TOULOUSE: European aircraft manufacturer Airbus said it has strong confidence in the growth opportunities in China. Hence, the company has made fresh investments in the country at a time when it canceled some projects elsewhere, said George Xu, executive vice-president of Airbus and CEO of Airbus China. Confidence in the China market remains high despite … Read more
PARIS: European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday. Net profit surged to 4.2 billion euros ($4.8 billion) with deliveries of aircraft rising eight per cent to 611 planes, Airbus said in an earnings … Read more
PARIS – European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday. Net profit surged to 4.2 billion euros ($4.8 billion) with deliveries of aircraft rising eight percent to 611 planes, Airbus said in an earnings … Read more
