By , , Boeing accused Embraer of failing to meet conditions for closing the transaction, but Embraer said Boeing had torpedoed it because of wider financial problems it faces as a result of the coronavirus crisis and the grounding of its 737 MAX.“Embraer believes strongly that Boeing has wrongfully terminated the (agreement,)” the Brazilian company said.Boeing struck a more emollient tone but behind the scenes, both sides were bracing for months of argument over the breakup.“Over the past several months, we had productive but ultimately unsuccessful negotiations ... We all aimed to resolve...…By , , Boeing accused Embraer of failing to meet conditions for closing the transaction, but Embraer said Boeing had torpedoed it because of wider financial problems it faces as a result of the coronavirus crisis and the grounding of its 737 MAX.“Embraer believes strongly that Boeing has wrongfully terminated the (agreement,)” the Brazilian company said.Boeing struck a more emollient tone but behind the scenes, both sides were bracing for months of argument over the breakup.“Over the past several months, we had productive but ultimately unsuccessful negotiations ... We all aimed to resolve...WW…

By , (Reuters) -Boeing Co urged the United States on Wednesday to keep human rights and other disputes separate from trade relations with Beijing, and warned European rival Airbus would gain if the U.S. planemaker were locked out of China.Chief Executive Dave Calhoun told an online business forum he believed a major aircraft subsidy dispute with Europe could be resolved after 16 years of wrangling at the World Trade Organization, but contrasted this with the outlook on China.“I think politically (China) is more difficult for this administration and it was for the last administration. But we...…By , (Reuters) -Boeing Co urged the United States on Wednesday to keep human rights and other disputes separate from trade relations with Beijing, and warned European rival Airbus would gain if the U.S. planemaker were locked out of China.Chief Executive Dave Calhoun told an online business forum he believed a major aircraft subsidy dispute with Europe could be resolved after 16 years of wrangling at the World Trade Organization, but contrasted this with the outlook on China.“I think politically (China) is more difficult for this administration and it was for the last administration. But we...WW…

By , PARIS (Reuters) - Budget giant Ryanair is set to place a hefty order for up to 75 additional Boeing 737 MAX jets, throwing a commercial lifeline to the embattled U.S. planemaker after regulators lifted a 20-month safety ban, industry sources said.Europe’s largest low-cost carrier has been negotiating for months with Boeing over whether to exercise an option for 75 jets, lifting its total MAX order as high as 210 aircraft, as part of a compensation deal for delays caused by the grounding.But a deal for dozens of jets only became possible once U.S. and European regulators lifted the...…By , PARIS (Reuters) - Budget giant Ryanair is set to place a hefty order for up to 75 additional Boeing 737 MAX jets, throwing a commercial lifeline to the embattled U.S. planemaker after regulators lifted a 20-month safety ban, industry sources said.Europe’s largest low-cost carrier has been negotiating for months with Boeing over whether to exercise an option for 75 jets, lifting its total MAX order as high as 210 aircraft, as part of a compensation deal for delays caused by the grounding.But a deal for dozens of jets only became possible once U.S. and European regulators lifted the...WW…

A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France July 2, 2020. REUTERS/Benoit Tessier/File PhotoRegister now for FREE unlimited access to Reuters.comPARIS, April 12 (Reuters) - Airbus on Monday announced the biggest shake-up in its top ranks since Chief Executive Guillaume Faury took the helm two years ago, sparked by the departure of two key executives.The French CEO said the shake-up, reducing its executive committee in size and doing away with the split ownership of technical resources dating back to a former structure driven by European politics,...…A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France July 2, 2020. REUTERS/Benoit Tessier/File PhotoRegister now for FREE unlimited access to Reuters.comPARIS, April 12 (Reuters) - Airbus on Monday announced the biggest shake-up in its top ranks since Chief Executive Guillaume Faury took the helm two years ago, sparked by the departure of two key executives.The French CEO said the shake-up, reducing its executive committee in size and doing away with the split ownership of technical resources dating back to a former structure driven by European politics,...WW…

By PARIS (Reuters) - Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks.The U.S. plane giant’s intervention is not without precedent in a global system that regularly allows manufacturers to chime in whenever safety rules are being interpreted in a way that might affect the rest of the industry.But it comes at a pivotal moment as Boeing emerges from a two-year safety crisis over its competing 737 MAX, and Airbus faces its own crucial test of the tougher mood expected from regulators...…By PARIS (Reuters) - Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks.The U.S. plane giant’s intervention is not without precedent in a global system that regularly allows manufacturers to chime in whenever safety rules are being interpreted in a way that might affect the rest of the industry.But it comes at a pivotal moment as Boeing emerges from a two-year safety crisis over its competing 737 MAX, and Airbus faces its own crucial test of the tougher mood expected from regulators...WW…

By , MONTREAL/PARIS (Reuters) -The head of European planemaker Airbus called for an end to separate diplomatic squabbles over Britain’s exit from the European Union and a transatlantic aircraft subsidy dispute that collectively overshadow its business.Slideshow Chief Executive Guillaume Faury said Airbus - whose manufacturing plants straddle Britain and the EU - was preparing itself for disruption if Britain completes its exit from the bloc without a deal, but downplayed warnings of severe upheaval.“It would really be a pity that after so many years of preparation there is no deal at the...…By , MONTREAL/PARIS (Reuters) -The head of European planemaker Airbus called for an end to separate diplomatic squabbles over Britain’s exit from the European Union and a transatlantic aircraft subsidy dispute that collectively overshadow its business.Slideshow Chief Executive Guillaume Faury said Airbus - whose manufacturing plants straddle Britain and the EU - was preparing itself for disruption if Britain completes its exit from the bloc without a deal, but downplayed warnings of severe upheaval.“It would really be a pity that after so many years of preparation there is no deal at the...WW…

By PARIS (Reuters) - Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended a 20-month grounding triggered by two fatal crashes.The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people.“We wanted to carry out a totally independent analysis of the safety of this aircraft, so we performed our own checks and flight tests,” Executive Director...…By PARIS (Reuters) - Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended a 20-month grounding triggered by two fatal crashes.The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people.“We wanted to carry out a totally independent analysis of the safety of this aircraft, so we performed our own checks and flight tests,” Executive Director...WW…

By PARIS (Reuters) - Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended a 20-month grounding triggered by two fatal crashes.The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people.“We wanted to carry out a totally independent analysis of the safety of this aircraft, so we performed our own checks and flight tests,” Executive Director...…By PARIS (Reuters) - Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended a 20-month grounding triggered by two fatal crashes.The head of the European Union Aviation Safety Agency (EASA) said in remarks aired on Saturday that the 737 MAX was safe to fly after changes to the design of the jet that crashed twice in five months in 2018 and 2019, killing 346 people.“We wanted to carry out a totally independent analysis of the safety of this aircraft, so we performed our own checks and flight tests,” Executive Director...WW…

By , , The World Trade Organization tariff award, which confirms a decision first reported by Reuters on Sept 30, threatens to intensify transatlantic trade tensions just three weeks ahead of the U.S. presidential election.Both the United States and the EU have signalled interest in settling the dispute over planemaker subsidies, while accusing the other of refusing to talk seriously.Tuesday’s decision, delayed by the COVID-19 pandemic, follows a WTO ruling last year prompting Washington to begin imposing tariffs on $7.5 billion in EU goods over state aid for Airbus, which has sites in...…By , , The World Trade Organization tariff award, which confirms a decision first reported by Reuters on Sept 30, threatens to intensify transatlantic trade tensions just three weeks ahead of the U.S. presidential election.Both the United States and the EU have signalled interest in settling the dispute over planemaker subsidies, while accusing the other of refusing to talk seriously.Tuesday’s decision, delayed by the COVID-19 pandemic, follows a WTO ruling last year prompting Washington to begin imposing tariffs on $7.5 billion in EU goods over state aid for Airbus, which has sites in...WW…