manufacturing

Airbus CEO Guillaume Faury said the company could prioritize deliveries to its non-U.S. customers if tariffs impacted its American imports.

The price tag on the merger described by Boeing as an “all-stock transaction” is $4.7 billion, or $37.25 per share, and is expected to close in 2025.

The strong yearly performance was driven by the record-breaking deliveries number, allowing for the proposal of a special dividend for shareholders.

Airbus beat both its competitor, Boeing, and also industry records when it comes to annual orders and deliveries in 2023.

Speaking at the Embraer Media Day 2022 event in Sao José dos Campos, the Brazilian company’s CEO, Francisco Gomes Neto, said that the non-conclusion of the agreement with Boeing caused “suffering,” given that Embraer had prepared for it. “We started to reintegrate Embraer Commercial. It was a painful and expensive process but we are now […]

Today, when you board a newly-built commercial aircraft like the A350 or B787, you are stepping onto an unprecedented global feat of engineering. There aren’t many other endeavors on such a grand scale and scope that draws upon the world’s engineers and manufacturers like a commercial aircraft does.  Building a large commercial passenger aircraft is […]

Embraer delivered its financial results for the year 2019 which some analysts consider to be below expectations. This will add to the fact that the joint venture with Boeing is now delayed as the European Union says it sees a risk for diminished competition in the airliner market. Embraer delivered 35 commercial jets and 46 […]

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 […]

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 number of deliveries is verified […]

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 airplane orders in November, with […]