Airbus profits soar despite new charge on A400M military plane

Airbus said Thursday that increased deliveries, windfall gains from divestments and favourable exchange rates enabled profits to take off last year, even though it booked a "substantial" new charge on its A400M military transporter ...

Emirates throws Airbus A380 a lifeline with jumbo order

Emirates Airlines said Thursday it has struck a $16 billion deal to buy 36 Airbus A380 superjumbos just days after the European manufacturer said it would have to halt production without new orders.

Green love-in at Paris Air Show but weaker sales

It was a love-in between ministers and industry execs as the Paris Air Show focused on environmental issues Thursday, but it capped a week of lower sales for big hitters Airbus and Boeing.

EU puts airline carbon tax on hold for a year

The EU will put its controversial carbon tax on intercontinental airline flights on hold for a year to give time for international talks to reach a compromise on the issue, a European source said Thursday.

EU says airline CO2 tax 'less than a coffee'

The EU's climate commissioner played down the impact of the controversial carbon tax being imposed by the bloc on airlines, saying Friday it would cost less than a cup of coffee per passenger.

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