Reading Time: < 1 minute AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of more than $8 billion of the total debt they are owed. The airline said it is the only way to avoid liquidation and that the subsequent restructuring will allow it to become profitable again. As Bloomberg reports, “To avoid a liquidation and […]

Reading Time: < 1 minute Air France and Airbus are discussing a stretched version of the A220 to replace the French airline’s fleet of A320s. Air France recently received its first A220-300 and now is mulling the idea of a further stretched variant to replace its A320 fleet. “We have told Airbus for a long time that we would be […]

Reading Time: < 1 minute Air New Zealand and the aviation giant Airbus are getting into a partnership to explore how zero-emission aircraft could be launched in New Zealand. They have signed a Memorandum of Understanding as a consequence of which Air New Zealand will analyze the impact hydrogen aircraft would have on its operations. Airbus will share hydrogen aircraft […]

Reading Time: < 1 minute Airbus aircraft manufacturer delivered 40 planes in August to bring supplies of its new aircraft to 384 since the start of the year. Compared to the last three months, the number has thinned out – it delivered 47 in July, 77 in June, and 50 in May. The A320neo family of aircraft accounted for 80 […]

Reading Time: < 1 minute Airbus CEO Guillaume Faury has said that the plane manufacturer is looking at enhancing its existing aircraft models. “We have a good portfolio of platforms; we believe the evolution will be on those platforms, on systems, connectivity, energy management and decarbonisation,” he told the A4E Aviation Summit, asked where Airbus’ main product development focus lay. […]

Reading Time: < 1 minute Airbus said it would increase production of its A320neo to 64 aircraft per month by the second quarter of 2023. It is even more than the average output in 2019. The leading plane maker also asked its supply chain to adjust operations to allow a further rise to 70 aircraft in 2024. “The aviation sector […]

Reading Time: < 1 minute The aerospace giant Airbus has posted a profit for Q1 but at the same time has admitted that the “crisis is not over.” Based on the information it has provided in the report, 125 commercial aircraft were delivered, which is more than in Q1 2020. They included nine A220s, 105 A320 family, one A330 and […]

Reading Time: < 1 minute The European plane maker Airbus reports 72 commercial aircraft deliveries for March. The company delivered 4 A220, 60 A320 Family (57neo), and 8 A350. The aircraft were distributed between 34 customers, including IndiGo, Delta, Wizz Air, Frontier Airlines, Lufthansa, Viva Air, and more.  Total deliveries to date in 2021 are 125 to 44 customers. Airbus […]

Reading Time: < 1 minute SriLankan Airlines has sued Airbus for $1 billion for alleged corruption during the procurement of A350-900s and consequent damages and loss of reputation.  The issue traces back to the Crown Court judgment in the UK that found Airbus guilty of bribery concerning aircraft agreements. Sri Lanka’s flag carrier has also requested cancellation of the A350-900 […]

Reading Time: < 1 minute The European Commission has selected Airbus to study spacecraft manufacturing in space as part of the horizon 2020 Programme. The PERASPERA In-Orbit Demonstration project, also called PERIOD, aims to focus on satellite manufacturing in orbit. Producing directly in orbit will be a revolutionary way to design, build and operate space systems. It is much more […]