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Airbus Group NV

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  • PARIS, March 20- Talks between Airbus Group and the French government over the financing for a new helicopter have hit an impasse, raising questions about where thousands of assembly and supplier jobs will be located, two people familiar with the matter said. Airbus Group has been in negotiations for months with the French government for a development loan...

  • PARIS, March 19- Zodiac Aerospace issued a profit warning on Thursday after a rise in costs as it tries to stem delays in seat production that have strained relations with planemakers Airbus and Boeing. On Wednesday, industry sources said Airbus and Boeing had stepped up pressure on Zodiac over persistent delays in the delivery of aircraft seats.

  • DUBAI, March 19- Abu Dhabi's state-owned Etihad Airways has signed a rare financing deal that will cover the entire cost of an aircraft, it said on Thursday, with Korean investors backing its second Airbus A380 superjumbo valued at a list price of $428 million. The way Etihad finances its fleet and expansion plans is under heightened scrutiny after carriers in...

  • PARIS/ SEATTLE, March 18- Planemakers Airbus and Boeing have stepped up pressure on French supplier Zodiac Aerospace over persistent delays in the delivery of aircraft seats that are disrupting jetliner assembly, industry sources said. Paris- based Zodiac has been wrestling for months with missed deadlines for seat production, which it blames on its...

  • Puerto Rico's governor, Alejandro García-Padilla, has models from JetBlue, Lufthansa, Avianca and local airline Seaborne in his office. European aircraft manufacturer Airbus took in 1,456 passenger plane orders from 67 airlines around the world last year. It also placed 30,000 of its own orders— for model Airbus jets.

  • LANGKAWI, Malaysia, March 17- A new privately held Malaysian airline intends to buy 20 Bombardier Inc CS100 aircraft for $1.5 billion, in what could be the Canadian planemaker's first order in Southeast Asia for its long-delayed CSeries passenger jet program. The airline, called flymojo, could also buy 20 more aircraft, which would raise the value of the deal to...

  • Dubai- based Emirates Airline will present its response this week in Washington to a dossier compiled by a group of U.S. airlines alleging that Emirates, Etihad Airways and Qatar Airways had received more than $40 billion in state subsidies, giving them an unfair advantage. Delta Air Lines Inc, United and American Airlines have asked the White House to look into...

  • SEATTLE, March 15- Boeing Co is well-positioned to hit record production targets for its popular 737 jetliner by 2018, having learned from past mistakes, the head of its industrial system told Reuters. "To the extent that we could accommodate uncertainty and risk, or reduce risk, we are much better postured today than when we have tried this in the past," said Pat...

  • LONDON, March 13- The euro's slide towards parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share. Other companies predicting a tail wind from the around 20 percent drop in the value of the euro over the past six months to $1.06 on Friday include jet...

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • 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.

  • SINGAPORE, March 2- Malaysia Airlines is re-negotiating contracts, reviewing its fleet and routes, and identifying almost a third of staff to lay off as part of a state-led restructuring programme, owner Khazanah Nasional Bhd said on Monday. The sovereign wealth fund's update on Malaysian Airline System Bhd is the first since it took the carrier private in...

  • *Airbus surges after posting sharp rise in operating profits. LONDON/ PARIS, Feb 27- European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. Shares in Airbus were up 7.2 percent after it posted a rise in operating earnings and...

  • MIRABEL, Quebec, Feb 27- Bombardier Inc launched a test flight of its CS300 jet on Friday, the larger version of its new CSeries narrow-body aircraft, in a milestone for the long-delayed program that analysts and investors say may have missed its moment. The CSeries, Bombardier's largest jet, with up to 160 seats, helps the company push into markets dominated by...

  • Europe shares close to finish higher ahead of QE Friday, 27 Feb 2015 | 11:37 AM ET

    European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.