February 21, 2020 8:14 am
Earlier in February, Airbus raised its stake in the A220 program - known as Airbus Canada - to 75% from 50.1% after teaming up with the government of the Canadian province of Quebec to buy Bombardier's 33.5% stake.
February 04, 2020 10:33 am
Airbus agreed on Friday to pay a record $4 billion in fines after reaching a plea bargain with prosecutors in Britain, France and United States over alleged bribery and corruption stretching back at least 15 years.
January 29, 2020 9:43 am
The deal, believed by anti-corruption experts to be the largest ever in a bribery case, ends an almost four-year crisis that led to a sweeping management overhaul and delayed plans to redeploy the plane giant's cash surplus.
December 26, 2019 10:43 am
The Wadia group-owned airline cancelled as many as 40 flights this week on account of shortage of staff and inclement weather, among others issues.
December 02, 2019 12:21 pm
More than a dozen Airbus employees have been fired over suspected internal spying on German army projects. According to media reports, the employees obtained secret files from the German army.
November 26, 2019 2:07 pm
For every addition to its fleet, IndiGo must ground an A320neo plane that hasn’t had its Pratt & Whitney engines modified, the Directorate General of Civil Aviation said following a series of problems on the carrier’s jets, including in-flight shutdowns.
November 17, 2019 8:27 am
The company is working with partners including engine manufacturers and startups to build more fuel-efficient engines, explore hybrids and alternative fuels, and to improve aerodynamics, Airbus CEO said.
September 13, 2019 8:56 am
Airbus also plans to offer airlines the option of cameras at each lavatory (on the outside, mind you) to count how many passengers are waiting, a feature which may help flight attendants redirect some of that traffic on larger jets.
August 14, 2019 8:41 am
Boeing airliner delivers tumble again in July due to grounding of its Max jet after two deadly crashes.
June 09, 2019 9:51 am
With the proposed A321XLR, Airbus is seeking to steal customers from a distracted Boeing after executives postponed a decision on an all-new model for middle-distance routes while they deal with the Max crisis.