airbus
European aerospace company Airbus said its net income for the first quarter rose to €595 million ($638 million) or €0.76 per share from €466 million or €0.59 per share last year. Consolidated EBIT adjusted decreased to €577 million from €773 million last year. Consolidated revenues for the first quarter rose 9% to €12.83 billion from €11.76 billion last year. A total of 142 commercial aircraft were delivered compared to 127 aircraft in the prior year. The deliveries comprise of 12 A220s, 116 A320 Family, 7 A330s and 7 A350s. "We delivered first quarter 2024 results against the backdrop of an o...
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US aircraft manufacturer Boeing is falling further and further behind European market leader Airbus in the face of its crisis. In March, the European manufacturer delivered 63 commercial aircraft, more than twice as many as its US rival, according to press releases issued by both companies on Tuesday. Airbus boss Guillaume Faury still has a long way to go to reach his target of 800 aircraft deliveries this year after only 142 were delivered in the first three months of the year. Boeing, however, is struggling with completely different problems following the near-accident on a 737 Max medium-ha...
DPA Breaking News
US aircraft manufacturer Boeing is falling further and further behind European market leader Airbus in the face of its crisis. In March, the European manufacturer delivered 63 commercial aircraft, more than twice as many as its US rival, according to press releases issued by both companies on Tuesday. Airbus boss Guillaume Faury still has a long way to go to reach his target of 800 aircraft deliveries this year after only 142 were delivered in the first three months of the year. Boeing, however, is struggling with completely different problems following the near-accident on a 737 Max medium-ha...
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US low-cost carrier Spirit Airlines has reached an agreement with European aircraft maker Airbus to defer all aircraft orders scheduled to be delivered in the second quarter of 2025 through the end of 2026 by five years, the airline said Monday. These deferrals do not include the direct-lease aircraft scheduled for delivery in that period, one each in the second and third quarter 2025, respectively. The agreement with Airbus will improve Spirit's liquidity position by approximately $340 million over the next two years, the airline said. There are no changes to the aircraft on order with Airbus...
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European aerospace giant Airbus announced Tuesday that Korean Air has finalized an order for 33 of its long-range A350 jets. The order covers 27 A350-1000s and six A350-900s. Airbus said the A350 offers the longest range of any aircraft and will be able to operate any of Korean Air's current intercontinental routes with a 25% reduction in fuel consumption and carbon emissions compared to previous generation aircraft. The additional range of the A350 will also enable the carrier to evaluate new long haul destinations, the company noted. Jason Yoo, Chief Safety and Operating Officer and EVP at K...
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Airbus Defence and Space said it intends to buy INFODAS, a German company that offers cybersecurity and IT solutions. The European airplane manufacturer said it had entered into a purchasing agreement with the Cologne-based firm that offers public sector solutions for defence and critical infrastructures. Airbus said the acquisition supports its strategic ambition to strengthen cybersecurity portfolio for the benefit of European and global customers. INFODAS has been certified by the Federal Office for Information Security as an IT security service provider in the areas of information system a...
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Airbus announced on Tuesday that it will not enter into a takeover of the data and cybersecurity unit of French IT service provider Atos. "After careful consideration of all aspects of a potential acquisition of Atos' BDS (Big Data and Security) business line, Airbus has decided it will no longer pursue discussions with Atos about this potential transaction," the aircraft manufacturer said. According to earlier information from Atos, Airbus had valued BDS at €1.5 billion ($1.6 billion) to €1.8 billion, including debt. Atos said in a statement that it was "analysing the resulting situation and ...
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European aircraft manufacturing giant Airbus on Thursday announced its Airbus Helicopters division and Air Center Helicopters are entering a five-year contract to support a fleet of 18 H225 helicopters. Air Center Helicopters uses the versatile H225 aircraft to carry out a wide range of missions including search and rescue. The deal provides "tip to tail" replacement coverage of components and is paid at a fixed rate per flight hour. This results in decreased aircraft downtime and more stable maintenance expenses for Air Center Helicopters. Air Center Helicopters was previously supported by Ai...
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Saudi Arabia's The Helicopter Co. (THC) has ordered up to 120 Airbus helicopters and the German helicopter emergency medical services operator DRF Luftrettung placed orders for up to 10 Aribus H145 helicopters, the airline manufacturer said on Wednesday. The companies signed the deals at the HAI Heli-Expo, currently taking place at Anaheim Convention Center in southern California, Airbus said. Airbus' framework agreement with THC, a premier provider of commercial helicopter services and fully owned by the Public Investment Fund, will include up to 120 Airbus helicopters of various types. These...
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European aircraft manufacturing giant Airbus and France's TotalEnergies are forming a strategic partnership for sustainable aviation fuel (SAF), the company announced on Wednesday. The partnership aims to contribute to the reduction of the sector's CO2 emissions, in line with achieving net carbon neutrality of aviation by 2050. Member states of the International Civil Aviation Organization (ICAO) agreed to the target in 2022. The SAF supplied by TotalEnergies can reduce up to 90% of the CO2 emissions compared to their fossil fuel equivalent, Airbus said. The partnership will cover the supply o...
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