Airbus

The restart of Boeing Co (NYSE: BA) 737 Max deliveries in December 2020 “marks a turning point” toward the company’s financial recovery, according to Berenberg. The Boeing Analyst: Andrew Gollan upgraded Boeing from Sell to Hold and raised the price target from $150 to $...

Lidar has been one of the hottest sectors in the SPAC market over the last year, with several startups choosing this route to go public. What Happened: AEye is in talks to go public with CF Finance Acquisition III (NASDAQ: CFAC), according to Bloomberg. The company is backed by Continental AG,...

A new publicly traded pure play on urban air mobility is coming, with Blade announcing an SPAC deal Tuesday. The SPAC Deal: Blade is going public via Experience Investment Corp (NASDAQ: EXPC). The $125-million PIPE includes new investors Hedosophia, KSL Capital and David Geffen and original...

European aircraft manufacturer Airbus (OTCMKTS: EADSY) received four orders in July compared to 33 last year as airlines downsize and rein in capital expenses to survive the travel fallout from the coronavirus pandemic. Year-to-date through July, orders at Airbus are down by half. The airframer...

Airlines have touted how much-dedicated cargo flying they're doing with transformed passenger planes, but United Airlines is the only major U.S. carrier where cargo is boosting the bottom line during the COVID pandemic. United's second-quarter earnings last week included an eye-popping 36.3%...

British Airways' decision to immediately chop all 31 Boeing 747-400 jumbo jets from its fleet represents a sizable loss of future cargo capacity until the global economy returns to normal. But their eventual replacement with newer, more fuel-efficient, planes better suited for cargo will likely...

The Last Week In A Nutshell What Happened: The S&P 500 experienced its best quarter since 1998, adding 20%. "A 20% quarterly gain is quite rare, but the catch is previous large quarterly gains have actually led to continued strength. In fact, a quarter later stocks have been higher...

The Boeing Co. (NYSE: BA) on Tuesday reported no new orders for commercial aircraft in January for the first time in 57 years, but did announce that aircraft leasing company BBAM has signed a contract to convert three of its Boeing 737-800 jetliners into freighters. San Francisco-headquartered...

Airbus has agreed to pay more than $3.9 billion in penalties to France, the U.K. and U.S. to settle charges stemming from a yearslong scheme to bribe officials in China and elsewhere to buy its aircraft. The penalties represent the largest ever global foreign bribery settlement. "Airbus paid...

European aircraft maker Airbus (PAR: EADSF) announced Thursday that it plans to expand in the U.S. by increasing the production rate of A320 aircraft and investing $40 million to construct an additional support hanger at its Mobile, Alabama, assembly plant. The company plans to build seven more of...

The World Trade Organization has determined that the European Union continues to subsidize the Airbus A350, according to a Monday Reuters report. The finding concludes a second compliance procedure related to EU support for the plane manufacturer.  The WTO issued a panel report on the...

European aircraft manufacturer Airbus reported on Oct. 30 that adjusted earnings before interest and tax rose 2% to €1.6 billion ($1.8 billion) in the third quarter, more than the €1.36 billion estimated by analysts. Airbus' 2019 consolidated revenue increased to €46.2 billion, compared with nine-...

Large aircraft are included in the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with orders for Airbus aircraft could pay more than expected. During Thursday's (Oct. 10) earnings call with analysts, Delta...