Airbus new €15bn credit facility, resumes production
Airbus has announced it's acquired a new €15 billion credit facility and will withdraw its 2020 dividend proposal, which has a cash value of €1.4 billion.
Monday travel bans latest: Singapore halts transit
Sinagapore has banned anyone from using its airports to transit, despite Changi Airport being one of the world's most popular layover hubs.
Singapore Airlines announced on Monday morning it will cut 96 per cent of its capacity until the end of April.
Boeing to cut staff and dividend: Report
Boeing is set to lay off staff and cut its dividend in the wake of a collapse in aircraft orders, The Wall Street Journal has reported.
Feature: Is the 16-year commercial aviation boom over?
Until recently, the world's leading aircraft manufacturers Boeing and Airbus were behind of their delivery schedules due to the high demand for their workhorse passenger planes such as the A320neo or 787 Dreamliner.
US reignites Boeing-Airbus trade war despite COVID-19
The United States has reignited its trade war with Airbus despite the coronavirus crisis, raising tariffs from 10 to 15 per cent on the European planemaker’s aircraft.
