Avianca Seeks To Cut Airbus Order In Half
BOGOTA (Reuters) - Airline Avianca Holdings SA (AVT_p.CN) will begin negotiations with Airbus (AIR.PA) to reduce the 100 planes it had agreed to purchase in a 2015 deal to as few as 50, the chief…
Category: stock news
Brazil Court Overturns Boeing-Embraer Injunction
BRASILIA, Dec 10 (Reuters) - A Brazilian federal court has overturned an injunction that blocked a proposed tie-up between planemakers Embraer and Boeing, Embraer said on Monday in a securities filing. Embraer announced in July…
GOL To Accelerate 737 MAX Fleet Renewal
SAO PAULO, Dec. 10, 2018 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announced today an acceleration of its fleet renewal and modernization plan and the execution of operating lease agreements for 11…
Brazil Court Blocks Proposed Embraer-Boeing Tie-Up
BRASILIA (Reuters) - A Brazilian federal court on Thursday granted an injunction blocking the proposed tie-up between planemakers Boeing Co (BA.N) and Embraer SA (EMBR3.SA), according to a court document seen by Reuters. The decision,…
Will Supersonic Commercial Air Travel Return?
Earlier this year, NASA awarded $250,000 to Lockheed Martin to create an aircraft capable of silently breaking the sound barrier (“Low-Boom flight program”). On Nov. 16, the company LMT, -3.39% started production of the experimental QueSST (Quiet…
Wall Street Set To Jump On Temporary Trade Detente
(Reuters) - U.S. stock index futures jumped around 2 percent on Monday, setting Wall Street up to add to last week’s strong gains, after the United States and China declared a temporary trade truce. Strong…
Boeing Delivers First 737 MAX for Cayman & Fiji Airways
SEATTLE, Nov. 29, 2018 /PRNewswire/ -- Boeing [NYSE: BA] and Air Lease Corp. [NYSE: AL; "ALC"] today delivered the first 737 MAX 8 for Cayman Airways. The first 737 MAX to enter service in the Caribbean marks the beginning of…
Airline Stocks That Look Ready to Rise
Barron's says it’s going to be another good day for airlines, as a number of analysts had good things to say about stocks across the sector. Where we were: Airlines have struggled this year, but…
Airbus Hints At Decision On Proposed A321XLR
TOULOUSE, France (Reuters) - The incoming chief executive of Europe's Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet. Asked…
LATAM Airlines Posts Steep Third-Quarter Profit Fall
SANTIAGO (Reuters) - LATAM Airlines (LTM.SN), the biggest airline group in Latin America, reported a steep fall in third-quarter profit due to lower passenger demand in Argentina and Brazil as well as higher fuel prices…