The long-running probe into Europe’s largest aerospace manufacturer has come to an end and it’s not looking good for Airbus. The European manufacturer has been ordered to pay a record $4 billion to settle allegations of widespread illicit payments to middlemen across the world in countries such as China, South Korea, Japan, Colombia, Ghana, and more. This agreement comes as a deal with U.S., UK and French prosecutors as part of a so-called deferred prosecution deal, becoming the largest international…
Reuters has reported that 863 Airbus aircraft were delivered to customers in 2019 exceeding the manufacturer’s forecast target for aircraft deliveries. The news agency is citing ‘airport and tracking sources’ for the unaudited figure which the European manufacturer refused to comment on pending official confirmation later this month. If the…
Airbus had a strong October and looks to be finishing off the year on a solid note, albeit a slight reduction in expected aircraft to be delivered. The airplane manufacturer clocked in a series of wins in October that left an already injured Boeing even further behind. Airbus reported 415…
In a celebration held in Renton, Wash., Boeing officially rolled out its 10,000th 737 aircraft, which is destined to be delivered to Southwest Airlines. This milestone for the aircraft manufacturing giant marks a new Guinness World Records title for the "Most Produced Commercial Aircraft Model." The 737 reached its 5,000…
In an unexpected and shocking outcome, the U.S. International Trade Commission voted unanimously in favor of Canadian builder Bombardier, stating that the 108-seat CS100 does not represent a threat to the sales of Boeing's 737-700. The dispute started in April 2017, when Boeing filed a complaint with the US Commerce…
Brazilian aircraft manufacturer Embraer, the world's third commercial constructor, delivered a total of 210 jets in 2017. Of the 210 aircraft, 101 were commercial aircraft and 109 were executive jets (72 light and 37 large). These deliveries were well within the outlook ranges Embraer set for 2017: 97 to 102 commercial jets,…
On Monday, two aircraft manufacturing giants, Airbus SE and Bombardier Inc., announced their partnership to manufacture and sell Bombardier's newest line of aircraft, the C Series. This is the first partnership on a new aircraft program between European-based Airbus and Canadian-based Bombardier, as airlines are rushing to acquire new small,…
Aviation has been around for more than a century now since the Wright Brothers invented the airplane. Still regarded as one of the most technologically advanced industries, aviation has seen the rise and fall of airlines, manufacturers, and other companies since its inception. This has led to cities developing into…
