The head of Iran's Civil Aviation Organization says a likely revival of the 2015 deal will resurrect the country's contracts to buy passenger jets from the likes of Airbus and Boeing.

Australia's Qantas Airways Ltd announced Thursday it has switched from Boeing Co. to Airbus SE as its preferred supplier to replace its domestic fleet.

The United States and the European Union have agreed on a long-term truce aimed at ending a 17-year Airbus-Boeing dispute.

Iran says Airbus and Boeing are to resume their contractual obligations with regards to Tehran.

Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks.

European planemaker Airbus axed its dividend for a second year and predicted flat deliveries this year as it braces for more coronavirus uncertainty after posting a 2020 loss.

Iran’s Civil Aviation Organization has written to Boeing to inquire about the fate of a $16.5 billion deal for 80 jets with the US aircraft maker, CAO Chief Executive Touraj Dehqani Zanganeh says.

The United States announced Wednesday that it will impose additional tariffs on French and German products.

French Finance Minister Bruno Le Maire urges the European Union (EU) to slap sanctions on the United States in their dispute over state aid for Boeing and Airbus.

The EU urges the US to lift tariffs imposed in a long-running dispute over aircraft subsidies.