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Second quarter shipments indicate Strong Boeing Q2 and Q3 and Weak Q2 Airbus. Boeing shipments are up 27% in the second quarter. Revenue will be up more than one-third. Boeing will likely be above break even. Airbus shipments are up 8% but revenue is flat, at best, because of lowe...
Boeing maintained momentum on day 2 of the Farnborough Airshow. Airbus had nothing of financial interest to announce. Embraer also had a strong day, with orders for its aircraft and commitments for eVTOLs via Eve. On the first day of the Farnborough International Airshow...
There is a demand for travel again that cannot be met due to labor shortages currently. There is no indication that demand in the space has been destroyed due to inflation or higher prices, but it’s something to be watched. David Mau, Portfolio Manager, TD Asset Management,...
Boeing and Delta just announced a long-expected order for the Boeing MAX10. General Electric is half owner of CFM International, the manufacturer of engines for the MAX family. CFM International has chosen Delta as the first North American MRO servicer for MAX engines. T...
Boeing threatened to abandon development of the MAX 10. Boeing has gathered over 700 orders for the type. Abandoning development would cause serious harm to Boeing's competitive strength in the large single aisle market. Threat is part of an orchestrated campaign by Boeing. ...
Boeing ( NYSE: BA ) -1.2% in early Friday trading as Benchmark cut its stock price target to $200 from $250, with analyst Josh Sullivan citing concerns about the broader economic backdrop, re-certification of 737 planes in China, and 777x development timelines. The "...
The world will need to more than double the number of passenger and freighter aircraft by 2041 to meet demand, according to Airbus’s latest outlook. As international trade is expected to double over the next 20 years, the number of large freighter aircraft will need to increase...
Boeing ( NYSE: BA ) said Tuesday it delivered 51 airplanes in June to bring its H1 total to 216 jets, up 38% from the first six months of last year and topping 50 for the first time since March 2019 . June deliveries included 43 Boeing 737 MAX, which is recovering from a...
Park Aerospace is a tiny company with big growth drivers. PKE is currently pressured by macro factors. While the opportunity for investment is there, Park Aerospace has a low total return level. Whether we are analyzing airlines or the big defense players, the commercial...
Boeing stock has fallen steadily over the last 18 months. Revenue in the First Quarter fell 6% YoY while earnings were negative $1.5 billion and cashflow negative $3.2 billion. Airbus first quarter revenue is up 15 percent to $12.5 billion while that income was up 411%. It is recoveri...
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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 ...