Europe’s Airbus is scrapping production of the A380 superjumbo, with lacklustre sales forcing it to abandon a dream of dominating the skies with a 21st century cruiseliner.

Boeing delivered a record 806 aircraft in 2018 to retain the title of the world’s biggest plane maker for the seventh straight year, but missed its full-year target of 810-815 deliveries due to supplier woes that delayed shipments.

The world's longest non-stop flight will be launched this Thursday by Singapore Airlines.

A British government minister has accused Airbus and other major companies of issuing “completely inappropriate” threats and undermining Theresa May in a sign of growing tensions with businesses over Brexit.

Some 1,000 jobs have been cemented in Belfast as Canadian aviation parts producer Bombardier reached a partnership agreement with Airbus on its C-Series line.

Aer Lingus owner IAG has declined to say if the decision of Airbus to suspend delivery of some of its highly-touted A320 Neo aircraft will affect the Irish airline’s plans.

The chief executive of Airbus is to step down in 2019 as the aircraft-maker shakes up management amid multiple corruption investigations.

Airbus have revealed they are to test a self-piloted flying taxi as part of an effort to alleviate congestion by taking commuting to the skies.

Airbus is to sell 430 planes to US firm Indigo Partners for $49.5 billion (€41.9 billion) in the European firm’s biggest deal ever.

Airbus said it had uncovered inaccuracies in its filings to US regulators over arms technology sales, drawing the US for the first time into a scandal over alleged misconduct at Europe’s largest aerospace firm.

Shares in Bombardier surged after the company ceded control of its slow-selling C Series jet programme to Airbus.

Airbus faces years of investigation by French and UK authorities into allegations of corruption over jet sales.

A criminal investigation into Airbus Group’s practices in selling planes and arranging financing overseas will seek to shed light on the use of third parties who are often critical in closing deals.

Airbus and Boeing racked up their lowest tally of aircraft orders in six years at the aviation industry’s annual showcase, as a slowing global economy and concern about the impact of Britain’s decision to quit the EU curbed demand.

European plane maker Airbus plans to cut production of its A380 super jumbo from 2017 as it struggles to revive sales of the world’s largest passenger jet, sources said.

Boeing plans to cut about 4,000 jobs from its commercial airplanes division by mid-year as part of a broader effort to reduce costs amid fierce competition from Airbus Group.

Latest Update: 12.50pm

Airbus delivered a record number of aircraft in 2013.