Robert Besser
25 Feb 2025, 01:43 GMT+10
BLAGNAC, France: Airbus has set a target of delivering around 820 commercial jets in 2025, marking a seven percent increase from the previous year, while also confirming a delay in its A350 freighter program.
The European aerospace giant reported a drop in core annual operating earnings, though the results were primarily in line with market expectations. Alongside the update on deliveries, Airbus announced a new charge of 300 million euros (US$312.63 million) for its struggling Space division.
The company also highlighted concerns about the long-term future of its A400M military transport aircraft, which has struggled with sales.
Get a daily dose of Africa Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Africa Leader.
More InformationDrones have struck a ship on a mission to highlight the halting of humanitarian aid to the blockaded Gaza Strip, triggering a fire....
FAYETTEVILLE, West Virginia: Earlier this month, U.S. President Donald Trump signed orders to allow more coal mining on federal land...
SYDNEY, Australia: Australia's ruling Labor Party says it will raise the fee for international student visas to A$2,000 (US$1,279)...
WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that American military and business ships should be able to travel...
SINGAPORE: Singapore has ordered Facebook's parent company, Meta, to block Singaporeans from seeing posts made by three foreigners...
DES MOINES, Iowa: Iowa's governor has launched a lawsuit against the Des Moines Register, seeking to block the newspaper from obtaining...
TOKYO, Japan: Toyota Motor is weighing a potential investment in a primary buyout of one of its key suppliers, Toyota Industries, the...
LONDON, U.K.: Britons' outlook on the economy has hit an all-time low, with public confidence plunging to its weakest point since records...
BEIJING, China: China's Huawei Technologies is stepping up efforts to challenge U.S. dominance in artificial intelligence hardware,...
NEW YORK, New York - U.S. stocks forged higher and the U.S. dollar regained ground Thursday as investors shrugged off concerns about...
NEW YORK CITY, New York: Colgate-Palmolive posted stronger-than-expected quarterly results and raised its annual sales outlook last...
WASHINGTON, D.C.: President Donald Trump's administration warned over the weekend that it might limit livestock imports from Mexico...