Airbus Group Stock News

Airbus has agreed a 50 million euros ($58 million) contract to incorporate artificial intelligence developed by the French Ministerial Agency for Defence AI (AMIAD) into weapons and information systems used by the French armed forces.

An Air India investigation into why one of its Airbus planes conducted eight commercial flights without an airworthiness permit found "systemic failures", a company document showed, putting the lives of hundreds of passengers at risk.

Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing on Wednesday, saying it was possible Boeing would win for the first time in six years, helped by settlements over U.S. tariff disputes.

Airbus has secured Chinese agreement to go ahead with the delivery of 120 previously ordered jets, the company said, but the deal signed in Beijing leaves the European planemaker still waiting for progress on a new order for hundreds of jets.

The head of the global airlines body IATA on Tuesday said that there was less confidence in Airbus meeting aircraft delivery targets, while Boeing's performance has improved, amid ongoing supply chain issues.

This week, Airbus got a brutal reminder that even the world's most-delivered jet - the A320 - isn't immune to shocks as disparate as solar flares and flawed metal.

Saab and Airbus are discussing co-operation on unmanned warplane technology, senior executives of the companies told Reuters, a move highlighting surging interest in drones and evolving alliances in Europe's fractured defence industry.

Airbus delivered 72 planes in November to reach 657 so far this year, the European planemaker said on Friday.