India’s Aviation Growth to be Double of Global Average: Airbus

Air India Airbus A330

Eyeing big orders from Indian airlines, world’s leading aircraft maker Airbus has said that India’s aviation market will grow at over 10 per cent annually in next ten years, which would be double the average global growth rate. Bullish on India as a marketplace as well as manufacturing hub, Airbus has already committed to source […]

Airbus flies out as the winner in Paris Air Show

Paris Air Show Orders

Airbus finished ahead of Boeing in the now customary battle of the giants of global aircraft manufacture as the biennial Paris Air Show came to a close yesterday. Orders placed and commitments made in the trade-dominated early stages of the seven-day event amounted to US$107.2 billion (Dh393.74bn) of new business for the two companies. The […]

Paris Air Show: Boeing Loses Out To Airbus On Total Commercial Orders, Buzz About Upcoming Jet

Airbus A320neo

This week saw a flurry of activity in the Aerospace industry with the Paris Air Show being held over the week. This week-long bi-annual event is full of impressive displays by aerospace companies across the globe. Companies participate to show-off their latest technology and usually walk away with closing bulk orders making it an important […]

AIRSHOW-Korean Air orders Airbus, Boeing narrow-body jets worth $6.9 bln

Korean Air Airbus A380

Korean Air split a $6.9 billion order for narrow-body jets between rival planemakers Airbus and Boeing at the Paris air show on Tuesday as it looks to renew its fleet with more fuel-efficient aircraft. Korean Air unveiled a firm order worth $3.7 billion at list prices for 30 Airbus A321neo planes, the first time the […]

Airbus Outpaces Boeing at Paris Air Show

Airbus Boeing

Airbus Group SE booked $57 billion worth of deals at this year’s Paris Air Show as it struck commitments for 421 planes, outpacing Boeing Co. ’s intake of 331 jets worth $50.2 billion, according to order tallies from the world’s leading makers of jet planes. “This is higher than I personally expected,” said Fabrice Brégier, […]

Airbus Sees Stronger Long-Term Aircraft Demand

Airbus A350 XWB

Airbus Group SE’s jetliner boss Fabrice Brégier said the European plane maker is poised to increase its outlook for aircraft deliveries over the next two decades, following rival Boeing Co. which has also raised its forecast. Airbus’s new forecast, slated for release on Monday at the first day of the Paris Air Show, will show […]