Lufthansa pilots will strike on Tuesday after talks over an early retirement scheme broke down again.» Read More
The Eurofighter jet, also known as Typhoon, was developed for four nations- Britain, Germany, Italy and Spain- which have so far taken delivery of 371 aircraft out of 472 on order. It is built by BAE Systems in Britain, Airbus Defense& Space on behalf of Germany and Spain, and Italian aerospace firm Finmeccanica.
The German military said late Tuesday the error involves drill holes on the rear of the planes' fuselage and results from insufficient sanding-down by manufacturer BAE Systems. Eurofighter GmbH is the joint venture between BAE, Airbus and Alenia Aermacchi.
OTTAWA, Sept 30- Canada, faced with a politically controversial decision over how best to upgrade its fleet of fighter jets, will extend the life of the existing planes to 2025, an official said on Tuesday.
The European Aviation Safety Agency said Airbus, the planemaking unit of Airbus Group, had proved the jet's airworthiness in more than 60,000 hours of certification work including 250 hours spent with safety inspectors in the air.
LONDON— Inflation across the 18 euro countries dipped further toward zero in September, piling pressure on the European Central Bank to pull the trigger on its biggest stimulus weapon— a large-scale program to create new money.
PARIS, Sept 29- Defendants at a French trial involving allegations of insider trading at Airbus Group this week will try to persuade judges it should not take place on the grounds it breaches their human rights, lawyers involved in the case said. That principle is enshrined in the European Convention on Human Rights.
DALLAS— As their plane climbed away from Belize City, American Airlines pilot Brian Will and his co-pilot were ready to detour several hundred miles to avoid a wall of bad weather in front of them. The system on Will's plane was made by Rockwell Collins Inc. and just hit the market in February.
TORONTO, Sept 26- Bombardier Inc said on Friday that aircraft leasing company Macquarie AirFinance had signed a firm agreement to buy 40 of the Canadian manufacturer's new CSeries jets, with an option for 10 more. "It's a decent-sized order," said Cormark Securities analyst David Newman. Bombardier's shares rose 4 percent to C $3.64 on the Toronto Stock Exchange.
*Air Berlin cancels orders for 18 737 s, 15 787 s. FRANKFURT, Sept 26- Loss-making German airline Air Berlin has cancelled orders for Boeing aircraft worth a total of $5 billion at list prices as it strives to curb spending and return to profit.
TOULOUSE, France, Sept 25- Airbus sees a "distinct possibility" of adding at least one new customer for its A380 superjumbo jet before the end of the year, the European planemaker's sales chief John Leahy told Reuters on Thursday.
LONDON, Sept 25- European shares slipped to a one-month low in late trading on Thursday, tracking a sell-off in U.S. stocks, as a stronger dollar undercut prices for industrial metals, causing mining shares to drop.
*Airbus expects 3,500 A320neo sales by year end. TOULOUSE, France, Sept 25- Airbus successfully staged the maiden test flight on Thursday of an upgraded passenger jet on which it expects to generate hundreds of billions of dollars of revenue, buoyed by an increase in the company's jet demand forecast.
TOULOUSE, France— Airbus has sent its latest jet up for its first flight above the skies of southern France, amid high demand for the single-aisle A320neo and its promised fuel economy. The plane took off and landed safely in a test flight Thursday in Toulouse.
*Telecom Italia up on report businessman seeks finance for bid. LONDON, Sept 25- European shares extended the previous session's rebound on Thursday as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings. Federal Reserve and the European Central Bank.
PARIS, Sept 25- European shares gained ground in early trade on Thursday, extending the previous session's rebound as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings. Federal Reserve and the European Central Bank.
TOULOUSE, France, Sept 24- Airbus raised its 20- year forecast for jet demand on Wednesday, citing growth in emerging markets, with China on the brink of becoming the world's aviation powerhouse. Airbus sees total demand for 31,400 passenger and freighter aircraft between 2014 and 2033, an increase of 7 percent from its previous rolling 20- year forecast.
TOULOUSE, France, Sept 24- Airbus Group announced a new boss for its UK operations on Wednesday, bringing in a former executive from French defense and avionics firm Thales to oversee one of its core European manufacturing centers and defense markets.
ISTANBUL, Sept 24- Airbus hiked its 20- year forecast for jet demand on Wednesday, led by growth in emerging markets as China stands on the brink of becoming the world's leading aviation powerhouse.
PARIS— European jet maker Airbus is raising its long-term forecast for new airplane demand by more than 7 percent, based on expected orders of smaller, more fuel-efficient planes and burgeoning travel in Asia. Airbus' top salesman, John Leahy, said Wednesday that air traffic will grow 4.7 percent annually over the next 20 years.
WASHINGTON, Sept 22- AgustaWestland, a unit of Italy's Finmeccanica SpA, has sued the U.S. Army to block its plans to buy 155 helicopters built by Europe's Airbus without a competition, arguing that its own helicopters would be cheaper to buy and operate.