Airbus upbeat on world aircraft market but says it lags Boeing
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European aircraft manufacturer Airbus has sharply raised its estimate of worldwide demand for airliners over the next 20 years but acknowledged that its share of the market had shrunk in 2006.
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Airbus has been given the go-ahead to develop a new jet designed to compete with The Boeing Co.&#39;s new 7E7, according to reports by The Associated Press Friday.
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Airbus, the European aircraft maker, has scored a strategic victory over its US rival Boeing by capturing a key order for 40 new aircraft from AirAsia, the fast-growing Malaysian low-cost carrier.
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Struggling European aircraft maker Airbus is now looking at brighter skies thanks to rapid strides in the application of a restructuring plan and a possible new order for its A350, the head of the company said.
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LE BOURGET, France -- Airbus racked up a series of big orders at the opening Monday of the world's biggest air show, stealing some early limelight from U.S. rival Boeing Co.
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Airbus cast aside worries about the future of two of its new aircraft and broke records at the 47th Paris Air Show with a haul of 728 orders, allowing it to nose past its arch-rival the US planemaker Boeing.
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The head of Boeing Co.&#39;s   commercial aircraft unit on Sunday backed a call by rival  Airbus to work closely on producing more environmentally  friendly planes, but said real progress was the responsibility  of jet engine makers, rather than plane builders.
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Airbus expects to propose a competitor to  Boeing Co.'s planned 7E7 wide-body jetliner to its shareholders  in coming weeks, The Wall Street Journal reported on Tuesday,  quoting people familiar with its plans.
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FRANKFURT, Sept 25 (Reuters ) - U.S. planemaker Boeing does   not expect to make order gains for its aircraft as a direct   result of delays to the A380 superjumbo being built by European   rival Airbus, a Boeing official said on Monday.
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The head of Boeing Co.'s  commercial aircraft unit on Sunday backed a call by rival Airbus to work closely on producing more environmentally friendly planes, but said real progress was the responsibility of jet engine makers, rather than plane builders.
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WHILE THE Financial Times reported that Airbus was putting its oar in to influence the outcome of a Microsoft appeal to a European court, Reuters reports today that the aerospace firm doesn&#39;t have an axe to grind.
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European aerospace group EADS reports higher-than-expected profits, boosted by sales in its Airbus plane-making subsidiary.
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Airbus, buoyed by new plane orders as it tries to close the gap on resurgent Boeing , unveiled a leaner management on Wednesday aimed at uprooting nationalist rivalries inside the European planemaker.
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Fanning an already hot business rivalry, Airbus is working on a new plane to compete with Boeing&#39;s pending 7E7 widebody jet. Meanwhile, US and European Union trade negotiators
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A raft of orders at the Paris Air Show this week has boosted Airbus's fortunes and handed back the European plane maker the lead in overall airplane sales bookings for 2007 from rival Boeing Co. -- at least so far.
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The US aircraft manufacturer Boeing voiced optimism its row with European reval Airbus over government subsidies would be resolved in US-European Union negotiations.
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The head of Airbus accused U.S. rival Boeing of leading a "campaign of untruths" against the European aircraft maker, and gave the clearest sign yet that Airbus plans to develop a new rival to the Boeing 7E7.