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Airbus last year clawed back two deliveries to reflect Western sanctions on Russia

Airbus is urging stepped-up European cooperation to ensure the continent's security and future access to space after a year that saw the company suffer fallout from Russia's war in Ukraine and the crash of a European satellite launcher. The France-based plane maker on Thursday reported a record overall 2022 profit of 4.25 billion euros (USD 4.55 billion), up from 4.21 billion euros the year before, despite inflation challenges and supply chain disruptions that slowed efforts to ramp up aircraft production. CEO Guillaume Faury said the company aims to deliver 720 planes this year, up from 661 last year, in an effort to keep up with growing demand by airlines as travel picks up worldwide following pandemic disruptions. On Tuesday, Air India unveiled an massive order that included 250 Airbus passenger jets. Airbus didn't disclose financial terms of the deal, which could be worth tens of billions of dollars. Airbus took in 820 orders in 2022 and reported revenue of 58.8 billion euros (

The mega commercial plane deal between Air India and Boeing is an opportunity to deepen an already profoundly intertwined relationship between India and the United States, the US said Wednesday. "It's an opportunity to deepen what is already a profoundly intertwined relationship based on shared interests, based on shared values, based on our deep economic ties. And with the announcements between Boeing and Air India yesterday, those ties are all the deeper," State Department Spokesperson Ned Price told reporters at his daily news conference. The "landmark" Air India-Boeing deal, according to US President Joe Biden, will create up to 1 million jobs across 44 states in the US. "It is something that we've heralded. It is an opportunity not only for the American economy and for workers here in this country, but it's an opportunity for the Indian people as well," Price said in response to a question, a day after the historic airplane deal between the two countries. "The United States i

Air India had last ordered planes in 2006, when it had booked 111 aircraft: 68 from Boeing and 43 from Airbus

Remi Maillard says first A350 will be delivered before end of this year; it only takes 11 days to qualify an A320 plane pilot into an A350 pilot

Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group

Boeing reported a USD 3.3 billion loss for the third quarter on Wednesday, as revenue fell short of expectations, it took a huge losses for fixed-cost defence programmes and its commercial-airplane business struggled. CEO David Calhoun said Boeing remains in a "challenging environment" and has more work ahead to drive stability". The adjusted loss amounted to USD 6.18 per share on revenue of USD 15.96 billion. Analysts had expected the company to earn 13 cents per share and post revenue of USD 17.91 billion. Revenue in Boeing's normally consistent defence and space business tumbled by 20 per cent, and it suffered USD 2.8 billion in losses for higher estimated manufacturing and supply chain costs on a military refuelling tanker, Air Force One and other programmes.

Boeing said on Thursday that India has on average 23 million people travelling using trains daily and even if one per cent of them shift to the aviation market, the air traffic will double

FARNBOROUGH, England (Reuters) - Boeing has been cranking out order announcements at this week's Farnborough Airshow, restoring momentum to its troubled 737 MAX, while rival Airbus on Wednesday added to its A320neo order book.

Both aircraft, with P&W engines, will fly only when cleared by aviation regulator

India has decided to procure its maiden batch of wide-bodied A350 aircraft from Airbus and the first plane is likely to be delivered to the airline by March 2023

Chinese investigators have led the China plan crash inquiry but US officials are involved as the plane is US-made.

Boeing and Airbus Helicopters have signed a Memorandum of Understanding (MOU) to partner on the H-47 Chinook in support of Germany's heavy-lift helicopter requirements.

Both sides agree to extend suspension of tariffs for five years

The European Commission spent Monday night discussing the accord with member states to get the deal over the line before an EU-U.S. summit in Brussels with President Joe Biden, according to officials

The USTR did not say when the tariffs would take effect but noted that additional details would be "forthcoming."

Canceled MAX orders, including those where buyers converted to a different model, was 448 jets - and 460 for all jets across Boeing's portfolio

The ruling is the latest twist in a more than 15-year dispute that has already seen Washington put border duties on EU imports.

Inspections triggered by production flaws in Boeing's 787 jetliner are further slowing deliveries of the two-aisle planes, compounding Boeing's struggle to recover from the grounding of its 737 Max and the coronavirus pandemic. Boeing said Tuesday it was inspecting separate issues that have been found where rear sections of the 787 fuselage are joined together and on part of the tail called the horizontal stabilizer. The affected planes haven't been delivered to customers yet, and We expect these inspections to affect the timing of 787 deliveries in the near term, spokesman Peter Pedraza said in a statement. The Federal Aviation Administration said it is investigating the matter. It is too early to speculate about the nature or extent of any proposed Airworthiness Directives that might arise from the agency's investigation, said the spokesman, Lynn Lunsford, referring to potential safety orders that could be imposed on Boeing. The Chicago-based company, which builds planes in ...

Boeing said it lost another 43 orders for the 737 MAX jet in July bringing the total number of canceled orders to 416 for this year.