Airbus SAS, the world’s largest commercial plane maker, denied a report that says the company didn’t expect to sell 150 jets to China this year due to the dampening expansion plan of Chinese airlines, sources reported.
Airbus told sources that the company is still in steady talks with Chinese firms and the report was untrue.
China agreed [...]

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Brazilian aerospace conglomerate Empresa Brasileira de Aeronáutica, S. A. (Embraer) has revealed plans to cut around twenty percent of the company’s workforce of 21,362 people. Twenty percent is over 4,200, but Embraer have not revealed exact numbers.
The firm has also scaled back predictions for deliveries and revenue. Estimated delivery figures for 2009 now [...]