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Airbus narrows software crisis as airlines ride out A320 recall
Business World Philippines
|December 02, 2025
Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than originally expected, as it wrestled with safety headlines long focused on rival Boeing.
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Dozens of airlines from Asia to the United States said they had carried out a snap software retrofit ordered by Airbus, and mandated by global regulators, after a vulnerability to solar flares emerged in a recent midair incident on a JetBlue A320.
But some require a longer process and Colombia’s Avianca continued to halt bookings for dates until Dec. 8.
Sources familiar with the matter said the unprecedented decision to recall about half the A320-family fleet, or 6,000 jets, was taken shortly after the possible but unproven link to a drop in altitude on the JetBlue jet emerged late last week.
Following talks with regulators, Airbus issued its 8-page alert to hundreds of operators on Friday, effectively ordering a temporary grounding by ordering the repair before next flight.
“The thing hit us about 9 p.m. (Jeddah time) and I was back in here about 9:30. I was actually quite surprised how quickly we got through it: there are always complexities,” said Steven Greenway, chief executive officer (CEO) of Saudi budget carrier Flyadeal.
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Business World Philippines
US stocks end slightly lower as investors await Fed rate decision
THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the US Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest US bank warned of hefty expenses for 2026.
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Soybean futures extend slide; corn climbs after USDA data
US soybean futures hit their lowest in more than a month on Tuesday, pressured by uncertainty about Chinese demand for US supplies as well as expectations of large South American harvests, analysts said.
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Business World Philippines
ADB says PHL still likely to post second-fastest growth in Southeast Asia
THE ASIAN Development Bank (ADB) slashed its growth forecasts for the Philippines for this year and 2026 but it is still expected to be the second-fastest growing economy in Southeast Asia.
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Unemployment rate rises to 5%, highest in 3 months
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3 mins
December 11, 2025
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