EADS, the owner of European planemaker Airbus, has said that operating profits for the third quarter of the year are down by 15 per cent to 322 million euros. The company has also announced that there will be delays to the delivery of its A350 jets. Revenues for the aerospace giant have also fallen by [...]

Airbus has had a new factory in Broughton officially opened by Prime Minister David Cameron. The North Factory, which cost £400 million, will construct carbon fibre based wings for the new Airbus 350 model. At the opening, Mr Cameron said the factory demonstrated the planemakers confidence in its UK work force. Airbus said that opening [...]

Production at Airbus assembly plants in Germany has been disrupted after thousands of members of the IG Metall union voted to walk out. The industrial action has taken place after the planemaker and union failed to come to an agreement over job guarantees and productivity gains. The dispute has been going on for around 18 [...]

Sir Stelios Haji-Ioannou, the often outspoken founder of low-budget carrier easyJet, has announced that he is to establish a brand new airline to be called FastJet. Sir Stelios and his family currently control 38 per cent of easyJet, but it has not been a particularly easy ride recently with the magnate entering into a number [...]

British Airways has said it is looking into replacing its aging 747 aircraft with newer wide-body jets. The news comes via Alexander Grant, fleet planning manager for the UK flag carrier, who said to reporters in Barcelona the that the company is looking at forthcoming aircraft from both US-based Boeing and France-based enterprise Airbus. The [...]

China Southern has begun a campaign to challenge regional rivals Cathay Pacific and Singapore Airlines with the introduction of Airbus A380 Aircraft. The company has recently ramped up its domestic flight services, which made it the largest carrier in Asia in terms of passenger numbers, and now intends to take on its Hong Kong and [...]

Paris-based carrier Air France has announced an immense order for new aircraft that will be split between US jetmaker Boeing and France’s Airbus. The massive purchase will total nearly €9 billion (£7.5 billion) and includes 25 Airbus A350 aircraft and about 25 Boeing 787 Dreamliners. Air France-KLM, which is Europe’s largest airline, says the move [...]

In a bid to cut back on its operating costs, Philippine Airlines has announced that it will be shedding around 2,600 jobs. The carrier said it would be looking to outsource positions in departments including passenger handling and catering. The carrier said that members of staff who found themselves affected by the job losses might [...]

Australia’s Qantas announced this week plans for a major fleet upgrade and two new airlines in Asia. The move, which experts see as a do or die effort for the struggling carrier, will involve the launch of a new budget airline in Japan, a new premium brand airline in Asia and about US $9 billion [...]

French aviation officials have reported that the pilots in the Air France Rio crash hadn’t received proper training. The accusation comes via the BEA, France’s accident investigation agency, which said that the pilots of the 2009 crash were supposed to have received training on how to deal with repeated stall warnings, which Air France denies. [...]