PARIS Europe's Airbus announced a new cut in production of its marquee A350 jet on Thursday as it swung to a larger-than-expected second-quarter loss in the face of the global pandemic.
SEATTLE/PARIS Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry's largest jetliners.
PARIS Europe's Airbus said on Friday it would increase loan repayments to France and Spain in a "final" bid to reverse U.S. tariffs and jog the United States into settling a 16-year-old dispute over billions of dollars of aircraft subsidies. | Video
PARIS France's Thales slashed financial forecasts for the year on Friday after seeing its profits fall by more than half in the first half, "heavily impacted" by the coronavirus crisis.
PARIS, July 24 France's Thales slashed
financial forecasts for the year on Friday after seeing its
profits fall by more than half in the first half, "heavily
impacted" by the coronavirus crisis.
British Airways, the world's largest operator of Boeing 747s, will retire its entire jumbo jet fleet with immediate effect after the COVID-19 pandemic sent air travel into freefall. | Video
Boeing is scrambling to shore up financing for the 737 MAX as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes, industry sources said.