Airbus SAS plans to lift the seat count on the A340 wide-body jet and cut maintenance costs in an effort to prop up the market value for its longest aircraft, which went out of production two years ago after slack sales.
Airbus chief salesman John Leahy is among seven current and former executives of European Aeronautic, Defence & Space Co. who face trial on charges of insider trading in shares of Europe’s biggest aerospace company.
Airbus SAS may add winglets to the A380 to improve fuel efficiency and work with customers to pack more people onto the super-jumbo without sacrificing comfort in a bid to boost the profitability of flying the airliner.
Boeing Co. and Airbus SAS leave the Dubai Air Show with diverging prospects for their order momentum, with the Boeing 777X set to be a global hit while the Airbus A380 risks becoming a niche jet for Mideast carriers.
Airbus SAS said it’s A330 twin- aisle jet could remain in production for another decade as low- cost airlines led by Ryanair Holdings Plc seek cut-price planes for the introduction of long-haul services.
Airplane-leasing billionaire Steven Udvar-Hazy hates to wait. When the chairman and chief executive officer of Air Lease Corp. is ready to take off in his Gulfstream IV jet from Los Angeles’s Van Nuys Airport one August morning, he drives straight up to the plane in his black Volks- wagen Jetta, bounds up the stairway, throws off his suit jacket and hops into the pilot seat.
Airbus SAS, the largest maker of commercial aircraft, faces the dilemma of overstretching suppliers to boost single-aisle output or losing sales to Boeing Co. because it can’t produce its bestseller fast enough.
Airbus SAS Chief Operating Officer John Leahy and Erik Pillet, the former human resources director at the European Aeronautic Defence and Space Co. unit, were charged by a Paris investigating judge with insider trading.