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The Latest Breaking News from Guillaume Faury

Airbus shares plunge as plane maker cuts profit forecast

World’s largest aircraft manufacturer blames parts shortages for delays in production of A320neo

The Guardian - UK

Airbus CEO blames U.S. for trade wars rather than China in old Boeing flare-up

"I want to remind you that in recent years, it was not the Chinese who imposed tariffs on European aircraft, but the Americans,” Guillaume Faury said.

Fortune

Airbus CEO Urges Europe To Strengthen Defense Amid Global Threats

Airbus CEO emphasizes Europe's need for unified defense strategy amidst geopolitical challenges and fighter jet competition.

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Airlines Are Rankled About Pratt & Whitney’s Jet Engine Problems

The turbines save fuel but require service sooner than expected.

Businessweek

Airbus Bets on a Stretched A220 Jet to Beat Boeing’s 737

Altering an existing plane could save the company billions of dollars compared with developing a new one—but it risks cannibalizing sales of its mainstay A320.

Businessweek

Macron's China visit reaps cultural, economic rewards but stalls on Ukraine

French President Macron's three-day visit to China has so far seen a strengthening of economic and cultural ties, but no firm commitments on Chinese mediation in the Ukraine war – one of the trip's main objectives.

Radio France Internationale

Airbus chalks up record profits despite supply chain woes

European aircraft manufacturer Airbus made record profits in 2022, even in the face of supply chain problems.

Radio France Internationale

Airbus sees profit boost, but defense and space challenges

Airbus is urging stepped-up European cooperation to ensure the continent’s security and future access to space

The Independent UK

Air India splashes out 32 billion euros for fleet of Airbus planes

Air India is to buy 250 new aircraft from French-based constructor Airbus, in a deal worth 32 billion euros based on current catalogue prices. This is a "historic moment for India, for Air India and for Airbus," according to the French plane-maker's chief executive, Guillaume Faury.

Radio France Internationale

Year-end surge boosts Boeing, but Airbus still No. 1 in 2022

Following three miserable years of contraction in Boeing’s commercial airplane business, the company in 2022 took substantial steps toward a recovery, reflected in Tuesday’s release of its final jet order and delivery figures.

Tribune News Service

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The Guardian - UK

First Thing: China brings in ‘emergency’ level censorship over protests

Amid zero-Covid protests, crackdown on VPNs used for banned social media. Plus, Senate rejects paid sick leave for rail workers

The Guardian - UK

Airbus boss warns of delay in decarbonising airline industry

Guillaume Faury expresses concern at pace of investment in facilities producing alternatives to fossil fuels

The Independent UK

Airbus and Qatar Airways allege regulator ‘collusion’ in A350 aircraft dispute

The aircraft manufacturing giant is accused of ‘exerting its influence’ over the European Union Aviation Safety Agency.

Birmingham Post

Airbus maintains ramped up production despite 'fragile' supply chain

The aerospace giant has reported revenue and order book growth during the first nine months of this year

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The Independent UK

228 were killed when Flight 447 crashed into the Atlantic. Their families could finally hear why

A Parisian court will hear conflicting expert testimony about who is to blame for the worst disaster in Air France’s history, but families of the 228 victims tell The Independent are determined to show the crash’s human toll, writes Bevan Hurley

The Independent UK

228 were killed when Flight 447 crashed into the Atlantic. Their families could finally hear why

The Independent UK

Relatives shout ‘shame’ as Air France crash trial begins

Families describe ‘almost inhuman’ wait of 13 years for justice over flight AF447, which left 228 dead

Benzinga

Benzinga Before The Bell: Jury Finds Tesla 1% Negligent In Model S Crash, Bitcoin Sees $148M Liquidations, Amazon-Backed Zoox Robotaxi Set For Debut And Other Top Financial Stories Wednesday, July 20

CNBC

Benzinga

Benzinga Before The Bell: Amazon Wages Price War On Tesco, Biden's Campaign Promise To Free Cannabis Prisoners, H&M Exits Russia And Other Top Financial Stories Monday, July 18

Reuters GSK Completes Spin-Off Of Its Consumer Healthcare Business

Benzinga

Airbus's New Facility To Research Cryogenic Fuel Systems, Focused On Hydrogen Technologies

Airbus SE (OTC:EADSY) is establishing a hydrogen-focused facility in the United Kingdom; its latest attempt to boost the design of its next generation of aircraft, reported CNBC. Airbus stated in a statement Wednesday that the Zero Emission Development Centre in Filton, Bristol, has already begun working on the technology's development. One of…

Benzinga

Airbus Steps Up Monitoring Chinese Supply Chain: Reuters

Airbus SE (OTC:EADSY) is tightening monitoring of its Chinese supply chain following the increased disruption caused by recent pandemic lockdowns, Reuters reported, citing Airbus Chief Executive Guillaume Faury. "The whole worldwide supply chain is complicated at the moment," he mentioned at a news briefing in his capacity as head of France's Gifas…

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