ATR Releases 2019 Results
ATR performed well in 2019. We received 79 orders and delivered 68 aircraft for a book-to-bill of more than one. The turnover for the year was $1.6 billion and was boosted by a strong performance…
Category: Aerospace news
Embraer Delivers 5 Commercial and 9 Executive Jets in 1Q20
Embraer (NYSE: ERJ) delivered a total of 14 jets in the first quarter of 2020, of which five were commercial aircraft and nine were executive jets (five light and four large). As of March 31st,…
Aerospace Aerospace news Air Force News Aviation news Avionics Boeing news Business News Defense News Drone News Economic News Finance News Global Politics International News Military Military News News stock stock news
Boeing Awarded $3.1 Billion in U.S. Navy Cruise Missile Contracts
The U.S. Navy has awarded Boeing [NYSE: BA] a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About…
Qantas Pauses Airplane Deliveries from Airbus and Boeing
Qantas planes are seen at Kingsford Smith International Airport in Sydney, Australia SYDNEY (Reuters) - Qantas Airways Ltd <QAN.AX> said on Monday it had advised Airbus SE <AIR.PA> and Boeing Co <BA.N> that it did…
Airbus to Furlough 3,200 Staff at Broughton Factory in Wales
LONDON (Reuters) - Airbus <AIR.PA> will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at…
Airbus Warns Staff on Jobs With its ‘Survival at Stake’
FILE PHOTO: Airbus CEO Guillaume Faury poses before Airbus's annual press conference on full-year results By Tim Hepher PARIS (Reuters) - European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis,…
Boeing Terminates Joint Venture Agreement With Embraer
Boeing (NYSE: BA) announced today that it has terminated its Master Transaction Agreement (MTA) with Embraer, under which the two companies sought to establish a new level of strategic partnership. The parties had planned to create…
Norwegian Air Could Run Out of Cash Unless Debt Plan Approved
OSLO (Reuters) - Norwegian Air <NAS.OL> could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on Monday. If approved by bondholders,…
CDB Financial Scraps Purchase of 29 Boeing 737 MAX Jets
SYDNEY (Reuters) - China Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co <BA.N> to cancel the purchase of 29 undelivered 737 MAX jets, adding to a string of…
Boeing Activates Airlift Capability for First COVID-19 Transport Mission
Boeing [NYSE: BA] completed its first COVID-19 transport mission, using a 737-700 aircraft from its corporate fleet to bring personal protective equipment (PPE) from China to the United States. Working in partnership with FIRST® Robotics Founder Dean Kamen, the company transported 540,000…