Airbus

Airbus Expects More Jet Deliveries in 2025, Cites Additional Charges

On Monday, European aerospace giant Airbus (AIR.PA) highlighted short-term production challenges and announced a delay in its A350 freighter program. Despite these setbacks, the company expects a 7% increase in deliveries this year, aiming for around 820 jets while addressing ongoing issues in its space and defense sectors. Airbus recorded an additional charge of 300 million euros ($312.84 million) for its struggling Space division, bringing the total financial hit over several years to nearly 2 billion euros. The latest charges

Potential Deal: Airbus Explores Acquisition of Spirit’s A220 Wing Production Facility

The European planemaker and the US company are at odds over pricing, but industry sources said a deal would be unlikely in the short term. The two companies are in “preliminary discussions,” Spirit AeroSystems (SPR.N), which supplies fuselages, wings, and other components to Airbus (AIR.PA) and Boeing commercial jets, said Friday in a statement. The announcement came after a Wall Street Journal report that Airbus had explored buying Spirit’s Belfast plant, which makes wings for the A220, a new widebody

Agreement in Sight as Airbus Works Towards Resolving Emirates Jet Order Dispute

Long-haul airline Emirates (EK.AED) edged towards a consolation deal for fewer than 20 A350-900 jets on Thursday after a public row between the carrier and engine maker Rolls-Royce (RR.L) over a larger model dampened the end of the Dubai Airshow. Emirates President Tim Clark refused to place a large order for the A350-1000 and publicly criticized its Rolls Royce engines, which he said would require too much maintenance in harsh Gulf conditions. Rolls-Royce acknowledged that its engine for the A350-1000