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.
China's home-made C919 passenger jet has touched down safely after its first long-distance test flight. It brought the Asian nation one step closer to competing directly with aircraft giants Boeing and Airbus.
Airbus will acquire a majority stake in Canadian firm Bombardier's C Series airliner program. The deal follows the US administration slapping massive duties on Bombardier CS100 and CS300 aircraft imported into the US.
European plane maker Airbus has inaugurated its first completion center in China. Analysts said the facility constituted a fresh asset of the manufacturer in heated competition with American rival Boeing.
A European safety agency has issued a safety warning concerning Airbus's A350-941 passenger planes. A software update is to prevent potential engine explosions caused by hydraulic pump overheating.
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