Articles tagged “airbus”

Pakistan Airlines’ Black Box Found After Crash With Nearly 100 Fatalities

2 months ago

Boeing and Airbus Seek to Calm Fears About Unsafe Air in Plane Cabins

Boeing and Airbus Seek to Calm Fears About Unsafe Air in Plane Cabins

Tim Hepher, Reuters

There are two issues here. One is whether it is safe for passengers to fly. That can be answered by science. The second question is more complicated: Do passengers think that it is safe to fly? Airlines and aircraft manufacturers will need to spend money on marketing to assuage passenger concerns.

2 months ago

EasyJet Founder Clashes With ‘Scoundrel’ Board Over Airbus Plane Order

EasyJet Founder Clashes With ‘Scoundrel’ Board Over Airbus Plane Order

Simon Goodley, The Guardian

The EasyJet board meeting next week should be one for the ages even if social distancing is in play. Does EasyJet need to order these 107 planes from Airbus or is something irregular going on?

2 months ago

Airlines Will Take as Many as 5 Years to Recover: Airbus CEO

Airlines Will Take as Many as 5 Years to Recover: Airbus CEO

Jasper Jolly, The Guardian

One of the world's two largest plane-makers is anything but optimistic about recovery in the short term.

3 months ago

EasyJet Faces a Shareholder Vote Showdown With Its Founder Over Plane Order

EasyJet Faces a Shareholder Vote Showdown With Its Founder Over Plane Order

Sarah Young, Reuters

EasyJet founder Sir Stelios Haji-Ioannou owns 35 percent of the airline's shares, and he only needs 50 percent of shareholders casting votes to defeat the company's management and force the budget carrier to kill a plane supply deal with Airbus. We can see why he likes his odds of winning.

3 months ago

Airbus Warns Staff on Jobs as Crisis Puts Its Future Under Threat

Airbus Warns Staff on Jobs as Crisis Puts Its Future Under Threat

Tim Hepher, Reuters

From struggling to meet a massive order backlog barely a few months back, Airbus now has lost one-third of its business in just weeks. Not only are the days of booming airplane sales over, the future of aircraft production will certainly look very different.

3 months ago

7 Questions Corp Travel Buyers Should Ask About Airbus’ New Way to Hedge Volatile Airline Tix Prices

7 Questions Corp Travel Buyers Should Ask About Airbus’ New Way to Hedge Volatile Airline Tix Prices

Matthew Parsons, Skift

Airbus' decision to launch a new product in the middle of a crisis might seem strange, but travel buyers, corporations and airlines will likely be receptive to anything that can help insure them against suffering such big losses again.

3 months ago

Singapore Airlines Secures Record $13 Billion Funding Lifeline

Singapore Airlines Secures Record $13 Billion Funding Lifeline

Jamie Freed and Anshuman Daga, Reuters

Many carriers will be looking on enviously at this record bailout. Singapore Airlines not only gets to survive the crisis, but is also primed to come out stronger on the other side.

4 months ago

AirAsia CEO Tony Fernandes Cleared of Bribery Allegations

AirAsia CEO Tony Fernandes Cleared of Bribery Allegations

Liz Lee, Reuters

The AirAsia Group must be relieved to have its top leaders back at the helm amid the coronavirus turbulence that the global airline industry is now facing.

4 months ago

Beleaguered Avianca Faces Two Bribery Probes

Beleaguered Avianca Faces Two Bribery Probes

Julia Symmes Cobb, Reuters

One probe of Colombian airline Avianca is looking at whether a top executive took bribes from Airbus. Another probe is checking whether the airline gave free plane tickets to public officials in return for favors. Both stories are unfortunate distractions from the financial and strategic turnarounds that the company needs to be focusing on.

5 months ago

Malaysian Prime Minister Questions Definition of Bribery in AirAsia Allegations

Malaysian Prime Minister Questions Definition of Bribery in AirAsia Allegations

Reuters

Prime Minister Mahathir Mohamad chose his words very carefully. He's expressing an opinion but without getting involved in the specifics of the case.

5 months ago

AirAsia CEO Tony Fernandes Out For Now Amid Airbus Bribery Probe

AirAsia CEO Tony Fernandes Out For Now Amid Airbus Bribery Probe

Brian Sumers and Xinyi Liang-Pholsena, Skift

There's always some give-and-take whenever any customer places a big order for anything. But did Airbus go too far to try to sway AirAsia? And what will this mean for CEO Tony Fernandes' grand digital plans?

5 months ago