Airbus’ Commercial Aircraft deliveries in 2017 were up for the 15th year in a row, reaching a new company record of 718 aircraft delivered to 85 customers. Deliveries were more than 4% higher than the previous record of 688 set in 2016. The 2017 total comprises: 558 single aisle A320 Family (of which 181 were A320neo – an increase of 166% over 2016); 67 A330s; 78 A350 XWBs (up by nearly 60% from 2016) and 15 A380s. Furthermore, to cap this resounding annual production achievement, Airbus achieved 1,109 net orders from 44 customers. At the end of 2017 Airbus’ overall backlog stood at 7,265 aircraft valued at US$1.059 trillion at list prices.Add your comment!
European Union countries failed this week to vote on a license extension for weed-killer glyphosate, delaying again a decision on the widely used herbicide that critics say could cause cancer. The EU said in a statement the relevant committee did not hold a vote at a meeting and that it would announce the date of the next meeting shortly.
A cold wave stretching across Europe has left at least two dozen people dead in the past two days, including several migrants and homeless people, with the frigid temperatures expected to continue. Four Portuguese tourists were killed and about 20 others were injured Sunday when their bus crashed off an icy highway in central France before dawn on what is locally known as “the road of death.”
Boris Johnson has insisted the UK is not “turning its back” on Europe after its decision to vote to leave the EU. The decision would not make the UK any less tolerant nor outward looking and would not reduce opportunities for young people, the ex-London mayor said.
The European Union has suffered a “double dip” collapse in favorability in many member states since 2010, with many citizens across Europe demanding it return powers to them, according to research. A report from the Pew Research Center published Tuesday found that the British, who will vote on their future in the bloc on June 23, are not the only country with doubts about the EU.
German Chancellor Angela Merkel on Tuesday rejected calls for Berlin to ditch its plans for a balanced budget next year and to instead invest more in order to shore up the faltering German and Euro zone economies. On Tuesday Germany slashed its 2014 growth forecast from 1.8% to 1.2%.
Uruguay's president Jose Mujica said the latest world events show that Europe 'has lost clout' in global affairs, and has lost strength as 'peace mediator', and this role could be “much better performed by Latin America”.
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe.
The United States ranks as the most competitive country in the world in a survey of 60 countries by IMD, a leading global business school in Switzerland. The survey finds Europe is recovering some of its competitive edge, while emerging economies, particularly in Latin America are struggling to hold their own.
By Robert Bensh of Oilprice.com - There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver's seat and how serious they are about becoming a part of Europe and reducing dependence on Russia. But by then, investors will have missed the boat.