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Airbus Group NV

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  • March 24- It is likely some British nationals were on board the Germanwings flight that crashed in the French Alps on Tuesday, British Foreign Secretary Philip Hammond said. The Airbus operated by Lufthansa's budget carrier Germanwings flight was traveling from Barcelona to Duesseldorf and had 142 passengers and six crew on board when it crashed in southern...

  • CORRECTED-Airbus A320 is an aviation workhorse Tuesday, 24 Mar 2015 | 2:26 PM ET

    PARIS, March 24- The Airbus A320 is the workhorse of Europe's aerospace industry, transporting more than a million people a day from business travelers to backpackers. More than 3,600 of the jets are in operation and another 3,700 are waiting to be built as Asia's economic expansion fuels record demand. Experts say its safety record is among the industry's...

  • Airbus A320 is an aviation workhorse Tuesday, 24 Mar 2015 | 1:51 PM ET

    PARIS, March 24- The Airbus A320 is the workhorse of Europe's aerospace industry, transporting more than a million people a day from business travelers to backpackers. More than 3,600 of the jets are in operation and another 3,700 are waiting to be built as Asia's economic expansion fuels record demand. Experts say its safety record is among the industry's...

  • Europe shares end higher; Lufthansa hit by plane crash Tuesday, 24 Mar 2015 | 1:38 PM ET

    European equities finished higher on Tuesday, rising from session lows, as investors reacted to fresh economic data from the euro zone.

  • SEYNE-LES-ALPES, France, March 24- An Airbus operated by Lufthansa's Germanwings budget airline crashed in a remote area of the French Alps on Tuesday, killing all 150 people on board including 16 schoolchildren. Germanwings confirmed its flight 4 U 9525 from Barcelona to Duesseldorf went down with 144 passengers and six crew on board. One of the plane's black...

  • SEYNE-LES-ALPES, France, March 24- An Airbus operated by Lufthansa's Germanwings budget airline crashed in a remote snowy area of the French Alps on Tuesday, killing all 150 on board including 16 schoolchildren. Germanwings confirmed its flight 4 U 9525 from Barcelona to Duesseldorf went down with 144 passengers and six crew on board. Also among the victims...

  • *Lufthansa, Airbus down after plane crash. LONDON, March 24- European shares edged up on Tuesday to hover just below a recent 7-1/ 2- year high, with forecast-beating business surveys from Germany and France offsetting disappointing Chinese factory data. However, Lufthansa and Airbus were down 1.9 percent and 0.9 percent respectively after an Airbus operated by...

  • Private sector data helps European shares recover Tuesday, 24 Mar 2015 | 7:48 AM ET

    *Lufthansa, Airbus down after plane crash. LONDON, March 24- The pan-European FTSEurofirst 300 index steadied near a recent 7-1/ 2- year high on Tuesday after falling earlier in the session, with forecast-beating economic data from Germany offsetting a poor reading of Chinese factory activity. However, Lufthansa and Airbus were down 4.7 percent and 2.1 percent...

  • Turkey expects new delays in Airbus A400M delivery Monday, 23 Mar 2015 | 7:48 AM ET

    ISTANBUL, March 23- Turkey is preparing for further delays in the delivery of two A400M military transport aircraft it ordered from Airbus Group, according to defence officials in Ankara. After four years of delays in Europe's largest defence project, Turkey received two of the aircraft in 2014 and was due to receive two more this year. Airbus will have to pay a...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • PARIS, March 20- Aircraft leasing company Amedeo may sign up two customers for the Airbus A380 this year, its chief executive told Reuters. Airbus and Amedeo declined comment on specific airlines. For the 20 new jets, it has a co-operation deal with Airbus making Amedeo an "extended marketing operation," Lapidus said.

  • PARIS, March 20- Aircraft leasing company Amedeo may sign up two customers for the Airbus A380 this year, its chief executive told Reuters. Airbus and Amedeo declined comment on specific airlines. For the 20 new jets, it has a co-operation deal with Airbus making Amedeo an "extended marketing operation," Lapidus said.

  • PARIS, March 20- Talks between Airbus Group and the French government over the financing for a new helicopter have hit an impasse, raising questions about where thousands of assembly and supplier jobs will be located, two people familiar with the matter said. Airbus Group has been in negotiations for months with the French government for a development loan...

  • PARIS, March 19- Zodiac Aerospace issued a profit warning on Thursday after a rise in costs as it tries to stem delays in seat production that have strained relations with planemakers Airbus and Boeing. On Wednesday, industry sources said Airbus and Boeing had stepped up pressure on Zodiac over persistent delays in the delivery of aircraft seats.

  • DUBAI, March 19- Abu Dhabi's state-owned Etihad Airways has signed a rare financing deal that will cover the entire cost of an aircraft, it said on Thursday, with Korean investors backing its second Airbus A380 superjumbo valued at a list price of $428 million. The way Etihad finances its fleet and expansion plans is under heightened scrutiny after carriers in...

  • PARIS/ SEATTLE, March 18- Planemakers Airbus and Boeing have stepped up pressure on French supplier Zodiac Aerospace over persistent delays in the delivery of aircraft seats that are disrupting jetliner assembly, industry sources said. Paris- based Zodiac has been wrestling for months with missed deadlines for seat production, which it blames on its...

  • LANGKAWI, Malaysia, March 17- A new privately held Malaysian airline intends to buy 20 Bombardier Inc CS100 aircraft for $1.5 billion, in what could be the Canadian planemaker's first order in Southeast Asia for its long-delayed CSeries passenger jet program. The airline, called flymojo, could also buy 20 more aircraft, which would raise the value of the deal to...

  • Dubai- based Emirates Airline will present its response this week in Washington to a dossier compiled by a group of U.S. airlines alleging that Emirates, Etihad Airways and Qatar Airways had received more than $40 billion in state subsidies, giving them an unfair advantage. Delta Air Lines Inc, United and American Airlines have asked the White House to look into...

  • SEATTLE, March 15- Boeing Co is well-positioned to hit record production targets for its popular 737 jetliner by 2018, having learned from past mistakes, the head of its industrial system told Reuters. "To the extent that we could accommodate uncertainty and risk, or reduce risk, we are much better postured today than when we have tried this in the past," said Pat...

  • LONDON, March 13- The euro's slide towards parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share. Other companies predicting a tail wind from the around 20 percent drop in the value of the euro over the past six months to $1.06 on Friday include jet...