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Dassault Aviation Presents 2020 Annual Results

WIL BALDWIN March 5, 2021

(Paris: DSY.PA)

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Delta Launches $6.5 Billion Debt Deal Backed by Frequent Flyer Program

WIL BALDWIN September 14, 2020

CHICAGO, Sept 14 (Reuters) - Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidity to weather a…

Airbus to Furlough 3,200 Staff at Broughton Factory in Wales

WIL BALDWIN April 28, 2020April 28, 2020

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’

WIL BALDWIN April 27, 2020April 27, 2020

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,…

Rolls-Royce Scraps Dividend & Targets Due to Coronavirus

WIL BALDWIN April 6, 2020

(Reuters) - British aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, as airlines around the world ground planes due to the coronavirus outbreak, the Financial Times reported…

Boeing Statement Regarding 737 MAX Production

WIL BALDWIN December 16, 2019

Boeing suspends 737 MAX production starting in January due to certification in 2020Reduced production output enables prioritization of stored aircraft deliveryNo layoffs or furlough expected at this time Safely returning the 737 MAX to service…