Boeing and Airbus announce plans to buy parts from subcontractor Spirit AeroSystems
Boeing announced plans to acquire Spirit AeroSystems for $4.7 billion in an all-stock transaction. Spirit is part of the aerospace giant's supply chain. Boeing, based in Arlington, Virginia, announced the…
Airbus shares fall 9% as the company cuts 2024 guidance on targets and deliveries
A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport before departing for Frankfurt on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images News |…
FAA is investigating suspected titanium parts used in some Boeing and Airbus jets
Federal transportation officials are investigating how titanium sold with false documentation ended up in parts used to make Boeing and Airbus planes. The Federal Aviation Administration and Spirit AeroSystems, a…
Airbus to hire 400 British engineers amid Boeing's struggles
Airbus is to hire 400 engineers at its wing factory in Broughton, Wales, as it looks to extend its lead over Boeing in the competitive single-aisle aircraft market. The move…
Saudi Arabia's national airline orders more than 100 new Airbus planes to boost tourism boost
Riyadh, Saudi Arabia — Saudi Arabia's national carrier has ordered more than 100 new Airbus planes, reflecting the kingdom's ambitious drive to attract more tourists. Saudia Group, which represents Saudia…
Commercial plane maker Airbus remains modest, even as Boeing flounders. There's a reason for that
Frankfurt, Germany — In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus has built a clear sales lead over Boeing, before the US company…
Ex-JetBlue CEO Robin Hayes will lead Airbus North America
Robin Hayes, CEO of JetBlue Airways Corp., speaks during an Economic Club of New York event in New York, USA, on Wednesday, March 29, 2023. Michael Nagel | Bloomberg |…
