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Cebu Pacific signs $4.8 billion order for 16 Airbus jets

ABS-CBN News
Updated as of Nov 04 11:20 AM

The 16 A330neo jets will be delivered between 2021 to 2024. The new aircraft will have 460 seats each, 5 percent more than the A330ceo that it will replace. They consume 25 percent less fuel compared to older generations, Cebu Pacific said. Read more »

EU-US airliner war in nobody's interests: Airbus chief

Agence France-Presse
Updated as of Oct 17 08:25 AM

Airbus chief executive Guillaume Faury urged the European Union and United States Wednesday to reach a negotiated solution to a long-running dispute over airline subsidies and tariffs, saying there would be no winners in a trade war in the sector. Read more »

DND defends purchase of new aircraft

Jorge Cariño, ABS-CBN News
Posted at Oct 07 07:50 PM

The Philippine Air Force has placed an order for a Gulfstream G280, which will be used to carry senior leaders and commanders. Read more »

How Boeing vs. Airbus became Trump vs. Europe

David Gelles, The New York Times
Posted at Oct 07 09:32 AM

Boeing got its wish. After an announcement by the World Trade Organization, the Trump administration said it would tax as much as $7.5 billion of European exports annually, in a blow to rival Airbus. Read more »

US to strike EU with $7.5 bn in tariffs over Airbus subsidies

Heather Scott and Ben Simon, Agence France-Presse
Posted at Oct 03 06:36 AM

Hours after getting the green light from the World Trade Organization, Washington moved Wednesday to retaliate against the EU over illegal subsidies for Airbus, announcing tariffs on $7.5 billion (6.8 billion euros) worth of European goods starting October 18.  Read more »

WTO to back US tariffs on Europe in clash over Airbus subsidies

Philip Blenkinsop and Tim Hepher, Reuters
Posted at Oct 02 09:53 PM

The World Trade Organization was poised on Wednesday to open the door to hefty US tariffs on European goods over illegal subsidies for Airbus. Read more »

Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin's chances

David Ljunggren, Reuters
Posted at Aug 31 10:59 AM

Airbus SE on Friday pulled out of a multi-billion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp. Read more »

For Airbus, capitalizing on Boeing's woes is challenging

Luc Olinga, Agence France-Presse
Updated as of Aug 05 08:14 AM

With its main rival hobbled by the worldwide grounding of a top-selling jet, Europe's Airbus could seem poised to emerge as the undisputed global aerospace leader. Read more »

Airbus mimics nature with 'Bird of Prey' concept plane

Reuters
Posted at Jul 20 11:58 AM

Airbus on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired by the feathers of an eagle as it experiments with “biomimicry” technology that could eventually lead to quieter landings and less pollution. Read more »

Boeing falls behind Airbus in deliveries as 737 MAX crisis bites

Agence France-Presse
Posted at Jul 10 10:46 AM

Boeing, which has halted deliveries of the top-selling plane since mid-March, reported 239 commercial plane deliveries in 2019 through the year's midpoint, down 37 percent from the year-ago period. Read more »

Airbus seals deals with big buyers, following Boeing's MAX sale

Alistair Smout and Tim Hepher, Reuters
Posted at Jun 20 08:22 AM

Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, and American Airlines each signed up for 50 of Airbus's new long-range A321neo jet, although some orders were converted from deals on other models. Read more »

Airbus seeks new partners to expand in US space market

Andrea Shalal, Reuters
Posted at Jun 19 10:06 AM

Airbus is ramping up production of more than 640 refrigerator-sized satellites for start-up telecoms services provider OneWeb at a facility in Florida, that its chief executive said would already give it some leverage in the US market. Read more »

Cebu Pacific orders 31 Airbus jets in $6.8-billion deal as it retools fleet

ABS-CBN News
Posted at Jun 19 09:29 AM

The agreement, made during the 2019 Paris Air Show, includes 16 A330neo and 15 A320neo, which are scheduled for delivery between 2021 and 2026, the country's largest carrier said in a disclosure to the stock exchange. Read more »

Airbus bags Cebu Pacific deal as salesmen struggle at Paris Airshow

Tim Hepher, Reuters
Posted at Jun 18 06:12 PM

Reuters reported on Monday that Cebu was poised to buy more than two dozen Airbus planes.   Read more »

Airbus launches long-range A321 jet, close to 200 orders expected

Alistair Smout and Laurence Frost, Reuters
Posted at Jun 17 05:30 PM

Airbus launched a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing's plans for a possible new mid-market jet. Read more »

Airbus cheers 50th anniversary with flypast but little swagger

Tim Hepher and Jan Schwartz, Reuters
Posted at May 29 10:45 PM

Airbus prepared on Wednesday to celebrate its 50th anniversary with low-key publicity, as a new management seeks a break with the company's turbulent and theatrical past. Read more »

The only way to beat Bangkok traffic is to fly above it—so we did

Iñigo S. Roces
Posted at May 04 12:16 PM

Perhaps the only other city in Southeast Asia as notorious for its traffic as Manila is Bangkok. Thais can spend as much as half a day in gridlock, even with its elevated highways. While aboard the Airbus Helicopters EC145 T2, here's  the car-crazy city from the sky Read more »

Global share rally cools as Trump turns trade heat on Europe

Herbert Lash, Reuters
Posted at Apr 10 08:13 AM

Asian shares rose to an eight-month high overnight but US and European markets fell after President Donald Trump welcomed the World Trade Organization's finding that Europe's subsidies to planemaker Airbus had hurt the United States. Read more »

Boeing shareholders sue over 737 MAX crashes, disclosures

Jonathan Stempel, Reuters
Posted at Apr 10 08:09 AM

The proposed class action filed in Chicago federal court seeks damages for alleged securities fraud violations, after Boeing's market value tumbled by $34 billion within two weeks of the March 10 crash of an Ethiopian Airlines 737 MAX. Read more »

France seals multibillion dollar deals with China, but questions Belt and Road project

Marine Pennetier and John Irish, Reuters
Posted at Mar 26 05:00 AM

PARIS - France and China signed deals worth billions of euros on Monday, including a huge Airbus plane order, during a visit by Chinese President Xi Jinping, despite Paris pushing back against Beijing's "Belt and Road" infrastructure initiative. Read more »