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European Aeronautic Defence and Space Company EADS NV

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  • OTTAWA, May 29- Canada signaled on Thursday it is likely to make a decision soon on whether to replace its aging CF-18 fighter jets with F-35 stealth fighters from Lockheed Martin Corp or hold an open competition among aircraft makers.

  • May 29- Alcoa Inc, the biggest U.S. aluminum producer, said it started work on a $100 million plant in Indiana to meet rising demand from large commercial aircraft makers. The new plant will create 329 jobs by 2019 and increase the company's capacity to supply engine parts for narrow-body aircraft, Alcoa said.

  • OTTAWA, May 29- Canada signaled on Thursday it is likely to make a decision in the next few weeks on whether to replace its aging CF-18 fighter jets with F-35 stealth fighters from Lockheed Martin Corp or hold an open competition among aircraft makers.

  • AMSTERDAM, May 27- Airbus Group completed an overhaul of Europe's largest aerospace group on Tuesday by changing its name from EADS and reaffirming a pledge to deliver on existing projects before embarking on risky new ventures.

  • AMSTERDAM, May 27- Airbus is studying further increases in production of its best-selling A320 jet family from 2018 after reaching a targeted level of 46 a month in 2016, the chief executive of parent Airbus Group said on Tuesday. Each month, Airbus currently produces 42 of the narrow-body jets, which compete with the Boeing 737..

  • YEKATERINBURG, May 23- VSMPO-Avisma, the world's largest titanium producer, warned Airbus on Friday it would be forced to pay penalties if the European planemaker terminated a $4 billion contract with its Russian supplier.

  • BERLIN, May 23- The head of Airbus Group has urged European countries to carry out a fundamental overhaul of the space rocket launcher industry and give companies a bigger role to avoid becoming "irrelevant" in the $6.5 billion global rocket-launch club.

  • BERLIN, May 23- Germany faces defense industry job cuts beyond those already planned and could even see factories closed or moved abroad if the government insists on toughening restrictions on arms exports, the head of Airbus Group told Reuters. The company's defense and space division already plans to shed some 2,000 industrial jobs in Germany.

  • BERLIN, May 23- Airbus will not allow a proposed revamp of its A330 jetliner to blow it off target in delivering profit improvements, the chief executive of parent Airbus Group said. Airbus is considering updating the 20- year-old A330 wide-body jet with new engines in order to boost deliveries beyond 2016 and better compete with the Boeing 787 Dreamliner.

  • Virgin America says it expects union drive will fail Wednesday, 21 May 2014 | 7:13 PM ET

    SEATTLE, May 21- Virgin America on Wednesday called its flight attendants' drive to join a union detrimental and said it expects the effort to fail like a similar vote two years ago. Since launching in 2007, Virgin America has focused on "making flying good again," and "a third party like the TWU would only detract from that," spokeswoman Jennifer Thomas said.

  • UPDATE 1-Boeing wants to be more like Apple -CEO Wednesday, 21 May 2014 | 1:10 PM ET

    SEATTLE, May 21- Boeing Co Chief Executive Officer Jim McNerney said the company wanted to be more like Apple Inc in the way it innovates, rather than doing a "moon shot" development every 25 years. "We want to be more like Apple than the apocryphal every 25 years" product development cycle at Boeing, McNerney said.

  • Boeing wants to be more like Apple -CEO Wednesday, 21 May 2014 | 11:23 AM ET

    SEATTLE, May 21- Boeing Co Chief Executive Officer Jim McNerney said the company wanted to be more like Apple Inc in the way it innovates, rather than doing a "moon shot" development every 25 years. He said the company intended to increase market share in the twin-aisle jetliner market, a competitive dig at rival Airbus.

  • Dash for cash drives Airbus v Boeing jet revamps Wednesday, 21 May 2014 | 8:09 AM ET

    *Airbus also seen looking at A380 engine upgrade for 2020-21. BERLIN, May 21- Drained by their contest to create the carbon-fibre wonder jet, Airbus and Boeing are observing a truce in futuristic new developments while they refill their coffers with makeovers of older but reliably profitable models.

  • BERLIN, May 19- Airbus will keep evolving the design of its A380 superjumbo in response to Boeing's latest jetliner, the 777 X, which has been bolstered by "unacceptable" Washington state subsidies, the head of the European planemaker said on Monday.

  • *Companies to work with France, Italy, German governments. Airbus Group, France's Dassault Aviation and Italy's Finmeccanica said on Monday that they would work with the governments of Germany, Italy and France for up to two years to define those countries' requirements for an unmanned aerial vehicle, with a view to producing it by 2020..

  • BEIJING, May 16- China Southern Airlines Co Ltd on Friday said it has ordered 80 aircraft from Airbus Group NV worth at least $7.3 billion. China Southern will also sell 6 Embraer SA E145 jets and components to Airbus before year-end, reducing capacity by 0.02 percent, the Guangzhou- based carrier said in a statement on its website.

  • BEIJING, May 16- China Southern Airlines Co Ltd on Friday said it has ordered 80 aircraft from Airbus Group NV worth at least $7.3 billion. China Southern will also sell 6 Embraer SA E145 jets and components to Airbus before year-end, reducing capacity by 0.02 percent, the Guangzhou- based carrier said in a statement on its website.

  • PARIS, May 16- The European Union is considering raising the pressure on the United States in the world's largest trade dispute by challenging tax breaks that encouraged planemaker Boeing to keep production of its latest jet in Washington state, people familiar with the matter said on Friday.

  • Missing Malaysian jet spurs interest in tracking services Wednesday, 14 May 2014 | 3:34 PM ET

    NEW YORK/ MONTREAL, May 14- In the aftermath of the disappearance of Malaysian Airlines Flight MH370, companies that provide satellite connections and WiFi service to airplanes are battling for a lucrative new market: selling plane-tracking services.

  • *S&P sets new record despite soft data. *Key Europe index closes at 6- year high, buoyed by results. NEW YORK, May 13- U.S. stocks ended flat on Tuesday as the benchmark S&P 500 retreated after climbing over the 1,900 mark, while an index of European shares ended at a six-year high on solid corporate earnings and bets of more European Central Bank stimulus.