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Airbus May Stall A380 Production: Is Boeing 777X in Focus?

2018-01-16 zacks
Airbus Group (EADSY - Free Report) recently announced that it may halt the production of A380 superjumbo jet, if the $15-billion deal with Dubai-based Emirates Airline fails to materialize. (89-0)

Airbus fined US$128 million over Taiwan missile affair - Channel NewsAsia

2018-01-13 channelnewsasia
PARIS: Airbus said on Saturday (Jan 13) it had been fined €104 million (US$128 million) for a dispute dating from 1992 over missile sales to Taiwan by the Matra group, which was later acquired by the aerospace giant. (1-0)

AAR Corp. (AIR) Progresses in MRO Business: Should You Hold?

2018-01-04 zacks
Higher business activities leading to a rise in air traffic have been accelerating maintenance spending on aircraft, which is driving MRO services growth cycle and in turn boosting AAR Corp.’s (AIR - Free Report) business.This has helped the company to remain the largest independent maintenance, repair and overhaul (MRO) provider in North America. (432-0)

Can Boeing Lead the S&P 500 Higher Again in 2018?

2017-12-27 zacks
The year 2017 has been an overwhelming one for The Boeing Co. (BA - Free Report) , with the aerospace giant winning a series of billion-dollar orders for commercial jets. In addition, being one of the largest defense contractors, with a market cap of more than $175 billion, this market mover has led the S&P 500 index to new highs multiple times in 2017. Evidently, Boeing’s share price has surged 89. (61-0)

LCI Receives 1st Airbus Helicopters H175 and Places on Lease With CHC

2017-12-20 asdnews
Lease Corporation International (LCI), the aviation division of the Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. (1-0)

P&W Geared Turbofan Engine Selected to Power Delta Air Lines Order of 100 A321neo Aircraf

2017-12-18 asdnews
Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), Delta Air Lines ("Delta") and Airbus Group today announced the selection of  Pratt & Whitney's Geared Turbofan™ (GTF) engine to power Delta's order of A321neo aircraft.  The order consists of 100 firm aircraft, and includes a 20-year EngineWise™ services agreement. Aircraft deliveries are expected to begin in the first quarter of 2020. (6-0)

GE and Tata partner to make engine components in India

2017-12-17 channelnewsasia
NEW DELHI: India's software-to-steel conglomerate Tata Group and US industrial giant General Electric have signed a partnership to make jet engine parts in India, the companies announced Thursday. (18-0)

Airbus CEO Enders To Leave In 2019, Bregier In Early 2018

2017-12-15 aviationweek
FRANKFURT—Airbus Group is facing the most fundamental leadership change in company history with the planned departures of its top three executives: Tom Enders, Fabrice Bregier and John ... (1-0)

Airbus CEO Enders To Leave in 2019, Bregier In Early 2018

2017-12-15 aviationweek
FRANKFURT -  Airbus Group is facing the most fundamental leadership change in company history with the departures of its top three executives Tom Enders, Fabrice Bregier and John Leahy. Enders, 59, told the company’s board of directors during its regular meeting on Dec. 14 that he will not seek an extension of his mandate, which terminates in March 2019. Bregier, 56, will leave his position as president of Airbus Commercial Aircraft in February 2018, even though he indicated . (1-0)

Justin Trudeau snubs Boeing, unveils plan to buy used Australian jets

The Trudeau government is escalating a trade fight with Boeing, ditching plans to buy 18 Super Hornets while launching a search for new fighter jets under parameters that could hamper future bids from the US planemaker. (8-0)

Spirit AeroSystems Up on $1B Expansion Plan, 1K Job Additions

2017-12-07 zacks
Spirit AeroSystems Holdings, Inc. (SPR - Free Report) recently unveiled plans to invest $1 billion at its headquarter — Wichita, KS facility over the next five years. The latest move will help the company to expand the facility and create additional 1,000 jobs. (86-0)

Long Ideas: Hexcel Corporation

2017-12-04 seekingalpha
Leading efficiency in producing composite products driven by the exit of an intense CAPEX spending period. (1-0)

New models, Lionel Messi fail to revive Tata Motors’s fortunes

2017-11-23 livemint
New Delhi: In the last two years, Tata Motors Ltd has revamped its product portfolio, contracted football superstar Lionel Messi as its brand ambassador, improved dealer relations and worked relentlessly on improving customer service. Despite that, only five of every 100 Indian car buyers choose a Tata Motors product, a harsh reality for the Indian company led by chief executive Guenter Butschek, who was previously chief operating officer at Airbus Group SA and a Daimler AG veteran. (6-0)

Boeing vs. Airbus: Who Stole the Dubai Air Show 2017?

2017-11-17 zacks
Dubai Air Show 2017 witnessed some landmark deals involving renowned jet makers from across the globe, showcasing their state-of-the art aircraft both in the defense as well as commercial space. The Air Show ended on Nov 16. (60-0)

CAC Rebounds As Automakers Shares Move Higher

2017-11-16 seekingalpha
The CAC has posted strong gains in the Thursday session. Currently, the CAC is at 5,336.50, up 0.66% since the Wednesday close. On the release front, Final CPI gained 1.4% and Core Final CPI gained 0.9%, as both readings matched the forecasts. On Friday, ECB President Mario Draghi and German Buba President Jens Weidmann speaks at Frankfurt European Banking Congress. (1-0)