Bloomberg Airbus Group SE’s struggles with its A380 superjumbo jet are deepening as the planemaker delays deliveries of a dozen aircraft over the next two years to Emirates, the double-decker’s biggest customer. To make up for the financial drag from the tardier handovers, Airbus will accelerate cost cuts, according to an e-mailed company statement. The delay stems from an ...

  Bloomberg Delta Air Lines Inc. scrapped an order for 18 Boeing Co. widebody Dreamliner jets valued at $4 billion at list prices, a commitment that was inherited with the company’s 2008 merger with Northwest Airlines. Atlanta-based Delta reached an agreement with Boeing on the cancellation, without disclosing terms, according to a statement from the carrier. The airline is sticking ...

  Bloomberg China is looking to draw private investors, including those from outside the country, into its aerospace programme to supplement funding from the government for commercial satellite launches. Investment is welcome for commercial rocket development, satellite research, manufacturing and for applying aerospace technologies to public welfare, Wu Yanhua, vice minister of China National Space Administration, said at a press ...