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Boeing, Airbus Throw Supplier Lifeline
Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said.
Airbus follows Boeing's cash lifeline to Spirit AeroSystems with an assist of its own
Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated memorandum of agreement with Airbus stating the European aerospace giant will provide the major supplier with a $107 million non-interest-bearing line of credit.
Boeing, Airbus Throw Supplier Lifeline Ahead of Takeover
Boeing Co. and Airbus SE will provide more than $450 million in financial assistance to help keep key supplier Spirit AeroSystems Holdings Inc. afloat ahead of their planned purchase of the company’s assets next year.
9h
China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus
The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.
18h
Airbus: No Boeing-Like Crisis, But Airplane Delivery Target Is Slipping
Airbus SE's delivery target faces risk, but strong demand and a large backlog ensure stability. See why EADSY stock continues ...
AeroTime
2h
Certification of A330neo in China progressing well says Airbus boss
The certification program of the A330neo in China is progressing well says Airbus boss as the COMAC C929 wins its first ...
1d
Airbus defends free trade amid growing tariff jitters
ZHUHAI, China, Nov 12 (Reuters) - The head of Airbus (AIR.PA) China said on Tuesday that Chinese certification of its A330neo ...
1d
Iberia Airlines First To Put Airbus A321XLR Into Commercial Service
Iberia Airlines flew the first commercial flight of the Airbus A321XLR on November 6, the beginning of an era of ultra-long ...
AeroTime
1h
Iberia showcases first Airbus A321XLR ahead of transatlantic service: pictures
Spanish airline Iberia has officially presented the first
Airbus
A321XLR aircraft to have entered commercial service. The ...
RCR Wireless News
1d
Airbus to replace Wi-Fi with 5G in “all industrial areas” within five years
Airbus talks private 5G in relation to... targets, vendors, blueprints, integration, URLLC, RedCap – and is brilliant in ...
1h
Jet2 Adds New London Luton Base With 2 Airbus A321neos & 17 Routes
Jet2 will base two A321neos from April 1, 2025 (no joke), with some flights operated by non-based equipment. The airline ...
The Aviationist
1h
Airbus Reveals A321 MPA as French Navy Prepares to Replace its Atlantique 2
Dassault Aviation also pitched a proposal based on the Falcon 10X. European defense major
Airbus
unveiled a scale model of ...
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