United States

Tim Hepher

Airbus spends $300 million on new Alabama plant for A220 jet

Jan 16 2019

MOBILE, Ala. Airbus SE expanded its industrial presence in the United States on Wednesday, starting construction on a new assembly plant for the Canadian developed A220 jetliner, 18 months after agreeing to buy the plane in the midst of a U.S.-Ottawa trade dispute.

Airbus steps up pressure on suppliers over Canadian jet

Jan 14 2019

MONTREAL Europe's Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model.

UPDATE 2-Airbus loses to Boeing in annual jet order race

Jan 09 2019

LONDON, Jan 9 Airbus abandoned a five-year winning streak in the race for jetliner orders in 2018, slumping to its lowest share of the $150 billion jet market in six years but narrowing a gap against U.S. rival Boeing Co in airplane deliveries.

Airbus delivered 800 jets in 2018, pushing shares higher

Jan 08 2019

PARIS Airbus delivered 800 aircraft last year, provisionally hitting a key industrial target that only weeks ago had seemed beyond its reach as its battles to overcome supply chain problems and factory snags to meet record demand for jetliners.

ICBC leads Asian jet lessor buying spree: sources

Jan 07 2019

PARIS Asian-controlled leasing companies splashed out on passenger jets worth $25 billion at list prices to pick out bargains as planemakers Airbus and Boeing raced to end a relatively quiet year with fresh orders.

Airbus chases aircraft lessors as order race tightens

Jan 04 2019

PARIS Airbus has been chasing deals with leasing companies in recent weeks to try to narrow a gap in orders against rival Boeing , while industry experts took a somewhat more sanguine view on 2018 deliveries after shares took a beating.

Airbus bags new orders as delivery target doubts grow

Jan 03 2019

PARIS Airbus narrowed a sales gap against U.S. rival Boeing by finalising orders for 120 of the former Bombardier CSeries jet, but shares in Europe's top planemaker fell as doubts surfaced over a target for overall 2018 deliveries.

Airbus shares fall after report of U.S. joining corruption probe

Dec 20 2018

PARIS Shares in Europe's Airbus fell sharply on Thursday after Le Monde newspaper reported the United States had opened an investigation into allegations of corruption, raising the stakes of probes already under way in Britain and France.

World News

U.S., North Korea to hold talks on second Trump-Kim summit

North Korea's lead negotiator in nuclear diplomacy with the United States is expected to hold talks with Secretary of State Mike Pompeo and could also meet President Donald Trump on Friday during a visit aimed at clearing the way for a second U.S.-North Korea summit.