Europe's Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, to prevent a glut of unsold planes. » Read More
European equities closed sharply lower on Wednesday as oil prices and commodity stocks tumbled, while earnings failed to elevate sentiment.
Airbus isn't expecting the low oil price to hurt its order book, the European aerospace giant's chief executive told CNBC.
Airbus Group CEO Tom Enders says the company is picking up its pace on aircraft deliveries while discussing the company’s latest earnings report.
Airbus Group CEO Tom Enders says the company is receiving a “healthy” demand in aircraft orders, as business comes to terms with a low oil price.
Airbus Group CEO Tom Enders weighs in on the potential merger talks between Honeywell and UTX.
Airbus has filed a patent for adjustable benches that could accommodate anything from a couple of overweight passengers to a slim family of four.
Aerospace giants Honeywell and United Technologies recently discussed a merger, but UTX said it ended the talks on antitrust concerns.
Aircraft manufacturer expects demand for its aircraft will remain strong as long as global growth stays on track.
Fabrice Bregier, CEO of Airbus, says the global economic slowdown is not affecting his company, which received more than 1,000 orders last year.
“Mad Money” host Jim Cramer puts profits center stage.
Jim Cramer uncovers the real reason Boeing lowered its guidance and what this could mean for the entire aerospace sector.
Investment opportunities in Iran are “too big to ignore,” the CEO of a top investment firm told CNBC.
Iran has struck a provisional deal with Airbus to buy eight A-380 superjumbo planes, the deputy transport minister told Reuters on Sunday.
Oil prices slumped to a 2003 low below $28 per barrel as the market anticipated a rise in Iranian exports.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.
Airlines still need to invest in fuel efficiency of their fleets, despite the low price of oil, Airbus' chief operating officer told CNBC on Tuesday.
European stocks closed flat on Thursday in a shortened trading day with thin volumes as the oil price remained choppy.
European equities finished trade mixed to mostly higher on Monday despite a sharp drop in oil prices weighing on investor sentiment.
European markets finished sharply lower on Tuesday after Turkish fighter jets shot down a Russian warplane near the Syrian border.
European equities soared by the close on Tuesday as markets got a confidence boost from fresh European data and corporate earnings.