Safran’s Q3 Core Sales Rise 11.4%
PARIS, Oct 23 (Reuters) - France's Safran (SAF.PA) posted an 11.4 percent rise in underlying third-quarter sales, led by aerospace and defence, and said it was "well on track" to meet full-year targets with the…
Category: stock news
UTC Beats Profit Estimates On Airplane Boom
(Reuters) - United Technologies Corp reported a better-than-expected quarterly profit and raised its full-year profit forecast on Tuesday as it benefited from higher sales of aircraft parts, driven by record production at planemakers Boeing and…
JetBlue Announces Third Quarter 2018 Results
Released : 10/23/2018 NEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ:JBLU) today reported its results for the third quarter 2018: Reported diluted earnings per share of $0.16, inclusive of $112 million in one-time costs related to the E190 fleet transition…
Is American Airlines Recession Proof?
In recent years, American Airlines (NASDAQ: AAL) CEO Doug Parker has been one of the most vocal advocates of the idea that industry consolidation has permanently transformed the U.S. airline business. Whereas airlines have historically lost huge sums…
Lufthansa Is Giving Boeing a Shot at New Wide-Body Deal
(Bloomberg) -- Deutsche Lufthansa AG is trying to decide whether to take its first Boeing Co. 787 Dreamliners, or to expand its fleet of Airbus SE’s marquee A350 wide-body jets as it updates its long-range…
Ryanair Hopes To Close Union Deals By Christmas
DUBLIN (Reuters) - Ryanair (RYA.I) hopes to reach deals with all of its major unions by Christmas, its chief executive said on Monday, in a sign an end may be in sight to disruptions which…
Honeywell Profit Beats On Strong Aero & Automation Sales
(Reuters) - Honeywell International Inc (HON.N) beat expectations for third-quarter profit on Friday and lifted its full-year forecasts for cash flow and margins as it rode a boom in e-commerce driven warehouse investment and aircraft…
Embraer Delivers 15 Commercial, 24 Executive Jets In Q3
Embraer has released the following press announcement on its website: São José dos Campos, Brazil, October 19th, 2018 – During the third quarter of 2018 (3Q18), Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 15 jets to…
Tesla Secures Shanghai Site For $2 Billion China Gigafactory
BEIJING (Reuters) - Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square metre plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social…
Gulfstream Expects Business Jet Market Growth In 2019
ORLANDO, Fla. (Reuters) - Gulfstream Aerospace expects growth in both sales opportunities and deliveries next year, as the U.S. business jet maker brings two new large-cabin corporate planes to market, company President Mark Burns said…