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2023-07-25 14:06:21 ET Howmet Aerospace ( NYSE: HWM ) on Monday was rated Outperform in new research coverage by analysts at financial-services firm Baird. They said the maker of airplane parts and aluminum truck wheels is poised for growth amid strong demand for air travel. ...
2023-07-25 07:47:12 ET RTX’s ( NYSE: RTX ) stock fell 3% to $94 a share in premarket trading after the aerospace and defense company said its Pratt & Whitney unit found a manufacturing defect. “Pratt & Whitney has determined that a rare condition in powder ...
2023-07-21 14:12:00 ET Summary Jet2's FY2023 results show significant growth, with revenues 40% higher than pre-pandemic times, driven by higher capacity and ticket revenues. Profits surged by 48% and even 142% after FX revaluation. Jet2's diversification strategy includes selling...
2023-07-19 18:06:59 ET American Airlines Group ( NASDAQ: AAL ) reports Q2 earnings on Thursday before the open on the heels of strong prints from rivals Delta Air Lines ( DAL ) and United Airlines Holdings ( UAL ). The Fort Worth-based airline is expected to report EPS o...
2023-07-14 07:51:22 ET Summary Delta Air Lines reported Q2 earnings of $2.68 per share, beating analyst consensus by $0.29 and exceeding the high end of its guided range by $0.18. Despite record-high earnings and reinstated dividends, the stock has lost altitude due to flat guidan...
2023-07-11 09:17:36 ET Summary Park Aerospace Q1 FY24 results exceeded expectations. Company sees its supply chain issues easing. Valuation of Park Aerospace stock suggests double-digit upside. Park Aerospace ( PKE ) is one of the small aerospace suppliers that I...
2023-07-10 13:30:59 ET Summary Airbus booked more than 900 orders in June. Order inflow consisted of the anticipated Air India and IndiGo orders. Deliveries are showing an upward trajectory and could be indicative of supply chain issues becoming more manageable. I pr...
2023-07-10 11:18:09 ET Airbus ( OTCPK:EADSF )( OTCPK:EADSY ) on Monday marked the opening of a new assembly line for its A321neo passenger plane in Toulouse, France. The occasion is somewhat of a rebirth for a massive hangar that was deserted after the company stopped making the A38...
2023-07-05 13:05:33 ET Summary General Electric and Safran were the big winners of the Paris Air Show. GE Aviation is the only engine supplier with meaningful next generation turbofan exposure to wide-body and single-aisle jets. As LEAP profits ramp up and GE transforms into a...
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...
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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 ...