Airbus SE

Airbus announced a fresh cut in production of its A350 long-range jet on Thursday as it posted a larger-than-expected second-quarter loss amid the coronavirus crisis.

Leasing giant AerCap said on Wednesday it had cancelled 15 orders for the grounded Boeing 737 MAX aircraft as it slows the pace of new plane deliveries to weather the coronavirus crisis.

Spanish Foreign Minister Arancha Gonzalez Laya said on Friday that the United States should lift sanctions on Spanish exports after Airbus' move to accept higher interest rates on European state loans in a bid to settle a WTO row with the U.S. "The EU has complied, there...

Spirit Airlines has reached an agreement with Europe's Airbus to defer aircraft deliveries during 2020 and 2021, as the coronavirus pandemic weighs on travel demand, Chief Financial Officer Scott Haralson said on Thursday.

Thousands of Spanish Airbus employees gathered outside a factory near Madrid on Thursday, waving banners and chanting through face-masks, to protest against a restructuring plan that will see hundreds of jobs lost.

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it had reached agreement with Airbus SE to delay the delivery of A350s and A321neos and was in advanced talks with Boeing Co about deferring its 777-9 orders.

Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture that has proved a money pit for investors.

Airbus deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread to Europe in March, but the accelerating recovery failed to prevent first-half deliveries from sliding to a 16-year low.

Airbus deliveries plunged to 196 aircraft in the first half of the year from 389 in the same period a year earlier, the planemaker said on Wednesday.

Austria will ground its nearly 50-year-old Saab fighter jets at the end of the year and solely rely on its Eurofighter warplanes from January, the defence ministry said on Monday.

Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralysed air travel.

The chief executive of European planemaker Airbus warned staff on Tuesday the economic crisis brought about by the coronavirus epidemic could still get worse, after the group unveiled plans to cut 15,000 jobs across Europe.

The chief executive of European planemaker Airbus warned staff on Tuesday the economic crisis brought about by the coronavirus epidemic could still get worse, after the group unveiled plans to cut 15,000 jobs across Europe.

Airbus on Tuesday unveiled plans to shed around 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the coronavirus pandemic rocked the air travel industry.

* Postpones $10 bln services revenue goal, keeps strategy -exec

Airbus was finalising an imminent restructuring plan involving thousands of job cuts on Monday as its chief executive confirmed plans to hold output down by 40% for two years.

Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted on Monday as saying.

French unions and a regional body slammed a decision by Airbus to cancel plans to bring some engine work in-house on Tuesday, saying it would cost 350 French jobs.

European planemaker Airbus SE said on Friday it is extending furlough programs for 5,300 of its employees in Spain and the United Kingdom in its latest effort to cope with the impact of the coronavirus outbreak.