AIRCRAFT manufacturer Airbus has said that demand for its new aircraft will likely drop by more than 50% this year as an initial flurry of A320neo purchases wanes.

France’s stock market regulator said today it will proceed with charges in connection with its probe into alleged insider-trading at Airbus parent company EADS.

European aircraft manufacturer Airbus is set to reveal cost-cutting plans to save £3.4bn (€5bn) within three years, it was reported today.