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Olga NEDBAEVA AFP

Airbus profits slide as deliveries drop

Airbus profits slide as deliveries drop

Airbus said Tuesday its first-quarter profit fell as it delivered fewer planes to customers, falling behind rival Boeing for the first time in years. The drop in deliveries to 114 in the first quarter, compared to 143 for Boeing, was primarily due to a shortage of Pratt & Whitney

The 'housewives' did well -- Ukraine takes drone know-how abroad

The 'housewives' did well -- Ukraine takes drone know-how abroad

Like something straight out of a spy movie, lots of cloak and dagger was required before AFP could meet three Ukrainian drone manufacturers on the fringes of a hush-hush defence forum in Paris earlier this month. A rendezvous was set up on a bench near the Champs-Elysees, and

Airbus bets on copter capability for tomorrow's war drones

Airbus bets on copter capability for tomorrow's war drones

In the heart of southeastern France, aerospace giant Airbus is drawing on its helicopter expertise to develop drones -- a core element of modern warfare -- and enable them to work in tandem with manned aircraft. A small, isolated hangar at Pierrelatte airfield in France's Drome region bears the name

Airbus ready to build two new European fighters if countries want

Airbus ready to build two new European fighters if countries want

Airbus, which represents Germany and Spain in the multibillion-euro FCAS warplane program, will support a proposal to instead build two separate jets if the countries participating in the project request it, chief executive Guillaume Faury said Thursday. "If mandated by our customers, we would support a two-factor