French planemaker Airbus has confirmed its intention of cutting the assembly rate of its A380 superjumbo
Airbus focuses on more hub-and-spoke aircraft models, while Boeing is more targeted with point-to-point models, says Frost & Sullivan's Subhranshu Sekh Das.
European stocks leaped to close higher on Thursday as global investors reacted to the Fed's decision to hold interest rates steady.
Airbus became the first airplane manufacturer to get U.S. government permission to sell aircraft to Iran after last year's nuclear accord.
The move marks a further blow for Airbus Group as the manufacturer seeks to bolster new sales of the world's largest passenger plane.
The "Squawk Box" crew discuss some of the morning's most provocative headlines including Apple's new "bug bounty" program, Google's new plans for parking in its mapping application and House Speaker Paul Ryan saying that there's no point in a vote on the Trans-Pacific Partnership.
European stocks closed slightly higher Wednesday ahead of the latest monetary policy decision from the U.S. Federal Reserve.
European stocks closed largely lower on Friday, following a terror attack in France that killed at least 84 people.
European stocks closed mostly lower on Wednesday as equity markets struggled to hold gains, despite hopes of further monetary easing around the world.
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.
Qatar Airways is "seriously" talking to Boeing about buying a "large number" of its 737 Max aircraft, just weeks after it canceled its first order for Airbus's rival plane.
European stocks finished with strong gains on Monday after the S&P 500 index posted an all-time record high shortly after Wall Street opened.
Virgin Atlantic signed a deal to buy 12 Airbus A350-1000 aircraft as part of a $4.4 billion order which will help the British-based airline modernize its fleet.
Airbus is set to announce a key order for 8-10 of its biggest twin-engined model, from Virgin Atlantic after beating Boeing to a scarce order for big jets.
Outgoing U.K. Prime Minister David Cameron and other ministers are set to take the inaugural flight on Britain's equivalent to Air Force One.
The world’s largest passenger plane, the Airbus A380, is offering to reconfigure its economy cabin layout to squeeze in more passengers.
Why Hexcel will grow as Boeing and Airbus ramp up production of planes using composite materials.
European stocks dropped sharply by Friday's close after investors learned that the U.S. had only added 38,000 jobs in May, well below what Wall Street expected.
European markets closed higher on Monday after hints from the U.S. Federal Reserve's Janet Yellen and James Bullard about when the Fed might next raise interest rates.
Search-and-rescue teams from Greece and Egypt are entering a second day of operations in the Mediterranean.