Airbus transport customers fail to agree on troubled order
Berlin - The seven nations that ordered A400M military transport aircraft failed to reach any joint decision Thursday at talks in Berlin on the future of the Airbus plane, which has become a design nightmare. Defence departmental heads are to return ...
[Posted on :
] Category : [
Business ]
|
|
|
Airbus with cracked windshield makes emergency in Canada
New York/Toronto - An Airbus carrying 255 passengers was forced to make an emergency landing Tuesday in Newfoundland as a result of cracked windshield, media reports said. The airplane had been cruising over the Atlantic while en route from Toronto t...
[Posted on :
] Category : [
US (World) ]
|
South Africa cancels eight Airbus military planes - Summary
Paris/Johannesburg - The government of South Africa on Thursday announced it was pulling out of an eight-plane Airbus military deal because of escalating costs and delivery delays. Defence Minister Lindiwe Sisulu said South Africa pulled out of the c...
[Posted on :
] Category : [
Business ]
|
Airbus sued over Air France crash in Brazil
Washington - The families of eight victims of Air France's crash over Brazil in June have sued European planemaker Airbus for damages, their lawyer said Tuesday. The wrongful death lawsuit was filed in an Illinois state civil court on Monday, attor...
[Posted on :
] Category : [
Business ]
|
|
|
|
|
Airbus may forced to cut back production, board chief says
Hamburg - European planemaker Airbus may be forced to make further production cutbacks because of the weak financial state of some airlines, board chairman Thomas Enders said. Next year production would more likely be reduced than increased, Enders s...
[Posted on :
] Category : [
Business ]
|
EADS post 77 percent drop in third quarter profits
Munich - Aviation giant EADS posted a 77-per-cent-drop in third-quarter core profits, blaming a declining dollar as hitting profits for the Airbus aircraft manufacturer. Earnings before interest and tax (EBIT) fell to 201 million euros (301 million d...
[Posted on :
] Category : [
Business ]
|
|
|
EADS insider trading case comes before French market regulator
Paris - The most high-profile cases of insider trading in Europe of recent years entered a crucial phase Monday when 17 current and former executives of aerospace giant EADS and its subsidiary Airbus began testifying before a French market watchdog. ...
[Posted on :
] Category : [
Business ]
|