Airbus faces fresh disruption as US tariff award looms September 29, 2019 Trade across the Atlantic faces fresh upheaval this week, with arbiters expected to grant the US a record award allowing it to slap billions of dollars of tariffs on European imports, in a long-running aircraft subsidy dispute. The World Trade Organisation (WTO) has found both European plane maker Airbus and its US rival Boeing received [...]
Hackers ‘tried to steal Airbus secrets’ in targeted cyber attacks September 26, 2019 Airbus has fallen victim to a spate of cyber attacks over the past few months via the computer systems of its suppliers and contractors, according to AFP news agency. The world’s second-largest aerospace group, which is also one of the world’s foremost weapons manufacturers, admitted it “is a target for malicious actors,” but would not [...]
World will have twice as many planes in the skies in 20 years, says Airbus September 18, 2019 The world will have twice as many passenger jets in 2038 as are currently in the skies, Airbus forecast today, as the plane maker raised concerns over a potentially damaging tariff war between the EU and the US. The European plane maker has hiked its forecasts for jet plane demand to 47,680 aircraft by 2038, [...]
Pie in the sky? London urged to plan for flying taxi future September 2, 2019 Airbus will tomorrow urge London authorities to plan for a future in which electric air taxis roam the skies and drones carry cargo a few thousand feet above the city. The aviation juggernaut has already built a prototype air taxi, as have arch rivals Boeing, Uber and several other manufacturers. Airbus will urge city planners [...]
Up in the air: Risks pile on for aerospace industry as 737 Max saga continues August 22, 2019 Risks are mounting for the world’s aerospace industry, amid political tensions and delays to Boeing’s grounded 737 Max jet returning to service, according to ratings agency Moody’s. Read more: Boeing takes $4.9bn hit on 737 Max groundings to compensate airlines The grounding of the best-selling passenger jet in March after two deadly crashes killed 346 [...]
Airbus warns Europe to gear up for a no-deal Brexit July 31, 2019 Airbus has called on European governments to hasten their planning for a no-deal Brexit and bury the hatchet on a long-running subsidy spat with the US. Europe’s biggest plane maker issued a warning this morning about rising trade tensions, overshadowing a strong set of second-quarter profits which pushed Airbus’s share price up 0.4 per cent. [...]