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Alaska Air to acquire 4 cargo jets, base some in Hawaii
FreightWaves64d 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 Journal64d 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 Video65d 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
AFP65d 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.com65d 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.

RTX (RTX) Lands Engine Wins And A $1 Billion Military Support Deal
Simply Wall St.66d agobullish
RTX (RTX) Lands Engine Wins And A $1 Billion Military Support Deal

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...

Farnborough opens with Boeing, Airbus orders and air defence focus
Reuters66d agoneutral
Farnborough opens with Boeing, Airbus orders and air defence focus

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