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2023-08-01 01:36:28 ET Summary Boeing has seen a 50% rally in its stock this year due to the global return to service of the 737 and massive industry tailwinds. The management predicts significant growth in the addressable markets, including the world fleet, the aircraft services ...
2023-07-31 08:09:12 ET AerCap’s ( NYSE: AER ) stock on Monday rose 5.1% in premarket trading after the aircraft-leasing company reported Q2 results that beat Wall Street’s estimates. Net income jumped 45% to $492.9 million, or $2.12 a share, from $339.8 million, or...
2023-07-28 05:24:01 ET Airbus SE press release ( OTCPK:EADSF ): 1H GAAP EPS of €1.93. Revenue of €27.66B (+11.5% Y/Y) misses by €2.28B . For further details see: Airbus SE GAAP EPS of $1.93, revenue of €27.66B misses by ...
2023-07-26 13:48:31 ET Summary MTU Aero Engines' stock has underperformed compared to the S&P 500, despite posting strong financial results, due to a disclosed engine defect from Raytheon Technologies. For H1 2023, MTU Aero Engines' revenues grew 25% to €3.093 billion, ...
2023-07-26 12:30:48 ET Airbus ( OTCPK:EADSF ) ( OTCPK:EADSY ) this month was hit with another constraint to its supply chain that may hamper efforts to keep its lead over rival Boeing ( NYSE: BA ), The Wall Street Journal reported Wednesday. The European plane maker has ...
2023-07-26 09:50:16 ET RTX ( NYSE: RTX ) on Wednesday was downgraded to Equal weight from a previous investment rating of Overweight by analysts at Morgan Stanley. They said the aerospace and defense company has presented investors with “unknown unknowns” after its Pra...
2023-07-26 07:40:25 ET Airline carriers could face downtime during the busy summer travel season in the wake of RTX's ( NYSE: RTX ) disclosure of a manufacturing defect in some jet engines. Pratt & Whitney estimated a significant portion of the PW1100G-JM engine fleet, which...
2023-07-25 18:47:45 ET Summary Hexcel Corporation, a provider of composite materials and structures, reported Q2 2023 earnings, with the stock trading nearly 6% lower. The company's sales grew by 11% and 16.1% for the quarter, primarily driven by the Boeing 787, Airbus A350 and Airbus...
2023-07-25 14:30:29 ET Summary RTX Corporation reported strong quarterly results, but a problem with high-pressure turbines in Pratt & Whitney aircraft engines overshadowed the positive news. The market sell-off appears to be an overreaction, but management has not yet fully q...
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. ...
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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 ...