Airbus Intensifies Cost-Cutting Measures and Halts Hiring Amid Boeing’s Recovery and Rising Chinese Competition
In response to the recent resurgence of Boeing and the emerging threat from Chinese aircraft manufacturer COMAC, Airbus is taking… Read More »
Leonardo Collaborates with Thales and Airbus to Forge New Space Strategy
Italy’s Leonardo, alongside French aerospace giant Thales and European aerospace leader Airbus, is crafting a new strategic vision for the… Read More »
Airbus Implements Hiring Freeze and Cost Cuts to Counter Chinese Competition
Airbus is intensifying its cost-cutting measures, including a hiring freeze, to strengthen its competitive edge against the influx of more… Read More »
Boeing Workers Set for Critical Vote on Strike Authorization Amid Contract Talks
Boeing’s hourly workers are gearing up for a pivotal vote this Wednesday in Seattle, which could lead to the authorization… Read More »
Boeing’s Strategic Showcase at the 2024 Farnborough International Airshow
Boeing has tailored its presence at the 2024 Farnborough International Airshow as the company focuses on strengthening safety and quality… Read More »
Aviation Capital Group Orders 35 Boeing 737 Max Jets
Aviation Capital Group LLC (ACG) announced on July 15 that the airplane lessor has finalized an order for 35 Boeing… Read More »
Pratt & Whitney Completes Preliminary Design Review for F-35 Engine Upgrade
RTX Corporation’s subsidiary, Pratt & Whitney, announced the successful completion of a preliminary design review for a significant engine upgrade… Read More »
Boeing 777X Nears FAA Certification, Potentially Boosting Revenue by $2 Billion
Boeing’s latest aircraft, the 777X, has reportedly made significant progress towards achieving certification from the Federal Aviation Administration (FAA), potentially… Read More »
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 »