Babcock and Airbus chiefs call on UK to boost defence spending March 24, 2024 Two of the UK's biggest defence firms have called on the government to spend more on its armed forces amid the "changing face" of warfare.
Airbus forecasts higher A320 deliveries and announces special dividend as Boeing struggles with 737 Max 9 crisis February 15, 2024 Airbus said it expects to deliver 800 of its best-selling narrowbody A320 jets this year amid struggles at rival Boeing.
Labour would host annual investment summit if elected, vows Jonathan Reynolds January 29, 2024 Labour would host an annual business summit to showcase Britain as a global investment destination, if elected into power, Jonathan Reynolds has pledged.
Airbus and Rolls-Royce ink multi-billion pound deal to build planes for Turkish Airlines in the UK December 15, 2023 Airbus and Rolls-Royce have today announced they have been picked by Turkish Airlines to supply the carrier with 220 new aircraft.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
Ryanair boss Michael O’Leary blames Boeing and Airbus delays for ticket fare rises November 6, 2023 Ryanair chief executive Michael O'Leary has blamed delivery delays at Boeing and Airbus for rising air fares across Europe.
UK aviation industry will be grounded unless sustainability ‘gets more government support’ April 17, 2023 The UK aviation industry warned that economic opportunities created by sustainable aviation technology are at risk without targeted support. Sustainable Aviation, a coalition of aviation groups, claimed the UK risked losing an industry which is estimated to support 60,000 jobs and be worth £10bn in gross value added (GVA) benefits by 2050. The group today [...]
Rolls-Royce, Airbus pen deal with Air India for 250 planes in boost for UK manufacturing February 14, 2023 Rolls-Royce and Airbus have signed multi-billion pound deal to build 250 new planes for Air India, which is set to create hundreds of new jobs in the UK. The wings will be designed in Filton and assembled in Broughton, creating 450 manufacturing jobs and bringing in more than than £100m of investment to Wales. Meanwhile, [...]
Airbus struggles to appoint finance chief ahead of CFO Assam’s departure in three weeks February 9, 2023 Airbus is drawing up a stop-gap succession for the role of chief financial officer after struggling to appoint a permanent successor to Dominik Asam, who joins German software group SAP in under three weeks, industry sources said. Barring a rapid breakthrough, the world’s largest plane maker may appoint an interim CFO after Asam steps down at the end of [...]
China’s reopening could spell short-term trouble for Airbus, CEO warns January 10, 2023 Airbus warned today that China’s decision to end its strict zero-Covid strategy and reopen its borders could pose difficulties for the company heading into 2023. “In the short-term, China will create additional difficulties and complexities that we will have to deal with,” chief executive Guillaume Faury told journalists today. The warning comes as the European [...]