Airbus SAS said it must step up efforts to market its flagship A380 as it still lacks buyers for some of the 30 double-decker planes it wants to build and deliver in 2015, the year the program is supposed to break even.
Rolls-Royce Holdings Plc said it will receive 293 million euros ($382 million) in cash from the sale of half of a military helicopter-engine joint venture to partner Safran SA as it cleans up its holdings.
European network carriers including Air France-KLM Group and Deutsche Lufthansa AG face a heightened challenge from both local discount airlines and Gulf operators serving routes to Asia, analysis by Amadeus IT Holding SA shows.
Deutsche Lufthansa AG may seek deeper ties with Turkish Airlines to thwart competition from Gulf rivals and match European peers that already have Mideast partnerships, analysts said after Turkish media reports of talks on a merger.
European Aeronautic, Defence & Space Co. predicted record earnings for this year as Chief Executive Officer Tom Enders relies on the civil aviation business and whittles down defense activities to meet profitability goals.
Airbus SAS is poised to further lift production of its bestselling A320 jet series as airlines seek more fuel-efficient planes to cope with rising oil prices, helping the manufacturer fund construction of larger aircraft.
Boeing Co. is poised to win an order for 100 737 narrow-body aircraft from General Electric Co.’s jet-leasing unit, a boost in the U.S. company’s competition with Airbus SAS, two people with knowledge of the transaction said.