Airbus Group (AIR.PA) reversed part of its plans to cut production of a key aircraft model due to a rebound in demand, a move likely to generate extra cash as it posted 2015 profits in line with expectations on Wednesday.
TEHRAN: Iran said Sunday it will buy 114 Airbus planes to revitalise its ageing fleet, in the first major commercial deal announced since the lifting of sanctions under its nuclear agreement.
ISLAMABAD: On the directives of Prime Minister Mian Mohammad Nawaz Sharif, a plan to evacuate stranded Pakistanis in Yeman has been made, ARY News reported.
MIAMI: A $340 million sun-observing spacecraft that was initially dreamed up by former US vice president Al Gore is finally poised to launch Sunday after being kept in storage by NASA for years.
TOKYO: European aircraft maker Airbus Group NV is suing Skymark Airlines Inc in Britain, escalating a half-year spat over a cancelled jet order and complicating the efforts of Japan’s third-biggest carrier to rebuild its finances.