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Global airlines race to fix A320 jets after Airbus recall

Financial Express Pune

|

November 30, 2025

Airbus CEO apologises to airlines, passengers

- REUTERS

GLOBAL AIRLINES SCRAMBLED on Saturday to fix a software glitch on their Airbus A320 jets as a recall by the European planemaker temporarily grounded aircraft in Asia and Europe and threatened travel in the United States during the busiest weekend of the year.

Airbus CEO Guillaume Faury apologised to airlines and passengers after the surprise recall of 6,000 planes or more than half of the global A320-family fleet, which recently overtook the Boeing 737 as the industry's most-delivered model. "I want to sincerely apologise to our airline customers and passengers who are impacted now," Faury posted on LinkedIn. Friday's alert followed an unintended loss of altitude on an October 30 JetBlue flight from Cancun, Mexico, to Newark, New Jersey, which injured 10 passengers, according to France's BEA accident agency, which is probing the incident.

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Vi unveils three-year growth plan, lines up ₹45,000 crore

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‘Nutrition is an area of interest for us’

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Software-led deals deliver profit for Pine Labs in Q3

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ONGC in talks with ExxonMobil for joint bids under OALP rounds

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Budget to tackle external threats

THOUGH THERE WILL be no change in the stated policy to allow the rupee's value to be market-determined, policymakers have taken note of the rising costs of imported machinery and intermediates caused by the weaker local currency, and its dampening impact on the investment climate.

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Avoiding agentic debt spiral

AFTER A DECADE of racing to the cloud, adopting microservices and automating workflows, Indian enterprises gained efficiency but also accumulated hidden debt. Now a new form is emerging: faster, harder to detect and far more consequential. This time, the debt isn’t technical—it’s cognitive. It’s agentic debt.

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India comes out on top in trade pact with EU: Greer

THE US IN its first comments on the India-EU Free Trade Agreement (FTA) has said that India has emerged as the winner.

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Excise revenue bucks declining trend, growth seen above 10% this fiscal

AMID FALTERING OVERALL tax collections so far in FY26 (2025-26), Union excise duty collections are poised to reverse the recent declining trend.

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