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....”. Peckham, who is also a director at Airbus, said that the situation could have been avoided if the government had voiced an intention to “buy in” to the Galileo programme – as Norway and Switzerland do – on leaving the EU. ... [Read full article on Guardian ]
Friday 23rd of June 2017 02:07:52 PM
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Latest Finance News related to Airbus

Queen's speech doesn't help British businesses frozen out of EU space contracts image
....”. Peckham, who is also a director at Airbus, said that the situation could have been avoided if the government had voiced an intention to “buy in” to the Galileo programme – as Norway and Switzerland do – on leaving the EU. ...
Plane makes emergency landing in Sydney after hole appears in engine image
Source : Guardian [Read Article] Tuesday 13th of June 2017 11:30:43 AM
....Passengers spoke of their terror after hearing a loud noise followed by a “burning” smell. The Airbus 330 was forced to circle for an hour before touching down safely. ...
German authorities free Britons detained after easyJet flight diverted image
....”. Nine people received medical treatment after all 151 passengers were evacuated from the Airbus 319 aircraft using emergency slides. ...
ViaSat-2: Satellite goliath goes into orbit image
Source : BBC [Read Article] Friday 2nd of June 2017 01:12:24 AM
.... . The US, Boeing-built ViaSat-2 uses a mix of chemical and electric propulsion, but Eutelsat's platform is all-electric - the first such design to come from Europe's biggest space manufacturer, Airbus. ...
BA's owner launches new trans-Atlantic budget airline image
Source : BBC [Read Article] Wednesday 31st of May 2017 11:03:01 PM
....The owner of British Airways, IAG, said its new trans-Atlantic budget airline will expand its fleet to five planes and aims to open new European bases. Barcelona-based Level will initially use two new Airbus A330 aircraft to serve the Americas, with fares starting from £99 one-way. ...
BA computer meltdown: 'Heathrow was the angriest place I’ve ever been’ image
....”. He was told the issue was that there were not enough crew members available to staff the Airbus A380 flight. ...
China's first big passenger plane takes off for maiden flight image
. China's first large domestically made passenger aircraft has completed its maiden flight, mounting a major challenge to Boeing and Airbus. ...
Airbus profits fall as technical problems continue to hit projects image
. Problems at Airbus' troubled A400M military aircraft programme are far from over, the company has warned. ...
Airbus chief in Eurofighter fraud probe image
Source : BBC [Read Article] Wednesday 26th of April 2017 07:47:50 PM
. Vienna prosecutors have named Airbus chief executive Tom Enders as one of the targets of a fraud investigation. ...
Electric flying car that takes off vertically could be future of transport image
....In flight tests, a two-seat prototype executed manoeuvres that included a mid-air transition from hover mode – like a drone – to wing-borne flight - like a conventional aircraft, Lilium said. Potential competitors to Lilium Jet include much bigger players such as Airbus, the maker of commercial airliners and helicopters that aims to test a prototype self-piloted, single-seat “flying car” later in 2017. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
....His security guard refused to answer any more questions as he stood at the gates to the estate, which are flanked by black posts embossed in gold with Mallya’s VJM initials. A Silver Maybach also bears the VJM initials on its number plate, and his private Airbus A319 jet had the initials painted in gold on the engines and wingtips until it was put up for auction to pay his creditors. ...
Force India F1 team boss Vijay Mallya arrested in London image
Source : Guardian [Read Article] Tuesday 18th of April 2017 12:31:31 PM
....More than 4,000 Kingfisher Airlines employees went without pay for seven months before they revolted and grounded the carrier in October 2012. The Kingfisher Villa was sold off by Mallya’s creditors for nearly £9m this year and the Airbus private jet, which boasts gold ashtrays and a golden sink, has been put up for auction. ...
Non-stop Sydney-to-London flights could happen by 2022, says Qantas image
Source : Guardian [Read Article] Thursday 6th of April 2017 12:30:29 AM
. Both Airbus and Boeing now offer aircraft that appear to be capable of flying non-stop commercial flights from Sydney to London – the “Holy Grail” for the Australian carrier Qantas. ...
Serious Fraud Office boss warns big names to play ball – or else image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
....However, Green is keen to clarify that DPAs are not the only route that the SFO will take when investigating companies. This is are significant because the fraud-busting agency is still investigating alleged wrongdoing at several other huge companies, including Barclays, GlaxoSmithKline and Airbus, maker of the A380 superjumbo. ...
Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
.... He was interviewed under caution as part of the SFO’s investigation but has since been told that he would not face further action. On top of the Tesco and Barclays cases, the SFO is still investigating the pharmaceutical firm GlaxoSmithKline, the planemaker Airbus and other major companies. ...
Aircraft orders increase tenfold in a year in boost for UK manufacturing image
....The number of commercial aircraft ordered by airlines jumped to 43 last month from just four in February 2016, according to ADS, the industry trade association. The figures are based on orders for the planemakers Airbus, Boeing, Canada’s Bombardier, the Chinese state-owned firm Comac and Russia’s Irkut. ...
London-Paris electric flight 'in decade' image
Source : BBC [Read Article] Wednesday 22nd of March 2017 08:06:00 AM
....The company is yet to produce a plane of its own and is instead working alongside American inventor Chip Yates, whose own electric aircraft, the Long-ESA, holds the world record for fastest electric aircraft. Wright Electric's competitors include aviation giant Airbus, which has been developing its electric two-seater plane E-Fan since 2014, and has stated plans to create its own short-haul electric aeroplane seating 70 to 90 passengers. ...
BA owner IAG launches new long-haul airline Level image
Source : BBC [Read Article] Friday 17th of March 2017 10:56:07 AM
....IAG said the new airline, Level, would initially fly to Los Angeles, Oakland, Buenos Aires and Punta Cana in the Dominican Republic from June. The airline will use Iberia crew and two new Airbus A330 planes. ...
BA to offer less legroom than Ryanair on some planes image
Source : BBC [Read Article] Monday 6th of March 2017 07:18:39 PM
....British Airways plans to squeeze in more passengers on some planes it flies to European cities. From next year the airline said there will be a "small increase" in the number of seats on its Airbus A320 and A321 aircraft. ...
Norwegian's low-cost long-haul transatlantic fares take off quickly image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
....Norwegian started as a small regional airline before turning into a low-cost carrier that operated across Scandinavia. Its growth has surged throughout Europe since 2012, when it opened its Gatwick base and placed a large order for new fuel-efficient Boeing and Airbus planes. ...
Rolls-Royce posts biggest loss in its history image
Source : Guardian [Read Article] Tuesday 14th of February 2017 07:28:53 AM
....The Rolls boss has been trying to overhaul and modernise the company since taking control in 2015, inheriting a business that is struggling for the first time in a decade. Rolls, which makes engines for Boeing’s 787 Dreamliners and Airbus’s A380 superjumbos among others, has been affected by lower-than expected demand for the wide-bodied airliners to which it supplies engines. ...
Bribery and Brexit propel Rolls-Royce towards historic losses image
Source : Guardian [Read Article] Saturday 11th of February 2017 01:42:36 PM
.... Revenues were falling for the first time in a decade and underlying profits were down, prompting East to cut the dividend payout for shareholders for the first time in 24 years in 2016. Rolls, which makes engines for Boeing’s 787 Dreamliners and Airbus’s A380 superjumbos among others, has been affected by lower-than expected demand for the wide-bodied airliners to which it supplies engines. ...
Brexit and Trump mean 'dangerous new phase' for Airbus, says boss image
Source : Guardian [Read Article] Tuesday 24th of January 2017 04:37:09 PM
. Airbus has warned of a “dangerous new phase” as it faces the twin threat of Brexit and the policies of the Trump administration. ...
'Of the very greatest gravity’: key quotes from the Rolls-Royce bribery scandal image
....More on Indonesia. “An internal RR memo dated 17 December 1991, which was sent to RR senior employees, noted that Intermediary 1 had interpreted a previous conversation with an RR employee as a promise to reward him with a Rolls-Royce car if the A330 [Airbus aircraft] deal was won. ...
SpiceJet in deal to buy 205 Boeing planes image
Source : BBC [Read Article] Friday 13th of January 2017 08:15:36 AM
....SpiceJet is India's fourth largest airline, though its future looked in doubt in late 2014 after planes were grounded due to unpaid fuel bills. India is set to be the world's third biggest aviation market by 2020 making it vital for both Boeing and Airbus. ...
Iran welcomes Airbus as first post-sanctions airliner image
Source : BBC [Read Article] Thursday 12th of January 2017 06:06:57 PM
....Iran has taken delivery of its first Western-built passenger plane in decades, following the lifting of sanctions last year. The Airbus A321 landed in Tehran to an official ceremony that included Transport Minister Abbas Akhoundi. ...
Flying high image
Source : BBC [Read Article] Sunday 8th of January 2017 01:02:39 AM
....You're still towards the back of the plane, but you get extra legroom, service and amenities. Later this year, for example, on long-haul international flights on its new Airbus A350s, Delta Air Lines launches what it calls its "Delta Premium Select" option. ...
Does the Airbus A380 have a future? image
Source : BBC [Read Article] Monday 2nd of January 2017 11:34:34 PM
. European planemaker Airbus breathed a sigh of relief in 2016 as airlines placed fresh orders for its "superjumbo", the A380 - ending a three-year drought. ...
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Airbus forced to postpone delivery of 12 A380 jets to Emirates image
Source : Guardian [Read Article] Wednesday 28th of December 2016 04:37:00 PM
. Airbus has suffered yet another hitch in the troubled life of its A380 “superjumbo”, as it was forced to postpone delivery of 12 aircraft to its largest customer, Emirates. ...
BA owner to launch low-cost flights to US from Barcelona image
Source : Guardian [Read Article] Friday 23rd of December 2016 05:29:53 PM
....“This new operation will add another dimension to IAG and complement the other airlines in the group,” the company said in a statement. Using Barcelona’s El Prat airport will allow IAG to feed passengers from its European short-haul budget carrier Vueling into the new routes, which will be flown by a pair of 300-seat Airbus A330 planes at first. ...
Softbank invests $1bn in space satellite startup OneWeb image
Source : BBC [Read Article] Tuesday 20th of December 2016 04:44:20 AM
....5bn following its latest funding round. It also received another $200m from existing investors including Airbus, Virgin, India's Bharti and chipmaker Qualcomm. ...
Easyjet wants more women in the cockpit image
Source : BBC [Read Article] Thursday 15th of December 2016 10:29:33 AM
....They include Kate McWilliams, 26, who earlier this year became the world's youngest female captain for a major commercial airline. Based at Gatwick airport, she flies Airbus A319 and A320 planes to locations including Iceland, Israel and Morocco. ...
Iran finalizes $16.8bn deal with Boeing after nuclear agreement, state news says image
....Boeing had no immediate comment. In September, Washington granted permission to Boeing and its European competitor Airbus to sell billions of dollars’ worth of aircraft to Iran. ...
Iran signs $16bn deal to buy 80 Boeing aircraft image
Source : BBC [Read Article] Sunday 11th of December 2016 11:35:41 AM
.... The first airplanes under this agreement are scheduled for delivery in 2018. In September, the US government granted permission to Boeing and European rival Airbus to sell billions of dollars' worth of aircraft to Iran. ...
Qantas to fly from London to Australia non-stop image
Source : BBC [Read Article] Sunday 11th of December 2016 09:51:32 AM
....The new flights will make up the longest non-stop passenger route in the world. The current longest non-stop scheduled flight is Emirates Airlines' 14,200-kilometre Dubai-to-Auckland, New Zealand, service, which takes 16 hours 35 minutes in an Airbus A380. ...
Boeing tax break ruled unlawful by WTO image
Source : BBC [Read Article] Monday 28th of November 2016 04:31:55 PM
.... . Tom Enders, chief executive of Boeing's big rival Airbus, which in September was on the receiving end of a similar WTO ruling about EU subsidies - a complaint initiated by Boeing - held out an olive branch. ...
World trade hangs in the balance as Trump prepares plan of action image
Source : Guardian [Read Article] Saturday 26th of November 2016 04:00:35 PM
....A more likely reaction from Beijing would be tit-for-tat tariffs. The Global Times, a newspaper seen by many as a vehicle for the Chinese leadership to float ideas and respond to sensitive political issues, said earlier this month that China could easily favour Airbus over Boeing when it buys aircraft. ...
Devolution lessons image
Source : BBC [Read Article] Tuesday 22nd of November 2016 07:06:23 AM
....In Hamburg aviation is big business, employing 40,000 people. The local authority spends some of its funds on universities to help train the population in skills required by firms such as Airbus and Lufthansa Technik, as well as the hundreds of small and medium sized businesses that feed into them. ...
May obscures workers-in-boardrooms U-turn with verbal gymnastics image
Source : Guardian [Read Article] Monday 21st of November 2016 02:51:29 PM
....There is a fair argument that May’s original vision was unworkable anyway. Who is the “consumer” for a company like Rolls-Royce? Its direct customers like Airbus or Boeing, or people who fly on planes? For multinationals operating around the globe, could a single worker really have represented all interests?. ...
BA will add extra seats in economy cabins image
Source : BBC [Read Article] Monday 7th of November 2016 06:15:54 PM
....It said it would also be upgrading its in-flight entertainment systems with bigger screens. There are also reports that BA intends to add a dozen extra seats on its short-haul Airbus A320 aircraft, based at Heathrow. ...
BA accused of downplaying health risks of 'fume events' on flights image
Source : Guardian [Read Article] Thursday 3rd of November 2016 07:02:47 PM
....Unite, which has been pushing for an inquiry into the effects of cabin air on crew health, has been further concerned by BA referring internally to the incident as an “odour event”. A BA flight was diverted to Vancouver on its way back to London from San Francisco on 25 October when 11 crew on the Airbus A380 reported feeling sick after inhaling fumes in the cabin. ...
UPS orders Boeing 747s in $5.3bn deal image
Source : BBC [Read Article] Thursday 27th of October 2016 06:44:31 PM
....The firm warned in June that its iconic 'Jumbo Jet" plane faced falling orders and pricing pressures. The purchase significantly adds to Boeing's order book when it and rival Airbus have struggled to sell wide-body aircraft. ...
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Boeing set to deliver more planes in 2016 image
Source : BBC [Read Article] Wednesday 26th of October 2016 06:35:07 PM
....Chief executive Dennis Muilenburg said Boeing would take more time to decide whether such a cut was needed. Meanwhile, its European rival Airbus has maintained its full-year outlook despite reporting a 21% drop in third quarter profits before interest, tax and other charges to €731m (£652m). ...
Airport expansion image
Source : BBC [Read Article] Monday 24th of October 2016 11:07:50 PM
.... This has outperformed the growth in global GDP (except for a period between 2008-09) and is currently growing at 6. 2%, says the European aerospace giant Airbus. ...
Airbus criticises Poland for cancelling helicopter deal image
Source : BBC [Read Article] Tuesday 11th of October 2016 03:34:47 PM
. The head of Airbus has criticised Poland for cancelling a planned $3. ...
Boeing receives order for 40 planes from Qatar image
Source : BBC [Read Article] Friday 7th of October 2016 01:41:55 AM
....The deal gives Boeing a boost in a year when orders for widebody planes have slumped. Qatar has been frustrated over prolonged delivery problems from Boeing's European rival aircraft maker, Airbus. ...
EU rapped by WTO for $10bn a year Airbus subsidies image
Source : BBC [Read Article] Thursday 22nd of September 2016 04:11:48 PM
. The EU has failed to comply with rulings that it should cut subsidies to aircraft maker Airbus, the World Trade Organisation has ruled. ...
Singapore Airlines drops Airbus A380 plane image
Source : BBC [Read Article] Wednesday 14th of September 2016 03:03:01 PM
. Singapore Airlines has decided not to keep the first A380 it leased, delivering a fresh setback for Airbus' super-jumbo plane. ...
Former Tesco directors charged with fraud over accounting scandal image
Source : Guardian [Read Article] Friday 9th of September 2016 11:35:32 AM
....The charges against Tesco executives come after the SFO asked the government for an extra £21m to help it keep pursuing complex cases, as it struggles with a string of investigations into high-profile cases and complex financial dealings including Libor and Euribor rigging. It is currently investigating allegations concerning Tata Steel, Airbus GlaxoSmithKline, Rolls-Royce and Barclays. ...
Joe Sutter, 'Father of the Boeing 747', dies image
Source : BBC [Read Article] Wednesday 31st of August 2016 12:23:08 PM
....The 747, which ushered in the long-haul travel era, first flew in 1969 before making its commercial debut in 1970. It only lost its status as the biggest passenger aircraft in 2007 with the launch of the Airbus A380. ...
SES company first to use 'second-hand' SpaceX rocket image
Source : BBC [Read Article] Tuesday 30th of August 2016 12:10:42 PM
....It says the Falcon's Merlin engines should be able to complete 40 firing cycles or more without significant parts exchange. SES-10 has been built in the UK and France by Airbus Defence and Space. ...

Pilot executes impressive Airbus A380 landing in heavy crosswinds
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 10:47:44 AM
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Airbus criminal investigation by SFO could hit plane-maker's sales dominance 
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Airbus faces criminal fraud probe 
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Source : Telegraph [Read Article] Sunday 7th of August 2016 10:17:03 PM
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Serious Fraud Office opens Airbus corruption investigation image
Source : BBC [Read Article] Sunday 7th of August 2016 10:14:09 PM
. The UK's Serious Fraud Office (SFO) has launched an investigation into allegations of "fraud, bribery and corruption" in the civil aviation business of Airbus. ...

World's largest aircraft leaves hangar for first time ahead of maiden flight
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....3 million cubic feet of helium, can stay airborne for around five days during manned flights, cruising at speeds of up to 90 miles per hour 20,000ft above the earth. Some 50ft (15m) longer than the largest Airbus A380 passenger jets, the behemoth was developed by British firm Hybrid Air Vehicles (HAV), after it launched a campaign to return the Airlander 10 to the skies in May 2015. ...

MH370 was flown into water 'deliberately', says senior crash expert
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Source : Telegraph [Read Article] Monday 1st of August 2016 05:00:42 AM
....Pilot suicides are extremely rare. The most recent case occurred in 2015, when the co-pilot of a Germanwings Airbus A320 crashed his plane into the French Alps en route to Dusseldorf, killing 130 people. ...

Plane emergency lands as flames seen shooting from the wing
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Source : Telegraph [Read Article] Thursday 28th of July 2016 08:12:30 PM
....Flight 438 reported a boom just after takeoff. Passenger Jason Mosley recorded flames emanating from a wing of the Airbus 321. ...
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Troubled military transport delivers €1bn hit to Airbus
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Source : Telegraph [Read Article] Wednesday 27th of July 2016 10:20:01 AM
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The drone that can fly for years on solar power image
Source : BBC [Read Article] Thursday 14th of July 2016 11:26:30 AM
.... . Flying robots have some key advantages over conventional aircraft - as the BBC's Theo Leggett found out from Paul Stevens, chief engineer of Airbus's high altitude pseudo-satellite (HAPS) Zephyr - a drone designed to fly at altitudes of up to 20km for years at a time on solar power alone. ...
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Blow for Airbus as it slashes deliveries of A380 'superjumbo'
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Source : Telegraph [Read Article] Wednesday 13th of July 2016 09:20:04 AM
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Airbus slashes delivery target for A380 image
Source : BBC [Read Article] Tuesday 12th of July 2016 07:32:52 PM
. Airbus has more than halved its delivery target for its super-jumbo A380 planes. ...

Airbus boss reveals plans for urinals to replace some toilets on planes
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Source : Telegraph [Read Article] Tuesday 12th of July 2016 02:10:16 PM
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Business, not Brexit, dominates air show image
Source : BBC [Read Article] Tuesday 12th of July 2016 12:41:10 PM
....". He didn't want to be named - "it's not in my commercial interest" - but his company supplies equipment that ends up on both Airbus and Boeing aircraft. ...

Watch: Airbus A350 makes near vertical take off at Farnborough Airshow
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Source : Telegraph [Read Article] Tuesday 12th of July 2016 08:37:54 AM
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Boeing signs £3bn deal for nine marine patrol planes image
Source : BBC [Read Article] Monday 11th of July 2016 08:49:00 AM
...."Airplanes that size already account for 76% of the current single-aisle global backlog, and our products have the clear advantage in that space," said Mr Tinseth. A report published last week by Alix Partners, a global advisory firm, estimated that Boeing and rival Airbus already had a 13,400-order backlog stretching years ahead, fuelled by demand for narrow-body aircraft. ...
Farnborough forecast image
Source : BBC [Read Article] Friday 8th of July 2016 09:35:12 PM
....However, the event is very unlikely to see a repeat of the record $204bn (£157bn) haul of aircraft and engine orders announced at the 2014 show. Boeing and Airbus will as usual compete for headlines, so it's a fair bet that both planemakers will have stored up deals to unveil at the show. ...
Airshow history image
Source : BBC [Read Article] Thursday 7th of July 2016 11:02:33 PM
....This involves raising the noses of the aircraft to beyond the vertical position before dropping it back to normal flight, emulating the strike of the snake. In recent years Farnborough has become a key marketing battleground for the world's two largest passenger aircraft manufacturers, Airbus and Boeing, allowing them to display their latest offerings and to announce new orders. ...
Key British airliners: A short post-war history image
Source : BBC [Read Article] Thursday 7th of July 2016 11:01:58 PM
. The BBC looks at some of the most significant UK-built airliners of the past 70 years, from the Bristol Brabazon to the wings on today's double-decker Airbus A380. ...
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Rolls-Royce backs remain in EU vote image
Source : Guardian [Read Article] Wednesday 15th of June 2016 08:42:00 AM
....Rolls-Royce employs more than 50,000 people around the world, with three-quarters of the workforce based in the EU. Major customers include the European aircraft maker Airbus. ...
Brexit 'would leave British workers £38 a week worse off' image
Source : Guardian [Read Article] Tuesday 31st of May 2016 11:01:06 PM
.... And inequalities between regions would get even wider. That’s why leading firms such as Airbus UK, BMW Mini and Ford have come out so strongly against Brexit. ...
EgyptAir MS804 plane disaster sends travel firm and airline share prices tumbling image
.... . Airbus, the manufacturers of the missing plane, saw its shares down by 0. ...
Should we stay or should we go? UK businesses on the EU referendum image
Source : Guardian [Read Article] Saturday 7th of May 2016 02:59:18 PM
.... Yes, the UK will still be a large economy, but we are not going to be the destination for foreign investment we have been for many years. You need to ask what is going to bring in the next investment in the car industry, or keep Airbus in the UK. ...
Rolls-Royce boss to announce turnaround plan is working image
Source : Guardian [Read Article] Thursday 5th of May 2016 08:58:28 AM
....”. Rolls-Royce, which manufactures engines for Boeing’s 787 Dreamliners and Airbus’s A380 superjumbos, said it was “well on track” to deliver the expected cost savings of £30-£50m this year. ...
City News: Welsh economy, high street spending, WWP and Sunday Papers image
Source : Daily Express [Read Article] Sunday 17th of April 2016 05:29:00 PM
....4 per cent more spending money than five years ago, while those in Flintshire, Wrexham and south west Wales have over 14 per cent more. Investment from large manufacturers based in Wales, including Toyota and Airbus, was partly responsible, said the report. ...

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