Airbus' full-year earnings surged in 2015. Its order books have never been so full, but the group says operating profit will stagnate this year as production costs increase.
During a visit by the Chinese president to its production sites in France, Airbus said it had won a major order from China for 140 planes totaling $22.8 billion. Even for big-ticket airplanes it is a massive booking.
US air safety officials want to know why an Air Canada plane nearly landed on four other jets at San Francisco airport. Air traffic control ordered the Airbus to abort and attempt a second landing.
Aviation giants Airbus and Boeing look to beef up their order books at the world's biggest air show amid growing competition from new entrants. But in Paris the star performer is likely to be the F-35 fighter jet.
Iranian carriers Iran Airtour and Zagros Airlines have agreed to purchase a combined 73 planes from Airbus, in a last-minute flurry of deals for the European aviation giant at the Paris Air Show.
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