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…
Tag: Reuters
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…
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…
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…
IndiGo Airlines Considering Wide-Body Aircraft From Airbus, Boeing
ABU DHABI (Reuters) - Indian airline IndiGo on Sunday said wide-bodied aircraft are an “aspiration” and talks with manufacturers are ongoing but there is no firm timeline amid difficult market conditions in the Indian market.…
Harris & L3 To Merge, Become 6th Largest US Defence Contractor
By Jarrett Renshaw and Harry Brumpton (Reuters) - Military communication equipment providers Harris Corp (HRS.N) and L3 Technologies Inc (LLL.N) announced on Sunday an all-stock merger that will create the United States' sixth-largest defence contractor…
IAG’s Aer Lingus Boss Stephen Kavanagh To Step Down
(Reuters) - International Airlines Group (IAG) (ICAG.L) said on Thursday that Aer Lingus chief executive Stephen Kavanagh will step down on Jan. 1, 2019 and will be succeeded by Sean Doyle, a British Airways director.…
Airbus Picks Guillaume Faury As Next CEO
PARIS (Reuters) - Planemaking boss Guillaume Faury was named as the next chief executive of Airbus on Monday, ending months of uncertainty over the leadership of Europe's largest aerospace group and underlining the dominance of…