Europe's largest aerospace group pointed to softness in its core commercial jetliner unit and weakness in the commercial helicopter market.
Europe's largest aerospace group said quarterly operating profit before one-off items fell 21 percent to 731 million euros.
Washington and Boeing welcomed a World Trade Organization ruling that criticized the European Union for failing to stop subsidies to Airbus.
Airbus focuses on more hub-and-spoke aircraft models, while Boeing is more targeted with point-to-point models, says Frost & Sullivan's Subhranshu Sekh Das.
It's not just ride-hailing apps and food-delivery start-ups anymore: Venture capitalists are now also exploring space for outsize returns.
Airlines are helping to offset a humanitarian funding hole by delivering relief supplies to needy countries worldwide.
The second-largest US airline by traffic says the new jets will replace its aging aircraft.
Air traffic might be rising, but airlines' problems are starting to weigh on Airbus and Boeing's earnings, says Ken Herbert from Canaccord Genuity.
Fabrice Bregier, president and CEO of Airbus, says the company's new Singapore training center will improve the quality of trained pilots in Asia as the aviation market booms.
The European planemaker is looking for support from airlines for its new 400-seat jetliner to compete against Boeing.
The plane traveled 8,824 miles from Dubai to Auckland, New Zealand to set a record for the longest flight by distance.
Fabrice Bregier, CEO of Airbus, expects business in Asia to grow 5 percent in the next two decades and is not worried about China's slowdown.
After a near ten-year wait, Singapore Airlines has taken delivery of its first Airbus A350-900.
Tom Enders, CEO of Airbus, says low oil prices are a huge benefit to airlines.
Philippine Airlines has placed an order for six A350-900 jets with Airbus, the two companies announced at the Singapore Airshow Wednesday.
Fabrice Bregier, CEO of Airbus, says the global economic slowdown is not affecting his company, which received more than 1,000 orders last year.
The jet deal was signed during President Rouhani's visit to France, reports CNBC's Sue Herera.
As part of a new Silicon Valley operation, Airbus will partner with Uber to provide on-demand helicopters.
Istanbul blast kills 10, injures 15; Supreme Court strikes down Florida death sentencing procedure and Airbus beats Boeing on plane orders, Powerball jackpot reaches $1.5 billion.
Boeing extends its lead as the world's largest jet maker in 2015.