The Middle East's largest airline, Emirates, announced Thursday it struck a deal with Airbus to purchase 20 A380 aircraft with the option to buy 16 more in a deal worth $16 billion, throwing a lifeline to the European-made double-decker jumbo jets.
The Dubai-based Emirates already has 101 A380s in its fleet and 41 more on order, making it the largest operator ofRead more
Airbus got an early jump on rival Boeing for 2018 with news Tuesday that low-cost Mexican airline Volaris has ordered 80 of its popular A320 planes for a total $9.3 billion.
The planned purchase, which entails deliveries over the next eight years, comes after the European Aerospace giant overtook Boeing last year in terms of aircraft orders, booking 1,109 against theRead more
Airbus said on Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.
The European aerospace group had been banking on another big order from main client Emirates in November, but the Dubai-based airline decided instead to buy 40 of Boeing’s Dreamliners.
Airbus’s decision in 2007 toRead more
Airbus announced its biggest-ever order on Wednesday, signing a deal to supply 430 of its medium-range A320 family of aircraft to US investment firm Indigo Partners, at a list price of $49.5 billion (42 billion euros).
"An order for 430 aircraft is remarkable," said Airbus chief operating officer, John Leahy.
"But it's particularly gratifying to all of us at AirbusRead more
The European aircraft maker, Airbus Defense and Space has secured orders for 70 aircraft from regional customers including Saudi Arabia.
Dirk Hoke, the CEO of Airbus Defense and Space said he wanted to help boost the contribution of the aerospace sector to the Kingdom’s economy in an exclusive interview with Arab News on the sidelines of the Future Investment Initiative.Read more
Bombardier on Tuesday said it was reviewing 2017 delivery plans for its CSeries jets, after US engine parts maker United Technologies said it was resolving issues with its geared turbofan (GTF) engines to make them more durable.
United Technologies, the maker of Pratt & Whitney jet engines, held back some GTF shipments to plane makers and offered spares to airlines,Read more
Airbus’s coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.
The European planemaker secured the deal for Bombardier’s CSeries program by pledging to throw its marketing might behind the loss-makingRead more
Singapore Airlines said on Friday it will finalize an order for 39 Boeing aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington DC next week.
The airline said in February it would order 20 777-9 and 19 787-10 widebodies as part of plans to modernize its fleet over the next decade, but theRead more
Airbus planemaking chief Fabrice Bregier said the company still expects to deliver “around 200” A320neo aircraft in 2017, but added that reaching this existing target would be “tough” in the wake of delayed engine deliveries.
Bregier said Pratt & Whitney, whose industrial problems have delayed deliveries of jets at Airbus plants, was testing re-designed parts for its engines and expectedRead more
Emirates is scheduled to receive its 100th Airbus A380, the world’s largest passenger aircraft, by November 3, the Dubai carrier said on Wednesday.
Emirates has flown over 80 million passengers with its A380 fleet to over 45 destinations in Africa, Asia, Europe, Australia, Europe, Middle and the Americas since the aircraft’s inaugural flight in 2008.
Included in Emirates’ A380 networkRead more