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French Airbus Workers Sign Key Restructuring Deal

WIL BALDWIN October 12, 2020

FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. REUTERS/Stephane Mahe/File Photo TOULOUSE, France (Reuters) - Major French unions on Monday…

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Airbus First-Half Deliveries Hit 16-Year Low Despite June Bounce

WIL BALDWIN July 8, 2020

Airbus logo at the entrance of the Airbus facility in Bouguenais PARIS (Reuters) - Airbus <AIR.PA> deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread to…

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Safran Shares Lifted by Boeing 737 MAX Restart Plan

WIL BALDWIN May 28, 2020

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington PARIS (Reuters) - Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting…

Azul Airlines to Delay 59 Embraer Airplanes Until After 2024

WIL BALDWIN May 14, 2020

SAO PAULO, May 14 (Reuters) - Brazilian airline Azul SA said on Wednesday it had agreed with planemaker Embraer SA to delay the delivery of 59 E2 jets, with a list price of 24.5 billion…

Airbus to Furlough 3,200 Staff at Broughton Factory in Wales

WIL BALDWIN April 28, 2020April 28, 2020

LONDON (Reuters) - Airbus <AIR.PA> will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at…

Airbus Warns Staff on Jobs With its ‘Survival at Stake’

WIL BALDWIN April 27, 2020April 27, 2020

FILE PHOTO: Airbus CEO Guillaume Faury poses before Airbus's annual press conference on full-year results By Tim Hepher PARIS (Reuters) - European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis,…

Airbus Posts Strong January Orders, Delivers 31 Jets

WIL BALDWIN February 6, 2020

PARIS (Reuters) - Airbus <EADSY> posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in the pipeline for several months, and…

Record $4 Billion Airbus Fine Draws Line Under ‘Pervasive’ Bribery

WIL BALDWIN January 31, 2020January 31, 2020

FILE PHOTO: FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse PARIS/LONDON/WASHINGTON (Reuters) - Airbus <EADSY> bribed public officials and hid the payments as part of a pattern of worldwide…

Air Niugini Delays Delivery of Four 737 MAX Jets Until at Least 2024

WIL BALDWIN January 20, 2020January 20, 2020

A Boeing 737 Max aircraft taxis the runway at the Renton Municipal Airport in Renton SYDNEY (Reuters) - Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co <BA> to delay the…

Boeing Addresses New 737 MAX Software Issue

WIL BALDWIN January 17, 2020

WASHINGTON (Reuters) - Boeing Co <BA> said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX,…