Boeing Makes Bid for Key Supplier Spirit AeroSystems
Boeing has reportedly offered to acquire Spirit AeroSystems in a deal valued at approximately $35 per share, with the majority of the transaction funded through stock. This offer represents a…
Airbus In Talks to Acquire Operations at Four Spirit AeroSystems Plants
Airbus is poised to take over all or part of the operations of four Spirit AeroSystems plants as part of an impending deal that involves a carve-up of the U.S.-based…
British Airways A380 Faces Takeoff Troubles, Departs London Late
A British Airways flight bound for Los Angeles (BA269) experienced a tense situation on Sunday, June 2nd when the Airbus A380 (Reg. G-XLEJ) aircraft aborted takeoff attempts twice before finally…
Airbus and Saudia Group Sign Major Deal to Bolster Kingdom’s Aviation Ambitions
In a landmark deal announced at the Future Aviation Forum in Riyadh, Saudi Arabia, Airbus and Saudia Group, the parent company of the Kingdom’s national carrier Saudia and budget airline…
Spirit CEO Affirms Commitment to Airbus Despite Potential Boeing Acquisition
Despite Boeing‘s potential acquisition of Spirit AeroSystems, the company’s CEO, Patrick Shanahan, expresses confidence in their enduring partnership with Airbus. This comes amidst ongoing negotiations between Boeing and Spirit, a…
Aviation Veteran Robin Hayes Takes the Helm at Airbus Americas
Airbus has appointed Robin Hayes, the former CEO of JetBlue Airways, as its new Chairman and CEO for North America. Hayes brings a wealth of experience to the role, boasting…
American Airlines and Airbus Team Up for Major A320 Family Upgrade
In a significant fleet modernization move, American Airlines has inked a substantial agreement with Airbus to retrofit 150 of its A320ceo family aircraft. This deal, announced on March 10, 2024,…
Airbus Soars in First Quarter with 12% Increase in Jet Deliveries and Strong Order Book
Airbus, the European aircraft manufacturer, reported a positive start to 2024 with a 12% increase in jet deliveries for the first quarter. This marks a significant achievement for the company,…
Four A380s To Be Scrapped Amid High Demand for Spare Parts
The global aviation industry has been severely hit by the COVID-19 pandemic, leading to a significant decline in air travel. Airlines are struggling to stay afloat amidst the crisis and…