Airbus is also in active discussions with European governments about tapping schemes to assist struggling industries, including state-guaranteed loans
Berlin is eager to balance European and American alliances via its military aircraft-buying scheme, but the decision to move ahead with the US purchases has angered some politicians
In 2019, Airbus, which employs a global workforce of 135,000, generated revenues of around 70 billion euros
The airport authority aims to spend a minimum of Rs 5,000 crore each year on the infrastructure in line with the government's announcement that 100 new airports will be developed in five years
Airbus has assumed the Indian middle-class population will grow to 1 billion or 68% of the total population by 2038, as compared to the present 540 million
The 20-year traffic growth in the Indian aviation sector is pegged at 7.7%, almost twice the world average of 4.3%
However, Airbus had an unusually strong January and Boeing rebounded in February with a Japanese order for a dozen 787 wide-body jets
The plea has alleged that despite being aware of "significant technical issues with Airbus A320neo," neither MCA nor the DGCA have taken any concrete steps to ground these aircraft
Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year
For passengers, this alliance may change the entire airport experience
Airbus has been unable to take advantage of the shortfall at Boeing partly because it can't build planes fast enough
The European planemaker said it would continue discussions with its US customers to 'mitigate effects of tariffs insofar as possible'
The World Trade Organization has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004
Airbus' global services forecast envisages the Indian aircraft services market to grow to $6.3 billion by 2025
Chairman Kamarudin Meranun, too, relinquishes post temporarily over links to bribery scandal
Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States
Budget airline GoAir on Thursday said it is temporarily suspending some flights due to Airbus and Pratt & Whitney deferring delivery of planes and engines, respectively. In the last four weeks, the carrier said, it has gone through unplanned grounding of aircraft, which were supporting its current operation of fleet. "Now, we have been informed by our business partners Airbus and Pratt & Whitney of their inability to deliver previously promised aircraft and engines through March 9, 2020, that are required to support our current growth. "As a result, we have been forced to temporarily suspend certain flights that are part of our network, schedule and open for sale," it said in a statement. Specific details were not disclosed. Currently, the airline operates more than 325 daily flights and has around 60 planes in its fleet.
Airbus has signed a contract with Bengaluru-based startup Traxof Technologies to automate the talent acquisition process for Airbus information management (IM) organisations in India and Europe. Traxof was a part of Airbus BizLabs startup acceleration programme Season 4. The startup was chosen after a rigorous boot camp and jury election, Airbus said in a statement on Monday. Traxofs cloud-based, automated desktop and mobile-based solution provides real-time visibility and monitoring of recruitment processes to support the planned ramp-up of IM resources, especially in India for Airbus digitalisation. The platform also allows the harmonisation of workflows of different stakeholders to optimise the process, it said. Traxof solves a real world problem that is shared by a wide range of our internal stakeholders with a simple off-the- shelf solution, chief information officer, Airbus India & South Asia, Carlo Nizam was quoted as saying. Founded in 2014, Traxof ...
A reversal in the pecking order between the two giants had been expected as a crisis over Boeing's grounded 737 MAX drags into 2020
The Wadia group-owned airline cancelled as many as 40 flights this week on account of shortage of staff and inclement weather