Rolls-Royce warned that it would not return to growth next year, as economic conditions have deteriorated.» Read More
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With its cost-effective technology, Space X is disrupting an industry that promises to be the biggest innovation economy in human history.
PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to pool their efforts on space launchers, taking the first step towards what could become a unified European company to prevent the Ariane space rocket being eclipsed by U.S. low-cost rival SpaceX.
TORONTO, June 16- Canada's Bombardier Inc said on Monday that it has laid off more than 100 staff and let go 110 contract workers in the United States and Mexico due to delays in the flight test program for its all-new Learjet 85 business jet.
PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to combine work on space launchers, accelerating efforts to fend off a growing threat to Europe's Ariane space rocket from U.S. low-cost rival SpaceX. Airbus and Safran shares were both up around 0.4 percent, while the CAC40 index was down 0.2 percent.
PARIS, June 16- Airbus Group and Safran said on Monday they had agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems, to help to compete with new low-cost rivals.
*Airbus, Safran set to form jv in space launchers- sources. PARIS, June 15- Airbus Group and Safran are set to boost co-operation with a joint venture in space launchers, aiming to galvanize Europe's competitive response to U.S. low-cost rival SpaceX, people familiar with the matter said.
PARIS, June 15- Airbus Group and Safran look set to boost co-operation in the space launch industry with a joint venture, accelerating Europe's response to competition from U.S. low-cost rival SpaceX, people familiar with the matter said. Airbus Group and Safran declined comment.
PARIS, June 13- Europe's Airbus plans to increase the seating capacity on its most popular single-aisle jet, the medium-haul A320 models, stepping up competition with U.S. rival Boeing in the largest slice of the global jet market.
Ratings agency Moody's said Emirates' cancellation of an order for 70 A350 planes from Airbus was "credit negative" for the European planemaker.
A spokeswoman for Airbus declined to comment. Qatar Chief Executive Akbar Al Baker told Reuters he had asked Airbus to address "issues with the interior of the cabin", after a pre-delivery customer inspection. Airbus sales chief John Leahy said on Wednesday that Qatar would receive its first A380 "in the next couple of weeks".
NEW YORK/ TOULOUSE, June 12- Europe's Airbus mounted a transatlantic charm offensive on Thursday to boost sales of the world's biggest jetliner, the A380, and shine the spotlight on its brand-new A350- a day after its shares were hit by a record order cancellation.
NEW YORK, June 12- Airbus, Emirates airline and aircraft leasing company Amedeo teamed up on Thursday in a charm offensive to sell U.S. airlines on the world's biggest jetliner, the Airbus A380.
Five Japanese companies will build fuselage sections, bulkheads, landing gear and centre wing sections, and other parts for the aircraft that is slated to go into service at the end of the decade, Boeing said in a release on Thursday. The wings will be made by Boeing in the United States.
LONDON, June 11- European equity markets fell on Wednesday as a profit warning from German airline Lufthansa hit travel stocks. Air France KLM fell 6.1 percent, International Consolidated Airlines Group dropped by 3.5 percent and the regional STOXX Europe 600 Travel& Leisure Index fell 1.5 percent, making it the worst-performing equity sector.
Airbus, Rolls-Royce share prices fall. TOULOUSE, June 11- Airbus suffered what could be the jet industry's worst cancellation and a setback to its newest aircraft on Wednesday when Dubai's Emirates scrapped a $16 billion order for the A350, hitting shares in the planemaker and engine firm Rolls-Royce.
WASHINGTON, June 11- Satellite imagery provider DigitalGlobe Inc said the U.S. government had approved its longstanding request to sell higher-resolution images, a move that could unlock $400 million in additional market opportunities for the company.
LONDON, June 11- European equity markets fell on Wednesday as a profit warning from German airline Lufthansa hit travel stocks. Air France KLM fell 6.2 percent, International Consolidated Airlines Group dropped by 5 percent and the regional STOXX Europe 600 Travel& Leisure Index fell 1.8 percent- making it the worst-performing equity sector.
*Airbus, Rolls-Royce share prices fall. TOULOUSE, June 11- Airbus lost a major order on Wednesday when Dubai's Emirates airline cancelled its entire requirement for 70 A350 jets, dealing an unexpected blow to the European planemaker and engine maker Rolls-Royce.
Dubai's Emirates Airline has cancelled an order for 70 Airbus A350 wide-body aircraft.