Airbus was formed out of a consolidation of several European defense and aerospace companies.
The firm, based in Toulouse, France, produces several popular passenger and military aircraft, including the world's largest jetliner, the A380.
Austria's Defense Ministry accuses the European aerospace giant of willful deception and fraud linked to a multi-billion-euro order for Eurofighter jets, following a probe that allegedly unveiled massive corruption.
German Defense Minister Ursula von der Leyen's visit to Lithuania was going according to plan until her Airbus A400M broke down on the tarmac. The incident is the latest blow to a costly and delayed Airbus project.
The first of 100 Airbus planes bought by Tehran after sanctions were lifted by the West has arrived in Iran. Despite billions worth of contracts, opposition remains to the controversial deal that opened trade ties.
European plane maker Airbus has logged a new delivery record for its commercial aircraft segment - not enough, though, to beat US rival Boeing. Airbus said it stood ready to ramp up its production in the future.
Airbus signed a contract to sell 100 aircraft to Iran Air nearly one year after sanctions against Iran were lifted. The deal comes after Iran bought 80 planes from Airbus rival Boeing.
Belgrade appears eager to enhance its military relationship with Moscow, even though it is also seeking EU membership. For Moscow's part, Russia also appears eager to deepen its relationsip with a long-time ally.
A flight from the US to Germany made an emergency landing in New York after the German airline Lufthansa received a threatening phone call. Authorities evacuated the Airbus A380 which was carrying more than 500 people.
Iran says it's buying 80 Boeing planes in its first such deal for its national carrier since the 1979 Islamic revolution. Washington eased sanctions in January under a nuclear deal condemned by President-elect Trump.
The World Trade Organization (WTO) has ruled that a tax break from Washington state to help Boeing develop its new 777X jetliner was a prohibited subsidy - a victory for Airbus and EU regulators.
The Obama administration has approved the sale of 106 Airbus planes to Iran. But the move rests on precarious ground as US President-elect Donald Trump is likely to overturn it when he takes charge in January.
Chinese and Russian aircraft corporations have provided more details on their plan to develop a long-haul wide-bodied jet. The move came as the two nations seek to challenge Western rivals Boeing and Airbus.
China is expected to overtake the United States as the world’s largest aviation market in the next decade. The race to get ahead is fierce in an industry where only the sky is the limit.
The European aerospace group has reported a sharp fall in quarterly earnings on the back of problems in its supply chain which led to fewer-than-expected deliveries. A boost to production is needed to meet 2016 targets.
Airbus has delivered its 10,000th plane - something that few imagined as the first one entered service over 40 years ago. The company has gone from awkward European collaboration to market leader.
The European Union has decided to put up a fight over a WTO ruling that said plane maker Airbus had received illegal subsidies from several member states, thus putting US rival Boeing at a disadvantage.
French aircraft maker Airbus has attacked the Polish government for its handling of a failed helicopter deal. The row has caused a rise in diplomatic tensions between Paris and Warsaw.
© 2017 Deutsche Welle |
Legal notice |