Airbus decided April 8 to cut commercial aircraft production by roughly one third across the board as it deals with the fall-out of the coronavirus crisis.
Airbus decided April 6 to suspend production and aircraft at some of its facilities, most importantly the A220 and A320 final assembly line in Mobile, Alabama.
Airbus is faced with an avalanche of requests for delivery deferrals and is preparing for substantial production cuts as many of its customers struggle with the impact of COVID-19 coronavirus on air transport.
Airbus has to prepare for a massive, multi-year downturn that will see it get back to previous production volumes only after 2027, analysts at Agency Partners forecast.
The COVID-19 outbreak and the disruption it is causing to international travel could hit industry-wide orders for long-haul aircraft, Airbus CEO Guillaume Faury told a Mar. 4 hearing of the French senate’s economic affairs committee.
Grappling with sliding profits and slowing demand due to the COVID-19 coronavirus outbreak, Air New Zealand will now take delivery of a number of aircraft later than planned.
Routes Europe, the route development forum for Europe, will this April gather senior decision-makers in Bergen, Norway, to discuss some of the most pressing issues facing the aviation industry.
Airbus needs another 18 months or so to catch up with A320neo family deliveries and aims to produce 65-67 per month from 2023, up from 63 in 2021, company CEO Guillaume Faury said.
LYON, France—The €3.6 billion ($4 billion) final agreements Airbus has reached with French, UK and U.S. authorities to resolve a corruption case, although colossal, is in fact a satisfactory outcome for the company.
Airbus has reached an “agreement in principle” with France’s financial prosecutor (Parquet National Financier or PNF), the UK Serious Fraud Office (SFO) and U.S. authorities, the company confirmed Jan. 28.
Britain’s Military Flying Training System is to take delivery of four more Airbus H145 Jupiter helicopters to support an upgrade in pilot training requirements.
During the next 10 years, manufacturers are expected to deliver nearly 7,500 new production helicopters worth $36.9 billion at retail prices, according to the 2020 Helicopter Fleet & MRO Forecast by the Aviation Week Network.
Airbus will build another final assembly line for the A321neo in Toulouse, a consequence of high demand for the aircraft and serious production problems at its Hamburg site.
Turkish Aerospace has rolled out the third prototype of its T625 Gokbey twin-engine medium helo as it begins to accelerate the aircraft’s flight-test program.
