October 10, 2007 |
Airbus delivered 330 planes in the first nine months of the year, one more than Boeing Co., as the two compete for the title of world's biggest commercial aircraft builder. Airbus, a unit of European Aeronautic, Defense and Space Co., lags behind its U.S. rival on new orders, winning contracts for 854 aircraft this year. Boeing, based in Chicago, won 903 orders in the period.
September 27, 2007 |
The United States' payment of what the European Union has called illegal subsidies to Boeing Co. has cost rival European plane maker Airbus $27 billion in lost revenue over the last three years, the EU said Wednesday as hearings over the transatlantic dispute began. The EU added that Washington would have only itself to blame if the World Trade Organization were to rule next year that the U.S.
June 23, 2007 |
If Boeing Co. has been rocked by this week's stack of new plane deals announced by rival Airbus, it certainly hasn't shown it. Airbus unveiled deals involving more than 700 planes, including more than 300 firm orders, and edged ahead of the U.S. company, which entered this week's Paris air show well in front. "Our long-standing policy is not to store up order announcements for an air show.
June 21, 2007 |
Airbus racked up more orders for its A350 XWB aircraft on Wednesday, a day after U.S. rival Boeing Co. snagged the troubled jet's original launch customer for its own 787 Dreamliner. In announcements at the weeklong Paris Air Show, Airbus said it had landed orders for 166 aircraft Wednesday, bringing its haul for the first three days of the event to 548, worth $75.7 billion.
June 19, 2007 |
Airbus stole the spotlight from U.S. rival Boeing Co. during the opening of the Paris Air Show on Monday, announcing airliner deals worth about $43 billion. Boeing, in contrast, tallied up orders worth $4.4 billion. Some, but not all, of the Airbus orders were new, including Qatar Airlines' purchase of 80 of Airbus' A350s, worth more than $18 billion.
March 3, 2007 |
Airbus was left with an empty order book for the cargo version of its much-delayed super-jumbo jet after United Parcel Service Inc. said Friday that it would cancel its 10-plane order. The move comes just a week after UPS and Airbus reached a revised agreement that gave either party the right to terminate the order. UPS said it decided to cancel after it learned that Airbus was diverting employees from the freighter program to work on its passenger plane program.
March 2, 2007 |
Financially troubled European airplane manufacturer Airbus has stopped work on the freight version of its new A380 super-jumbo so that it can focus more on the troubled passenger version of the aircraft, its parent company said Thursday. "The work on the freight version of the A380 has just been temporarily cut off ... so that all capacities can be directed at the A380 passenger version," said Michael Hauger, spokesman for European Aeronautic Defense & Space Co.
March 1, 2007 |
Troubled plane maker Airbus confirmed 10,000 job cuts and announced plans to sell all or part of six factories Wednesday as workers protested and European politicians hailed a hard-fought compromise. Airbus Chief Executive Louis Gallois gave a stark vision of a Franco-German company needing to find billions of euros in savings and end nationalist infighting that he deemed "poison."
CALIFORNIA | LOCAL
March 1, 2007 |
Officials announced that airplane maker Airbus has changed its mind and will bring the first U.S. test flight of the world's largest plane to Los Angeles and New York on the same day this month. In a carefully negotiated deal, the company agreed to land the double-deck behemoth at Los Angeles International Airport around 9 a.m. March 19 -- at about the same time another aircraft will touch down at John F. Kennedy International Airport. "Being part of the A380's inaugural visit to the U.S.
February 27, 2007 |
The board of Airbus parent EADS approved a restructuring plan for the troubled European aircraft maker Monday, breaking a weeklong deadlock over job cuts and future jet programs between France and Germany. The European Aeronautic Defense & Space Co. said details would be released Wednesday after they were passed through company ranks. The plan will allow the civil airliner division of Airbus to "face the challenge of the U.S.