Airbus Group moved to allay concerns over a wave of order cancellations yesterday, sparking a rally in its shares helped by better-than-expected half-year results.
“Global aircraft markets remained strong despite worries abo
Qatar Airways placed a $6.5 billion order for Airbus jets hours after telling the European giant to go back to basics and learn how to build airplanes in a day of high theatre at the Dubai Air Show on Tuesday.
Chief executive Akbar Al Bake
A senior Airbus executive predicted continued strong demand for the revamped A320neo jet as carriers scramble to save fuel and raised the prospect of quick new sales at the Dubai Air Show.
Demand for the jet could push Airbus even higher t
Kuwaiti lessor Alafco placed a $4.6 billion expanded order for 50 Airbus A320neo passenger jets at the Dubai Air Show on Monday. The order supersedes a provisional order for 30 aircraft announced at the Paris Air Show in June.
Airbus plans to bring forward by six months the entry into service of its revamped A320 jetliner, seen as key to battling Boeing and fending off emerging rivals in the largest aircraft segment.
The fuel saving model of A