Airbus SE
A push toward sustainable jet fuel is leaving investors with unanswered questions
Neste Oyj’s Singapore refinery in Singapore, one of the world’s biggest SAF plants, under construction on Wednesday, June 22, 2022. The site was chosen because its already a petrochemicals center with sound logistical connections and talent is readily available. Bloomberg | Bloomberg | Getty Images The aviation industry still sees so-called “sustainable aviation fuel” (SAF) […]
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Airplane engines are in short supply. The business of fixing older ones is booming
TULSA, Okla. — Parts and labor shortages. Delayed deliveries of new airplanes from Boeing and Airbus. An engine recall. Premature repairs. It’s all piling up, and aircraft engine shops around the world are overflowing. As travelers boarded planes in record numbers this summer, airline executives waited anxiously for repairs and overhauls of their engines. The […]
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At the year’s biggest air show, Boeing and Airbus orders were muted. Supply chain worries were not
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year’s biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling […]
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Shares producing the largest moves midday: SolarEdge Systems, Pool Corp., Carnival and more
Verify out the corporations making headlines in midday trading: SolarEdge Systems — Shares of the company tumbled 20.6% next the announcement that it will offer $300 million worthy of of convertible notes due 2029. The business also unveiled in a U.S. Securities and Trade Commission filing on Monday that a shopper will not likely be […]
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Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries
A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport before departing for Frankfurt on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Shares in Airbus fell by close to 12% on Tuesday after the company said it was cutting its targets for 2024, including aircraft […]
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Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery […]
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Emirates’ chairman has a information for Boeing: ‘Get your act together’
DUBAI, United Arab Emirates — 1 of Boeing’s largest prospects issued a simply call to action to its new management staff, expressing annoyance with the basic safety disaster going through the American planemaker and the consequent delays in buy deliveries. “We’re not content really with what’s likely on, we always definitely preferred to see this […]
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Airbus CFO suggests A350 plane output raise not tied to Boeing troubles
An Airbus employee works on an plane section of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, in close proximity to Nantes, western France, on Feb. 29, 2024. Sebastien Salom-gomis | Afp | Getty Photos Airbus is ramping up output of its A350 plane due to the fact of customer demand and not the ongoing […]
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Goldman Sachs names 4 world-wide protection shares to view as geopolitical threats rise
Quite a few nations around the world have been beefing up their defense budgets in light of mounting geopolitical tensions, and Goldman Sachs has named many European stocks to engage in the concept right now. “We believe we are in the center of a super-cycle in defense paying,” the investment bank’s analysts, led by Victor […]
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Can China’s Comac split up the Airbus-Boeing duopoly?
China is on a mission to crack up the Airbus–Boeing duopoly and it hopes the domestically built Comac C919 will be its to start with massive break into international markets. Manufactured by the Professional Plane Company of China (Comac), the passenger aircraft has been touted as the “desire of a country” by Chinese President Xi […]
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