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2023-03-17 19:02:03 ET Summary Spirit AeroSystems Holdings, Inc. is set to significantly improve margins in 2023 despite a challenging supply chain environment. The supply chain environment is improving. Higher costs to shift break-even points, but the upside has also expanded...
2023-03-13 11:00:00 ET Summary The market prospects of Boeing in China should not solely be viewed through the lens of geopolitical tension. Realities of the Chinese market include a dependency on Boeing that will not be undone any time soon and aspirations to become self-sufficie...
2023-03-12 11:11:02 ET Saudi Arabia's Public Investment Fund is close to a deal for Boeing Co. ( NYSE: BA ) jets with an order value of $35 billion. The order is expected to be announced amid the official launch of a new national airline on Sunday, according to a WSJ repor...
2023-03-09 20:25:56 ET General Electric ( NYSE: GE ) CEO Larry Culp on Thursday said it was too early to discuss jet engine volumes for 2025 and 2026, Reuters reported. Culp spoke to reporters after at the company's investor day, where GE said it on course to suppl...
2023-03-09 12:25:46 ET General Electric ( NYSE: GE ) on Thursday jumped as much as 9.2% to a four-year high of $94.94 after management forecast that demand for jet engines and maintenance services would drive revenue gains for the next couple of years. A rebound in air travel af...
2023-03-09 12:00:00 ET Summary Boeing’s 737 MAXs are once again operational in China. However, Beijing’s strive for self-sufficiency in commercial aviation is making it nearly impossible for Boeing to establish a stronger presence in China. At the same time, the ...
2023-03-08 17:55:06 ET Summary Airbus and Qatar Airways have settled their dispute regarding the paint issue on the Airbus A350. Although suggested otherwise by a small group, no adverse impact is expected for Boeing. Qatar Airways remains a customer for the Boeing 737 M...
2023-03-07 10:11:22 ET TransDigm Group ( NYSE: TDG ) on Tuesday touched a record high of $772.47 a share. The maker of aircraft parts is up about 23% since the beginning of the year, compared with a 5.9% gain for the Standard & Poor’s 500 stock index ( SP500 ). ...
2023-03-06 09:30:49 ET Summary Lufthansa ordered Airbus A350 and Boeing 787 airplanes. The airline group will significantly reduce specific fuel consumption. Order for Airbus A350-1000 could cast doubt on the future of Boeing 777-9 order. During the pandemic, we saw ...
Summary General Electric won the bulk of the Air India order. Rolls Royce will supply the engines for the Airbus A350 for which it is the sole turbofan supplier. Selection of GE/CFM turbofans makes a lot of sense when considering expertise and reliability. On the 14th of F...