Iran has finalized an agreement with Airbus (OTCPK:EADSY) to acquire 100 jetliners, the first of which is tentatively expected to be delivered in mid-January. “Although the nominal value of the contract for 118 Airbus planes […]
Airbus is preparing to launch a new restructuring and cost-cutting plan next month to offset expensive delays to aircraft programs and minimize losses on the A380. The restructuring will tighten Airbus (OTCPK:EADSY) CEO Tom Enders’ […]
Three airlines in Vietnam have ordered about $6.5 billion worth of aircraft from Airbus. The country’s only private airline, VietJet Aviation Joint Stock, bought 20 A321s, while state-owned Vietnam Airlines purchased 10 A350s and affiliate […]
Airbus delivered more aircraft in August than for the same period in any previous year, a feat that would improve its chances of meeting 2016 targets after earlier delays in receiving parts. The company’s previous […]
Britain’s Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus (OTCPK:EADSY), escalating a probe that had been simmering for months. The move […]
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