Airbus posts its first ever loss
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Despite record deliveries, Airbus posts a hefty loss for 2006, dragging down parent firm EADS.
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Airbus chief executive Louis Gallois said on Tuesday that the crisis-hit European plane manufacturer had turned the corner after a series of problems in the last few years.
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PARIS Aircraft maker Airbus is attacking a US decision to file a World Trade Organization complaint over subsidies Airbus. Airbus today says the US complaint shows that Washington is unwilling to negotiate
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European planemaker Airbus is cutting 1,600 UK jobs over the next four year as it looks to reduce costs.
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SEPTEMBER 16, 2004 (IDG NEWS SERVICE) - European plane maker Airbus SAS said yesterday that it has successfully completed the first in-flight trial of mobile phones and infrastructure equipment based on Global System for Mobile Communications (GSM
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Airbus  orders plunged by more  than half in the first six months of the year as confusion over  its product range robbed the company of wide-body sales  throughout the second quarter, new figures showed on Monday.
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Bombardier, the commercial aircraft maker, posted a quarterly loss after writing off its investment in the Metronet Rail subway unit in Britain.
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European plane maker Airbus conceded defeat to its US rival Boeing on Wednesday in the fierce competition for new orders in 2007, but both companies had record years.
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Despite record plane deliveries, Airbus posts a hefty loss for 2006, dragging down parent firm EADS.
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The Airbus A380, the world's largest passenger jet, took to the sky with a full load of passengers for the first time Monday, and the European aircraft maker announced further management changes in the wake of costly delays to the $13 billion jet program.
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Profit plunged 94 percent at EADS after its main unit, the aircraft maker Airbus, reported its worst year ever.
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Victims of A380 debacle Airbus CEO Louis Gallois this afternoon announced 10,000 lay-offs of "overhead staff" across the company's European operations in the wake of the A380 debacle.â¦
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Airbus landed another blow in its battle with rival aircraft maker Boeing with an order which could be worth up to $6bn (more than Â£3bn).
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Airbus put its stamp on aviation history yesterday, unveiling the world's largest commercial jet and raising the stakes in its 35-year rivalry with Boeing Co.
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France-based planemaker Airbus said on   Friday it had sold 22 aircraft in August, bringing its year   total to 222, well behind rival Boeing Co. BA.N which has   booked 548.
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The airline narrowed its fourth-quarter loss to $8 million, beating Wall Streetâs forecasts despite higher fuel costs.
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Airbus (EAD.PA: Quote, Profile, Research) has withdrawn a filing which gave support for Microsoft (MSFT.O: Quote, Profile, Research) in an antitrust case before the European Union&#39;s Court of First Instance, a source close to the