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United Kingdom

Tim Hepher

Safran CEO sees limited room for rival engines on new Boeing jet

11 Oct 2018

HAMBURG Safran expects Boeing to decide next year which engines will power its proposed new mid-market airliner, but the chief executive of the French jet engine manufacturer voiced reservations about there being room for more than one supplier.

Safran CEO holds off on Airbus jet output talk to Q1 2019

11 Oct 2018

HAMBURG, Germany Jet engine maker CFM International would be ready to enter negotiations with Airbus in the first quarter of 2019 on possible future increases in narrow-body jet production, said the head of French aerospace supplier Safran .

Airbus picks planes boss Faury as next CEO to end uncertainty

08 Oct 2018

PARIS Planemaking boss Guillaume Faury was named as the next chief executive of Airbus on Monday, ending months of uncertainty over the leadership of Europe's largest aerospace group and underlining the dominance of its commercial jet arm.

Exclusive: Insider favored as Airbus speeds up CEO search - sources

28 Sep 2018

PARIS Airbus is moving swiftly toward appointing planemaking head Guillaume Faury as its next chief executive after accelerating the search for a successor to outgoing Tom Enders to address a growing leadership vacuum, people familiar with the matter said.

Airbus board meets in China amid jet sale hopes

26 Sep 2018

PARIS The board of Airbus is holding an unusual meeting in China as the European planemaker implements plans to increase local assembly of jets - a hike that could help unlock talks over a long-delayed deal to sell up to 180 jets, industry sources said.

Company veteran named Airbus sales chief after ex-Rolls executive quits

13 Sep 2018

PARIS Airbus named its second new sales chief in less than a year on Thursday after chief commercial officer Eric Schulz abruptly resigned nine months after being poached from Rolls-Royce to lead the battle for jet sales against Boeing.

Boeing 737 production rebounds as planemaker extends lead over Airbus

11 Sep 2018

SEATTLE/PARIS Boeing Co bounced back from a production snarl to deliver 48 single-aisle 737s in August and extended its lead over rival Airbus for new orders.

Airbus shares hit record after core profit tops forecasts

26 Jul 2018

PARIS Airbus posted higher than expected second-quarter earnings on Thursday and reaffirmed its full-year goals, as bottlenecks of undelivered aircraft began to ease and costs tumbled on the group's newest big jet, the A350. | Video

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