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By Sarah Young FARNBOROUGH, England, July 21 (Reuters) - Britain's Rolls-Royce needs a decision from the UK government soon on whether it will provide a subsidy to help the engineering company develop
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.
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
(Bloomberg) -- Airbus SE won an order from Air China for 15 A350-900 widebody aircraft as well as 40 A320neo series for its Shenzhen Airlines subsidiary, with a total transaction value of about $12.4 billion.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveUS Cyclospora O
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, ...
Destinus, MBDA, Safran, Airbus and Thales said they had signed a letter of intent to establish a consortium for the development of the Bliksem EXO system to strike down ballistic missiles, which can travel at hypersonic speeds above the atmosphere.
The planemaker now expects 42,060 industry-wide passenger jet deliveries through 2045, down 1% from its previous rolling forecast
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.
Germany has pulled out of a stalled stealth-fighter project with France and Spain whose lack of progress has become a symbol for the hurdles Europe faces in rebuilding its militaries as the U.S. reduces its presence on the continent. Berlin will no longer pursue building and ordering the aircraft after failing to resolve a spat between Airbus and Dassault over which should take the lead on its development, a senior German government official said. Paris had long taken the view that governments behind the project needed to apply more pressure on the defense firms to cooperate and advance the project.
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.
Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.
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