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Boeing Reports Third-Quarter Results

WIL BALDWIN October 28, 2020

- Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding - Proactively managing liquidity and transforming for the future - Revenue of $14.1 billion, GAAP loss per share of ($0.79) and core (non-GAAP)*…

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Boeing, U.S. Navy to Demo Future Ramjet Missile Technology

WIL BALDWIN October 20, 2020

- The demonstrator will help the Navy determine technical requirements for future carrier-based weapons systems Boeing [NYSE: BA] and the U.S. Navy will demonstrate advanced missile technologies that will make carrier air wing strike fighters…

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EmbraerX to Spin-Off Eve, Launch the Future of Urban Air Mobility

WIL BALDWIN October 16, 2020

Eve Urban Air Mobility Solutions, Inc. (Eve) has been launched as a new, independent company dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Eve is developing a full portfolio of solutions to enable the…

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Boeing Partners with General Atomics & Aerojet Rocketdyne in Homeland Missile Defense Bid

WIL BALDWIN September 27, 2020

Boeing [NYSE: BA] is teaming with General Atomics Electromagnetic Systems and Aerojet Rocketdyne [NYSE: AJRD] in its bid to build the Next Generation Interceptor (NGI) for the U.S. Missile Defense Agency (MDA). The NGI is a…

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Leonardo Joins Adelaide’s Lot Fourteen Space Precinct

WIL BALDWIN September 17, 2020

- Partners with SmartSat CRC Leonardo commits to the South Australian space ecosystem establishing a foothold for its space service business - through its subsidiary e-GEOS - in partnership with SmartSat CRC. e-GEOS is a…

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Defence Ministers of Germany and France visit Airbus in Manching

WIL BALDWIN September 17, 2020

During a visit of the Airbus premises in Manching, Europe’s largest military aviation development centre, the Defence Ministers of Germany and France, Annegret Kramp-Karrenbauer and Florence Parly, expressed their nations’ support for key European defence…

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Air France-KLM’s Future in Doubt Without Cost Cuts – Dutch minister

WIL BALDWIN September 13, 2020

AMSTERDAM (Reuters) - Air France-KLM <AF.PA> might not survive its current crisis if the airline group cannot lower its costs, Dutch Finance minister Wopke Hoekstra said on Sunday. "The survival of Air France-KLM is not…

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Boeing Delivers SOCOM’s First Next-Gen Chinook Helicopter

WIL BALDWIN September 1, 2020

Boeing [NYSE: BA] is delivering new technologies and performance improvements to U.S. Special Operations Command (SOCOM) with the Block II Chinook helicopter. Boeing’s Philadelphia team recently delivered the first MH-47G Block II Chinook to SOCOM…

Enter Air to Purchase Up to Four Boeing 737-8 Jets

WIL BALDWIN August 19, 2020August 19, 2020

- New order expands Polish carrier’s commitment to the 737 family - Enter Air: “Convinced 737 MAX will be the best aircraft…for many years to come” Boeing [NYSE: BA] and Enter Air today announced the…

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Cathay Pacific Posts Record $1.27 Billion First Half Loss

WIL BALDWIN August 12, 2020

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd reported a record HK$9.87…