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On Thursday, Airbus, the largest European airplane manufacturer, revealed that it will be increasing production of its A320 narrow-body jetliners in the U.S at its plant, Mobile Ala. With the start of 2021, from manufacturing five planes a month, airbus will be producing seven aircrafts a month, after planes made in Europe were threatened...
Owing to the recent complications, Boeing had to give up its longstanding title of being the world’s largest planemaker to Airbus. While the former had the title since 2011, sources have reported that Airbus exceeded the number of delivered aircraft as compared to Boeing in 2019. Beating its own forecast as well, Airbus delivered a...
Airbus parent plans to raise dividend payouts to 40 percent of net income
Reorganisation to see EADS renamed as Airbus Group