Airbus Implements Cost-Cutting Measures Amid Anticipated Rise in Plane Demand
Airbus, the European aerospace giant, finds itself navigating a complex business landscape as it implements cost-cutting strategies while preparing for… Read More »
Ukraine Introduces ‘Bullet’ Drone to Counter Russian Aircraft
Ukraine has unveiled a new drone, dubbed the ‘Bullet,’ specifically engineered to target and neutralize Russian aircraft, including drones and… Read More »
Europe’s Future Combat Air System (FCAS) Boosted by AI-Powered Drone Wingmen
Europe’s ambitious Future Combat Air System (FCAS), a collaborative venture by Germany, France, Spain, and Belgium (as an observer), is… Read More »
Boeing Announces New Delivery Delays for 737 Max Aircraft
Boeing has recently informed some of its 737 Max customers about further delays in aircraft deliveries scheduled for 2025 and… Read More »
Airbus Implements New Cost-Cutting Strategy Amid Production Challenges
Airbus has unveiled a new performance improvement plan named “LEAD!” aimed at bolstering efficiency and managing costs within its planemaking… Read More »
Saudi Arabia Expands Air Fleet with Four More Airbus A330 MRTT Aircraft
Saudi Arabia has confirmed the purchase of four Airbus A330 Multi Role Tanker Transport (MRTT) aircraft, as announced by the… Read More »
Airbus Reports Delivery of 323 Aircraft in First Half of 2024
Airbus has confirmed that it delivered 323 airplanes in the first half of 2024, marking a 2% increase from the… Read More »
Boeing’s Strategic Moves: Spirit AeroSystems Acquisition and CEO Speculations
Boeing is making significant strategic moves, with its recent announcement on July 1 of acquiring Spirit AeroSystems, its largest supplier,… Read More »
Boeing to Plead Guilty and Pay Fine for 737 MAX Crashes
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to… Read More »
Airbus Secures $559 Million Compensation in Spirit AeroSystems Deal for Loss-Making Operations
Airbus has announced a strategic acquisition involving specific loss-making operations of Spirit AeroSystems, as part of a wider plan that… Read More »
Boeing’s Acquisition of Spirit AeroSystems: Impact and Implications
Boeing announced Jul. 1 it has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock… Read More »
Why Investing in a New Jetliner Is a Smart Decision
These are exciting times for new jetliner concepts. JetZero’s blended wing body, Ron Epstein’s high-wing/propfan jetliner and others offer hope… Read More »
Nvidia and Microsoft Poised to Lead AI Revolution, Predicts Wedbush’s Dan Ives
In a recent interview on CNBC’s “Squawk on the Street,” Dan Ives, Managing Director at Wedbush Securities, highlighted the pivotal… Read More »
Boeing 2024 Sustainability & Social Impact Report Shows Steady Progress
Boeing released its 2024 Sustainability & Social Impact Report, outlining our progress in support of our people, our environment, and our… Read More »
Boeing Faces Sanctions from NTSB Over Unauthorized Disclosure in Alaska Airlines Investigation
Boeing is under scrutiny from the National Transportation Safety Board (NTSB) following a breach of protocol in disclosing non-public details… Read More »
Airbus Faces Production Delays as CFM Navigates Supply Challenges Amid Boeing Tensions
Airbus, the European aerospace giant, has been compelled to delay its plans to increase the production of narrowbody jets due… Read More »
NTSB Sanctions Boeing for Unauthorized Release of Investigation Details
Boeing faces sanctions from the National Transportation Safety Board (NTSB) for unauthorized disclosures regarding an ongoing investigation into an incident… Read More »
Boeing Set to Resume Widebody Jet Deliveries to China After Regulatory Review
Boeing is poised to restart deliveries of its widebody jets to China, resuming operations that were temporarily halted due to… Read More »
Launch of New Air Force One 747-8 VC-25B Delayed to 2026
Boeing has announced another delay in the development of the new Air Force One, the 747-8 VC-25B, pushing its first… Read More »
Airbus Shares Plunge as Company Downgrades 2024 Financial and Production Forecasts
Airbus shares took a significant hit, dropping 9.5% on Tuesday following the aerospace giant’s unexpected announcement that it was lowering… Read More »
Airbus Adjusts Delivery Targets and Postpones Production Goals Amid Supply Chain Challenges
Airbus, Europe’s largest aerospace group, has revised its key industrial and financial targets, reducing its delivery forecast for this year… Read More »
Boeing Nears Potential $4 Billion Acquisition of Spirit Aerosystems Amid Operational Challenges
Boeing is reportedly on the verge of closing a deal to acquire Spirit Aerosystems, the manufacturer of the 737 Max… Read More »