Airbus SE

Indian billionaire Rakesh Jhunjhunwala's plan to launch an ultra-low-cost airline, could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet Airways, two years ago, industry executives say.

A rift between Airbus and engine makers over plans for higher jet output blotted strong aerospace earnings this week, with worries over the supply chain's industrial capacity masking a deeper tug of war over contrasting business strategies.

European stocks hit all-time highs on Thursday after strong earnings from commodity majors, Airbus and a clutch of other companies, while data showing record high euro zone economic sentiment in July added to the positive mood.

Airbus has announced a freighter version of its wide-bodied A350 in a bid to loosen Boeing's decades-old dominance of the market for dedicated cargo planes.

Europe's Airbus took aim at one of Boeing's most profitable strongholds on Thursday with plans for a freighter version of its A350 passenger jet, gambling that a pandemic boom in Internet shopping will outlast the global health crisis.

Europe's Airbus doubled its full-year profit forecast and raised the outlook for jet deliveries after posting better-than-expected half-year results, pushing its shares to the highest level since the start of the coronavirus crisis.

German leisure airline Condor is acquiring 16 Airbus A330neo jets to replace a wide-bodied fleet of Boeing 767 aircraft, accounting for almost half of a backlog of planes whose debt-strapped buyers were unable to take delivery.

Spirits group Diageo reported on Thursday a better-than-expected rise in full-year organic net sales growth, as North American bars and restaurants reopened helping boost demand for its tequila brands and Johnnie Walker whisky.

Europe's Airbus sharply raised its forecasts for full-year deliveries and earnings after reporting better-than-expected half-year results on Thursday.

Airbus said on Thursday its board had backed plans for a new freighter version of its A350 passenger jet as it seeks to break rival Boeing's dominance of the air cargo market. (Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)

German leisure airline Condor said on Wednesday it would order 16 Airbus A330neo jets to replace a wide-bodied fleet of Boeing 767 aircraft.

French aerospace supplier Safran said on Wednesday it had seen the start of a recovery in the second quarter following the coronavirus crisis, but kept its outlook unchanged amid uncertainty over air traffic in the second half of the year.

Russian private airline S7 plans to launch a new low-cost carrier next year in a market battered by the coronavirus pandemic, betting on flights between Russian regions bypassing Moscow and St. Petersburg, the airline said on Wednesday.

French aerospace supplier Safran said on Wednesday it had seen the start of a recovery in the second quarter following the coronavirus crisis, but kept its outlook unchanged amid uncertainty over air traffic in the second half.

Airbus is set to deliver more than 600 jets this year after a strong first half driven in part by deals that allow some carriers to delay accounting for new planes on their balance sheets, industry sources said.

British airline and holiday group Jet2 is in advanced talks to buy dozens of narrowbody passenger jets, with Europe's Airbus seen as the front-runner in a potential blow to Jet2's current supplier Boeing, industry sources said.

British airline and holiday group Jet2 is in advanced talks to buy dozens of narrowbody passenger jets, with Europe's Airbus seen as the front-runner in a potential blow to Jet2's current supplier Boeing, industry sources said.

British airline and holiday group Jet2 is in advanced talks to buy dozens of narrowbody passenger jets, with Europe's Airbus seen as the front-runner in a potential blow to Jet2's current supplier Boeing, industry sources said.

Irish aircraft leasing company AerCap is set to secure unconditional EU antitrust approval for its $30 billion bid for General Electric's aircraft leasing business, three people familiar with the matter said.