By Tim Hepher and Joanna Plucinska PARIS (Reuters) -European planemaker Airbus is nearing a deal to sell A220 passenger jets to Polish carrier LOT after a hard-fought and politically charged contest with Brazilian planemaker Embraer,

The global aviation sector is poised for decades of growth that will outlast short-term uncertainties, Airbus (OTCPK:EADSF) (OTCPK:EADSY) said Wednesday in its latest market outlook. The aircraft manufacturer projects a 3.

PARIS—Reaching its airliner production goals is becoming “a bit more difficult every day,” Airbus CEO Guillaume Faury says on the eve of the 2025 Paris Air Show. Yet the manufacturer's plans for ramping up output “remain the same.”

European planemaker Airbus is nearing a deal to sell A220 passenger jets to Polish carrier LOT after a hard-fought contest with Brazilian planemaker Embraer , industry sources said on Friday.

Airbus has released its newest Global Market Forecast indicating that between 2025 and 2044, around 43,420 new passenger and freighter aircraft will be needed.

Now, with the €4.5 billion ($4.9 billion) Phase 2 approaching in 2026 paving the way to develop several demonstrators including a flying demonstrator, a sensor testbed and a demonstrator powerplant, Airbus CEO Guillaume Faury hinted that the transition from Phase 1B to Phase 2 is “not going to be easy.”

Airbus SE deliveries remain low, but the backlog supports sustained growth in deliveries for years to come. Click here to find out why EADSY stock is a Buy.

Airbus on Friday named the head of its Canada operation, which oversees the A220 jet, to run its global supply chain.

Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still undecided between the Airbus SE A220 or Embraer SA’s E2, according to people familiar with the matter.

The CEO of Commerical Aircraft at Airbus has laid the blame for a slow start to annual aircraft deliveries on issues surrounding engine supplies and lavatories.

The program is part of Airbus’ efforts to keep the A330neo fresh after it has started to gain some commercial momentum. Airbus is now sold out to 2028 with the aircraft, says Julien Puyou, who heads the manufacturer's widebody programs.