The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000 by 2038 with traffic growing at 4.3 per cent annually, which would result in a need for 550,000 new pilots and 640,000 new technicians. This was projected by Airbus, which disclosed that by 2038, of […]
EGYPTAIR has taken delivery of its first of 12 A220-300 aircraft on order, becoming the first A220 operator based in the Middle East and North African region, and the sixth operator worldwide. The Cairo-based airline intends to fly the aircraft on routes to and from its main Egyptian Hub in Cairo in the coming days. […]
Airbus has today officially begun manufacturing the A220 in the U.S. The first team of A220 production workers began work at Airbus’ Mobile, Alabama-based production facility following their recent return from on-the-job training in Mirabel, Quebec, Canada, where the A220 programme and primary final assembly line are located. “The expansion of our commercial aircraft production in […]
Despite the anxiety caused by the technological innovation that led to the accidents involving Boeing B737 MAX8, major aircraft manufacturing company, Airbus, said technology advancement in aircraft manufacturing is inevitable. But aircraft must be made safer. When THISDAY asked the CEO of Airbus, Guillaume Faury, would the company slow down new technology in its aircraft, […]
· Commercial aircraft environment robust · Q1 2019 financials mainly reflect A320 Family ramp-up and delivery phasing · Revenues € 12.5 billion; EBIT Adjusted € 549 million · EBIT (reported) € 181 million; EPS (reported) € 0.05 · 2019 guidance maintained Amsterdam, 30 April 2019 – Airbus SE (stock exchange symbol: AIR) reported First Quarter (Q1) 2019 consolidated financial results(1) and […]
