Airbus in talks with Delta over additional order July 13, 2022 Airbus is in talks with US airline Delta to add a dozen more A220 planes to an initial order for 95. The deal could be completed during next week’s Farnborough Airshow, even though the US carrier is still waiting for the delivery of 39 A220s, sources told Reuters. Delta – who sent shares tumbling today [...]
EU aviation regulator backs Airbus in A350 surface damage dispute June 15, 2022 EU aviation regulator EASA has backed Airbus in its legal dispute against Qatar Airways over surface damages present on the A350 fleet. EASA has argued that paint problems on the aircraft was an aesthetic defect that couldn’t lead to safety issues, despite claims by Qatar that the damage was a hazard as it left the [...]
Qatar v Airbus: Airline ready to see dispute go to trial May 31, 2022 Qatar Airways has announced it is ready to see the legal dispute against Airbus go to trial after a UK judge granted the airline speedy proceedings. The trial could start from June next year and last throughout the summer. “Qatar Airways is ready to see this matter through to trial to ensure that its rights [...]
Qatar Airways v Airbus $1bn corporate divorce: UK judge grants airline speedy trial May 26, 2022 A UK judge has granted Qatar Airways a speedy trial against plane manufacturer Airbus in what is the latest round of the $1bn corporate divorce saga. “I am in absolutely no doubt that this case should be tried as soon as is practically possible,” Judge David Walksman said. He added that the trial could start [...]
British Airways owner IAG predicts bounce back to profitability on return of global travel May 6, 2022 British Airways owner International Airlines Group (IAG) today said it believes the easing of global restrictions and the return of global travel will see it bounce back to profitability. The firm – formed through the merger of Iberia and British Airways in 2011 – said its Q1 2022 passenger numbers were 65 per cent those [...]
Airbus could face jet delays after EU regulator mulls over design changes May 4, 2022 Airbus’s launch of its upgraded A321XLR model could face delays after the EU regulator is considering design changes. According to Reuters industry sources, the launch was postponed from late 2023 to sometimes in 2024 after the EU Aviation Safety Agency (EASA) considered making changes to the aircraft’s lower fuselage design. Changes to the design of [...]
China’s lockdowns exacerbate supply chain issues, says Airbus boss April 28, 2022 China’s recent lockdowns have exacerbated ongoing supply chain issues, according to Airbus’s chief executive Guillaume Faury. “The whole worldwide supply chain is complicated at the moment,” he told journalists today. Faury said that, even though lockdown-induced problems with raw materials continue to increase market pressures, the company will remain committed to raise production of A320 aircraft [...]
UK judge rules against Qatar Airways in latest episode of $600m corporate divorce saga April 26, 2022 A UK judge ruled today against Qatar Airways, in the latest episode of a bigger divorce battle between the airline and Airbus. London’s High Court denied a request by the Doha-based carrier to force Airbus to keep building A321neo jets, after plane maker slashed Qatar Airways’ order for 50 planes in January. The Toulouse-based plane [...]
The Airbus v Qatar Airways’ feud: All you need to know about the $1bn corporate divorce saga April 23, 2022 The latest chapter in the Airbus v Qatar Airways’ saga took place earlier this month when the corporate divorce battle reached judges in the UK. Qatar Airways and Airbus faced each other in a London court on 7 April, for the first since the airline filed a $1bn lawsuit after it was forced to ground [...]
Sunday Spotlight: Airbus is winning the battle for the skies from beleaguered Boeing April 10, 2022 The recent challenges around safety concerns and the impact of the coronavirus pandemic have resulted in American aircraft manufacturer Boeing losing ground to Airbus. Although both companies control a significant market share, Toulouse-based Airbus has extended its dominance over the last five years. According to data compiled and calculated by Finbold, shared with City A.M. this [...]