When Christian Scherer took the job of running Airbus's AIR 0.24%increase; green up pointing triangle commercial aircraft division at the start of the year, the gig looked like a slam dunk.
Vietnamese budget carrier VietJet said on Thursday it will take delivery of up to 10 Airbus jets this year, at a time when local airlines are facing a shortage of aircraft due to engine recalls by manufacturers and high leasing prices.
LATAM Airlines is weighing the possibility of adding smaller aircraft to its fleet such as Embraer's E2 and Airbus' A220, the firm's Brazil head said on Wednesday.
Cathay Pacific will buy 30 Airbus A330-900 wide-body aircraft for a basic price of about $11 billion, with options to buy another 30, the Hong Kong-based airline said on Wednesday.
Airbus Group (EPA:AIR) is facing a criminal investigation over a potential breach of export control rules in the UK. According to the France-based company's interim results on Tuesday, Airbus was cooperating with the UK's Revenue and Customs Authority over the possible breach.
Airbus lowers the 2024 delivery target from 800 to 770 airplanes due to supply chain challenges. Airbus received 73 orders in June, including a big order for A350 from IndiGo. Airbus delivered 67 airplanes in June, a decrease of 7% year-on-year, with deliveries expected to climb by 5% for the full year.
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