Airbus cuts 15,000 positions in its “COVID-19 adaptation plan”

June 30, 2020, © Leeham News: Airbus held a press call with its CEO Guillaume Faury today, where he elaborated on Airbus announced “COVID-19 adaptation plan”.  Over the next 12 months, Airbus needs to reduce its airliner business… Read More

Looking ahead for 2020 and 2030 decades: Airbus

First in a series of reports. Subscription Required By Scott Hamilton and Vincent Valery June 17, 2020, © Leeham News: Airbus was riding high in February. The A321XLR was a clear winner. An important order was won from… Read More

Lessor exposure to Airbus, Boeing wide-bodies

Subscription Required By Scott Hamilton May 18, 2020, © Leeham News: As airlines park or retire thousands of aircraft, lessors with wide-body airplanes are most at risk. Single-aisle airplanes are easier to re-lease and more in demand when… Read More

Airbus 1Q2020, preparing for “the gravest crisis in our industry’s history”

April 29, 2020, © Leeham News: Airbus presented its results for the first quarter of 2020 today. In the accompanying news conference, Airbus CEO Guillaume Faury said, “we are facing the gravest crisis in our industry’s history,” and… Read More

Airbus cut production rates by a third

By Scott Hamilton April 8, 2020, © Leeham News: Airbus today said it will cut production of the A320, A330, and A350 lines due to COVID-19. The new rates are: A320 to rate 40 per month (from 60-63);… Read More

Pratt & Whitney committed to advanced GTF for Airbus

Subscription Required Now open for all readers. By Scott Hamilton March 30, 2020, © Leeham News: Pratt & Whitney is concurrently developing what might be termed the next generation GTF. This is an advancement over the current engine,… Read More

Airbus expands virus precautions across production lines, company

By Scott Hamilton March 23, 2022, (c) Leeham News: Airbus is working to make its production lines safe, but will have lower rates than before the coronavirus pandemic caused lockdowns in France and Spain, the CEO said today…. Read More

Coronavirus upends Airbus, Embraer in addition to Boeing woes

Subscription Required By Scott Hamilton Introduction March 23, 2020, © Leeham News: The dramatically and continuously worsening impact of coronavirus worldwide is upending Boeing—more than it has been—and Airbus. Boeing is considering shutting the wide-body production lines, The… Read More

Airbus boosts liquidity to €30bn with new credit line; suspends dividend

By Scott Hamilton March 22, 2020, (c) Leeham News (Seattle Time): Airbus today announced a new €15bn credit facility to boost liquidity during the COVID-19 virus crisis. In an early morning release March 23, Toulouse time, Airbus said… Read More

Can the Airbus A321XLR fly trans-Oceanic routes?

By Bjorn Fehrm Subscription Required Introduction March 19, 2020, © Leeham News: Over the last weeks, we compared the Airbus A330-900 to the A350-900 when flying the long routes over the Pacific Ocean. Now we pose the question:… Read More