Airbus hopes to build new European fighter jet

Aerospace giant Airbus is planning a next-generation European fighter jet, the group’s defence chief said Friday, hoping to profit from the Old Continent’s renewed commitment to reach NATO defence spending targets. “We are currently putting together pre-design studies to show what such an aircraft could look like,” Airbus Defence and Space chief executive Dirk Hoke […]

Qantas first-half underlying profit falls 7.5%, defers Airbus deliveries

Qantas Airways, Australia’s biggest airline, on Thursday posted a 7.5 percent fall in first-half underlying profit and deferred deliveries of Airbus aircraft as international competition intensified and domestic market conditions remained weak. Underlying pre-tax profit, its most closely watched measure, totaled A$852 million ($656 million) for the six months to Dec. 31, down from A$921 […]


Chinese passenger plane to rival Boeing and Airbus tipped to be in skies by July

China’s first homegrown passenger plane is to take to the skies before July this year, according to state media. A China state-owned manufacturer first unveiled the C919 in November 2015, leaving analysts wondering whether it can compete with major manufacturers such as Airbus and Boeing. The single-aisle aircraft, which can seat 168 passengers, has now […]