INSIDER
California announces sustainable fuels partnership to curb emissions from planes
Read full article: California announces sustainable fuels partnership to curb emissions from planesCalifornia is partnering with a major airline trade group to increase the availability of sustainable aviation fuels in the state.
The leaders of India and Spain launch India's first private military aircraft plant
Read full article: The leaders of India and Spain launch India's first private military aircraft plantIndian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plant.
Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks
Read full article: Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perksSpirit Airlines is about to roll out tickets that include perks like free snacks and no fee for checking a bag.
Troubled Boeing stays close to the ground at a major UK air show
Read full article: Troubled Boeing stays close to the ground at a major UK air showEuropean planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world’s biggest aviation trade fairs.
Flight delayed or canceled because of that global IT outage? Here’s a breakdown of your rights
Read full article: Flight delayed or canceled because of that global IT outage? Here’s a breakdown of your rightsOn Friday, Houston’s airports experienced major delays and cancellations on flights due to a worldwide computer outage.
FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes
Read full article: FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planesFederal officials are investigating how parts made with titanium sold with falsified documentation wound up in Boeing and Airbus passenger jets.
Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that.
Read full article: Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that.Europe’s Airbus had established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing troubles and ongoing safety concerns.
Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares
Read full article: Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scaresDelta Air Lines has reported a small first-quarter profit and says travel demand is strong heading into summer.
American Airlines to buy 260 new planes from Boeing, Airbus and Embraer to meet growing demand
Read full article: American Airlines to buy 260 new planes from Boeing, Airbus and Embraer to meet growing demandAmerican Airlines is ordering 260 new planes to meet growing travel demand and increase the airline’s supply of premium seats.
Airbus targets 800 aircraft deliveries for 2024 even as supply chain issues linger
Read full article: Airbus targets 800 aircraft deliveries for 2024 even as supply chain issues lingerAirbus says it plans to deliver more aircraft to customers in 2024 even as supply chain headaches continue to afflict the European airplane maker.
JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US
Read full article: JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by USJetBlue Airways says it may end its attempt to buy low-cost carrier Spirit Airlines as soon as this weekend, sending Spirit shares tumbling.
Planes collide and catch fire at Japan's busy Haneda airport, killing 5. Hundreds evacuated safely
Read full article: Planes collide and catch fire at Japan's busy Haneda airport, killing 5. Hundreds evacuated safelyA large passenger plane and a Japanese coast guard aircraft have collided on the runway at Tokyo’s Haneda Airport and burst into flames.
Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air Show
Read full article: Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air ShowThe airline Emirates says it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between it and the European manufacturer went unusually public during this week’s Dubai Air Show.
Long-haul carrier Emirates signals it will hold off on major Airbus purchase over engine worries
Read full article: Long-haul carrier Emirates signals it will hold off on major Airbus purchase over engine worriesLong-haul carrier Emirates has signaled it will hold off on a major purchase of Airbus A350 aircraft over concerns about their Rolls Royce engines, marking a major blow for the European manufacturer as it hopes to close the sale during the Dubai Air Show.
Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine maker
Read full article: Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine makerJet engine maker Rolls-Royce says it’s cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is carrying out.
Boeing lost $149 million last quarter as the plane maker pushes ahead with production increases
Read full article: Boeing lost $149 million last quarter as the plane maker pushes ahead with production increasesBoeing is reporting a $149 million loss for the second quarter despite higher revenue, as the plane maker struggles with higher costs in both its airline and defense business.
Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected
Read full article: Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspectedSome Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts.
China's 1st domestically made passenger plane completes maiden commercial flight
Read full article: China's 1st domestically made passenger plane completes maiden commercial flightChina’s first domestically made passenger jet has flown its maiden commercial flight, as China looks to compete with industry giants such as Boeing and Airbus in the global aircraft market.
Less experienced crews and air traffic strains may be leading to near-miss flight incidents, experts say
Read full article: Less experienced crews and air traffic strains may be leading to near-miss flight incidents, experts sayAs reports of near-miss incidents at U.S. airports pile up early into 2023, the Federal Aviation Administration is set to hold a summit next week to assess safety risks for travelers.
Boeing orders rise to 4-year high but still trail Airbus
Read full article: Boeing orders rise to 4-year high but still trail AirbusBoeing took more than 200 net orders for passenger airplanes in December to complete its best year since 2018, but it failed again to catch up with European manufacturer Airbus in orders and aircraft deliveries.
Families of crash victims rain wrath on Airbus, Air France
Read full article: Families of crash victims rain wrath on Airbus, Air FranceDistraught families whose loved ones died in Air France’s worst-ever crash have shouted down the CEOs of the airline and of planemaker Airbus as the two companies go on trial on manslaughter charges in Paris over the 2009 crash.
Families seek truth as Airbus, Air France face crash trial
Read full article: Families seek truth as Airbus, Air France face crash trialThe families of the 228 people killed in 2009 when their storm-tossed Air France flight from Rio de Janeiro to Paris slammed into the Atlantic finally have a chance at justice.
Airbus reports lower Q2 profit, trims 2020 production target
Read full article: Airbus reports lower Q2 profit, trims 2020 production targetAirbus said net income plunged in the second quarter and warned that supply chain challenges were leading it scale back production targets for its commercial aircraft.
Cyprus signs deal for Airbus attack helicopters
Read full article: Cyprus signs deal for Airbus attack helicoptersCyprus has signed a deal with Airbus Helicopters to purchase six light attack helicopters with an option for another six as it seeks to shed Soviet-era armaments and procure military equipment compatible with other European Union member states.
Airbus delivers more planes last year to post record income
Read full article: Airbus delivers more planes last year to post record incomeAirbus has reported record net income of $4.8 billion last year as the aircraft maker delivered more planes to an economy rebounding from the coronavirus pandemic.
Emirates says IPO a possibility for famed long-haul carrier
Read full article: Emirates says IPO a possibility for famed long-haul carrierThe president of long-haul carrier Emirates says that an initial public offering of stock in the Dubai-based airline could happen as the city-state tries to boost its local financial market.
Airbus strikes 2nd major aircraft deal of Dubai Air Show
Read full article: Airbus strikes 2nd major aircraft deal of Dubai Air ShowAirbus has clinched a major deal valued into the billions of dollars to sell 111 new aircraft to the Air Lease Corporation, its second blockbuster order at the Dubai Air Show.
Airbus-Boeing deal eases US-EU tensions but conflicts remain
Read full article: Airbus-Boeing deal eases US-EU tensions but conflicts remainThe deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs.
French court orders trial in 2009 crash of Rio-Paris flight
Read full article: French court orders trial in 2009 crash of Rio-Paris flightA French court has ordered Air France and plane maker Airbus to stand trial for manslaughter in the 2009 crash of a flight from Rio de Janeiro to Paris which killed all 228 people aboard.
EU, US agree to suspend tariffs over Airbus-Boeing dispute
Read full article: EU, US agree to suspend tariffs over Airbus-Boeing disputeFILE - In this Thursday, Feb. 25, 2021 file photo, European Commission President Ursula von der Leyen speaks during a media conference in Brussels. After U.S. President Joe Biden and EU Commission chief Ursula von der Leyen spoke, both sides decided to suspend tariffs used in the longstanding Airbus-Boeing dispute for the next four months. Von der Leyen called it “a very positive signal for our economic cooperation in the years to come.”Ad"This is excellent news for businesses and industries on both sides of the Atlantic,” she said. In the aircraft dispute, the U.S. was allowed to impose tariffs on $7.5 billion of EU exports to the U.S and as a result of the deal, EU tariffs will be suspended on $4 billion of U.S. exports. The move came only a few weeks after international arbitrators gave the EU the green light for such punitive action.
Airbus lost $1.3 billion amid pandemic; expects better 2021
Read full article: Airbus lost $1.3 billion amid pandemic; expects better 2021European plane maker Airbus lost 1.1 billion euros ($1.3 billion) amid an unprecedented global slump in air travel because of the pandemic, but expects to deliver hundreds of planes and make a profit this year. (AP Photo/ Francois Mori, File)PARIS – European plane maker Airbus lost 1.1 billion euros ($1.3 billion) last year amid an unprecedented global slump in air travel because of the pandemic, but expects to deliver hundreds of planes and make a profit in 2021 despite uncertainty about when people will resume flying en masse. The dispute has led to billions of dollars in tit-for-tat cross-Atlantic tariffs on planes, cheese, wine, video games and other products. Airbus sales were down to 49.9 billion euros from 70 billion euros the year before. Airbus delivered 566 aircraft last year and expects to deliver about the same number this year, the company said.
Cable trouble dogs spacewalkers in European lab upgrades
Read full article: Cable trouble dogs spacewalkers in European lab upgradesIn this image taken from NASA video, NASA astronaut Mike Hopkins works outside the International Space Stations European lab on Wednesday, Jan. 27, 2021. Hopkins and Victor Glover went spacewalking Wednesday to install a high-speed data link outside the International Space Stations European lab and connect cables for an experiment platform awaiting activation for almost a year. (NASA via AP)CAPE CANAVERAL, Fla. – Spacewalking astronauts encountered cable trouble Wednesday while attempting to make improvements to the International Space Station’s European lab. Elsewhere on the lab, Glover could not hook up all the power and data cables on a science research platform that's been awaiting activation for almost a year. Hopkins and Glover will perform a second spacewalk on Monday to complete battery upgrades to the station’s solar power grid.
EU puts tariffs on US but hopes for change with Biden
Read full article: EU puts tariffs on US but hopes for change with BidenEuropean trade ministers agreed on the move a few weeks after international arbitrators gave the EU the green light for such punitive action. “The United States is disappointed by the action taken by the EU today,” said U.S. Trade Representative Robert Lighthizer. After Trump also imposed tariffs on EU steel and aluminum and threatened punitive duties on cars, the Europeans had hoped that he would hold fire on the tariffs related to the Airbus-Boeing dispute. Asked why the EU didn’t wait until Trump leaves office, Altmaier said: “The U.S. tariffs have already been valid for over a year. Dombrovskis welcomed Biden’s commitment to international alliances, the multilateral system and to improving ties with the EU.
Airbus reports new pandemic losses, but stops bleeding cash
Read full article: Airbus reports new pandemic losses, but stops bleeding cashPARIS – Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.16 billion) in pandemic-related losses for the third quarter Thursday amid a slower-than-expected recovery in air travel. “We will have to live with the circulation of the virus for long period of time,” he said. It maintained its forecast that air traffic won’t return to 2019 levels until 2023-2025. Faury said the company — one of Europe's leading manufacturers — isn’t currently planning further job losses on top of 15,000 already announced as a result of the pandemic, but said, “there is so much uncertainty we have to remain very humble.”And he expressed concern about struggling Airbus suppliers. Airbus announced 1 billion euros in “COVID-related charges” and posted a loss of 767 million euros for the third quarter, compared with a profit of 989 million euros a year earlier.
The Latest: India's downward trend in new cases continues
Read full article: The Latest: India's downward trend in new cases continues(AP Photo/Channi Anand)NEW DELHI — India has reported 48,648 new coronavirus cases, continuing a downward trend in infections even as the country’s caseload has crossed 8 million and is only behind the U.S. The country confirmed 808 new cases on Thursday, bringing the cumulative COVID-19 cases to 100,334, including 712 cases found on a cruise ship earlier this year, according to the ministry figures. About one-third of the cases come from Tokyo, where 221 cases were confirmed Thursday, bringing a prefectural total to 30,677, with 453 deaths. Italy added a record number of new confirmed cases Thursday at more than 26,000. ___LONDON — The World Health Organization says Europe had a record 1.5 million confirmed coronavirus cases in the last week and has reached 10 million of the 44 million global cases.
WTO says EU can put tariffs on $4 billion of US goods
Read full article: WTO says EU can put tariffs on $4 billion of US goodsGENEVA – International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. It comes a year after another ruling authorized the United States to slap penalties on EU goods worth up to $7.5 billion - including Gouda cheese, single-malt whiskey and French wine - over the bloc's support for Boeing rival Airbus. Now the EU can have its own turn at trade punishment, and has already been considering which American products it could target. The U.S. argues that those tax breaks ended this year, eliminating any basis for the award. The WTO arbitrators said that the lifting of the tax breaks was not enough to prevent the award in favor of the EU.
Airbus moves to end 16 years of litigation, end US tariffs
Read full article: Airbus moves to end 16 years of litigation, end US tariffsEuropean planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization over subsidies. The Trump administration used the case as justification to slap tariffs on $7.5 billion worth of European exports. The U.S. tariffs covered not only Airbus planes but also a range of typical European exports, from gouda cheese to single-malt whiskey. Airbus said Friday that it had agreed to make changes to this system of financial support. After 16 years of litigation at the World Trade Organisation, this is the final step to stop the long-standing dispute and removes any justification for U.S. tariffs, the company said.
France announces $16.9 billion in aid to aviation industry
Read full article: France announces $16.9 billion in aid to aviation industryFrance's government has announced 15 billion euros ($16.9 billion) in aid for the virus-battered aerospace industry, including plane maker Airbus and national airline Air France. (AP Photo/ Francois Mori, File)PARIS Frances government announced 15 billion euros ($16.9 billion) in rescue money on Tuesday for the pandemic-battered aerospace industry, including plane maker Airbus and national airline Air France. It also includes a special fund jointly financed by the government, Airbus and other big manufacturers to support small suppliers. It includes 7 billion euros in loans and loan guarantees that the government had already promised to Air France, whose planes were almost entirely grounded by the virus. The government predicted it will be 2023 before the industry reaches pre-crisis levels.