Airbus expects supply chain issues to improve in H2 2023
Airbus revealed that profits more than halved in Q1 2023 compared to the same period in 2022, yet…
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Airbus
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Airbus is a European multinational aerospace corporation that designs, manufactures, and sells civil and military aeronautical products worldwide. The company produces commercial aircraft, helicopters, military transports, satellites, and launch vehicles. Airbus also provides comprehensive services, including training, maintenance, and data analytics. As one of the largest aerospace manufacturers globally, Airbus plays a crucial role in the aviation and defense industries.
Key Facts
- Type: Publicly traded company
- Industry: Aerospace, Defense
- Founded: December 18, 1970; 53 years ago in Blagnac, France
- Founders: Government initiative by France, Germany, and the UK
- Headquarters: Leiden, Netherlands
- Key People: Guillaume Faury (CEO), René Obermann (Chairman)
- Products: Commercial aircraft, military aircraft, helicopters, satellites, launch vehicles
- Services: Training, maintenance, data analytics
- Revenue: €78.9 billion (2023)
- Number of employees: 131,300 (2023)
- Website: https://www.airbus.com
Iraqi Airways grounds Airbus A220-300 aircraft following authorities’ orders
The Iraq Civil Aviation Authority (ICAA) has issued Iraqi Airways with an order to ground its Airbus A220-300 aircraft. A letter…
flydubai in talks with Airbus and Boeing for a new plane deal by end of 2023
flydubai hopes to complete a deal for new aircraft by the end of 2023, or even in time…
Fiji Airways to launch direct services from Canberra to Nadi from July 2023
Fiji Airways revealed that Canberra, Australia is the latest international destination to be added to its network. The…
airBaltic receives its latest A220 aircraft of the airline’s 50 Airbus order
airBaltic has welcomed its 41st Airbus A220-300 jet, registered as YL-ABO, in Riga, making it the second delivery in 2023. The new…
Lufthansa adds A380 to LAX, Bangkok routes; commences Bangalore, Hyderabad flights
German flag carrier Lufthansa is launching its Airbus A380 to Los Angeles International Airport (LAX) and Bangkok’s Suvarnabhumi…
Atlantic Airways to launch first direct flights from Faroe Islands to New York
Americans can now directly fly to one of the least explored destinations in the world: the Faroe Islands.…
Titan Airways bids final farewell to its last Boeing 737 Classic jet aircraft
One of Europe’s leading charter airlines, Titan Airways, has bid a final farewell to its last Boeing 737…
Spirit Airlines’ hopes of double-digit margins dashed by A320neo engine issues
Spirit Airlines revealed that while it expects to post a positive operating margin in Q2 2023, A320neo engine…
Airbus to establish a new aircraft storage and dismantling center in China
Airbus announced that together with Tarmac Aerosave and the city of Chengdu, the company will open a wide-range…
South Korean authorities investigate Airbus A321 and Boeing 737 near-miss
South Korean authorities are investigating a near miss that occurred between an Airbus A321 and Boeing 737 at…
Airbus A320 engine failure causes huge bang and leaves trail of flames: video
Engine failure aboard an Airbus A320-232 forced the pilot to make an emergency landing in Mexico. Video captured…
Air New Zealand grounds two Airbus A321neos over global engine shortages
Air New Zealand has grounded two of its Airbus jets over a global engine supply shortage now affecting…
Starlux‘s ambitions to fly to New York impacted by Airbus delivery delays
Starlux Airlines wants to fly to New York, the United States, yet its plans have been negatively impacted…
Delivery delays and lack of spare parts to constrain airline capacity until 2025
Willie Walsh, the director general of the International Air Transport Association (IATA), has told the industry to prepare…
Air Canada to save up to 560 tons of CO2 p.a. with Descent Profile Optimization
Air Canada has chosen to use Airbus’ Descent Profile Optimization (DPO) solution for its A320 and A320 aircraft,…
Transport Canada issues AD after Airbus supplier raises A220 quality defect
Transport Canada (TC) has issued a new airworthiness directive (AD) stating that a “manufacturing quality escape” made by…
American Airlines to upgrade cockpit displays on more than 100 Airbus A320s
American Airlines and Airbus entered into a partnership to upgrade the cockpit displays on more than 100 of…