STOCK MARKET NEWS TODAY — Airbus said first-quarter adjusted profit rose sharply, driven by increased plane deliveries with the European plane maker on pace to overtake Boeing to become the world’s largest jetliner maker this year. START TRADING NOW OR… Read More ›
European plane maker Airbus for two decades was the biggest champion of the world’s largest airliners. After dumping the A380 superjumbo earlier this year, the jet maker is all but ceding the market for the very biggest airliners to rival Boeing Co.
The world’s largest airliner, with two decks of spacious cabins and room for 544 people in standard layout, was designed to challenge Boeing’s legendary 747 but failed to take hold as airlines backed a new generation of smaller, more nimble jets.
Airbus is planning for a “no deal” Brexit as its “baseline” scenario amid a political storm over a draft transition deal
Europe’s largest aerospace group on Thursday welcomed a draft divorce agreement between London and Brussels