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United Kingdom

Aerospace & Defence Headlines

Airbus leadership under fire as crisis deepens

Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group said.

Niki Lauda says still interested in buying Niki

Former motor racing driver Niki Lauda is still interested in buying back the Niki subsidiary of collapsed airline Air Berlin , but said it would need a fresh start on the basis of insolvency proceeding, he told Reuters on Wednesday.