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Airbus Group NV

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  • *Airbus not ready to decide whether to upgrade the A380. *Airbus, Rolls-Royce may seek European loans for project. PARIS, April 24- Europe's Airbus pledged on Friday to boost sales of its A380 superjumbo, as the world's largest passenger jet prepares to celebrate a bitter-sweet 10- year anniversary in the skies having booked no new airline orders since 2013..

  • FRANKFURT, April 23- Airbus has started approaching potential buyers for electronics and other assets it wants to sell to focus its defence division on warplanes, missiles, launchers and satellites, three sources familiar with the matter said. Europe's defence industry is struggling as cash-strapped governments cut military spending, and the asset sales...

  • *Warren East to replace John Rishton in July. LONDON, April 22- Aircraft engine maker Rolls-Royce has turned to one of Britain's most successful technology executives, Warren East, to restore its fortunes after a year marred by falling profit, job cuts and cancelled orders. The British company's surprise announcement on Wednesday said that John Rishton would...

  • PARIS, April 22- Safran pledged to meet performance targets on its latest jet engine as it unveiled a higher-than-expected 14 percent jump in first-quarter sales on Wednesday. Safran said its widely watched civil aftermarket grew 17.8 percent in dollar terms, driven by first overhauls of recent CFM56 engines as well as GE's GE90, in which Safran has a stake.

  • *France says Poland to have key industrial role. WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and provisionally selected French Airbus helicopters as it speeds up the modernisation of its military amid tensions with Russia. Poland, a NATO member since 1999, had accelerated the process to select a...

  • WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and chose Europe's Airbus utility helicopters for further tests, albeit reducing the size of this potential order. "The government has accepted Defence Minister Tomasz Siemoniak's recommendation on awarding the order of Patriot sets... to the government of...

  • *Gazeta Wyborcza daily reports Raytheon won $5 bln tender. WARSAW, April 21- Poland looks set to award a total of $8 billion in military contracts to Raytheon of the United States and Europe's Airbus, local media and industry sources said on Tuesday, striking a transatlantic balance as it faces rising tensions with Russia. And in what seems likely to be its biggest...

  • PARIS, April 17- Airbus sees continued strength in the aircraft market and may be able to increase production of its most popular jets beyond their planned rates if that trend continues, the head of the European planemaker said on Friday. Fabrice Bregier, chief executive of the plane making unit of Airbus Group, said he believed Airbus would eventually recapture...

  • LONDON, April 17- Rolls-Royce has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai's Emirates airline, the largest order in its history and giving it a boost after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

  • LONDON, April 17- Emirates president Tim Clark said on Friday the airline is still waiting for a decision from Airbus over whether the planemaker will proceed with a revamp of the A380 superjumbo. Emirates, which is the leading buyer of the existing A380 jet with 140 orders, has said it would look at placing an order for up to 200 of the so-called A380neo jets should...

  • BERLIN, April 16- Airlines are packing ever more seats into economy class to protect profit margins from falling ticket prices, prompting concerns over health and safety from travellers and crew. "If you're a dog, you have very specific rules, but if you're a human being there are no specific rules as to what is humane," Charlie Leocha, the head of consumer group...

  • Seattle/ Paris April 16- The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway. Sales forces at Airbus Group NV and Boeing Co are fighting for potential orders plane by plane as they seek to keep production going beyond the end of the decade, said other aviation market sources. Airbus has said it is also considering a...

  • Airbus plans exceptional 10 pct buyback, new legal status Wednesday, 15 Apr 2015 | 5:23 PM ET

    PARIS, April 15- Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday. Airbus is also pressing ahead with previously announced plans to adopt " European Company" status. Holding company Airbus Group N.V. would be renamed Airbus Group SE and...

  • Use airplane Wi-Fi? Why it may not be secure Wednesday, 15 Apr 2015 | 5:01 PM ET
    An employee demonstrates wireless Internet capabilities on a screen in the first-class cabin aboard an American Airlines airliner at Hong Kong International Airport.

    Hackers may be able to access plane controls in some commercial jets, but it may not pose an imminent threat, experts told CNBC.

  • PARIS/ BERLIN, April 8- Airbus plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday. It also plans to redefine the capacity of its wide-body jets to add premium economy to the traditional economy and business...

  • Lapsed tenders hurt Modi's defense industry push Tuesday, 7 Apr 2015 | 8:12 PM ET
    India's Prime Minister, Narendra Modi.

    Indian firms have spurned $15B in tenders to make weapons since 2013, a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms.

  • *Modi tired of India being world's biggest arms importer. NEW DELHI, April 8- Indian firms have spurned some $15 billion worth of government tenders to make a range of weapons since 2013, Defense Ministry officials say, in a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms. Irked by India's status as the world's biggest arms...

  • PARIS, April 7- U.S. planemaker Boeing beat its European rival Airbus in net new airplane orders and deliveries in the first quarter, according to figures released on Tuesday. Airbus said it had booked gross orders of 121 aircraft between January and March, beating Boeing's total of 116.. In the first quarter, the bulk of Airbus's new business fell in March when Air...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The IAM also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The union also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...