A passenger on an airline was shot with a stun gun and removed from the flight Thursday after he became abusive following a dispute, NBC reports.» Read More
PHOENIX, March 11- Aircraft leasing companies are encouraging Boeing to build a jet to replace its discontinued 757, but stress the priority of all planemakers must be to deliver on existing orders for bread-and-butter models after a series of delays. Steven Udvar-Hazy, chief executive officer of Air Lease Corp and widely seen as one of the industry's most...
NEW YORK, March 10- Boeing Co said on Tuesday that high-density packages of lithium batteries like those used in cell phones and laptops pose fire risks and should not be carried on passenger planes until safer methods for carrying them are developed. Boeing is part of an industry group including other plane makers such as Bombardier Inc and Airbus Group NV, that...
PHOENIX, March 10- Airbus could commit to a new production increase for its A320 jet family before the end of the year, but a final decision depends on its top management and the health of the supply chain, its sales chief said on Monday. "Some time before the end of the year I think it is possible, subject to the executive committee of Airbus and the board of Airbus Group,"...
PHOENIX, March 10- Airbus could commit to a new increase in production of its A320 jet family before the end of the year, but a final decision depends on its top management and the health of the supply chain, its sales chief said on Monday. Sales chief John Leahy made the prediction days after the European planemaker announced plans to raise production from 42 planes...
PHOENIX, March 9- Boeing Co pledged on Monday to improve the efficiency and seating capacity of its 777 jetliner to shore up production of its most profitable airliner as it switches to a newer model. "This combination of improvement in fuel efficiency and more seats will yield about a 5 percent improvement in efficiency per seat," he told the International...
BERLIN, March 5- Emirates has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday. Its first 90 A380 aircraft are supplied with engines from Engine Alliance, a joint venture between General Electric and Pratt& Whitney.
European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.
Europe's Airbus Group took a charge of 551 million euros ($618 million) due to latest delays on the A400M military transporter.
The captain of the AirAsia jet that crashed into the sea in December was out of his seat conducting an unorthodox procedure when his co-pilot apparently lost control.
French aircraft manufacturer Airbus has pushed for new safety measures regarding the ejection of black boxes from airplanes in case of emergency.
As it continues to shift its business model, Alcoa delivered fourth-quarter earnings and revenue that topped analysts' expectations.
Boeing delivered 723 jetliners in 2014, hitting its own target, setting an industry record and besting rival Airbus Group.
The bulk of the missing AirAsia jet may be on the floor of the Java Sea, which could indicate the aircraft hit the sea bed intact.
Fabrice Brégier, President and CEO of Airbus, has told CNBC his company would take the bragging rights on aircraft deliveries.
European shares closed lower on Wednesday, continuing its declining trend as Greek political fears and slumping oil prices weigh.
Qatar Airways announces the delivery of Airbus' brand new A350 aircraft, scheduled for early next week, has been put on hold.
Airbus is hoping to patent a new plane that looks more like a doughnut or flying saucer than the usual passenger plane.
Airbus Group reported a 12 percent rise in nine-month underlying operating profit, and reaffirmed its profit forecasts for the year.
Rolls-Royce warned that it would not return to growth next year, as economic conditions have deteriorated.
A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group got under way on Friday.