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Tag: Airbus

Airbus scraps A380 superjumbo jet as sales slump

Airbus scraps A380 superjumbo jet as sales slump

Business
European aircraft manufacturer Airbus has said it will stop making its A380 "superjumbo", the world's largest passenger aircraft.In a statement, the company said it would make its last deliveries of the aircraft in 2021.The decision comes after Emirates, the largest customer of the A380, reduced its order.The costly aircraft has struggled to compete with more efficient, smaller models.What did Airbus say about the decision?In a statement on Thursday, Airbus said Emirates would reduce its A380 order book from 162 to 123 aircraft. "As a result of this decision we have no substantial A380 backlog and hence no basis to sustain production, despite all our sales efforts with other airlines in recent years. This leads to the end of A380 deliveries in 2021," sai...
Airbus threatens UK departure from Brexit 'disgrace'

Airbus threatens UK departure from Brexit 'disgrace'

Business
By James Sillars, business reporter The boss of Airbus has warned it could shift wing production from the UK in future in the event of hard Brexit "madness".In a company video, Tom Enders said that "potentially very harmful decisions" were ahead without a smooth divorce from the EU. He described the failure of politicians to achieve clarity on the issue to date as a "disgrace". Mr Enders has been consistent in his opposition to Brexit from the outset but his comments were seen as his most explicit threat yet that its wing assembly lines would be moved abroad under a "no-deal" scenario.That is essentially Brexit with no new EU trade deal in place. Airbus said there would be no immediate change to its UK operations because of the company's product...
Airbus delivers first A330 tanker aircraft to South Korea

Airbus delivers first A330 tanker aircraft to South Korea

Business
Nov. 13 (UPI) -- The first Airbus A330 Multi Role Tanker Transport aircraft for the Republic of Korea Air Force has landed at Gimhae Air Base in Busan, South Korea for acceptance tests. The Airbus and ROKAF crewed aircraft arrived in South Korea after ferrying from the Airbus Final Assembly Line in Getafe, Spain, with a stop in Vancouver, Canada, the company said in a press release on Tuesday. The plane will undergo ground and flight testing before acceptance by the ROKAF with an Airbus team present to provide technical support and advice during the trials until the plane is officially handed over to South Korea. The Airbus A330 Multi Role Tanker Transport is a derivative of the A330-220 civilian airliner designed for aerial refueling of other aircraft and cargo and personnel transport. T...
Airbus: 'No-deal' Brexit will be 'chaos at the borders'

Airbus: 'No-deal' Brexit will be 'chaos at the borders'

Business
Airbus has said it is running out patience with the government and a "no-deal" Brexit would mean "chaos at the borders". The company employs 14,000 people at several sites including Bristol, Stevenage, Portsmouth and north Wales, but another 110,000 jobs are also vulnerable at firms supplying the aircraft maker.In one of the most significant interventions by a major manufacturer since the referendum two years ago, it published a "risk assessment" on its website saying it would "reconsider its investments in the UK, and its long-term footprint in the country" if Britain left the single market and customs union without a transition agreement.Speaking to Sky News, the company's senior vice president Katherine Bennett said: "We would see it as chaos at the borders."Our parts mo...
BMW joins Airbus in Brexit warning

BMW joins Airbus in Brexit warning

Business
Media playback is unsupported on your device The car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty.BMW UK boss Ian Robertson says clarity is needed by the end of the summer. BMW makes the Mini and Rolls Royce and employs about 8,000 people in the UK.Earlier, Airbus, which employs 14,000 people in the UK, warned it could leave if the UK exits the single market and customs union with no transition deal.The UK government says it is confident of getting a good deal for industry.The customs union brings together the EU's 28 members in a duty-free area, in which they pay the same rate of duty on non-EU goods.Prime Minister Theresa May has ruled out staying in the customs union. The UK is due to lea...