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2023-06-30 18:21:05 ET Summary Embraer's ability to secure orders is somewhat constrained at this point. Sales in the small narrow body segment are slow for all OEMs. The Paris Airshow was not the big test for Embraer. The real test will be in the years to come with replac...
2023-06-30 05:59:17 ET Summary Airbus was the big winner of the Paris Airshow 2023. The company should see a significant addition to its backlog. Future planned production rates are firmly supported by the backlog. The Paris Airshow was hosted earlier this month. In ...
2023-06-29 06:03:00 ET Summary Demand for air travel is proving resilient despite higher ticket prices. Passengers returned rapidly in 2022 and the recovery will continue this year and next. This is primarily being driven by leisure, but business travel is picking up too. Mean...
2023-06-28 19:55:51 ET Summary The Boeing Company booked big Air India order during Paris Airshow, but otherwise had a very quiet airshow. Despite absence of significant orders or new business, sales opportunities continue to exist. Backlog assessment shows that Boeing's produ...
2023-06-28 09:02:00 ET Summary The Delta Air Lines Investor Day presentation lifted the stock and the industry. Delta continues to see a positive growth path ahead for its business, growing more diverse and more efficient. Delta's diversified business strategy is unmatched in ...
2023-06-27 16:14:55 ET Spirit AeroSystems ( NYSE: SPR ) has reached a tentative labor agreement with a union representing about 6,000 workers at its airplane parts factory in Wichita, Kansas, CNBC reported. Spirit's ( SPR ) stock rose 1.3% in extending trading after the re...
2023-06-27 15:29:37 ET Summary Spirit Airlines has reduced capacity forecasts driven by supply chain challenges for airplanes and engines. In case of approval for the combination with JetBlue, a significant upside remains but as a standalone business the company also can perform w...
2023-06-27 13:44:31 ET Spirit AeroSystems ( NYSE: SPR ) presented a new contract offer to 6,000 union workers who voted to strike, leading the company last week to suspend operations at its factory in Wichita, Kansas. A local lodge of International Association of Machinists an...
2023-06-23 15:14:47 ET Summary Raytheon Technologies Corporation aims to nearly double its free cash flow to $9 billion. The company aims to better utilize its production capability and extract value from digital solutions and its product portfolio. All of this feathers into t...
2023-06-19 12:01:50 ET Airbus ( OTCPK:EADSY ) ( OTCPK:EADSF ) on Monday received what the company described as the biggest order for passenger planes in history with an order for 500 narrowbody jets from Indian budget carrier IndiGo. The European plane maker announced the deal a...
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NTT DOCOMO and Space Compass partners with Airbus on HAPS, committing to a USD$100 million investment in AALTO TOKYO / FARNBOROUGH, June 3, 2024 - (JCN Newswire) - A consortium of Japanese businesses ("the Japanese Consortium") led by NTT DOCOMO, Inc. ("NTT DOCOMO") and Space Compas...
PARIS & SINGAPORE, Feb 5, 2020 - (ACN Newswire) - STREAMWIDE, the specialist in critical communication solutions, today details the agreement and strategic partnership, announced at the end of 2018, with AIRBUS Secure Land Communications (AIRBUS SLC). AIRBUS SLC and STREAMWIDE have signed ...