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Boeing 787 Prices Could Jump By $40M In Worst-Case Scenario Amid Trump Tariffs, Warns AerCap Chief
Thursday, March 13, 2025 - 4:12am | 730AerCap Holdings (NYSE:AER) CEO Aengus Kelly has raised concerns about the potential impact of tariffs on the pricing of Boeing Co. (NYSE:BA) aircraft. What Happened: Speaking on CNBC’s “Squawk Box,” Kelly expressed his apprehensions about the possible repercussions...
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Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify
Thursday, October 17, 2024 - 8:34am | 595Spirit Airlines Inc (NYSE:SAVE) is facing turbulent skies ahead. While the broader airline industry is flying high, Spirit's financial woes are pushing it toward a potential bankruptcy. With debt piling up and its stock plummeting, the budget carrier is now fast-tracking the retirement of its...
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What's Going On With Boeing And Spirit Aerosystems Stocks?
Tuesday, June 25, 2024 - 12:02pm | 600Spirit Aerosystems Holdings, Inc. (NYSE:SPR) shares are trading lower Tuesday after Boeing Company (NYSE:BA) proposed to acquire the company in a deal valuing the supplier at approximately $35 per share. The Details: According to a Bloomberg report, Boeing has proposed to acquire Spirit Aerosystems...
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Boeing, Airbus Near Deal To Divide Operations Of Key Supplier Spirit AeroSystems: Report
Friday, April 5, 2024 - 5:04am | 721In a significant development within the aerospace sector, Boeing Co. (NYSE:BA) and Airbus SE (OTC:EADSY) are reportedly on the verge of finalizing a deal that would see them split the operations of Spirit AeroSystems Holdings Inc. (NYSE:SPR), a major supplier to both companies. What Happened:...
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Delta CEO Ed Bastian Expects Boeing 737 Max 10 Delivery To Be Postponed To 2027
Monday, March 11, 2024 - 2:28am | 681Delta Air Lines Inc. (NYSE:DAL) CEO Ed Bastian has expressed his anticipation of a potential delay in the delivery of Boeing Co.‘s (NYSE:BA) 737 Max 10 aircraft until 2027. What Happened: Bastian disclosed that the delivery of the 737 Max 10 aircraft, which Delta has ordered 100 off, could be...
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High-Flying Eclipse Adventure: Secure Your Seat On This Airline For The Ultimate Solar Spectacle
Tuesday, February 20, 2024 - 1:36pm | 539The month of April will see a solar eclipse viewable in several states across the U.S. For optimal viewing experiences, consumers may be able to turn their attention to the airline sector. What Happened: A total solar eclipse will be visible to residents in the U.S., Canada and Mexico on April 8,...
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China's Comac C919 Set To Make Global Debut At Singapore Airshow, Posing Threat To Boeing 737 And Airbus A320
Monday, February 19, 2024 - 3:10am | 668China is set to display its Comac C919, a narrow-body passenger jet, at the Singapore Airshow. This marks the first time the aircraft will be showcased to a global audience. What Happened: The Comac C919, developed by the Commercial Aircraft Corporation of China (Comac), is being positioned as a...
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Starlab To Launch In Single Flight Before ISS Shutdown Thanks To SpaceX's Starship
Thursday, February 1, 2024 - 8:18am | 486Starlab Space LLC, a joint venture between Voyager Space and Airbus, on Thursday said that the company has chosen SpaceX‘s Starship for the launch of its commercial space station, Starlab, into low-Earth orbit (LEO), becoming one of the early customers for a Starship launch. What Happened:...
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Boeing Blues? United Airlines May Ditch 737 Max For Airbus A321Neo Jets Due To Delays
Monday, January 29, 2024 - 4:18am | 597United Airlines (NASDAQ:UAL) is reportedly discussing with Airbus SE (OTC:EADSY) to acquire more A321neo jets potentially. This move could mitigate the impact of the delayed Boeing (NYSE:BA) 737 Max 10. What Happened: The talks, initiated by United CEO Scott Kirby, are still in the early stages,...
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Japan Airlines Faces Over $100M Loss After Tragic Plane Collision At Haneda Airport
Thursday, January 4, 2024 - 4:32am | 553In a recent development, Japan Airlines Co Ltd (OTC:JAPSY) has estimated a loss exceeding $100 million as a result of a catastrophic plane accident at Tokyo’s Haneda airport. What Happened: An Airbus SE (OTC:EADSF) operated by JAL collided with a smaller Coast Guard plane on the airport...
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Aircraft Orders Overflow, Undeterred By Economic Worries Following The Pandemic: Report
Sunday, June 25, 2023 - 10:27am | 576Airbus SE (OTC:EADSY), a European aerospace company, is reportedly seeing overflowing orders for its aircraft even as global economic growth remains wobbly. What Happened: At the Paris Air Show last week, the company announced a record commercial order for its 500 A320 aircraft, valued at $55...
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Leasing Firm To Convert 18 Airbus A321 Passenger Jets To Freighters
Monday, August 16, 2021 - 4:56pm | 1059Aircraft leasing company BBAM Limited Partnership on Monday placed the largest order to date for the new Airbus A321 converted freighter, which is attracting growing attention from express delivery companies and airlines supporting parcel networks that are experiencing rapid growth in e-commerce...
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Trans-Atlantic Rivalry Brews Over Airbus A321 Converted Freighter
Monday, May 10, 2021 - 10:47am | 1442A second manufacturer is gearing up to produce Airbus A321 converted freighters in the U.S. this summer, taking on a European engineering firm that is gaining sales momentum eight months after entering the market in the single-aisle freighter segment where the Boeing 737-800 has a three-year head...
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Palantir Deepens Relationship With Ringier To Help It Transform Into A Digital-First, Global Media Company
Tuesday, April 20, 2021 - 1:45pm | 419Palantir Technologies Inc. (NYSE: PLTR) is in the sweet spot of the heightened interest in companies involved in digital transformation. This is reflected in a slew of partnerships the company recently disclosed. What Happened: Palantir announced the renewal of a strategic...
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Berenberg Upgrades Boeing On 737 Max Prospects
Wednesday, January 20, 2021 - 1:00pm | 246The 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 $...