Airbus doubled its full-year profit forecast but cautious on virus
Europe’s Airbus doubled its full-year profit forecast and raised the outlook for jet deliveries after posting better-than-expected half-year results, pushing… Read More »
How Boeing, Airbus large freighters compare
Airbus has announced a freighter version of its wide-bodied A350 in a bid to loosen Boeing’s decades-old dominance of the… Read More »
Textron lifts 2021 profit forecast again on business jet strength
Textron Inc on Thursday beat Wall Street estimates for quarterly profit and raised its full-year adjusted profit forecast for the… Read More »
Northrop lifts outlook as countries ramp up space exploration
Defense contractor Northrop Grumman Corp raised its full-year forecast on Thursday and beat quarterly estimates, propped up by high demand… Read More »
Airbus A350 freighter launch challenges Boeing cargo dominance
Europe’s Airbus took aim at one of Boeing’s most profitable strongholds on Thursday with plans for a freighter version of… Read More »
German airline Condor to acquire Airbus A330neo to replace its old Boeing 767 jets
German leisure airline Condor is acquiring 16 Airbus A330neo jets to replace a wide-bodied fleet of Boeing 767 aircraft, accounting… Read More »
Asked on Porsche IPO, VW CEO says we have to ‘consider’ tapping markets
Volkswagen boss Herbert Diess on Thursday dodged questions about a potential initial public offering of Porsche AG, saying only that… Read More »
China’s CATL unveils sodium-ion battery, a first for a major car battery maker
China’s CATL (300750.SZ) on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set… Read More »
AerCap wins unconditional EU okay for $30 billion GE deal
EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap’s (AER.N) $30 billion bid for General Electric’s… Read More »
Jet2 eyes switch to Airbus in new plane talks
British airline and holiday group Jet2 (JET2.L) is in advanced talks to buy dozens of narrowbody passenger jets, with Europe’s Airbus (AIR.PA) seen as… Read More »
Boeing turns first profit in almost 2 years, shares jump 5%
Boeing Co (BA.N) on Wednesday posted its first quarterly profit in almost two years as revived domestic travel fueled 737 MAX deliveries,… Read More »
Wizz Air sees summer capacity close to pre-pandemic levels
Wizz Air (WIZZ.L) expects capacity to ramp up to between 90% and 100% of pre-pandemic levels in July and August as summer… Read More »
Boeing jets emissions data highlights industry’s green challenge
Commercial jets delivered by Boeing Co (BA.N) last year will account on average for emissions equivalent to 1 million tonnes of carbon… Read More »
Top Airlines in the World according to air safety website
Travelers who are on the fence about flying again may want to check out a new list of the world’s… Read More »
GE CEO optimistic about aviation unit
General Electric CEO Larry Culp told CNBC on Tuesday he believes global air travel will continue to recover from its… Read More »
U.S. will not lift travel restrictions, citing Delta variant
The United States will not lift any existing travel restrictions “at this point” due to concerns over the highly transmissible COVID-19 Delta… Read More »
Bezos offers NASA $2 billion in exchange for moon mission contract
Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in… Read More »
Heathrow and airlines tell UK to open up travel as hopes rise for U.S. visitors
London’s Heathrow Airport and Britain’s main airlines urged the UK to open up travel to vaccinated passengers or face more… Read More »
Ryanair may order Boeing 737-10 MAX this year but only at the right price
Ryanair could place a significant order for Boeing’s 737 MAX 10 aircraft this year but only if the price is… Read More »
Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc
Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between… Read More »
Delta Air Lines increases capacity on Canadian flights 150%
Delta Air Lines (DAL +1.4%) is increasing capacity on Canadian flights 150% to account for Canada’s recent announcement that it… Read More »
Wizz Air faces investor showdown over potential 100 mln stg CEO bonus
Hungarian budget airline Wizz Air (WIZZ.L) faces a showdown with shareholders on Tuesday, when they vote on a plan to pay its… Read More »