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.
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.
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.
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.
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.
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.
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.
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.