It was an excellent year for Airbus Group NV (EPA:AIR) as the group bagged more jet orders than its rival Boeing Co (NYSE:BA). However, the company did come second in jet deliveries, which is the point of discussion in Airbus management. The jetliner announced stability in its supply chain and the company is likely to…
Boeing Co (BA) And Airbus Group NV (AIR) Compete Toe-to-Toe On Orders And Deliveries, Boeing Denies Plans For Long Range 737
The business world is all about competition and the most recent one making rounds in the market involves two of the largest jet manufacturers of the world, Boeing Co (NYSE:BA) and Airbus Group NV (EPA:AIR). According to the latest reports, Boeing said that it is not planning to compete with Airbus over the long-range 737…
Airbus Group NV (AIR) Ahead of Boeing Co (BA) In Delta Air Lines, Inc. (DAL)’s 50 Jet Order
Airbus Group NV (EPA:AIR) is likely to win against Boeing Co (NYSE:BA) in Delta Air Lines, Inc. (NYSE:DAL)’s 50 Jet order. The overall deal is valued at $13 billion and Airbus is at the front with its efficient jet portfolio. Airbus Group is likely to consider this deal an indication of Delta Air Lines’ inclination…
Boeing Co (BA) Aims For New Airliner Amid Increasing Local And Chinese Competition
The U.S. airplane maker, Boeing Co (NYSE:BA), announced plans to develop a new airplane for replacing its 737 MAX jetliner before 2030. With the increasing pressure from other airplane manufacturer and Chinese companies, the jet maker is eying potential opportunities. While talking at an innovation summit, the CEO of Boeing, Jim McNerney, announced plans for…
Airbus Group NV (AIR) Helps Aerion Corp. To Introduce A Supersonic Business Jet Until 2021
According to recent news, Aerion Corp. and Airbus Group NV (EPA:AIR) will work together to develop a Supersonic Business Jet, namely AS2. Robert Bass’s Aerion Corp. started its Supersonic Business Jet project in 2002. CEO of Aerion Corp. in a telephone interview with Bloomberg said that: “We see no technical show stoppers …, The collaboration…
Airbus Group NV (AIR) Faces Pressure from German Government to Cut Military Jets Cost
The deal between Airbus Group NV (EPA:AIR) and German government is likely to witness some more theatricals as the German government is seeking price cuts for Airbus’s A400M military airlifters. German Defense Ministry has demanded longer cancellation period for the same and the A400M are likely to be delivered later than the expected timeline. Bild…
The Boeing Company (BA) Got a Boost over Airbus Group NV (AIR) With Jet Orders Worth $8.8 billion
The Boeing Company (NYSE:BA) got a boost over its largest competitor, Airbus Group NV (EPA:AIR), when it took orders for $8.8 billion of jets from BOC Aviation Pte, a unit of Bank of China Limited (SHA:601988). BOC Aviation Pte, an aircraft leasing firm, is banking on the surging Asian demand for younger and newer airplanes…
Airbus Group NV (AIR) Plays $15 billion A350 Card To Get Ahead Of The Boeing Company (BA)
Airbus Group NV (EPA:AIR)’s newest development, the A350, has finished its testing. The $15 billion investment to achieve the twin-engine A350-900, capable of carrying 315 passengers with a range of 7,750 nautical miles; and a later version the A350-1000 with 369 seats, that will enter service in 2017. The recently developed Airbus should, as mentioned…