Commercial Aircraft Corporation of China (Comac) is set to emerge as a serious competitor in the commercial aviation market over the next 20 years.» Read More
Airbus A350 had its first test flight on Friday morning in Toulouse, France.
CNBC's Stephane Pedrazzi reports on the Airbus A350 test flight, due to take place this coming Friday and on when the first orders are expected to be delivered.
Philippe Plouvier, senior partner and Aerospace Consultant at Roland Berger Strategy Consultants, tells CNBC that there's a continuous improvement of the EBITDA margin of the EADS group.
China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognize its support over a trade row with Europe.
Wind shear, or the sudden change in wind speed and direction, is the invisible enemy and something all pilots dread as they land at Asia's tropical island resorts.
The pilot whose Indonesian jet slumped into the sea while trying to land in Bali has described how he felt it "dragged" down by wind while he struggled to regain control.
CNBC's Phil LeBeau talks with Fabrice Bregier, CEO of Airbus, about building a new plant in Alabama, hiring, and the decision not to use lithium-ion batteries in its new A350 jets.
Some of the names on the move ahead of the open.
All Nippon Airways, the biggest customer for Boeing's 787 Dreamliner, wants the planemaker to compensate it in cash, rather than discounts on future purchases, for losses racked up since the aircraft was grounded worldwide in mid-January.
Ryanair announced a $15.6 billion order for 175 passenger jets from Boeing on Tuesday in a deal that will allow the Irish airline to consolidate its position as Europe's dominant low-cost carrier.
Although Cramer had typically shied away from investing in the airline industry, the "Mad Money" host actually recommended a few carriers.
Bad news for Boeing, reports CNBC's Phil LeBeau, rival Airbus has struck a record deal with Indonesia's Lion Air.
Airbus sells 234 planes to Idonesian Lion Air, poaching one of Boeing's fastest growing customers.
Federal regulators have approved a Boeing plan to redesign the 787 Dreamliner's batteries, though extensive testing will be needed before the planes can fly passengers again.
AirAsia Bhd reported full year profit more than tripled, beating expectations, thanks to the share sale of its Thai business.
John Leahy, COO at Airbus, tells CNBC that the Chinese will not become major competitors for at least twenty years.
Indonesia's economic boom should be a bonanza for airlines clamoring for a slice of the world's fourth-most populous country. But the bankruptcy of its No. 4 airline, Batavia Air, shows how smaller operators are finding it hard to survive.
The joint investigation into the Boeing 787's battery problems has shifted from the battery-maker to the manufacturer of a monitoring system.
Japan's government stepped in to give Boeing's now-grounded 787 Dreamliner and its made-in-Japan technology a boost in 2008 by easing safety regulations, fast-tracking the rollout of the groundbreaking jet for Japan's biggest airlines, according to records and participants in the process.
Fabrice Brégier, CEO of Airbus, tells CNBC that everyone should know that air transportation is the safest in the world and that Boeing's grounded 787 planes were not a danger to passengers.