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It's the latest in Airbus' move to focus on aircraft making activities.
Losses at several major index constituents sank markets Thursday.
European stock benchmarks moved sharply higher Wednesday as investors responded to dissipating political risks and a seemingly brighter outlook for the U.S. and economies across Europe.
Chinese President Xi Jinping signed the deal on a trip to Germany.
The company's commercial sales team will now report directly to CEO Tom Enders.
There were 147 new orders for Boeing's 737 MAX 10 plane.
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Ordering more jets from Boeing and Airbus will allow GE to increase its presence in Asia's growing airline market.
Aided by favorable political news-flow and an absence of adverse economic or earnings data, Europe's benchmarks posted some of the strongest gains seen in the last two months.
Sales of the A380 have suffered lately as airlines switch to smaller models that have two engines, which are easier to fill and less costly to maintain.
The shares have been dogged by reports of iffy pricing on government contracts.
The company expects to sell nearly 35,000 aircraft over the next 20 years.
Sales for the double-decker jet have been soft.
Tony Fernandes and AirAsia are making the right noises in entering the Chinese air industry. But is it a smart move or brave folly?
The German Air Force is seeking warplane replacements for its current fleet.
Airbus intends to utilize drones to offer services from monitoring agriculture to reviewing bridge maintenance to inspecting rail lines and cellphone towers.
The aerospace components maker lightened up on its own estimates for full year results and now expects 2017 earnings per share of $12.09-$12.33, versus an analyst average $12.22 estimate.
The world's No.2 plane maker inisted it could still hit full year targets but admitted that engine problems on its new A320neo "need to be resolved."
The company blamed unfixed engine problems for delays on the delivery of its passenger jet.
Allegiant Travel is taking a hit after first quarter earnings came in below expectations.
Documents reviewed by Reuters noted Enders as one of those accused in the investigation.
Airbus' A400M program costs 20 billion euro ($21.4 million), and the company continues to face technical problems.
An analyst has likened the electric carmaker to Amazon, Netflix and Apple. Here's why that's a ridiculous idea.
The Dax rose following a strong performance from the automotive sector, but both London and Paris slumped.
It is possible the jet industry will see a decline in jet orders in 2017.
The strength of Boeing is showing investors not to forget industrial companies, Jim Cramer said.
The tech industry depends on its ability to attract highly skilled migrants.