Airbus Boeing

Continuing revival plans, Air India places order for 85 Airbus jets: Report

Airbus said on Wednesday an unnamed customer had placed an order for 75 A320-family jets and 10 long-haul A350s

Airbus faces pressure as lower deliveries highlight challenging target

Airbus and Boeing supplier Senior said on Tuesday it was cutting headcount in response to challenges in commercial aerospace manufacturing, sending its shares tumbling

Boeing workers in for 'long haul' after pay talks collapse: Union leader

Reaching an accepted deal is critical for Boeing, ratings agency S&P estimates the strike is costing it $1 billion a month and it is at risk of losing its prized investment grade credit rating

Airbus deliveries fall to 50 aircrafts in Sep, books fresh demand of 200

Airbus is targeting 770 deliveries for the full year after reducing its goal from 800 jets in July, citing shortages of engines and other parts

Boeing halts talks, withdraws pay offer to striking 33,000 factory workers

The striking union of its West Coast factory workers is seeking a 40 per cent pay rise over four years and the restoration of a defined-benefit pension that was taken away in the contract a decade ago

Airbus will increase sourcing of components from India: CEO Guillaume Faury

Airbus will increase sourcing of components from India, which offers plenty of opportunities, according to the aircraft maker's CEO Guillaume Faury. The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros during the period from 2019-2024, he said. The company has more than 100 suppliers in India. At a press briefing in the national capital on Monday, Faury, who is also the Chairman of the French Aerospace Industries Association (GIFAS), said there are plenty of opportunities in India. "We will be continuing to grow (sourcing of components)... We will continue to double around every 5 years, that is in the next decade to come. It is a stable pace," he said. In 2023, for the first time, there was more equipment to be placed on aircraft, helicopters than IT services. The lines have crossed, he added. Companies that are part of GIFAS make procurement worth USD 2 billion annually

NASA, Boeing, Coast Guard representatives to testify about Titan implosion

Representatives for NASA, Boeing Co. and the US Coast Guard are slated to testify in front of investigators on Thursday about the experimental submersible that imploded en route to the wreckage of the Titanic. OceanGate co-founder Stockton Rush was among the five people who died when the submersible imploded in June 2023. The design of the company's Titan submersible has been the source of scrutiny since the disaster. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Some of the testimony has focused on the troubled nature of the company. Thursday's testimony is scheduled to include Justin Jackson of NASA; Mark Negley of Boeing Co.; John Winters of Coast Guard Sector Puget Sound; and Lieutenant Commander Jonathan Duffett of the Coast Guard Office of Commercial Vessel Compliance. Earlier in the hearing, former OceanGate operations director David Lochridge said he frequently clashed with Rush and fel

Boeing gives workers' union additional time to vote on latest offer

Boeing's tactics have also puzzled some long-time observers of the planemaker's labor relations

Boeing, striking union set to resume contract talks on Wednesday

Boeing and the U.S. Federal Mediation & Conciliation Service did not immediately respond to emails seeking comment outside normal business hours

Boeing, union negotiators to resume talks as striking workers dig in

The top negotiators at Boeing and the International Association of Machinists and Aerospace Workers (IAM) will meet with federal mediators in Seattle on Tuesday for preliminary talks, as per reports

Boeing strike could drag on as workers push for higher wages: Union leader

Boeing and negotiators are due to return to bargaining table next week, in talks overseen by US federal mediators, after more than 94 per cent of workers voted to reject the endorsed contract offer

Boeing's US factory workers go on strike, halting 737 MAX production

Boeing said it was ready to get back to the negotiating table, a sign that it could sweeten the deal

Boeing workers vote on whether to strike, shut down aircraft production

Boeing waited to learn Thursday whether 33,000 aircraft assembly workers, most of them in the Seattle area, are going on strike and shutting down production of the company's best-selling planes. Members of the International Association of Machinists and Aerospace Workers were voting on whether to approve a contract offer that includes 25% pay raises over four years. If the factory workers reject the contract and two-thirds of them vote to strike, a work stoppage would begin Friday at 12:01 a.m. PDT. A walkout would not cause flight cancellations or directly affect airline passengers, but it would be another blow to Boeing's reputation and finances in a year marked by problems in its airplane, defense and space operations. New CEO Kelly Ortberg made a last-ditch effort to avert a strike, telling machinists Wednesday that no one wins in a walkout. For Boeing, it is no secret that our business is in a difficult period, in part due to our own mistakes in the past, he said. Working ...

Boeing's shares rise after tentative labour deal that could avert strike

The proposed four-year contract was hailed by the union as the best it had ever negotiated and was cheered by investors, however, it is far from a done deal

Global aviation market: Boeing faces a steep climb in catching up to Airbus

The two companies form a duopoly in the global passenger plane market, but Airbus has far outproduced and outsold Boeing in recent years

New Boeing CEO Kelly Ortberg faces big overhaul, from factories to finances

His extensive to-do list includes mending relationships with airlines and employees, boosting output, repairing company finances and securing a labor deal to avoid a possible worker strike

Boeing restoring output, expects 787 suppliers to catch up by year end

Boeing halted deliveries of the 787 widebody jet for more than a year until August 2022 as the FAA investigated quality problems and manufacturing flaws

Boeing guilty plea in crash case delayed as US Justice Dept finalises deal

The plea agreement will allow Boeing to avoid a criminal trial after the Justice Department determined that the company breached a 2021 deferred-prosecution agreement over two fatal crashes

Airways major Lufthansa slashes 2024 profit target for a second time

Equity analysts said Lufthansa's decision was not surprising, given its cost challenges linked to strikes earlier this year and delivery delays from plane manufacturers

Boeing agrees to purchase Spirit Aero for $4.7 billion in stock deal

Boeing plans to take control of the Spirit's manufacturing that supports its commercial jet line-up, including building frames for its cash-cow 737 Max