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Hope fading for new Boeing deal during US-China summit, sources say
Reuters18h agoneutral
Hope fading for new Boeing deal during US-China summit, sources say

SEATTLE, Sept 23 (Reuters) - Hopes for a new China commitment to buy Boeing planes are sinking ahead of a Thursday summit between the US and Chinese presidents, two people briefed on the matter said on Wednesday, with negotiations still in ‌flux. The planemaker instead is trying to finalize a May deal for China to buy 200 planes, rather than earlier hopes of securing new commitments ‌for hundreds more jets, the people said on condition of anonymity because the talks are private.

Surging Oil Prices Singe GE Aerospace
The Wall Street Journal9d agoneutral
Surging Oil Prices Singe GE Aerospace

Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.

Nikkei Falls 2.8%, Dragged by Chip Stocks
The Wall Street Journal13d agobearish
Nikkei Falls 2.8%, Dragged by Chip Stocks

STOCKS 0015 GMT — Japanese stocks are lower as fears about the Iran war and rising energy costs have grown. Chip-related stocks are leading declines. Kioxia Holdings is down 5.7%, SoftBank Group is 4.

United Expands Long-Haul Network With 10 International Cities Routes
Bloomberg30d agoneutralVIDEO
United Expands Long-Haul Network With 10 International Cities Routes

United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. Bloomberg's Siddharth Philip joins to discus.

Transdigm Group Q3 Earnings Call Highlights
MarketBeat46d agoneutral
Transdigm Group Q3 Earnings Call Highlights

TransDigm Group (NYSE:TDG) raised its fiscal 2026 sales, EBITDA and commercial aftermarket outlook after reporting third-quarter results that management said exceeded expectations, supported by growth across commercial OEM, commercial aftermarket and defense markets. President and Chief Executive O

Loar Q2 Earnings Call Highlights
MarketBeat47d agoneutral
Loar Q2 Earnings Call Highlights

Loar (NYSE:LOAR) reported record second-quarter sales, adjusted EBITDA and adjusted EBITDA margin, while raising its full-year 2026 outlook as commercial aerospace demand and organic business wins supported growth. Chief Executive Officer and Executive Co-Chairman Dirkson Charles said the quarter m

Ducommun Q2 Earnings Call Highlights
MarketBeat47d agoneutral
Ducommun Q2 Earnings Call Highlights

Ducommun (NYSE:DCO) reported record second-quarter revenue as growth in commercial aerospace and military programs lifted sales, margins and earnings. The company said it remains on track to meet its full-year revenue outlook despite expecting lower growth rates in the second half after pulling forw

Hexcel Q2 Earnings Call Highlights
MarketBeat55d agoneutral
Hexcel Q2 Earnings Call Highlights

Hexcel (NYSE:HXL) reported higher second-quarter sales, margins and cash flow as commercial aircraft production rates increased, led by demand on wide-body programs including the Airbus A350 and Boeing 787. Second-quarter sales totaled $529 million, up 8% from the prior-year period, while adjusted