airbus

Psst! Buddy! Want to Buy an Airplane ... Cheap?

Boeing has been announcing a significant number of multibillion dollar deals lately. But the aircraft maker's excellent news comes with a caveat: All of its customers have been scoring hefty discounts to the planes' sticker prices. What gives? Read on ...

Yes, Emerging Markets Still Hold Promise

The moods that dictate underlying prices can quickly swing from one extreme to the other and that creates opportunities for investors. For instance, the rush back to domestic markets is leaving opportunity on the table overseas again.

It's All-Out War in the Aircraft Industry

Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political battles, such battle lines are drawn between states as well. Witness the just-completed competition between blue state Boeing and red state Airbus.

Measuring Rich People's Toys Against Average Incomes

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.

Airbus Revamps A320 for 15% More Fuel Efficiency

Airbus will overhaul its A320 jet to offer 15% more fuel efficiency. Airbus will spend more than 1 billion euros ($1.3 billion) on the "A320neo" project, which will improve efficiency and reduce emissions, Reuters said.

Skymark Airlines May Buy 15 A380s for International Flights

Japanese low-cost airline Skymark may buy as many as 15 Airbus A380s as it expands into international flights. The planes would be delivered starting 2014 and would initially fly to destinations including London, Frankfurt and New York, Bloomberg News reported. Skymark has already signed a memorandum of understanding with Airbus to buy four A380s.

Rolls-Royce to Miss 2010 Profit Target After Qantas Incident

One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010. Rolls-Royce said that growth in underlying profit will be "slightly lower" than the expected 4% to 5%, Bloomberg News reported.

Should Qantas Dump Airbus 380s for Boeing 747s?

Qantas has a lot riding on its reputation for safety, which only raises the stakes for the airline after the engine explosion on one of its Airbus A380s Thursday. It temporarily grounded its six A380s, but the airline needs a long term solution. Is that old workhorse the Boeing 747 the answer?

Qantas CEO Says 'Design Issue' May Have Caused Engine Failure

A flawed part or design failing may have caused the engine on board a Qantas Airways (QUBSF) Airbus A380 to explode in mid-air, Qantas CEO Alan Joyce said. The explosion on a Thursday flight from Singapore to Sydney, Australia scattered debris across an Indonesian island and forced the plane to make an emergency landing at Singapore.

Qantas Grounds Airbus A380 Fleet After Emergency Landing

Qantas Airways (QUBSF) suspended all flights of Airbus A380s after one of its fleet was forced to make an emergency landing following engine failure. The A380 fleet will remain grounded "until we are confident that Qantas safety requirements have been met," CEO Alan Joyce said in a statement.

Orders for Boeing's 787 Jet Keep Falling

Boeing has had more canceled orders for its 787 jet than new orders now that aircraft-leasing company Dubai Aerospace Enterprise has stopped 25 orders in the past month.

Boeing to Submit Defense Contract Bid as EADS Tensions Rise

Boeing is expected to submit a bid for a $35 billion Air Force tanker contract today, as tensions build over subsidies to its rival, the European Aeronautic Defense and Space Company. EADS submitted an 8,800-page bid for the contract yesterday based on the Airbus A330-200, The New York Times reported. The World Trade Organization said last week that this model received illegal subsidies in the form of low-cost loans from European governments.

Boeing Beats Estimates, but Cuts Its Forecast

The airplane maker and defense contractor still expects to deliver the first of its new 787s by the end of this year following numerous delays. And it's facing yet another twist in the endless Air Force tanker bidding.