Browsing: Airbus

Philippine carrier Cebu Pacific said Tuesday it will buy up to 152 Airbus planes worth $24 billion in a deal it described as the “largest aircraft order” in the country’s aviation history.

PARIS: Airbus softened key industrial and financial targets and took a hefty €900-million ($965 million) charge for its troubled space activities as Europe’s largest aerospace group sought a clean slate approach to supply disruptions and commercial risks, according to Reuters.

The Canadian government has allowed Airbus to use Russian-produced titanium in its manufacturing processes despite being the first Western state to sanction the strategic metal.