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Airbus Group NV

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  • PARIS, Feb 25- The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. He was responding to allegations of trade-distorting Gulf subsidies made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.

  • PARIS, Feb 25- Airbus Group may take up to 500 million euros in charges for the latest delays to its A400M military transport plane when it reports 2014 earnings on Friday, analysts said. While Airbus has promised to give a financial update on the project with its annual earnings, it is likely to take longer to establish a definite new timetable for deliveries.

  • PARIS, Feb 24- European planemaker Airbus is talking to suppliers about the possibility of raising production of its A320 family of aircraft to 50 jets a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • PARIS, Feb 24- European planemaker Airbus is talking to suppliers about the possibility of raising production of its popular A320 family to 50 jets a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • PARIS, Feb 24- European planemaker Airbus is discussing with suppliers the possibility of raising production of its popular A320 family of jets to 50 a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • LONDON, Feb 24- British aircraft parts supplier Meggitt maintained its outlook for this year and said it was comfortable with medium-term guidance after reporting an expected 13 percent fall in annual profit following a tough 2014.. For 2015, Meggitt forecast organic revenue growth in the low to mid-single digit percentage points, in line with what it said in...

  • "We have studied the current environment surrounding Skymark and have determined not to participate in that airline's restructuring needs at this time," American spokesman Josh Freed said in an email. Nikkei Asian Review reported earlier that American intended to send executives to Japan to discuss investment in Skymark, and that a tie-up interested Delta,...

  • *UAE signs $1 bln satellite contract with Airbus, Thales. *UAE spends 9.5 bln dirhams on defense contracts at IDEX. ABU DHABI, Feb 23- The United Arab Emirates is still in talks with both BAE Systems and Dassault Aviation over the possible multi-billion-dollar purchase of fighter jets, a spokesman for a major UAE defense organization said on Monday.

  • *Europe losing market share in India to U.S., Russia. Europe's share of defence sales to India, the world's top arms importer, slid to less than 4 percent in 2013 from more than a fifth in 2005, data from think tank Stockholm International Peace Research Institute showed. But India has stipulated that for winning defence deals, foreign firms give domestic companies...

  • Feb 18- Boeing Co will keep returning significant cash to shareholders and will not cut production of wide-body 777 jetliners as it shifts to a new version later this decade, Chief Executive Officer Jim McNerney said on Wednesday. His remarks suggested that Boeing believes it can generate cash by delivering already-sold aircraft while winning new sales.

  • BENGALURU, INDIA, Feb 18- India's prime minister has asked global defence contractors to transfer more technology to the country as part of the lucrative deals that they win to modernise its armed forces. The country's offsets policy, which requires contractors to invest a percentage of the value of the deal in India, will be tweaked to encourage more technology...

  • WASHINGTON, Feb 12- The U.S. unit of Europe's Airbus Group was awarded a contract worth $221 million to build 41 more UH-72A Lakota light utility helicopters for the U.S. Army, the Pentagon said in its daily digest of major contracts on Thursday. The contract, which runs through July 31, 2017, marks a modification of Airbus's existing Army contract, and covers...

  • Stelia Aerospace considering U.S. production facility Thursday, 12 Feb 2015 | 4:46 PM ET

    SEATTLE, Feb 12- Stelia Aerospace, a large maker of commercial aircraft structures and components, is considering putting a production facility in the United States to be closer to customers and increase its purchases in dollars, a senior executive said on Thursday. Stelia, formed last month from the merger of Airbus subsidiaries Aerolia and Sogerma, is...

  • BRUSSELS, Feb 12- French President Francois Hollande said Egypt would order 24 Rafale fighter jets, a naval frigate and related military equipment in a deal to be signed in Cairo on Monday worth more than 5 billion euros. The contract would make Egypt, aiming to upgrade its military hardware amid fears the crisis in neighbouring Libya could spill over, the first...

  • PARIS, Feb 12- France and Egypt have agreed a deal worth more than 5 billion euros for the sale of Dassault Aviation- built Rafale fighter jets, a naval frigate and missiles, a French source close to the matter said on Thursday. The deal would make Egypt, which has been looking to upgrade its military hardware over fears the crisis in neighbouring Libya could spill...

  • MUNICH, Feb 12- Strong global demand for new passenger jets and a firmer U.S. dollar should help German aircraft engine maker MTU Aero Engines beat analysts' average sales and profit forecasts this year, it said on Thursday. Its two biggest customers, Airbus and Boeing, are riding a wave of orders for new fuel-efficient passenger jets, boosting business for...

  • SEATTLE, Feb 11- Boeing Co said on Wednesday it is not studying resurrecting its out-of-production 757 jetliner with new engines to plug a gap in its jetliner lineup between its largest single-aisle plane and its smallest widebody models. Boeing has studied resuming production of the single-aisle 757 "a couple of times," Randy Tinseth, vice president of...

  • *Cairo fears spillover from Libya conflict. PARIS, Feb 10- France is close to selling Dassault Aviation- built Rafale fighter jets to Egypt, sources close to the matter said on Tuesday, as Cairo looks to upgrade its military hardware over fears the crisis in neighbouring Libya could spill over. France and Egypt have been negotiating since a November state visit by...

  • BlackBerry names new chief security officer Tuesday, 10 Feb 2015 | 10:09 AM ET

    TORONTO, Feb 10- BlackBerry Ltd named David Kleidermacher as its chief security officer on Tuesday, moving to further bolster the smartphone maker's credentials with security-conscious clients, including big players in the defense, automotive and healthcare sectors. Green Hills' technologies power systems as diverse as medical devices and aircraft made...

  • Feb 5- Airbus reported a roughly $11 billion preliminary order from Colombian airline group Avianca Holdings on Thursday, gaining a head start in its 2015 order race with U.S. rival Boeing subject to a final confirmation of the deal. The memorandum of understanding for 100 A320neo-family jets is worth $10.6 billion at list prices based on the main model of the...