Airbus

Airbus SE is a European multinational aerospace corporation. The company’s primary business is the design and manufacturing of commercial aircraft but it also has separate defence and space and helicopter divisions. Since 2019, Airbus has been the world's largest manufacturer of airliners as well as the leading helicopter manufacturer.
airbus

Some of the key events about Airbus

  • 1969
    Airbus was formed as a consortium of European aerospace companies, potentially reducing competition in the industry
  • 1970
    Airbus was officially founded as a European consortium to compete with American aircraft manufacturers
  • 1974
    The company's first aircraft, the A300, entered commercial service as the world's first twin-engine widebody
  • 1988
    Airbus introduced fly-by-wire technology in commercial aviation with the A320
  • 1988
    An Airbus A320 crashed during an airshow in France, killing 3 passengers
  • 1992
    Airbus faced allegations of unfair subsidies from European governments
  • 1993
    The A330/A340 family of long-range aircraft entered service, expanding Airbus's market reach
  • 2000
    The A3XX project (later A380) was criticized for its high development costs and market viability
  • 2005
    The A380, the world's largest passenger airliner, made its first flight
  • 2006
    Delays in the A380 program led to significant financial losses and management reshuffling
  • 2010
    Airbus launched the A320neo (New Engine Option) program, offering significant fuel efficiency improvements
  • 2010
    Cracks were discovered in the wings of some A380 aircraft, requiring costly repairs
  • 2011
    The A400M military transport aircraft program faced delays and cost overruns
  • 2013
    The company delivered its 8,000th aircraft, an A320 to Indonesian low-cost carrier IndiGo
  • 2015
    The A350 XWB, featuring advanced aerodynamics and materials, entered commercial service
  • 2016
    Airbus delivered its 10,000th aircraft, an A350 XWB to Singapore Airlines
  • 2016
    Airbus was investigated for alleged bribery and corruption in multiple countries
  • 2018
    Airbus agreed to pay €81 million to end a German corruption investigation
  • 2019
    Airbus became the world's largest aircraft manufacturer by deliveries, surpassing Boeing
  • 2020
    Airbus announced plans to cut 15,000 jobs due to the COVID-19 pandemic's impact on the aviation industry

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Airbus Latest news

Emirates Bans Pagers and Walkie-Talkies, Adjusts Regional Flights

Emirates Bans Pagers and Walkie-Talkies, Adjusts Regional Flights

Emirates Airlines prohibits pagers and walkie-talkies on flights following recent security incidents. The carrier also updates its flight schedules to various Middle Eastern destinations amid regional tensions.

Business, Politics • October 5 2024 , 12:22 PM  •  3198 views
Macron Meets Wall Street: France's Fiscal Challenges Laid Bare

Macron Meets Wall Street: France's Fiscal Challenges Laid Bare

French President Emmanuel Macron candidly discussed potential tax hikes with top U. S. financiers in New York. The meeting aimed to address concerns over France's deficit while promoting investment opportunities.

Economics, Politics • October 4 2024 , 04:57 AM  •  1135 views
Boeing and Machinists' Union Set to Resume Talks Amid Ongoing Strike

Boeing and Machinists' Union Set to Resume Talks Amid Ongoing Strike

Boeing and striking workers' union plan to restart negotiations, with the company offering a 30% pay raise over four years. The strike has halted production of key aircraft models, pressuring Boeing to resolve the dispute.

Business, Economics • September 27 2024 , 11:04 AM  •  156 views
Europe's Struggle for Independence: US Reliance Persists Despite "Trump-Proofing" Efforts

Europe's Struggle for Independence: US Reliance Persists Despite "Trump-Proofing" Efforts

Europe's attempts to reduce dependence on the US have faltered due to internal divisions and global challenges. As the 2024 US election approaches, the continent remains reliant on American support for security and economic stability.

Economics, Politics • September 27 2024 , 08:57 AM  •  44 views
Boeing's Revised Offer to Striking Workers Faces Skepticism

Boeing's Revised Offer to Striking Workers Faces Skepticism

Boeing proposes 30% pay raise over four years to striking factory workers, but union and employees express dissatisfaction. The ongoing strike halts production of key aircraft models.

Business, Economics • September 25 2024 , 01:04 AM  •  355 views
Boeing's Final Offer to Striking Workers: 30% Pay Hike and Bonuses

Boeing's Final Offer to Striking Workers: 30% Pay Hike and Bonuses

Boeing proposes a 30% pay increase and bonuses to end the machinists' strike. The offer falls short of union demands as negotiations continue, impacting jet production.

Business, Economics • September 23 2024 , 07:17 PM  •  832 views
Alaska Airlines Faces Brief Tech Glitch, Adds to Seattle Travel Woes

Alaska Airlines Faces Brief Tech Glitch, Adds to Seattle Travel Woes

Alaska Airlines temporarily grounded flights in Seattle due to a technology issue, resolved within hours. This follows a recent cyberattack on Sea-Tac Airport, complicating travel in the region.

Business • September 23 2024 , 09:10 AM  •  838 views
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Boeing Workers Strike, Rejecting 25% Wage Hike in Unprecedented Move

Boeing Workers Strike, Rejecting 25% Wage Hike in Unprecedented Move

33,000 Boeing employees initiated a strike, dismissing a 25% wage increase offer. The action joins a wave of labor unrest, as workers demand better compensation amid economic pressures.

Business, Economics • September 14 2024 , 10:11 AM  •  52884 views
Boeing Machinists Launch Massive Strike, Rejecting New Contract Offer

Boeing Machinists Launch Massive Strike, Rejecting New Contract Offer

Boeing faces major setback as machinists overwhelmingly vote to strike, rejecting a substantial pay increase offer. The walkout could cost the aerospace giant $1 billion weekly, further complicating its recovery from recent crises.

Business, Economics • September 13 2024 , 04:38 AM  •  2269 views
Boeing Workers Vote on Historic Contract Amid Strike Threat

Boeing Workers Vote on Historic Contract Amid Strike Threat

Over 33,000 Boeing union members are voting on a contract offering substantial pay raises. A potential strike looms, threatening the company's recovery and industry stability.

Business, Economics • September 12 2024 , 10:07 AM  •  698 views
Cathay Pacific Grounds Flights Due to Faulty Rolls-Royce Engines

Cathay Pacific Grounds Flights Due to Faulty Rolls-Royce Engines

Cathay Pacific cancels numerous flights after engine issues force a Zurich-bound plane to return to Hong Kong. Faulty parts found in 15 Airbus A350s, with disruptions expected to continue.

Business, Science • September 3 2024 , 06:50 PM  •  1741 views
Serbia Inks €2.7 Billion Deal for 12 French Rafale Jets, Signaling Western Pivot

Serbia Inks €2.7 Billion Deal for 12 French Rafale Jets, Signaling Western Pivot

Serbia signs a landmark €2. 7 billion agreement with France's Dassault Aviation for 12 Rafale fighter jets, marking a shift from Russian military tech. The deal, sealed during French President Macron's visit, strengthens Serbia-EU ties.

Business, Politics • August 29 2024 , 07:52 PM  •  5550 views
Brazil's Congress Forms Committee to Probe Fatal Plane Crash

Brazil's Congress Forms Committee to Probe Fatal Plane Crash

Brazil's lower house establishes a committee to oversee investigations into a recent plane crash that claimed 62 lives. The group aims to propose preventive measures based on findings from aviation authorities and industry experts.

Society, Politics • August 27 2024 , 10:29 PM  •  1532 views
Putin Ally Warns of Global War Risk, Touts Russia's Readiness

Putin Ally Warns of Global War Risk, Touts Russia's Readiness

Sergei Chemezov, CEO of Rostec and close Putin associate, cautions against Western involvement in Ukraine conflict. He asserts Russia's preparedness and criticizes US actions, while discussing sanctions' impact on Russian economy.

Business, Politics • August 21 2024 , 09:02 AM  •  321 views
Chinese Firm Releases Seized Nigerian Jet, Seeks Settlement Talks

Chinese Firm Releases Seized Nigerian Jet, Seeks Settlement Talks

A Chinese company has released a seized Nigerian government jet as a goodwill gesture, aiming to resolve a $60 million dispute. The conflict stems from a terminated 2007 free trade zone contract.

Business, Politics • August 16 2024 , 04:34 PM  •  432 views
Tragic Plane Crash Near São Paulo Claims 62 Lives, Recovery Efforts Underway

Tragic Plane Crash Near São Paulo Claims 62 Lives, Recovery Efforts Underway

A regional flight crashed near São Paulo, Brazil, resulting in 62 fatalities. Civil defense teams are working to recover and identify victims, with investigation into the ATR-72 turboprop incident ongoing.

Society, Business • August 10 2024 , 01:01 PM  •  955 views
Tragic Plane Crash in Kathmandu Claims 18 Lives, Sole Survivor Hospitalized

Tragic Plane Crash in Kathmandu Claims 18 Lives, Sole Survivor Hospitalized

A small aircraft crashed during takeoff in Kathmandu, resulting in 18 fatalities. The plane, carrying technicians to repair another aircraft, left only the captain surviving. Nepal's air safety record faces renewed scrutiny.

Society, Politics • July 24 2024 , 08:17 AM  •  1808 views
Airlines Face Normalization of Demand and Supply Chain Woes

Airlines Face Normalization of Demand and Supply Chain Woes

Major airlines report normalizing demand and yield pressures at Farnborough Airshow. Executives highlight traveler shift to cost-effective options and ongoing challenges with aircraft manufacturers.

Business, Economics • July 23 2024 , 04:47 PM  •  8019 views