Spirit Airlines to defer Airbus deliveries, furlough 260 pilots to save cash
Spirit Airlines on Monday reached an agreement with Airbus to postpone all aircraft deliveries scheduled from the second quarter of 2025 to 2026, with the U.S. airline cutting back about 260 pilots as it seeks to save money. announced that they are planning to furlough employees. The low-cost carrier announced it would postpone scheduled deliveries […]
Europe is unprepared for risks from Russia and Trump, says Airbus boss | Airbus
Europe is unprepared for the risks of war with Russia or President Donald Trump’s withdrawal of the United States from NATO and needs to increase spending on defense equipment, the head of Airbus said. Guillaume Faury, CEO of Europe’s largest aerospace and defense company, said that in the wake of Russia’s full-scale invasion of Ukraine […]
Airbus announces special dividend, extending lead over Boeing
CEO Austin Russell talks about the company’s new manufacturing deals on “Craman Countdown” Airbus announced a special dividend after its 2023 results improved, driven by increased demand for jetliners, despite a $215 million cost from its space business. The commercial aircraft maker is benefiting from a surge in orders and building up cash reserves compared […]
United Airlines talks with Boeing competitor Airbus about possibility of buying more jets: Report
The former CEO of American Airlines believes Boeing can improve its poor safety culture and regain trust. United Airlines has reportedly discussed the possibility of purchasing additional aircraft with Airbus to address potential gaps caused by delays in Boeing’s 737 Max 10 aircraft. United Airlines CEO Scott Kirby has discussed buying additional A321neo jets from […]