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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.
The head of United Airlines has sharply criticised Rolls-Royce, describing the British aero-engineer as being “in the doghouse” over a dispute...
Quantinuum’s IPO grabbed headlines, but its first trading day showed both excitement and caution. How can investors approach QNT stock after its Wall Street debut?
PARIS, June 4 (Reuters) - Airbus delivered 81 aircraft in May, up sharply from a year earlier, partly due to the release of planes caught up in a regulatory stand-off with China, industry sources said
(Bloomberg) -- Quantum Systems and Destinus are in talks to line up advisers for potential IPOs as soon as early 2027, people familiar with the matter said, as the drone makers seek to tap surging demand for unmanned defense assets.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Push Up Flows‘KPop D
French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.
Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.
BERLIN, May 27 () - The head of Airbus Defence ruled out the complete failure of the crisis-hit Franco-German FCAS fighter jet project, saying at least a networking system for weapons and drone programme would go ahead. • Plans to develop the air combat system risk collapse due to a dispute over control between France's Dassault Aviation and Airbus, which represents Germany and Spain in the €100-billion ($116 billion) project • Airbus Defence chief Michael Schoellhorn said on Wednesday he
American Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.
Airbus said delivery of the first of a batch of long-distance passenger jets to Australia’s Qantas Airways has been delayed as supply-chain issues buffet the plane maker.
Ruling marks rare instance of companies’ being found criminally liable for crash of a jetliner; plane maker set to appeal.
The latest reported delays follow the group’s decision last year to put off the launch of a freighter version of the A350 due to broader supply chain disruption.
(Bloomberg) -- Boeing Co. appears to have secured its long-awaited order from China during US President Donald Trump’s visit to the country, but whatever accord was reached remained nebulous on numbers, aircraft type and a sense of timing. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million Lo
Ducommun (NYSE:DCO) reported a stronger first quarter for fiscal 2026, with management pointing to growth in both commercial aerospace and defense, improving margins and continued progress toward the company’s Vision 2027 targets. Chairman, President and CEO Steve Oswald said revenue reached a firs
Two Wall Street analysts initiated coverage of the newly public aerospace company, Arxis, with a bullish view. On Monday, Arxis rose 8% after the favorable ratings came out.
Budget airline AirAsia is ordering 150 Airbus A220-300 jets in a deal valued at about $19 billion at list prices, marking the largest single order ever placed for the A220 planes. The deal was announced Thursday at an Airbus factory in Mirabel, Quebec. Canadian Prime Minister Mark Carney attended.
On Tuesday, Airbus announced that AirAsia would order 150 A220-300s in a new 160-seat cabin configuration for $19 billion. This marks the largest order for the aircraft series and pushes its total lifetime order count past 1,000 amid questions of its fate. 1,000 might not feel like a huge number, ...
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