Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.
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By Tim Hepher and David Shepardson FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a package of €3 billion ($3.43
FARNBOROUGH, UK, July 20 (Reuters) - IndiGo, India's largest airline, has signed a memorandum of understanding with CFM International to buy over 1,000 LEAP-1A engines, which would mark a record deal
FARNBOROUGH, England, July 20 (Reuters) - Farnborough Airshow opened on Monday with Boeing and Airbus securing the first aircraft orders, while defence companies unveiled lower-cost interceptor missiles and drones as the wars in Ukraine and the Middle East drive demand for stronger air-defence capabilities. Ongoing conflicts are shaping discussions at the July 20 to 24 Farnborough Airshow, one of the world's largest aerospace and defence gatherings, bringing together hundreds of companies acr
(Bloomberg) -- Kelly Ortberg attends his first Farnborough Air Show next week as Boeing Co. chief executive officer, looking to pry orders away from Airbus SE while walking a fine political line as US President Donald Trump claims his outsized influence over the planemaker’s sales.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapSpaceX Slump Wip
Airbus said on Thursday it had signed a multi-year agreement with Iliad-owned Scaleway to provide cloud infrastructure for sensitive industrial and defence applications, supporting the deployment of AI tools developed with French startup Mistral. The European planemaker said Scaleway would host critical applications spanning aircraft design, engineering, industrial production and corporate operations. Airbus signed a partnership with Mistral in May to co-develop customised AI tools for aerospace and defence.
MONTREAL, July 15 (Reuters) - Quebec would partner with Canada and Airbus, if the planemaker moves ahead with a proposed plan to stretch its smallest jet, a spokesperson for the Canadian province's
More than 6,500 miles from the West Coast in the southwestern Pacific Ocean, New Zealand is, for many, a dream holiday destination, due to both its striking natural beauty and the cost and time commitment required for those visiting from North America. Along with flag carrier Air New Zealand, ...
By Joanna Plucinska and Tim Hepher LONDON, July 8 (Reuters) - Airbus on Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% after the Iran war and trade
Airbus will make its first foray into aircraft engines through a joint venture with Germany’s MTU Aero Engines to develop a hydrogen propulsion...
Quantum Systems said it had raised $1.2 billion at a valuation of roughly $8 billion, bringing in fresh capital to expand drone production and invest in software for autonomous systems powered by artificial intelligence.
By Joe Brock MOJAVE DESERT, California, July 2 (Reuters) - Inside a cavernous aircraft hangar in the Mojave Desert, JetZero is building a full-size demonstrator of what could be a 200-plus-seat jet, a
Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at ...
The financing will support the company’s investments in commercial aviation, security and defense, with projects in France, Germany and Spain as the bloc seeks to build out its tech capabilities.
IPO Stock Of The Week: Aerospace and defense leader Loar stock broke out past its latest buy point in recent sessions amid a volatile market.
EU member states have agreed to continue holding off retaliatory tariffs against the US related to t
FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.
The European Union Aviation Safety Agency has ordered urgent inspections after cracks were found in a wing component on some aircraft.
June 12 (Reuters) - Air India is looking to defer the delivery of hundreds of jets on order from Airbus and Boeing as it cuts costs, two people familiar with the matter said, confirming a Bloomberg
By Philip Blenkinsop BRUSSELS, June 11 (Reuters) - The United States and the European Union have yet to decide whether to continue suspending or to reimpose tariffs on $11.5 billion of goods in a
PARIS/BERLIN, June 10 (Reuters) - Airbus is increasingly looking to Sweden's Saab as a preferred future partner as the collapse of a Franco-German fighter programme reshapes European defence alliances, three people familiar with the matter said. Teaming up on warfare with the maker of Gripen combat jets is not the only option for Airbus, which represents Germany and Spain in the fighter market.
Investing.com -- Airbus CEO Guillaume Faury said Tuesday that the company is not seeing any demand for cancellations or deferrals of jet orders despite recent challenges facing the airline industry.
Etihad Airways CEO Antonoaldo Neves speaks to Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro. He says the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also talks about securing delivery dates for new aircraft from Boeing and Airbus SE.
The head of United Airlines has sharply criticised Rolls-Royce, describing the British aero-engineer as being “in the doghouse” over a dispute...
Quantinuum’s IPO grabbed headlines, but its first trading day showed both excitement and caution. How can investors approach QNT stock after its Wall Street debut?
PARIS, June 4 (Reuters) - Airbus delivered 81 aircraft in May, up sharply from a year earlier, partly due to the release of planes caught up in a regulatory stand-off with China, industry sources said
(Bloomberg) -- Quantum Systems and Destinus are in talks to line up advisers for potential IPOs as soon as early 2027, people familiar with the matter said, as the drone makers seek to tap surging demand for unmanned defense assets.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Push Up Flows‘KPop D
French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.