Search Site

Trends banner

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Airbus and Tata to build helicopter assembly line in India

The deal was announced during a two-day visit to India by French President Emmanuel Macron. (AFP)
  • Airbus said the facility -- which will take two years to set up -- would be the first such operation to be run by a private group in India.
  • Airbus CEO Guillaume Faury said making the helicopter in India would "unlock the true potential of the helicopter market in the country".

Paris, France – Airbus will build a helicopter assembly line in India with Indian conglomerate Tata, the European aircraft manufacturer said Friday.

The deal was announced during a two-day visit to India by French President Emmanuel Macron.

Airbus said the facility — which will take two years to set up — would be the first such operation to be run by a private group in India.

It will assemble and test the major components of the H125 Ecureuil helicopter, and deliver the helicopter to customers in India and neighboring countries.

Airbus CEO Guillaume Faury said making the helicopter in India would “unlock the true potential of the helicopter market in the country”.

The H125 is a light civilian helicopter which can transport up to six people.

In 2021, Airbus decided to set up an assembly line for C295 military transport aircraft in the western Indian state of Gujarat, also together with Tata.

Macron has pushed for greater French involvement in the Asia-Pacific at a time when Washington and its Western allies are courting India as a military and economic counterweight to China.