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.
Aviation giant Airbus is to cut 3700 jobs in Europe. The company has been struggling to find buyers for the world’s largest passenger jet, the A380 and the A400M military transporter.
The aerospace giant plans to cut more than three thousand jobs as it aims to scale back production of its troubled A380 superjumbo and A400M military transporter — Europe's biggest civil and military plane projects.
A French magazine says Airbus plans to shed some 3,600 jobs. But the planemaker says workforce reductions would be a worst-case scenario.
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This Monday, Eutelsat, Airbus and ESA presented the new Quantum satellite in Portsmouth, UK. A communications satellite of the latest generation, it is much more versatile than anything that came before.
The Airbus new A321 Neo-LR can carry 240 passengers across the Atlantic or from Kuala Lumpur to Japan. The single aisle plane is a third cheaper than a wide-body long haul jet as well.
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The 2017 financial result of Airbus has beaten market expectations as the European aerospace giant reported stronger earnings on rising deliveries. But charges on some of its problem aircraft tarnished the performance.
The European aircraft manufacturer has never faced as much upheaval as it does today. At Airbus' headquarters in Toulouse, there is much uncertainty, but many also see opportunities. DW's Andreas Spaeth reports.
German prosecutors have ordered Airbus to pay €81 million to settle an investigation into alleged corruption. The long-running probe concerns the firm's multi-billion euro sale of Eurofighter jets to Austria.
A Frankfurt music festival turned an astronaut training plane into a zero-gravity nightclub. Some 30 partygoers got to dance on the ceiling during the four-hour roller-coaster ride in the sky.
Having more than doubled in value over the last year, shares in Boeing are a standout in a strong market. Continued demand for new planes has created long backlogs which are expected to keep growth steady.
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Its fate appeared to be sealed, but the A380 will stay in production after a last-minute order from a major airline.
Emirates Airlines has come to the rescue of Airbus in saving the latter's A380 superjumbo program by placing firm orders for 20 more such aircraft. DW's Christoph Kober says the deal has far-reaching consequences.
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