Investing.com -- Airbus SE (OTC:EADSY) shares surged 3.4% to a session high in New York on Tuesday after the aerospace manufacturer unveiled a new mid-term outlook and announced a €5 billion share buyback programme.
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The European plane maker is weighing a stretched version of its A350, putting it in direct competition with Boeing’s troubled 777X jumbo jet.
Embraer, BETA Technologies secure deals at day 2 of the Farnborough Airshow. Boeing wins more orders, takes issue with Airbus loan.
EADSY strengthens its commercial aircraft pipeline with a new A350-1000 order from Riyadh Air.
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
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
British Airways expects ongoing aircraft shortages as Boeing 777X and some Airbus deliveries remain behind schedule.
SMBC Aviation Capital agreed to buy 60 737 Max 10s and 40 Max 8s in the air show's first major deal.
Philippine Airlines plans its first direct Boeing order in nearly two decades, with deliveries starting in 2031.
Boeing announced orders for nearly 150 planes as the Farnborough Airshow began on Monday. Airbus, RTX, eVTOL makers secured deals.
Pratt & Whitney, an RTX (NYSE:RTX) business, reports new commercial wins as British Airways selects GTF engines for its Airbus A320neo fleet. Jackson Square Aviation chooses Pratt & Whitney GTF engines to power additional A320neo aircraft. Pratt & Whitney Canada secures a US$1b U.S. military engine sustainment contract for long term support. The company completes a successful demonstration test of a largely 3D printed TJ150 engine. These announcements highlight how RTX is tying together...
Air China and Hainan Airlines announced aircraft deals worth about $17.8 billion in Shanghai filings.
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
Honeywell Aerospace's (HONA) auxiliary power unit, or APU, portfolio is under-appreciated by investo
Investing.com -- Boeing CEO Kelly Ortberg said Monday that the planemaker will need "a couple more years" to repair its finances before launching a new commercial jet. The company is focused on stabilizing its existing business rather than developing a successor to its best-selling 737 MAX.
Honeywell Aerospace (NASDAQ:HONAV) announced on Monday that it has been selected by IndiGo to provide avionics and power systems for 810 Airbus A320neo-family aircraft. The company also revealed that Aeromexico plans to introduce Honeywell’s runway safety technology across a fleet of more than 100 Boeing aircraft.
Airbus stock has almost doubled over the past five years, yet its current share price around €194.32 still sits well below an intrinsic value estimate from a Discounted Cash Flow (DCF) model that points to Airbus trading at a sizeable discount. The share price has risen 90.0% over five years, which means a lot of optimism is already reflected in Airbus but also gives investors a clear window to judge whether that past return still matches the current valuation. Recent multi billion dollar...
United Airlines Holdings and other major aviation companies are urging Congress to approve a $20b package to modernize U.S. air traffic control systems. The proposed funding targets upgrades to critical infrastructure that manages flight routing, congestion, and safety across the national airspace. This coordinated push places United alongside Boeing and Airbus in a broad industry effort to influence upcoming federal transportation priorities. United Airlines Holdings, traded as...
Airbus (ENXTPA:AIR) has secured multi billion dollar aircraft orders from Air China, Shenzhen Airlines, and Hainan Airlines. The agreements cover both widebody and narrowbody jets for deployment across key Chinese routes. The new orders expand Airbus presence in China, a core market for global commercial aviation. These contracts highlight the role of Airbus in supplying aircraft to one of the largest aviation markets. The mix of widebody and narrowbody planes aligns with Chinese airlines'...
(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 (ENXTPA:AIR) drew fresh attention after Airbus Netherlands agreed with SES S.A. and the municipality of Noordwijk on a ground lease for an optical quantum communications station at NL Space Campus. See our latest analysis for Airbus. At a share price of €194.32, Airbus has seen short term share price weakness, with the 1 day and 7 day returns slightly negative. A 30 day share price return of 3.9% and a 90 day gain of 8.27% sit alongside a 1 year total shareholder return of 6.28% and a...
The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country’s aging air traffic control (ATC) systems, as well as curb flight disruptions. Next-Generation Tech According to a Reuters report on...
Both plan to finalize major narrowbody aircraft commitments ahead of next week's Farnborough Air Show.
Air China will take 15 wide-body A350-900s while its unit Shenzhen Airlines buys 40 narrow-body A320neo jets, with deliveries running through 2032
(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
FAA approval could unlock delayed 737 deliveries
Flynas and Condor are discussing additional A330neo orders that could be announced at next week's Farnborough Airshow.