Airbus reduced its 20-year forecast for single-aisle aircraft in China to 7,480 jets. The previous projection stood at 7,950 units. High-speed rail competition for journeys under six hours prompted the adjustment. China remains the world's largest aviation market according to the manufacturer.
Airbus secured a firm order for 15 A320neo aircraft from Air Cairo. This agreement marks the Egyptian carrier's first direct purchase from the manufacturer.
The defense division began developing the first layer of the IRIS² satellite constellation. The network will consist of at least 66 satellites for Europe's sovereign military communications.