Airbus and Boeing halt production of its jets because of the coronavirus. Orders for new planes have fallen as air travel has plummeted due to the pandemic.
A Florida company has found a way to sidestep the Trump administration's new, 25% tariffs on French wine. The company is importing bulk wine by the truckload tariff-free and bottling it in the U.S.
The Trump administration is preparing tariffs on billions of dollars in imports from Europe in retaliation for subsidies of Airbus jets. The levies would hit products ranging from aircraft to wine.
The European company says it has no reason to continue production after its biggest customer cut back its orders. Despite much fanfare, the double-decker plane has struggled to find a market.
The BelugaXL's paint job "features beluga whale-inspired eyes and an enthusiastic grin." For several hours on Thursday, the whale soared over southern France.
Airbus and Uber are planning for a future of flying cars and sky taxis. "You literally push a button and you get a flight," an Uber executive says. But will our Tomorrowland ever really arrive?
The Chicago-based aircraft manufacturer is the first major U.S. company to do business in Iran since sanctions were lifted earlier this year as part of the international nuclear accord.
Iran's President Hassan Rouhani has received a warm welcome in Europe amid a series of business deals worth billions of dollars with the likes of Peugeot. A megadeal with Airbus is in the works.
