Airbus Inks $17B Plane Order With China - Reuters
By Scott Kanowsky Investing.com -- China Aviation Supplies Holding has signed orders worth $17B for 140 jets made by European aerospace giant Airbus Group SE (EPA:AIR), according to a...
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Airbus Group News & Analysis
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China Aviation Supplies to buy 140 Airbus jets worth about $17 billion
BEIJING (Reuters) – China Aviation Supplies Holding has signed an agreement to buy 140 Airbus planes worth about $17 billion, it said on Friday.
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Basavaraj Bommai invites Airbus to set up manufacturing unit in Karnataka
Bommai also said both India and France can further boost their mutual cooperation, pointing at India's strides in IT/BT, aerospace, renewable energy and other sectors.
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Korean Air goes on high alert, begins inspection of Airbus planes after 2 incidents
The South Korean flag carrier said it will temporarily take 24 Airbus A330s out of service in phases for an intensive inspection that began on Tuesday, adding it will retire six old Airbus...
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White paper soon on why big projects going out of Maha
The Maharashtra government will issue a white paper in the next 30 days on some mega projects going out of the state and if any steps were taken by the previous MVA government to retain...
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Maharashtra government to bring white paper on mega projects going to other states
The state government had alleged that the projects went out of Maharashtra due to inaction by the erstwhile Maha Vikas Aghadi government.
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Tata-Airbus project row: Company officials last year rued 'unfavourable' investment climate in Maha, says Devendra Fadnavis
The Shiv Sena MLA also refuted Fadnavis' claims that the previous Maha Vikas Aghadi government did nothing to keep the Vedanta-Foxconn semiconductor plant in the state which eventually...
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Jazeera Airways plans to get around $2 billion from banks for Airbus deal
KUWAIT (Reuters) – Jazeera Airways is planning to get around $2 billion from commercial banks to fund 70% of a deal it has with Airbus for 28 A320neo airliners, the Kuwaiti carrier’s...
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German union calls for strikes at Airbus, other companies
BERLIN (Reuters) – German trade union IG Metal Kueste said it has called on several thousand workers to strike on Tuesday at 15 sites, including Airbus in Hamburg.
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Time for made-in-India passenger aircraft, says PM Narendra Modi
'Today, we are improving both services and manufacturing sectors… India is preparing to stay ahead of everyone in manufacturing'
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On Airbus' new military aircraft facility launch PM sees India emerging as global aerospace hub
Speaking at the foundation stone laying ceremony of the manufacturing facility to be jointly developed by Tata Advanced Systems and Airbus Defence and Space, the prime minister said it would...
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After Vadodara facility, Airbus looks to further industrial presence in India
Tata Group to set up large-scale aerospace and high-tech manufacturing facility in Dholera
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Defence and Aerospace sectors to be two pillars for making India 'Atmanirbhar', says PM Modi
"In the coming years, the Defence and Aerospace sectors will be two important pillars for making India 'Atmanirbhar'. By 2025, our defence manufacturing scale would cross USD25 billion....
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India becoming major manufacturing hub; our policies stable, predictable: PM Modi
The prime minister said the manufacturing of C295 aircraft in Vadodara will not only give strength to the military but it will also create an aerospace ecosystem. Defence Minister Rajnath...
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India Will Now Become A Major Hub: PM On Launch Of Plane Project In Gujarat
India will now become a major producer of transport aircraft, Prime Minister Narendra Modi said on Sunday after laying the foundation stone of a manufacturing facility for C-295 medium...
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Reimagining the way we do business in India by delivering over 1 aircraft every week for the next 10 yrs, says Airbus CCO
Christian Scherer, Airbus Chief Commercial Officer (CCO) on Sunday on Sunday highligted India's huge business potential on the sidelines of the foundation stone laying ceremony of the C-295...
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PM Modi laid foundation stone of C-295 transport aircraft manufacturing facility in Vadodara
The facility will cater to export of the aircraft as well as for additional orders by the IAF. The aircraft can be used for civilian purposes as well, Defence Secretary Ajay Kumar had said....
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PM Modi to lay foundation stone of C-295 transport aircraft manufacturing facility in Vadodara
A consortium of European defence major Airbus and the Tata group will manufacture C-295 transport aircraft for the Indian Air Force (IAF) in Vadodara, the Defence ministry said on Thursday,...
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Maharashtra minister blames MVA for Tata-Airbus project moving to Gujarat
Maharashtra Industries Minister Uday Samant on Saturday said the previous Maha Vikas Agahdi government under Uddhav Thackeray did not take any decision on the Tata-Airbus military transport...
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Tata-Airbus' C295 aircraft manufacturing facility to be big boost: Official
With Prime Minister Narendra Modi laying the foundation stone of the Tata-Airbus facility to manufacture C295 military transport planes in Gujarat on Sunday, India will enter an illustrious...
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Tata-Airbus' C295 aircraft manufacturing facility to be 'big boost' for development of defence industrial complex
As the government eyes the transformation of the defence sector through its ambitious indigenous programmes, several projects for domestic manufacturing of defence platforms and equipment...
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Tata Airbus aircraft unit: Investors don't have confidence in 'khoke sarkar', taunts Aaditya Thackeray
Thackeray was speaking to reporters here in the backdrop of Airbus and a Tata consortium choosing Vadodara in Gujarat as the site for its Rs 22,000 crore project to build C-295 military...
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Airbus to Push Ahead With Production Increases as Boeing Lags
The European plane maker is extending its lead over its main rival in the crucial market for smaller jets.
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Airbus confirms it faces new bribery settlement over Kazakhstan, Libya
PARIS (Reuters) – Airbus confirmed on Friday it is negotiating a fresh bribery settlement with French authorities over past dealings in Libya and Kazakhstan, extending record fines paid...
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European Stock Futures Lower; French GDP Growth Slows in Third Quarter
By Peter Nurse Investing.com - European stock markets are expected to open lower Friday, with sentiment hit by weak results from e-commerce giant Amazon (NASDAQ:AMZN) and a hefty drop in...
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Airbus raises cashflow target on strong dollar
PARIS (Reuters) -Europe’s Airbus raised its 2022 free cashflow forecast on the back of a strong dollar and reaffirmed delivery and production targets while delaying the projected...
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PM Modi to lay foundation stone of Gujarat military plane plant
The new plant will manufacture C-295 transport aircraft that are on order by the Indian Air Force under a ₹21,935 crore deal inked in 2021. The plant at Vadodara will be set up by a Tata...
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'Airbus India engineering unit to soon have more staff than HQ'
"We have now reached a point where our information management (IM) centre is the second largest in the world in terms of the team. It is right behind Toulouse and it will be bigger than...
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Aaditya slams Shinde govt over Tata-Airbus aircraft facility in Gujarat
With the announcement about Tata-Airbus C-295 transport aircraft project coming up in Gujarat, former Maharashtra minister Aaditya Thackeray on Thursday slammed the Eknath Shinde-led...
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Maha lost one more big ticket project: Aaditya Thackeray slams Shinde govt over Tata-Airbus aircraft facility in Gujarat
The ruling Bharatiya Janata Party (BJP) in Maharashtra, however, countered him saying that the previous Maha Vikas Aghadi (MVA) government did not do anything to follow up on the proposed...
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Tata, Airbus grab Rs 22,000-cr project to make C-295 aircraft in Gujarat
The Ministry of Defence (MoD) on Thursday announced it had, for the first time, entrusted a private firm - Tata Advanced Systems (TASL) - to manufacture an entire aircraft for the...
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