A legal dispute is brewing between Airbus and Pratt & Whitney. Airbus is calling on its contractual rights to force P&W to deliver the contracted number of Geared Turbofan engines for this year, Group CEO Guillaume Faury confirmed today during…
Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024…
UPDATE – Airbus has ended 2023 with a record-high 2.094 net orders and delivered 735 commercial aircraft, the airframer reported on Thursday evening. This makes 2023 a landmark year, said President and CEO Guillaume Faury. With a sense of understatement,…
UPDATE – Turkish Airlines reportedly is to announce an order anytime soon for up to 345 Airbus aircraft. Turkish aviation website HavaSosyalMedya quoted national media on Saturday that the carrier has reached an agreement in Istanbul with Airbus’ top management.…
Airbus is speeding up the production rate of the A350. On the back of various successful and promising sales campaigns, the rate will go to ten aircraft per month in 2026 from the current six. The airframer said in February…
Following the recent appointment of Christian Scherer as CEO of Airbus Commercial Aircraft, the European airframer has announced further changes to streamline leadership and shift priorities. Guillaume Faury will continue as group CEO, but he will focus on strategy and business…