CDE News - The Dispatch

UPDATED: Airbus A321XLR jetliner stages maiden flight

HAMBURG, June 15 (Reuters) - Airbus AIR.PA on Wednesday launched the maiden flight of its newest and largest narrowbody airliner, the A321XLR, as the European planemaker seeks to capitalise on lucrative demand for long-range…

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Airbus cuts A330 orders, claws back Russia deliveries

PARIS, (Reuters) - Airbus lost a fifth of outstanding orders for its A330neo long-haul jet in March as the plane's largest customer went through restructuring, but won sales elsewhere for more than 100…

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Airbus expects India orders to make up 6% of its total over next 20 years

HYDERABAD, India, March 24 (Reuters) - Airbus SE AIR.PA said on Thursday it expects Indian airlines to order 2,210 jetliners over the next 20 years, making up about 6% of the European manufacturer's projected…

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Airbus halts Russia parts, studying engineering centre options

PARIS, March 2 (Reuters) - Airbus said on Wednesday it had stopped sending spare parts to Russia and supporting Russian airlines, but was analysing whether its Moscow engineering centre could keep providing services…

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Airbus upbeat on freighter sales, plays down supply chain fears

SINGAPORE, Feb 14 (Reuters) - Airbus voiced optimism on Monday about sales of a new A350 freighter after rival Boeing launched a competing cargo version of its future 777X jetliner.…

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Airbus to create own airline to rent out whale plane

Airbus plans to charter out its whale-shaped Beluga transport planes - whose main job until now has been to ferry aircraft parts between its plants in Europe - to help…

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End of an era: Airbus delivers last A380 superjumbo to Emirates

PARIS, Dec 16 (Reuters) - Airbus is set to deliver the final A380 superjumbo to Dubai's Emirates on Thursday, marking the end of a 14-year run that gave Europe an…

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Lufthansa adds four new Airbus A350s to its fleet

Lufthansa said has agreed to lease four new Airbus A350-900 long-haul passenger jets, taking on newer planes left without homes as airlines restructure their balance sheets amid the coronavirus crisis.…

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Airbus sees 1,000 German jobs at risk without parts unit spinoff – source

Airbus has warned employees of hundreds of possible job losses at its small-parts manufacturing business in Germany if the unit is not hived off in line with a cost-cutting strategy…

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Airbus challenges Boeing cargo dominance with A350 freighter

Europe's Airbus took aim at one of Boeing's most profitable strongholds on Thursday with plans for a freighter version of its A350 passenger jet, gambling that a pandemic boom in…

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Airbus jet deliveries rose 52% in first half of 2021

Airbus delivered 297 airplanes in the first half of the year after a surge of handover activity in June, the European planemaker said. Deliveries, which have been recovering from a…

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Cathay working with Airbus on single-pilot system for long-haul

Cathay Pacific is working with Airbus to introduce "reduced crew" long-haul flights with a sole pilot in the cockpit much of the time, industry sources told Reuters. The programme, known…

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Airbus tells EU hydrogen won’t be widely used in planes before 2050

Most airliners will rely on traditional jet engines until at least 2050, with the introduction of zero-emissions hydrogen limited to regional and short-range planes, Airbus told European Union officials in…

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European consortium led by Airbus to design EU quantum internet

The European Commission has selected a consortium of companies and research institutes to study the design of the future European quantum communication network, EuroQCI (quantum communication infrastructure). It will enable…

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Airbus sets higher jet output targets as recovery looms

Airbus ramped up its jet production targets on Thursday, backing signs of global recovery and strengthening its hand ahead of talks with suppliers about how to share investments needed to…

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Court rules Air France, Airbus should stand trial over 2009 crash – prosecutor

A French court has ruled that Air France and Airbus should stand trial over a 2009 crash in the Atlantic Ocean which killed 228 people, a judicial source from the…

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Airbus shakes up aero parts manufacturing

Airbus has launched the biggest shake-up of its manufacturing network in more than a decade, with large-parts activities reorganized in France and Germany and some small-parts production hived off ahead…

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Airbus exploring hybrid-electric aircraft technology

Airbus is working on hybrid-electric propulsion among the options for reducing jetliner emissions, the European planemaker said. It disclosed the initiative in a document projecting more than a million tonnes…

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Airbus CEO urges trade war ceasefire, easing of COVID travel bans

PARIS, Feb 20 (Reuters) - The head of European planemaker Airbus called on Saturday for a "ceasefire" in a transatlantic trade war over aircraft subsidies, saying tit-for-tat tariffs on planes…

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Airbus sees stable aircraft deliveries after 2020 loss

European planemaker Airbus restored business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020. Airbus, which has overtaken U.S.…

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Air France and Airbus face Paris trial call over deadly crash – source

PARIS (Reuters) - The Paris public prosecutor has requested that Air France and Airbus stand trial on charges of manslaughter over the 2009 crash of flight AF447 from Rio de…

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About 500 Airbus staff under quarantine after Hamburg COVID-19 outbreak

BERLIN, Jan 24 (Reuters) - Airbus said on Sunday about 500 of its staff had gone into quarantine after 21 workers at its aircraft factory in Hamburg tested positive for…

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Airbus says delivered 64 aircraft in November

PARIS, Dec 7 (Reuters) - Airbus delivered 64 aircraft in October, bringing the total so far this year to 477, the planemaker said on Monday. Deliveries included 7 wide-body A350…

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EU’s Dombrovskis tells US to withdraw tariffs

The European Union's new trade chief Valdis Dombrovskis has told the U.S. to withdraw tariffs on more than $7 billion of EU products or face additional duties on exports to…

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Airbus executive says aviation outlook worse than expected

The outlook for the aviation industry has deteriorated again due to rising coronavirus infections and renewed travel restrictions, Airbus chief operating officer Michael Schoellhorn was quoted as saying on Saturday.…

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Photo Story: German air force receives new Airbus A350

The new Airbus A350-900 plane for the German air force (Luftwaffe) before the handover ceremony at the Lufthansa Technik plant in Hamburg, northern Germany, 20 August 2020. The aircraft is…

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French govt calls on Airbus to make as few compulsory job cuts as possible

The French government is urging Airbus to make as few compulsory redundancies as possible, French junior transport minister Jean-Baptiste Djebbari told BFM TV on Wednesday. Airbus announced on Tuesday 15,000…

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Airbus to cut 15,000 jobs to survive coronavirus crisis

Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralysed air travel. Airbus is moving…

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Airbus CEO sees production down 40% over the next two years

Airbus plane output will be 40% lower for two years compared to pre-crisis plans, its chief executive said in remarks published on Monday, underscoring the threat to jobs as it…

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Airbus extends furloughs in UK, Spain in latest effort to tackle COVID-19 fallout

European planemaker Airbus SE announced it is extending furlough programs for 5,300 of its employees in Spain and the United Kingdom in its latest effort to cope with the…

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Airbus warns it may sue airlines over undelivered jets

Airbus is ready to sue airlines that refuse to honour contracts to take aircraft, its chief executive was quoted on Friday as saying, raising the stakes in a stand-off between…

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Pakistan airliner flight data recorder retrieved

The flight data recorder from the Pakistani airliner that crashed into a residential neighbourhood of Karachi has been found, an official said on Saturday, as the death toll rose to…

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Airbus deliveries plunge 80% in April

Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday. The handovers,…

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Airbus core profit plunge as coronavirus crisis starts to bite

European planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the…

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Airbus boss warns company in dire straits

The chief executive of Airbus has reportedly issued a stark assessment of the impact of the coronavirus pandemic on the plane maker. In a letter to workers, seen by…

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Airbus to cut jetliner production

European manufacturer Airbus announced plans to cut jetliner production across the board after the coronavirus epidemic triggered aviation's worst industrial crisis and drastically reduced deliveries to cash-starved airlines. In its largest-ever…

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Airbus plans to cut thousands of jobs throughout Europe

Airbus announced it planned to cut 2,362 jobs in its Defence and Space division, which is headquartered near Munich, over the next two years. The European multinational aerospace company will cut 829 jobs in…

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Airbus proposes a solution to protect Earth from asteroids

It’s a scenario worthy of a Hollywood movie thriller: an approaching asteroid threatens the Earth, and an industry team is busily working on converting a telecommunications satellite into a kinetic…

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Pegasus Airlines aircraft evacuated after one of wheels was on fire

A Pegasus Airlines jet was evacuated after landing at Germany's Düsseldorf Airport on Saturday when airport ground crew noticed one of its wheels was on fire, according to airport authorities.…

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Airbus agrees to settle bribery and corruption investigations

Airbus confirmed that it had agreed to settle bribery and corruption investigations with authorities in the US, the UK, and France. The European aircraft maker said that the agreements remain…

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Airbus ousts Boeing as biggest plane maker

Europe's Airbus has become the world's biggest plane maker this year as its US rival Boeing struggles to get its bestselling MAX jets back in the skies. Airbus — which…

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Airbus Helicopters considers giving up factory in Romania

Airbus is considering giving up the completion of its new helicopter factory in Brasov, central Romania, where it has already invested EUR 10 million of a total of EUR 15…

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Airbus sees strong demand for its new commercial aircraft products at Paris Air Show 2019

During the 2019 Paris Air Show, Airbus achieved new business for 363 commercial aircraft, comprising 149 firm orders and 214 commitments. In addition to these totals, airlines and lessors also…

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Midday Corporate Dispatch – Financial and Corporate News

Eurozone wage growth accelerated at its fastest pace in a decade in the first quarter, underpinning the region’s economic expansion even as the export-led manufacturing sector suffers amid weakening global…

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Airbus celebrates its 50th anniversary

Airbus kicked off its 50th anniversary celebrations in style today with a flypast over its Toulouse headquarters. A formation of Airbus family aircraft, including the A220, A320 Family, A330neo, A350…

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USA threatens to impose new tariffs on European products over subsidies to Airbus

The White House on Monday threatened to impose new tariffs on European products over subsidies to aerospace giant Airbus. The FT reports that the US is weighing tariffs on $11bn of…

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Documents raise suspicion of bribes in Egyptair – Airbus deal

Der Spiegel reports that there are suspicions of bribery in a deal which saw Egyptair purchasing seven Airbus A330 aircraft. The report states that for Airbus, the deal signed in…

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Cooperation between China and Europe dominates meetings’ agenda

Cooperation is the mainstream in China-Europe relations, and even if there are differences and competition, it is benign competition, Chinese President Xi Jinping said on Tuesday during a visit to…

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Airbus has begun shore-to-ship trials with its Skyways drone

Airbus has begun shore-to-ship trials in Singapore with its Skyways parcel delivery drone. This marks the first time drone technology has been deployed in real port conditions to deliver…

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Corporate Dispatch Morning Briefing – Thursday

Good morning Your morning briefing gives you an overview of the salient news from Malta and around the world. Bank of Valletta said this morning that following yesterday’s events, it…

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Emirates express disappointment after Airbus announced it will stop making A380s in 2021 (Updated)

Airbus announced that it will be stopping to make the superjumbo aircraft A380 as of 2021, citing problems to win clients as main source. Airbus has on Thursday announced plans…

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Saturday Morning Briefing

Good morning, From Malta to Kazakistan via Italy, to the UK and Brussels, from Libya to Singapore and our obvious stop in the US our morning briefing presents you how…

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Airbus completes first test flight of Beluga XL ‘flying whale’

CNN: Airbus recently made a big splash with its design for the latest version of its Beluga transport airplane, and now the company reports the first of five aircraft has successfully…

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14,000 jobs at risk as Airbus warns it could leave UK after Brexit

Airbus has warned it could leave the UK if the country exits the European Union single market and customs union without a transition deal. The European planemaker said the warning…

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Aviation bosses air their concern on trade tariffs war

CNBC reports that global airlines and aviation executives warned on Sunday about the growing international trade tensions could damage the airline industry and the world economy. Alexandre de Juniac, director general of the…

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WTO rules against the European Union in landmark Airbus, Boeing judgement

The World Trade Organisation ruled on Tuesday the European Union had ignored requests to halt all subsidies to plane maker Airbus, prompting the United States to threaten sanctions against European…

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