Airbus said on Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.
The European aerospace group had been banking on another big order from main client Emirates in November, but the Dubai-based airline decided instead to buy 40 of Boeing’s Dreamliners.
Airbus’s decision in 2007 toRead more
European aerospace giant Airbus said Monday it booked 1,109 aircraft orders in 2017 and a record 718 deliveries.
In terms of orders, Airbus overtook arch-rival Boeing, which booked 912 orders last year. But the European planemaker still lagged behind the US group in terms of deliveries, after Boeing handed over 763 aircraft to its customers in 2017.Read more
Boeing reported record commercial plane deliveries for 2017 on Tuesday and said cargo and customer passenger trends continued to look strong for 2018.
The gains were fueled by global economic growth of three percent and an increase in overall passenger traffic
that has outpaced historical trends, said Boeing vice president of marketing Randy Tinseth.
"It is a very, very strong marketplace,"Read more
Morocco's Royal Air Maroc has ordered four 787-9 Dreamliner aircraft from US aviation giant Boeing for delivery at the end of next year, the two companies said Wednesday.
The new aircraft, worth $1.1 billion at list price, would allow the flagship carrier "to expand its services, especially internationally", a Boeing statement said.
The delivery "at the end of 2018" would bring to 60 theRead more
The sky seems to be the limit for Chinese online shopping portal Taobao, which auctioned off two Boeing 747 jumbo jets on Tuesday for nearly $50 million
Chinese air cargo company SF Airlines bought the pair for over 320 million yuan ($48 million), the official Xinhua news agency reported.
After six failed attempts over two years to sell three 747sRead more
Boeing has concluded deals and commitments for over 300 commercial jets, including options, valued at $50.67 billion during the five-day Dubai Airshow 2017.
On the final day of the air show spectacle, the US aircraft maker and Kazakhstan-based SCAT Airlines announced an order for six 737 MAX 8s valued at $674 million at current list prices on the final dayRead more
The Dubai Airshow on Wednesday recorded deals worth more than $90 billion, including two enormous aircraft purchase orders for both Airbus and Boeing valued at $76.5 billion.
Airbus secured the biggest-ever single order in its history for 430 A320neos valued at $49.5 billion, besides firming up orders for 90 aircraft of the same family, while its transatlantic rival Boeing inkedRead more
Emirates, the world's largest international airline, today announced a $15.1 billion (Dh55.4 billion) commitment for 40 Boeing 787-10 Dreamliners.
In the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, signed the agreement withRead more
Emirates airline, the world's largest operator of Airbus A380, insists that it must have a commitment from the European aircraft maker about the continuation of the super jumbo production for at least 10 years before it considers placing new orders for the aircraft.
The Dubai-based carrier, which last week took delivery of the 100th A380, and has 42 more double-deckerRead more
Boeing on Wednesday announced an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of $27 billion, hailing it as the "largest-ever single-aisle jet order" from a Middle East carrier.
The announcement, made at the Dubai Air Show, came just hours after rival Airbus said it had secured the biggest-ever order in its historyRead more