Airbus meets 2018 delivery target of 800 aircrafts, subject to ongoing audit

This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…

A hard-brexit would cost Jaguar Land Rover $1.59 billion every year

In recent weeks some of the biggest companies operating in Britain have been critical of a lack of clarity in Brexit’s outcome. On Thursday, Jaguar Land Rover, Britain’s biggest carmaker stated, if the negotiations between Britain and the European Union were to result in a so-called “hard Brexit” it would cost it $1.59 billion (1.2…

Boeing sees heightened demand for aircrafts from Southeast Asian countries

Airbus and Boeing see an increase in the demand for short-haul aircrafts for this region where low-cost carriers are aggressively servicing consumers’ demand for air travel. On Friday, Boeing Co stated it has increased its 20 year forecast for Southeast Asian demand by 460 aircraft. This marks the largest jump for any region in the…