Airbus posts $2.2 billion net loss in H1, deliveries cut in half
Airbus reported a $1.9 billion loss for the second quarter of 2020, as the manufacturer announced it slowed…
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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
Airbus aims to end subsidy tariff row at crucial time
In a chess game over tariff disputes in the aerospace sector in Europe and the United States, Airbus…
Glimpse of hope for cargo operators: second-hand aircraft market?
The cargo side of aviation has had a very wild ride throughout the past few years, as demand…
Indonesia interested in unpopular Austrian Eurofighter Typhoons
The Austrian authorities received a letter of intent from the Indonesian government to acquire the fleet of fifteen…
Airbus delivers third A330 MRTT to France four months early
The French Ministry of Armed Forces took delivery of the third Airbus A330 Multi Role Tanker Transport (MRTT)…
Middle Eastern Airlines welcomes their first A321neo
On June 10 Lebanese carrier Middle Eastern Airlines welcomed its first A321neo aircraft into the airline’s fleet. The…
Airbus records no orders 2nd month, deliveries rise in June 2020
Airbus registered no new orders for the second month in a row, while the number of deliveries slightly…
Avolon cancels another 27 Boeing 737 MAX
After the cancellation of 75 Boeing 737 MAX orders in April 2020, the Irish-based lessor Avolon reduced its…
Air Force One: how Boeing 747 became the VC-25A
This article was originally published on AeroTime News on August 23, 2019. Just recently, the United States Air…
Airbus seeks government compromises to save jobs
Airbus unveiled its plan to cut 15,000 jobs among its workforce, including 5,000 in France and 5,100 in…
Unions: Airbus job cuts imminent
With production cuts at Airbus of around 40% coming, as indicated by the company‘s chief executive officer, unions…
Airbus ATTOL demonstrates fully autonomous flight capacities
Started in 2018, Airbus’ Autonomous Taxi, Take-Off and Landing (ATTOL) project has the ambition to revolutionize autonomous flight.…
Airbus expects 2019-levels of business to return in 2025
Aircraft manufacturers were no exception to the pain and tumble that the aviation industry took amidst the current…
Airbus to modernize German Eurofighter Typhoon simulators
The Pilot Synthetic Training System (PSTS) consortium under the industrial leadership of Airbus has been commissioned to modernize…
Negotiating or just slagging off? Modern art of aircraft deals
Throughout the decades, air travel improved in comfort, entertainment, safety, speed. The process of conceiving an aircraft, seemingly…
easyJet and Airbus finalize agreement on 32 aircraft deferrals
As the Coronavirus pandemic continues to impact the aviation industry, airlines are finding ways to minimize costs to…
French state unlocks €15 billion to support aerospace sector
The French Minister of Economy and Finance, Bruno Le Maire, announced a massive support plan for the country’s…
BEA details AF66 A380 engine part search in Greenland
On September 30, 2017, Air France’s Airbus A380 (registered F-HPJE) started out its day as per usual, operating…