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business investment deal

Keywords: Airbus


Airbus CEO questions outlook for European defence cooperation after FCAS collapse

Airbus Chief Executive Guillaume Faury has expressed doubts about the future of defence cooperation in Europe, warning that increased military spending alone may not be enough to strengthen cross-border industrial partnerships. Speaking at an economic forum in Aix-en-Provence, Faury said he was "not......

JetZero advances blended-wing Aircraft project in Mojave desert to challenge Airbus and Boeing

A California-based aerospace startup, JetZero, is advancing development of a novel aircraft design in the Mojave Desert, aiming to compete directly with industry giants Airbus and Boeing in the commercial aviation market. The company is building a full-scale demonstrator aircraft that could ultimately......

SAS places record Airbus order worth more than $10 billion to accelerate fleet renewal

Scandinavian Airlines (SAS) has announced the largest aircraft investment in its history, placing an order for up to 40 Airbus widebody jets in a deal with a list value exceeding $10 billion, marking a major milestone in the carrier's post-restructuring growth strategy. The order represents a significant......

Airbus secures record €3 billion EIB Loan to fund R&D and Green innovation

The European Investment Bank (EIB), the lending arm of the European Union, has approved a record €3 billion financing package for aerospace manufacturer Airbus, marking the largest loan ever granted to a single corporate borrower by the institution. The financing is designed to support long-term......

Airbus Launches Urgent Inspections on A380 Fleet After Wing Structure Issue Detected

Airbus has initiated urgent inspections on 16 Airbus A380 aircraft after structural cracks were discovered in a key component of the aircraft’s wing structure, raising renewed attention over the safety of the world’s largest passenger jet. The issue was identified in a load-bearing wing......

Qantas to launch World’s longest non-stop flight between Sydney and London in October 2027

Qantas has officially confirmed that its long-awaited non-stop flight between Sydney and London will begin commercial operations in October 2027, marking a major milestone in global aviation. The route will become the longest direct passenger flight in the world, significantly reducing travel time between......

Airbus partners with French startup Alta Ares to develop counter-drone defence systems

European aerospace giant Airbus has announced a partnership with French defence startup Alta Ares to develop and integrate counter-drone technologies, as demand for advanced air defence systems continues to rise across Europe and beyond. The agreement, signed through Airbus’ Defence and Space......

Sweden’s Trelleborg opens MAD 130 million aerospace manufacturing plant in Morocco

Morocco has inaugurated a new aerospace production facility developed by Swedish engineering group Trelleborg at the MidParc industrial zone near Casablanca. The investment is valued at nearly MAD 130 million, or around $13 million, and focuses on manufacturing sealing systems for the aviation and aerospace......

Airbus turns toward Saab as European Fighter Jet project faces uncertainty

European aerospace group Airbus is increasingly considering Sweden’s Saab as a potential long-term partner, as uncertainty grows around the Future Combat Air System (FCAS), the flagship Franco-German-Spanish fighter jet programme. The FCAS project, designed to develop Europe’s next-generation......

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