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Boeing delivers first Orca undersea vehicle to U.S. Navy

WIL BALDWIN December 23, 2023

Huntington Beach, California, December 20, 2023— Boeing (NYSE: BA) has delivered the first Orca Extra Large Uncrewed Undersea Vehicle (XLUUV) to the U.S Navy following acceptance testing completion this month. The XLUUV, designated by the…

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Ryanair welcomes EU court rulings on Air France-KLM state aid

WIL BALDWIN December 20, 2023

December 20, 2023 - Ryanair Holdings PLC (Dublin: RYA) today welcomed the EU General Court’s rulings that €7 billion Covid-19 State aid granted to Air France-KLM in 2020 and €4 billion in 2021 was illegal.…

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Southwest Airlines pilots to vote on new five-year agreement

WIL BALDWIN December 20, 2023

Dallas, Texas, December 20, 2023 - Southwest Airlines Co. (NYSE: LUV) announced today that a Tentative Agreement has been reached with the Southwest Airlines Pilots Association (SWAPA) and will be voted on by the airline’s…

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Maersk launches new weekly service to the Port of Rades, Tunisia

WIL BALDWIN December 20, 2023

Port of Rades, Tunis, 20 December 2023 - AP Moeller - Maersk A/S (Copenhagen: MAERSKb) is proud to announce a new transport solution connecting the growing Tunisian market to its mainliner services to and from…

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Embraer doubles service center capacity by expanding maintenance and customer support

WIL BALDWIN December 20, 2023

Embraer is expanding with 3 additional MRO facilities in Texas, Ohio, and Florida Melbourne, Florida, December 20, 2023 – Embraer (NYSE: ERJ) announced today that it is doubling its maintenance service capacity in the United…

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Spain orders 16 Airbus C295 for Maritime Patrol and Surveillance

WIL BALDWIN December 20, 2023

Getafe, Spain, December 20, 2023 – The Spanish Ministry of Defence has ordered 16 Airbus Group SE (Paris: AIR) C295 aircraft in Maritime Patrol Aircraft (MPA) configuration and Maritime Surveillance Aircraft (MSA) configuration. The contract amounts…

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LATAM orders five additional Boeing 787 aircraft

WIL BALDWIN December 20, 2023

LATAM Airlines Group SA (ADR: LTMAY) announces an order for five more Boeing (NYSE: BA) 787 Dreamliners to continue advancing its commitment to be more efficient and sustainable. The purchase ranks the South American airline…

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Lufthansa Group orders another 40 Airbus A220 aircraft

WIL BALDWIN December 19, 2023

Toulouse, France, December 19, 2023 - The Deutsche Lufthansa AG (Xetra: LHAG) Supervisory Board decided to place a firm order for an additional 40 Airbus Group SE (Paris: AIR) A220-300s for its short and medium-haul…

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U.S. Navy awards RTX $80 million advanced electronic warfare contract

WIL BALDWIN December 19, 2023

Goleta, California, December 19, 2023, PRNewswire - The United States Navy awarded Raytheon, an RTX (NYSE: RTX) Business, an $80 million contract in a down select to prototype Advanced Electronic Warfare, or ADVEW, for the…

Finnair acquires six leased aircraft & repays part of pension loan

WIL BALDWIN December 19, 2023

Finnair Oyj (Helsinki: FIA1S) executed a rights issue of 570 million euros in November 2023. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously…