Hold the EU, beat the US—Beijing buys almost 300 Airbus jets at once

News 07/12/22, 16:34

The new big deal from China pleases Airbus while disappointing Boeing, who in turn puts pressure on the U.S. government. Hold the EU, beat the U.S., does Beijing have other plots behind its huge investment of 292 Airbus airplanes? *** China's "Big Three" state airlines have recently struck a deal to buy ...

Airbus unveils longest single-aisle plane, ready by 2023

Trending 06/18/19, 09:30

The European plane maker Airbus launched a new single-aisle long-range aircraft on Monday, June 17, at the Paris Air Show, announcing that the plane will be ready for sale in 2023. The new A321XLR jet is set to beat rival Boeing to the market in this category of aircraft. Airbus sales chief ...

Trump says he’ll put tariffs on $11B in EU goods

Politics 04/09/19, 09:08

President Donald Trump said Tuesday he'll put tariffs on $11 billion worth European Union cheese, wine and other goods to retaliate for what Washington says are improper subsidies to Airbus. The office of the U.S. trade representative late Monday released a preliminary list of EU goods facing additional duties that includes ...

US moves to put new tariffs on billions worth of EU imports

Business 04/09/19, 06:34

The United States wants to put tariffs on $11.2 billion worth of EU goods — from airplanes to Gouda cheese to olives — to offset what it says are unfair European subsidies for plane maker Airbus. While the size of the tariffs is small compared with the hundreds of billions the ...

Airbus shares drop on report of US corruption investigation

Business 12/20/18, 08:56

Airbus shares are sinking on a French news report that the U.S. Department of Justice has opened an official investigation into alleged corruption by the European plane-maker.British and French authorities were already investigating alleged fraud and bribery related to Airbus' use of outside consultants in commercial plane sales. Airbus has ...

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