Another blow to Boeing: Airbus bags $35 billion China deal for 300 jets
By Benjamin Katz Gregory Viscusi & Helene Fouquet Airbus SE secured a $35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co. as it grapples with the grounding of its best-selling jet. The mammoth order consists of 290 A320-series narrow-body […]
Airbus pulls plug on costly A380 superjumbo as sales plummet
NEW DELHI:European aerospace giant Airbus said on Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs. The final two double-deckers will be delivered in 2021, just 14 years after the first A380 went into service, […]
IndiGo gets its first longer range A321neo plane
MUMBAI: Budget carrier IndiGo has become the first domestic airline to have longer range Airbus A321neo plane in its fleet with the first aircraft arriving Saturday morning in New Delhi from the European aviation major Airbus’ Hamburg facility in Germany, an airline source said. The maiden A321neo (new engine option), VT-IUA, landed at 9.06 am […]