World&#39;s Biggest Aerospace Company in Offing?
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France and Germany appeared headed for another industrial row on Monday over a French plan to merge Airbus parent EADS with French defense group
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Airbus and Boeing will still dominate the market for large passenger aircraft 10 years from now despite the ambitions of Russia and China in this area, an Airbus executive said on Thursday.
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The biggest passenger airliner the world has ever seen will roll out of its hangar for the first time next week to proud smiles from European leaders who backed its construction -- and a scowl from the US company Boeing, whose king-of-the-skies status has been lost.
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German-based global aviation giant Deutsche Lufthansa AG (Lufthansa) is brewing a bold long-term business strategy to further tap into the fledgling but promising Chinese market, thanks to the new and more ...
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Geneva - China is expected to be the world&#39;s fastest-growing market for air travel as the world&#39;s airlines look for global growth in passenger traffic of 6 percent annually over the next four years, the top industry body said on Wednesday.
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Airbus SAS Chief Executive Officer Noel Forgeard, who turned the European company into the world&#39;s largest planemaker, will replace Philippe Camus as co-CEO of its parent, European Aeronautic, Defense &amp; Space Co.
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The equipment manufacturer may have hit its peak.
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Quick -- what&#39;s the world&#39;s largest toy distributor? Nope, it&#39;s not Toys &quot;R&quot; Us (NYSE: TOY). (Toys &quot;R&quot; Us, while indeed a large toy vendor, is actually exiting the toy business to a large degree, opting to
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The company&#39;s CEO says an aircraft to compete with the 7E7 Dreamliner could be offered by the end of the year. Airbus SAS plans to challenge Boeing Co.
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Airbus is considering a transfer of A380 superjumbo production work to France from Germany and assembly of a planned A350 mid-sized jet could also be based at Toulouse, Chief Executive Christian Streiff said in an interview published Thursday.
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BAE Systems, the largest military contractor in Europe, said profit tripled last year as a result of expanded operations in the United States and the sale of its stake in the commercial airplane maker Airbus. BAE added that it expects continued strong growth this year, supported by increased military spending by the United States. BAE said profit last year rose to Â£1.64 billion ($3.2 billion) from Â£553 million in 2005. Revenue from continuing operations rose 9 percent, to Â£13.77 billion ($26.9 billion). The chief executive, Michael J. Turner, above, said BAE planned to use income from the sale of its stake in the European Aeronautic Defense and Space Company, the parent of Airbus, to make acquisitions.
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ISN SECURITY WATCH (08/10/04) - The fierce competition between aerospace giants Airbus and Boeing is heating up, as the US and EU take their complaints to the World Trade Organization (WTO), protesting against what they call unfair subsidies for the two
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By Brian McIver  THE world's superpowers have always dominated the space race.  But with companies and agencies all rushing to attract tourists and commercial passengers to the heavens, Europe and Britain are now leading the way.
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Late in August, Boeing&#39;s top sales execs flew to Singapore for a crucial sales pitch. They were close to persuading Singapore Airlines, one of the world&#39;s leading airlines, to buy the American company&#39;s new jet, the mid-sized 7E7.
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Boeing's huge Delta 4-Heavy rocket, set for lift-off on Saturday, may play a role in life after the space shuttle.
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Shares in EADS, the parent of jet-maker Airbus, rose Wednesday on reports that a Russian bank had bought more than 4 percent of its stock. But EADS retracted an earlier comment in which it said Moscow-based Vneshtorgbank had confirmed the acquisition.
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That&#39;s about one percent of the total work force for the world&#39;s largest automotive supplier. The Troy, Michigan-based company had set the same goal for this year and exceeded it through attrition.