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Thousands of Airbus planes grounded after faulty software detected

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Markets

Why September tends to spook European equity markets

September is often a tough month for European stocks, with major indices and many top companies typically posting negative returns.

Business

German and French industry united on US aircraft sector tariffs

The German aerospace industry has told Euronews it is aligning with its French counterpart in supporting EU retaliatory measures that target US finished aircraft rather than spare parts, citing the interdependence of transatlantic production lines.

Business

Airbus pledges higher dividends as it confirms financial guidance

The pan-European aerospace firm said it would increase shareholder returns and leave its 2025 financial targets unchanged in an attempt to reassure investors.

Europe News

Paris Air Show opens with 2,400 exhibitors amid Airbus-Boeing rivalry

The Paris Air Show began with 2,400 exhibitors showcasing innovations. The Airbus-Boeing rivalry heats up amid global tensions and the recent Air India crash.

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Europe News

EU/US aircraft trade war imminent, key lawmaker warns

The inclusion of Boeing in the Commission’s draft retaliation proposal has raised concerns among some member states over potential countermeasures from Washington targeting Airbus, according to MEP Bernd Lange, chair of the trade committee at the European Parliament.

Voices from Central Asia

From dream to cockpit: how Temirlan Zhunussov became a pilot

In partnership with MDQ

In this episode of Voices from Central Asia, we meet Temirlan Zhunussov, a First Officer at Air Astana, whose passion for flying took off long before he ever set foot on a plane.

Business

Airbus warns of delivery uncertainties but announces lift in revenue

The European planemaker offered up modest delivery targets but remains financially robust.

Business

Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

More than three-quarters of the planes that Boeing furnished were 737 Max jets, a stark reminder of how integral its best-selling airline model has been to the company's fortunes and challenges.

Business

Airbus remains positive on yearly deliveries despite missing target

The European planemaker delivered 766 jets last year, marginally missing its goal due to supply chain disruptions.

Business

Chinese jet maker ramps up efforts to push Airbus and Boeing out

China’s state-owned aircraft producer, Comac, is already being used by some of the country’s biggest airlines, and has plans to expand further in southeast Asian markets, before eyeing Western markets.

Business

Boeing shares see a fall after jet crash disaster in South Korea

The cause of Sunday's crash in which all 175 passengers and four of the six crew aboard the Jeju Air Boeing 737-800 flight remains under investigation.

Business

Boeing: Federal judge rejects conspiracy case deal over plane crashes

The ruling creates uncertainty around criminal prosecution of the aerospace giant in connection with the development of its bestselling airline plane.

Business

Airbus to cut up to 2,500 jobs in defence and space unit

The European firm is suffering from disrupted supply chains, rapid changes in warfare, and increasing budget constraints.

Business

European defence companies cash in as military budgets increase

European defence companies such as Thales and Rheinmetall have reported soaring orders as military budgets increase. Here's a look at some of the firms set to profit from the geopolitical uncertainty.

Mobility

Farnborough 2024: Efficiency, range and bigger baggage space on show

Aviation giants Airbus and Boeing are showing off their latest tech and innovations at the 2024 Farnborough Air Show.

Business

Airbus imposes hiring freeze to cut costs as it fights Chinese rivals

Airbus which is fighting a wave of cheaper airliners from China has also reduced its forecasted deliveries for this year from 800 jets to 770 jets. It has also lowered its operating income targets.

Business

Airbus wins multi-billion satellite deal with German military

The German army has granted Airbus a contract worth €2.1 billion for next-generation SatcomBw 3 military communications satellites, the European aerospace firm said on Thursday.

Business Series

Airbus shares tumble amid surprise outlook downgrade

Airbus' stocks plunge as aerospace manufacturer downgrades profit and production forecast for 2024 due to supply chain concerns.

Green News

Brussels green lights €1.4bn in state subsidy for hydrogen projects

The European Commission hopes to further boost EU clean energy technology by approving whopping state subsidies for a range of projects aimed at using hydrogen to replace fossil fuels in tranport.

Business

Boeing falls behind with plane supplies as Airbus picks up speed

Aircraft deliveries from Boeing fall to their lowest level since mid-2021 while Airbus records a quarterly jump for the same period.