Today: September 15, 2024
Today: September 15, 2024

Aerospace

Business|Economy

Lower G700 business jet deliveries hit General Dynamics results, shares fall

General Dynamics reported second-quarter revenue above Wall street estimates on Wednesday, but profit slightly missed and fewer high end jets

Lower G700 business jet deliveries hit General Dynamics results, shares fall
Asia|Business|Economy|Technology

Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens

Boeing is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S.

Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens
Business|Economy|Finance

Bombardier's second-quarter results beat on higher jet deliveries

Bombardier beat analysts' estimates for second-quarter results on Thursday, helped by higher plane deliveries and stronger sales in the Canadian business jet maker's services business.

Bombardier's second-quarter results beat on higher jet deliveries
Business|Economy

RTX lifts 2024 profit forecast on strength in aviation sector

U.S. aerospace and defense company RTX raised its full-year earnings forecast and beat estimates for second-quarter profit on Thursday, aided by a rebound

RTX lifts 2024 profit forecast on strength in aviation sector
Business|Economy

Honeywell trims annual profit forecast on muted industrial automation demand

Honeywell International Inc on Thursday lowered its annual profit forecast, due to lower demand in its industrial automation business, sending shares of the diversified industrial firm

Honeywell trims annual profit forecast on muted industrial automation demand
Business|Europe

Embraer opens P&W repair hub as demand for engine maintenance rockets

Brazilian planemaker Embraer on Thursday opened a maintenance hub for Pratt & Whitney (P&W) engines in Portugal, which it expects to bring in an additional 600

Embraer opens P&W repair hub as demand for engine maintenance rockets
Business|Economy|Technology

Capgemini forecasts surprise revenue fall on automotive, aerospace downturn

French IT group Capgemini forecast a surprise fall in annual revenue on Friday, citing a downturn in the automotive and aerospace sectors, sending its

Capgemini forecasts surprise revenue fall on automotive, aerospace downturn
Business|Europe

Leonardo, Airbus in talks to strengthen collaborations, paper says

Leonardo and France's Airbus are discussing ways to strengthen collaborations and industrial synergies, the chief executive of the Italian defence group said on Friday.

Leonardo, Airbus in talks to strengthen collaborations, paper says
Business

Spirit Aero names board member Shanahan as interim CEO

Aerospace supplier Spirit AeroSystems on Monday named board member Patrick Shanahan as its interim chief executive, effective immediately, succeeding under-pressure Thomas Gentile, who has

Spirit Aero names board member Shanahan as interim CEO
Business

Exclusive-Boeing sets record 737 production goal for July 2025 -sources

Boeing plans to push production of its bestselling 737 narrowbody jet to a record of at least 57 per month by July 2025, reflecting rising orders and the

Exclusive-Boeing sets record 737 production goal for July 2025 -sources
Business

Boeing opens tech center in Brazil, touting alternative fuels link

Boeing on Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expertise

Boeing opens tech center in Brazil, touting alternative fuels link
Business

Embraer to meet 2023 delivery outlook, sees similar growth next year -CEO

Brazilian planemaker Embraer is confident it will meet its outlook for aircraft deliveries in 2023, seen growing by about a quarter, and expects to be able to

Embraer to meet 2023 delivery outlook, sees similar growth next year -CEO
Business

Boeing, Spirit expand scope of inspection for 737 MAX quality problem - The Air Current

Boeing and Spirit Aerosystems earlier this week expanded the scope of their ongoing inspections related to aft pressure bulkhead structure on the 737 Max 8 aircraft, the Air Current

Boeing, Spirit expand scope of inspection for 737 MAX quality problem - The Air Current
Business

Honeywell sees steady demand for business jets over the next decade

Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as the engine maker projected deliveries of about 8,500

Honeywell sees steady demand for business jets over the next decade
Business|News|World

Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine maker

Jet engine maker Rolls-Royce says it’s cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is carrying out

Rolls-Royce is cutting up to 2,500 jobs in an overhaul of the UK jet engine maker
Business

Spirit Aero projects near-term revenue boost due to new price agreement with Boeing

Spirit AeroSystems on Wednesday unveiled an agreement with Boeing under which the beleaguered supplier will receive immediate funding from the

Spirit Aero projects near-term revenue boost due to new price agreement with Boeing
Business

PPG Industries beats quarterly profit estimates, raises FY earnings forecast

PPG Industries on Wednesday beat Wall Street estimates for third-quarter profit and raised its full-year earnings outlook, as high sales volumes in the automotive and aerospace sector

PPG Industries beats quarterly profit estimates, raises FY earnings forecast
Business

American Airlines orders four Embraer E175s for Envoy Air

American Airlines has placed a firm order for four Embraer E175 jets to fly with its subsidiary Envoy Air, the Brazilian planemaker said on Thursday, marking the carrier's second

American Airlines orders four Embraer E175s for Envoy Air
Business

RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase

RTX reported better-than-expected quarterly earnings on Tuesday, as strong performance at its Collins Aerospace business offset the hit it took due to a

RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase
Business

Boeing trims annual 737 delivery target due to supplier errors

Boeing on Wednesday cut its 737 delivery forecast for this year due to quality issues at supplier Spirit AeroSystems, a temporary setback to the planemaker that is looking to recover from

Boeing trims annual 737 delivery target due to supplier errors
Business

Honeywell beats profit estimates on aviation boost

Honeywell International Inc on Thursday posted a better-than-expected quarterly profit, helped by strong performance in its aviation unit.

Honeywell beats profit estimates on aviation boost
Business

Safran posts Q3 revenues up 26%, reaffirms key targets

France's Safran on Friday posted 26% higher underlying third-quarter revenues and reaffirmed full-year financial targets.

Safran posts Q3 revenues up 26%, reaffirms key targets
Business

Boeing struggles to steer defense unit in another year of billion-dollar losses

Boeing's defense business is proving harder to turn around than executives initially predicted, with supplier errors and high manufacturing costs contributing

Boeing struggles to steer defense unit in another year of billion-dollar losses
Business

New Spirit Aero CEO vows return to positive cash flow, operational changes

Spirit AeroSystems on Wednesday projected higher-than-expected cash burn for 2023 as it slashed anticipated deliveries of 737 fuselages, but its

New Spirit Aero CEO vows return to positive cash flow, operational changes
Business

Shares of Spirit Aero down 15% as company looks to raise cash

Shares of Spirit AeroSystems dropped 15% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier.

Shares of Spirit Aero down 15% as company looks to raise cash

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