European plane maker Airbus said Tuesday it had a record-breaking year in 2011, outselling Boeing for the ninth consecutive year. Outgoing chief of parent company EADS announced the creation of 9,000 new jobs in 2012.
Aviation giant Boeing has signed a historic $21.7 billion deal with Indonesia's largest private carrier Lion Air. The jet order, brokered with US government assistance, will support more than 110,000 jobs for Boeing and US suppliers.
Emirates Airlines announced an order Sunday at the Dubai Airshow for 50 Boeing 777-300 ERs, in addition to a previous order for 20. The combined order is the largest dollar-value order in Boeing's history.
Boeing's new 787 Dreamliner made its first commercial flight Wednesday, taking passengers on an All Nippon Airways flight from Tokyo's Narita airport to Hong Kong. The Dreamliner is the first mid-sized airplane capable of flying long-range routes.
Boeing delivered its first 787 "Dreamliner" jet to Japan’s All Nippon Airways on Sunday after three years of delays caused by design and production problems. The 787's first US customer, United Continental Holdings, will get its first jets next year.
American Airlines ordered 260 passenger jets from Airbus Wednesday - the European plane manufacturer's first US order for decades. The news marks an end to a longstanding monopoly by rival Boeing, which will supply 200 planes.
Alain Juillet, President of the business intelligence academy and a former senior official with France's intelligence services. On the sidelines of the Paris air show, a controversy has emerged after a group of conservative lawmakers asked that the carrier Air France buy Airbuses rather than Boeing Boeings for a multi-billion euro contract to purchase around 100 planes.
Airbus and Israel Aerospace Industries' first joint defence enterprise will seek to develop a cheaper and simpler airborne surveillance and interception system, after a prototype has been displayed at the Paris Air Show.
Business is booming for the aviation industry. At the height of the financial crisis, orders for new planes dropped sharply at the world's two biggest manufacturers, Airbus and Boeing. But two years later, both they and their smaller rivals are seeing a revival in their fortunes, as airline bosses go shopping at the Paris Air Show.
