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Bloomberg12d agoneutral
US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

Airbus, Boeing fly in different directions at Farnborough
AFP13d agoneutral
Airbus, Boeing fly in different directions at Farnborough

Airbus and Boeing presented differing outlooks for their commercial aircraft in coming years, as the aviation sector gathered near London for this week's Farnborough airshow. "From a financial perspective, it is driven by production rates," Stephanie Pope, head of Boeing Commercial Airplanes, said at Farnborough.

RTX lifts 2026 forecasts on aircraft repair, defense demand
Reuters13d agoneutral
RTX lifts 2026 forecasts on aircraft repair, defense demand

July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on ‌sustained demand for commercial aircraft maintenance and military systems, as ‌airlines keep older jets flying and governments replenish weapons stockpiles. The Arlington, Virginia-based aerospace and defense ​company said its backlog rose 22% from a year earlier to $289 billion, including $170 billion in commercial aerospace orders and $119 billion in defense.

Alaska Air to acquire 4 cargo jets, base some in Hawaii
FreightWaves14d agoneutral
Alaska Air to acquire 4 cargo jets, base some in Hawaii

Alaska Airlines is investing in its cargo franchise with an agreement to lease four additional Boeing cargo jets, some of which will be dedicated to serving within the Hawaiian islands. The post Alaska Air to acquire 4 cargo jets, base some in Hawaii appeared first on FreightWaves.

Airbus Stock Soars on Upbeat Profit Target
The Wall Street Journal14d agobullish
Airbus Stock Soars on Upbeat Profit Target

Shares of Airbus jumped in Paris after the European plane maker issued an bullish business update, saying it was targeting an operating profit of at least 12 billion euros ($13.7 billion) in 2029. That would represent a gain of 70% over last year’s results.

3M turns to AI to fuel turnaround
Yahoo Finance Video14d agoneutralVIDEO
3M turns to AI to fuel turnaround

Yahoo Finance Ines Ferre joins Josh Lipton on Market Domination to discuss the 3M Company (MMM) turnaround after the company beat earnings expectations and raised its full-year outlook. Ferre also explores how 3M is using artificial intelligence to optimize its operations and support its business transformation.

Airbus pushes ahead with future single-aisle jet, hydrogen plane
AFP15d agoneutral
Airbus pushes ahead with future single-aisle jet, hydrogen plane

With its extended, foldable "wing of tomorrow" unveiled Tuesday at the Farnborough airshow, Airbus is moving closer to the 2030 launch of its new single-aisle aircraft, Bruno Fichefeux, head of future programs at Airbus, told AFP. Flight tests are due to start this year, and looking further ahead, the European aviation giant is also advancing with plans for a hydrogen-powered aircraft, having recently partnered with German engine-maker MTU.  The move marks a snub to France's Safran, its historic

Investing.com15d agoneutral
Boeing pushes U.S. to look into EU loan to Airbus

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.