South Africa has cancelled a $5.2 billion contract to buy eight Airbus A400M military
transport aircraft due to escalating costs and delivery delays, cabinet spokesman Themba Maseko said on Thursday.
French flagship carrier Air France became the first European airline to take delivery of the new Airbus A380 superjumbo passenger jet Friday, at a ceremony in the German city of Hamburg.
The European aerospace industry is facing two problems: high labour costs and the soaring value of the euro. FRANCE 24’s correspondent Chris Bockman reports from the industry’s heartland in Toulouse about the new financial cloud on the horizon.
The World Trade Organisation has ruled that some subsidies paid by European countries to help develop the Airbus A380 jet were "illegal", according to a Wall Street Journal report. But European sources say that not all of the US complaint was upheld.
The World Trade Organisation has ruled that some subsidies paid by European countries to help develop the Airbus A380 jet were "illegal", according to a Wall Street Journal report. But European sources say the US complaint was only partially upheld.
Search teams have found the cockpit voice recorder -- the second flight data recorder -- of the Yemenia jet that crashed off the Comoros islands on June 30, killing 152 people. The first recorder was located on Friday.
Business Secretary Peter Mandelson says the British government will lend aircraft manufacturer Airbus 340 million pounds (394 million euros) to help it develop the A350 jet and sustain hundreds of jobs in the United Kingdom.
Airbus is urging airlines to replace most of the "pitot probe" speed sensors on some 200 Airbus A330 and A340 planes in the wake of the crash of an Air France flight en route to Paris from Rio de Janeiro on June 1.
Nine more bodies of victims from the Yemenia Airbus crash near the Comoros islands in the Indian Ocean were found on a remote Tanzanian island on Thursday, according to officials.
An EU proposal for a global blacklist for unsafe airlines has been rejected by the head of the aviation body ICAO. The list was proposed after it emerged that a Yemenia airliner that crashed near Comoros had raised safety concerns during EU checks.
