SEOUL, Nov. 14 (Korea Bizwire) – European aerospace giant Airbus SE said Tuesday it has been “actively” engaged with the South Korean government to set up a research and development (R&D) center in the country as it seeks to enhance partnerships with local companies. Airbus has said it aims to be a partner of choice [...]
SEOUL, Oct. 22 (Korea Bizwire) – Major global defense companies gathered at an international biennial defense trade show in South Korea set to close Sunday to display advanced military hardware and reaffirm their commitment to the local market. The Seoul International Aerospace and Defense Exhibition (ADEX) at Seoul Air Base in Seongnam, just south of [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it discussed ways with Airbus Defense and Space to boost cooperation on the development of next-generation fighter jets and other advanced technologies. First Vice Industry Minister Jang Young-jin met with Airbus DS CEO Michael Schoellhorn in Seoul, and exchanged opinions on details about [...]
SEOUL, Oct. 6 (Korea Bizwire) — Korean Air Lines Co. said Thursday it has signed a memorandum of agreement with Airbus Helicopters to develop unmanned reconnaissance helicopters for the South Korean military. Under the technology partnership, Korean Air will develop an unmanned carrier-based helicopter and an unmanned helicopter for surveillance and reconnaissance purposes over South [...]
CAPE TOWN, South Africa, April 25 (Korea Bizwire) — S-PLANE Automation has announced that its X-KIT has been selected by Airbus UpNext for its Extra Performance Wing demonstrator project. The X-KIT will be used to safely and reliably ensure the remote control of a Cessna Citation VII business jet that will fly breakthrough wing technologies. [...]
SEOUL, Feb. 28 (Korea Bizwire) — European aircraft maker Airbus expects a spike in demand for new aircraft from South Korea and other Asia-Pacific countries in the next two decades as cargo flights and passenger travels will rebound after a pandemic-caused slowdown, an Airbus executive has said. Fabrice Espinosa, Airbus’ chief representative for Korea, made [...]
ROME, Dec. 1 (Korea Bizwire) — ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. In addition, the [...]
ROME, Oct. 1 (Korea Bizwire) — A strategic agreement has been reached between ITA (Italia Trasporto Aereo) and Airbus for the purchase of 28 aircraft to be delivered from the end of the first quarter of 2022. The airline has signed a memorandum of understanding for the purchase of ten Airbus A330neo long-haul aircraft, seven [...]
AMSTERDAM, Netherlands and MONTREAL, Feb. 13 (Korea Bizwire) — Airbus SE (EPA: AIR), the Government of Québec and Bombardier Inc. (TSX: BBD.B) have agreed upon a new ownership structure for the A220 programme, whereby Bombardier transferred its remaining shares in Airbus Canada Limited Partnership (Airbus Canada) to Airbus and the Government of Québec. The transaction [...]
LONDON and NEW YORK, Jan. 23 (Korea Bizwire) – Airbus’ wholly owned subsidiary Skytra has selected Nasdaq (Nasdaq: NDAQ), architect and provider of the world’s most widely adopted financial market infrastructure technology, to provide the core technology for its derivatives trading venue. Headquartered in London, Skytra was recently established to help the $1 trillion per annum air travel [...]