United Kingdom

Tim Hepher

New Swiss A220 jet engine failure forces checks

15 Oct 2019

PARIS/ZURICH U.S. engine maker Pratt & Whitney faces new checks on engines for small jetliners after an engine failure forced a Geneva-bound Swiss jet to divert to Paris and prompted a brief grounding of the rest of the airline's Airbus A220 fleet.

Boeing's 787 under pressure as Russia's Aeroflot cancels order

09 Oct 2019

SEATTLE/PARIS Boeing Co faced additional uncertainty on Wednesday over future production rates for its 787 Dreamliner after Russian carrier Aeroflot formally cancelled an order for 22 aircraft valued at about $5.5 billion (4.5 billion pounds) at list prices.

Exclusive: Airbus defence unit sees cash challenge, adopts efficiency plan

09 Oct 2019

LONDON Airbus Defence and Space has issued an internal warning of significant challenges in meeting cashflow and other targets for 2019 as it rolls out an internal efficiency plan called "Momentum", people familiar with the matter said.

Airbus faces record fourth-quarter delivery task to hit goal

08 Oct 2019

PARIS Airbus shares rose on Tuesday as investors bet a 13.5% rise in nine-month deliveries put it within reach of a full-year goal despite factory snags, while the cancellation of five jets from struggling Norwegian Air took the edge off 41 new orders.

UPDATE 1-Airbus sold 41 jets in September, targets record 4th-quarter deliveries

07 Oct 2019

PARIS, Oct 7 Airbus sold 41 jets in September and processed cancellations for nine jets including five originally sold to Norwegian Air, leaving the European firm ahead of Boeing Co in a relatively slow year for an industry distracted by safety and trade headlines.

Arms firms fret over delays in Franco-German fighter project

07 Oct 2019

PARIS France's Dassault Aviation and Europe's Airbus have stepped up pressure on France and Germany to agree the next stage of a planned fighter project, warning Europe's arms industry and long-term security could suffer from delays.

Brexit raises stakes for Britain in aircraft trade war

04 Oct 2019

LONDON U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the 28-nation bloc, infuriating Scotch whisky makers and handing it a dilemma over thousands of Airbus jobs.

Airbus plant in Alabama spared fallout from U.S. tariffs

03 Oct 2019

WASHINGTON/LONDON Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus plant in the state from the impact of tariffs against the European planemaker - at least for now. | Video

U.S. widens trade war with tariffs on European planes, cheese, whisky to punish subsidies

03 Oct 2019

LONDON/BRUSSELS/WASHINGTON The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies. | Video

Explainer: The jet subsidy row that threatens transatlantic trade war

03 Oct 2019

The United States will learn on Wednesday the annual value of European Union goods it is allowed to target with tariffs as part of a 15-year-old dispute at the World Trade Organization over illegal subsidies to the world's largest planemakers.

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