Airbus

Austria seeks up to 1.1 billion euros in Eurofighter fraud lawsuit

Eurofighter and its main shareholder Airbus have inflated the price of fighter jets that were sold to Austria, the Defence Ministry said Thursday, alleging that it was defrauded of up to 1.1 billion euros (1.2 billion dollars).

Airbus sets record with 2016 commercial aircraft deliveries

Airbus delivered a record 688 commercial aircraft in 2016 on the back of strong operational performance and a robust market, the airline manufacturer said Wednesday.

Iran to sign 10-billion-dollar deal with Airbus for 100 planes

Iran is to sign a 10-billion-dollar deal with Airbus next week to acquire 100 aircraft, Iran's transportation minister said on Sunday according to news agency ILNA.

Airbus says it will cut more than 1,000 posts

Airbus said Tuesday that it will phase out 1,164 positions and transfer 325 posts as part of an effort to increase efficiency.

EU: "Several errors" in WTO ruling on Airbus subsidies

The European Union pushed back Thursday against a ruling that it was illegally subsidizing aircraft manufacturer Airbus.

EU loses latest round in spat with US over Airbus and Boeing aid

The European Union suffered a blow in its lengthy spat over airplane maker subsidies on Thursday when the World Trade Organization (WTO) said that the bloc had failed to stop its subsidized financing of Airbus, which had previously been found to break global trade rules.

Airbus receives US license to sell aircraft to Iran

Airbus has received a license from the US government to sell its first 17 aircraft to Iran, part of a larger deal inked earlier this year, a company spokesman said on Wednesday.

Hollande announces aircraft deal; pledges naval support for Vietnam

French President Francois Hollande announced a multi-billion dollar aviation deal and pledged support for right of passage in the South China Sea during a state visit to Vietnam on Tuesday.

British anti-corruption authorities open criminal inquiry into Airbus

British anti-corruption authorities have opened a criminal investigation into Airbus, the aircraft manufacturer announced Sunday.
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