air

Air Berlin scraps $5bn aircraft orders

Air Berlin, Germany's second-biggest airline, said on Friday it had cancelled orders with Boeing for 33 aircraft with a list price of about $5 billion.

aviation

Lufthansa forecasts profits to withstand tough 2011

Leading German airline Lufthansa on Thursday forecast improved operating profit and sales for this year and next, though 2011 is expected to be tough on the airline industry. The airline also announced the expansion and modernisation of its fleet.

Military

Airbus reportedly slashes price to win US military tanker project

European aerospace giant Airbus has cut its prices in a bid to win a fight with US rival Boeing for a $40-billion US Air Force tanker contract, a German business daily reported on Monday.

airline

Boeing blasts Germany over Airbus loan

US aerospace giant Boeing lashed out Monday at Germany's plans for a multibillion-euro loan to develop Airbus's A350 airliner, ahead of a WTO ruling on EU aid to its European arch-rival.

Military

US suggests Boeing alternative amid A400M transport woes

Kurt Volker, the US ambassador to NATO, on Tuesday suggested Germany could use a Boeing military transport plane to solve its heavy lift needs instead of the troubled A400M programme.