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GE's total debt was $35,140 million in Q2 2022, down 47.2% year-on-year. GE's aviation division generated $6,127 million in Q2 2022 revenue, up 26.7% from Q2 2021. GE Aerospace is a leader in the development of electric and sustainable aviation fuel engines for commercial aviation...
In the second quarter, Boeing's abnormal production costs, defense write-downs, and customer concessions for the 737 amounted to $1.1 billion. The 787 is expected to be delivered in the third quarter, which would finally unlock a large source of revenue and profit. Boeing shipment...
Airbus has strong order momentum. There are indications that this momentum will only improve. However, delivery numbers are poor. Expectations are that Airbus will lower its delivery guidance. In my analysis of the Q1 2022 results from Airbus, I pointed out that ...
Boeing without doubt won the airshow order battle. In the annual order battle, Boeing remains behind due to an order from Airbus for China underlining the importance of that market. Boeing created the desired momentum for the MAX and particularly the MAX 10. From the 18t...
Eve announced a tentative agreement with BAE Systems for the purchase of up to 150 eVTOLs. Agreement underlines the willingness to explore application of eVTOLs beyond urban air mobility solutions. The eVTOL development is in its early phase and it is likely that many of the eVTOL...
The European Central Bank raised rates one-half of one percentage point this morning, despite a record low rate of consumer confidence and a likely recession. There is political turmoil among all the leading economies of Europe. Nord Stream 1 has resumed gas production this mornin...
The European Union blocked a proposal to sanction Russian metals company VSMPO-Avisma on Thursday after France and other member countries objected because of fears of a potential retaliatory ban by Russia on titanium exports, The Wall Street Journal reported Thursday. The co...
Boeing ( NYSE: BA ) concluded a momentum building Farnborough Air Show Thursday with another 737 MAX jet order , from Qatar Airways, and a last-minute commitment from Luxembourg's Cargolux for the 777-8 freighter. The company secured a deal for 25 of the 737 10 narro...
Boeing announced tentative agreement for Dreamliners, but no MAX orders. Airbus booked its first big win of the airshow as easyJet gained shareholder approval to firm up 56 options for Airbus A320neo aircraft. Day 3 of the airshow was far from spectacular and it remains to be seen...
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...
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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 ...