Airbus

French Government Approves 15 billion Euro Rescue Package

The French state continues to distribute aid to economic sectors impacted by the COVID-19 pandemic. After implementing a plan of 18 billion euros to save the tourism industry and another 8 billion euros for the automotive industry, it was the turn for aviation. The Minister of Economy and Finance, Bruno Le Maire, announced recently a […]

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Airbus Threatens to Sue Airlines Following Calls to Defer Deliveries

Airbus does not appear poised to retreat from an escalating dispute with the airlines over outstanding aircraft orders, as the European aircraft manufacturer announced this week that taking legal action will be the last resort if the airlines do not compromise. Guillaume Faury, the chief executive officer of European aerospace corporation Airbus, warned that failure […]

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Aegean Airlines Turns 21 as it Restores International Flying

For many, the 21st birthday is an exciting milestone, a celebration of the past, present and future. In Athens, Greece, Aegean Airlines recently celebrated its 21st birthday on May 28 as the carrier works to weather the worst crisis in the history of aviation. Since the sale of Olympic Airlines in 2009, Aegean has become […]

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Airbus Wins ESA Contract to Construct Space Module for NASA’s Orion Spacecraft

The European Space Agency (ESA) has awarded Airbus the contract to allow the aircraft manufacturer to construct the third European Service Module (ESM) for Orion, the American crewed spacecraft. The ESA’s order for this additional module ensures that the National Aeronautics and Space Administration (NASA) is able to continue its Artemis program.   Within the Artemis […]

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Pakistan International Air Flight 8303 Crashes After Aborted Approach

A Pakistan International Airlines Airbus A320 has crashed near Karachi Airport, Pakistan, while operating a domestic service as flight 8303 from Lahore. So far the airline has reported that there were 91 passengers and seven crew members onboard the aircraft that went down in a residential area to the southeast of the airport. Rescue efforts […]

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Airbus Reaches A220 Milestone With New U.S. Production Facility

Airbus’ U.S. production capabilities have begun a new chapter following the inauguration of the newly completed 270,000-square-foot hangar designed to host the final assembly line of the A220 commercial aircraft. This facility, situated in Mobile, Alabama consists of five primary assembly areas where the different components of the airframe will come together for the final […]

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Air France Announces Immediate Retirement of A380 Fleet

Air France has announced it will immediately retire its Airbus A380 fleet following the impact of the COVID-19 crisis. The airline was due to retire nine A380s from its fleet by 2022, however, the French flag carrier has brought this date forward. In a statement, the airline said: “In the context of the current COVID-19 […]

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Emirates Group Reportedly Considers Mass Layoffs

The Emirates Group is considering a plan to cut around 30,000 jobs, reducing the number of employees by around 30%, Bloomberg News reported on Saturday, citing sources familiar with the matter. The Dubai, United Arab Emirates-based group is comprised of Emirates in addition to Dubai National Air Transport Association (dnata), a company providing ground services […]

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