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WION Business Wrap | India’s direct tax collection rise, Airbus CEO's concern over Boeing and more
wionews.com/business-economy/wion-business-wrap-indias-direct-tax-collection-rise-airbus-ceos-concern-over-boeing-and-more-702213
Airbus CEO expresses concern over Boeing's ongoing technical issues : In a recent statement at the "Europe 2024" conference in Berlin ...
wionews.com/business-economy/airbus-ceo-expresses-concern-over-boeings-ongoing-technical-issues-702158
Boeing vs Airbus: why pilots favour one over the other: Just two giants of aviation dominate the market - so who has the best planes? Airlines and air crew all ...
inews.co.uk/inews-lifestyle/travel/boeing-airbus-why-pilots-fly-2959332
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WION Business Wrap | India’s direct tax collection rise, Airbus CEO's concern over Boeing and more
wionews.com/business-economy/wion-business-wrap-indias-direct-tax-collection-rise-airbus-ceos-concern-over-boeing-and-more-702213
Airbus CEO expresses concern over Boeing's ongoing technical issues : In a recent statement at the "Europe 2024" conference in Berlin ...
wionews.com/business-economy/airbus-ceo-expresses-concern-over-boeings-ongoing-technical-issues-702158
Boeing vs Airbus: why pilots favour one over the other: Just two giants of aviation dominate the market - so who has the best planes? Airlines and air crew all ...
inews.co.uk/inews-lifestyle/travel/boeing-airbus-why-pilots-fly-2959332
Airbus flies away from everyone - Depot position at +80%: Airbus shares hit record high as Boeing struggles with quality issues and loses market share.
deraktionaer.de/artikel/technischeanalyse/airbus-fliegt-allen-davon-depotposition-bei-80-20353418.html
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
chicagotribune.com/2024/04/25/southwest-hiring-american/
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
FAA probes union claims Boeing retaliated against two engineers in 2022
reut.rs/3w61IsN
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Air China to Buy 100 Locally Made C919 Jets in $11 Billion Deal: Air China will buy 100 Comac C919 jets in a deal valued at $10.8 billion based on list prices ...
bloomberg.com/news/articles/2024-04-26/air-china-to-buy-100-locally-made-c919-jets-in-11-billion-deal
Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
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Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output: U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must ...
reuters.com/business/aerospace-defense/buttigieg-says-boeing-must-meet-faa-quality-plan-before-raising-737-max-output-2024-04-24/
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
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NASA astronauts, Butch Wilmore and Suni Williams, arrive in Florida for Boeing's first human spaceflight
apnews.com/article/boeing-space-capsule-starliner-astronauts-nasa-4742d2759c51d63c0d2ec9cbf93fce25
Airbus Lifts A350 Jet Output, Highlighting Edge Over Boeing: Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker ...
bloomberg.com/news/articles/2024-04-25/airbus-lifts-output-for-a350-highlighting-edge-over-rival-being
Before congressional hearing: engineer accuses aircraft manufacturer Boeing of construction errors
faz.net/aktuell/wirtschaft/unternehmen/vor-kongressanhoerung-ingenieur-wirft-flugzeughersteller-boeing-baufehler-vor-19660826.html
Boeing’s (BA) Credit Rating Slashed by Moody’s to to Baa3, One Step From Junk: Moody’s Ratings downgraded Boeing Co.’s credit score to one notch from junk as ...
bloomberg.com/news/articles/2024-04-24/moody-s-slashes-boeing-s-credit-rating-to-one-step-from-junk
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American Airlines Stock, Southwest Diverge. Boeing Casts Shadow Over Q1 Earnings.
investors.com/news/american-airlines-stock-southwest-airlines-stock-earnings/
Boeing Credit Outlook Gets Gloomier as Fitch Also Turns Negative: Fitch Ratings became the third major credit grader to turn pessimistic on Boeing Co ...
bloomberg.com/news/articles/2024-04-26/boeing-credit-outlook-gets-gloomier-as-fitch-also-turns-negative
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Rampup costs weigh on Q1 but Airbus hikes A350 output goal: Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff ...
reuters.com/business/aerospace-defense/airbus-misses-operating-profit-raises-a350-output-goal-2024-04-25/
Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing: Southwest Airlines' earnings may be dominated by its reliance on Boeing and ...
barrons.com/articles/southwest-airlines-earnings-stock-price-4f6481b2
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Bubble Tea IPO Drains Dregs of Optimism From Hong Kong: Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading ...
bloomberg.com/news/newsletters/2024-04-23/bubble-tea-ipo-drains-dregs-of-optimism-from-hong-kong
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S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Alaska Airlines May Opt To Cull Future Boeing Deliveries: Alaska Air Group is unsure how many aircraft it will receive from Boeing in 2024.
aviationweek.com/air-transport/airlines-lessors/alaska-airlines-may-opt-cull-future-boeing-deliveries
Reuters: Canada grants Airbus waiver against sanctions on Russian titanium: Airbus has been granted a waiver by the Canadian government, allowing it to continue ...
kyivindependent.com/reuters-canada-grants-airbus-waiver-against-sanctions-on-russia-titanium/
Boeing’s Revival Roadmap Put to Test by Dwindling Time and Cash: Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise ...
trib.al/BuwYdMY
Korean Air in talks to buy Boeing 777X jets, sources say: Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back ...
reuters.com/business/aerospace-defense/korean-air-talks-buy-boeing-777x-jets-sources-say-2024-04-24/
Quick Glance: Korean Air in Talks to Purchase Boeing 777X Jets
- Korean Air is in talks to purchase at least 10 Boeing 777X jets, potentially shifting back to its traditional U.S. supplier.
- Discussions with Boeing regarding the 777X, an upgraded version of the 777 mini-jumbo already in use by the carrier, are ongoing.
- Korean Air plans to acquire nearly two-thirds of smaller domestic rival Asiana for about $1.4 billion.
- The EU conditionally approved the Asiana purchase in February, stipulating that Asiana's cargo business must be divested before final approval.
Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
United Airlines Stock Rises as Profit Forecast Tempers Boeing Concerns (UAL, BA): United Airlines Holdings Inc.’s shares rose after the carrier forecast ...
bloomberg.com/news/articles/2024-04-16/united-airlines-cuts-2024-aircraft-plan-amid-growth-challenges
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Quick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
Embraer (ERJ) Emerges as Brazil’s Best Stock on Orders Flow: Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in ...
bloomberg.com/news/articles/2024-04-17/jet-maker-embraer-emerges-as-brazil-s-best-stock-on-orders-flow
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Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Brand-new Iberia Airbus A321XLR dressed in partial livery spotted for first time
aerotime.aero/articles/iberia-airbus-xlr-livery
Boeing makes its largest-ever sustainable aviation fuel purchase : US planemaker Boeing has announced it has made its largest ever the largest sustainable ...
aerotime.aero/articles/boeing-makes-its-largest-ever-sustainable-aviation-fuel-purchase
Boeing Under Pressure From FAA, Capitol Hill, Wall Street Over Latest 737 Issue: As Boeing faces two hearings on Capitol Hill and an earnings report ...
bloomberg.com/news/articles/2024-04-18/boeing-under-pressure-from-faa-capitol-hill-wall-street-over-latest-737-issue
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Boeing expects slower increase in 787 production rate and deliveries, memo says: Boeing expects a slower increase in the production rate and deliveries of its ...
reuters.com/business/aerospace-defense/boeing-expects-slower-increase-787-rate-production-deliveries-memo-2024-04-22/
Boeing buys GKN factory in Hazelwood, saving 550 jobs: Boeing’s deal for GKN Aerospace’s Hazelwood plant comes at a crucial moment for the defense contractor and ...
stltoday.com/news/local/business/boeing-buys-gkn-factory-in-hazelwood-saving-550-jobs/article_536ed6de-01b4-11ef-af1b-ffbd0896f85c.html
🔊 Beleaguered Boeing faces tough investor questions as it reports results. Listen to @davidshepardson with insights on the planemaker's turbulent first quarter
reut.rs/4d9SrAB
Boeing Earnings: Planemaker Is Burning Through Its Cash. That’s Good.: The planemaker is finally willing to spend what it takes to fix its supply chain and ...
bloomberg.com/opinion/articles/2024-04-24/boeing-earnings-planemaker-is-burning-through-its-cash-that-s-good
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Lufthansa and Eurowings among four airlines to back Europe with message on A320s
aerotime.aero/articles/lufthansa-eurowings-fuselage-message-europe
Boeing Stock Is Losing Altitude. It Needs To Find New Support.: The outlook for Boeing shares is hazy as it completes an epic 11-day losing streak ...
barrons.com/articles/boeing-stock-support-11d32050
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Delta Airlines Boeing Jet Makes Emergency Return After Slide Falls Off Plane: The plane was about an hour on its way to Los Angeles when it was forced to turn ...
thedailybeast.com/delta-airlines-boeing-jet-makes-emergency-return-after-slide-falls-off-plane
Boeing’s $3.9 billion cash burn adds urgency to revival plan: Boeing ended the reporting period with $7.5 billion in cash and short-term securities ...
bloomberg.com/news/articles/2024-04-24/boeing-s-3-9-billion-cash-burn-adds-urgency-to-quality-reboot
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reuters.com/breakingviews/guess-what-boeing-can-be-spelled-without-g-e-2024-04-17/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3VUBcgx
“Can carry the Taurus”: Airbus demands commitment to new Eurofighters: Eurofighters and Tornados are currently in use by the German Air Force ...
n-tv.de/politik/Airbus-verlangt-Bekenntnis-zu-neuen-Eurofightern-article24888260.html
Delta Boeing 767 leaving JFK called back after emergency slide falls off: A Delta Airlines Boeing 767 flying out of JFK Airport had to turn back and make an ...
nydailynews.com/2024/04/26/delta-boeing-767-leaving-jfk-called-back-after-emergency-slide-falls-off/
Safran posts higher Q1 revenue, keeps financial targets: French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and ...
reuters.com/business/aerospace-defense/safran-posts-higher-q1-revenue-keeps-financial-targets-2024-04-26/
Air New Zealand Working ‘Constructively’ With Boeing, Chair Says: Air New Zealand Ltd. will “work constructively” with Boeing Co. to secure its 787 Dreamliners ...
bloomberg.com/news/articles/2024-04-16/air-new-zealand-working-constructively-with-boeing-chair-says
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Etihad restarts Airbus A380 services to New York-JFK with a new daily flight : Etihad has brought Airbus A380 services back to New York-JFK with a new daily ...
aerotime.aero/articles/etihad-a380s-return-to-new-york
Quick Glance: Etihad Introduces A380 on New Route
- Etihad Airways flight EY1 from Abu Dhabi to New York landed at John F. Kennedy International Airport, marking the start of the airline's A380 double-decker service including The Residence, a luxurious three-room suite in the sky.
- The decision to introduce the A380 on the popular New York route aligns with the strategy to meet growing customer demand and expand the network. This move comes shortly after the launch of the new route to Boston, Etihad's fourth US gateway, emphasizing the commitment to serve and expand in the North American market.
- The integration of the A380 significantly increases Etihad's capacity in the crucial US market and provides convenient connections to the wider Middle East and the Indian subcontinent.
- One of Etihad's two daily flights to New York will be operated by the A380, while the other will be serviced by a 787-9, offering First, Business, and Economy cabins.
Airbus, Rolls-Royce Close to $20 Billion Turkish Airlines Parts Deal: Turkish Airlines is set to sign an agreement with Rolls-Royce Holdings Plc and Airbus SE ...
bloomberg.com/news/articles/2024-04-17/airbus-rolls-royce-close-to-20-billion-turkish-airlines-parts-deal
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Amid schedule uncertainty, Boeing will shed workers on SLS rocket program: "Boeing is reviewing and adjusting current staffing levels."
arstechnica.com/space/2024/04/amid-schedule-uncertainty-boeing-will-shed-workers-on-sls-rocket-program/
Cebu Pacific unveils new A320neo as part of push for all-Airbus fleet by 2028 : The Philipine carrier Cebu Airlines has unveiled a brand-new A320neo as the ...
aerotime.aero/articles/cebu-pacific-airbus-delivery
Boeing's crisis hurts everyone: The US aircraft manufacturer will take a long time to get back on its feet. Not good news for anyone who wants to fly sustainably ...
sueddeutsche.de/wirtschaft/boeing-737-max-krise-investitionen-1.6595219
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Boeing to face questions on potential CEO candidates, Spirit talks
reuters.com/business/aerospace-defense/boeing-face-questions-potential-ceo-candidates-spirit-talks-2024-04-22/
Boeing retaliated against its own engineers working for FAA, union says: Boeing's engineering union alleges management retaliated against two engineers ...
seattletimes.com/business/boeing-aerospace/boeing-retaliated-against-its-own-engineers-working-for-faa-union-says/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3U0awsf
Red Lobster could file for bankruptcy soon: Private deliberations are ongoing and a final decision has not yet been finalized
qz.com/red-lobster-chapter-11-bankruptcy-express-1851416906
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Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Boeing’s Spirit AeroSystems talks hit snag over Airbus: Boeing's plan to buy back supplier Spirit AeroSystems has become mired in protracted discussions over ...
bloomberg.com/news/articles/2024-04-23/boeing-bid-for-spirit-aerosystems-hits-snag-over-airbus-assets
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While Boeing Takes A Beating, This Aerospace Stock Takes Flight: While Boeing continues to flounder, fellow aerospace peer Heico has just launched a breakout ...
investors.com/research/breakout-stocks-technical-analysis/heico-stock-boeing-stock/
Boeing hit after new whistleblower raises safety concerns: Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets.
bbc.com/news/business-68775413
Tesla, Texas Instruments, Enphase Energy, Boeing, Meta Platforms, and More Stock Market Movers
on.barrons.com/3UbGfGQ
Aegean Airlines orders four Airbus A321neo's with extended range capabilities: Greece's largest carrier Aegean Airlines said on Wednesday that it will order four ...
reuters.com/business/aerospace-defense/aegean-airlines-orders-four-airbus-a321neos-with-extended-range-capabilities-2024-04-17/
Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings: The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's ...
kiplinger.com/investing/stocks/stock-market-today-stocks-run-out-of-steam-ahead-of-meta-earnings
FAA probing Boeing whistleblower's quality claims on 787, 777 jets: The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's ...
reut.rs/3VPtap1
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
Opinion | The Boeing Just-So Story: Aviation romantics aren’t helping a troubled company get back on track.
wsj.com/articles/the-boeing-just-so-story-flight-travel-2b239a61
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reut.rs/3xGMjQd
US Senate committee to hold hearing on Boeing safety culture report: The U.S. Senate Commerce Committee said on Thursday it would hold a hearing next week with ...
reuters.com/business/aerospace-defense/us-senate-committee-hold-hearing-boeing-safety-culture-report-2024-04-12/
Boeing’s long fall, and how it might recover: The intense backlash against Boeing after the near catastrophe aboard an Alaska Airlines 737 Max in January wasn’t ...
columbian.com/news/2024/apr/14/boeings-long-fall-and-how-it-might-recover/
Why Boeing chief’s $33mn pay is hard to justify: Dave Calhoun was awarded a 45% increase in total pay last year
ft.com/content/c3683fda-f4c6-44d2-bb1b-0eeab5af0f76
European airlines’ hot summer belies sector clouds: This summer, European airlines may find that fewer planes mean more profit. Airbus and Boeing’s supply chain ...
reuters.com/breakingviews/european-airlines-hot-summer-belies-sector-clouds-2024-04-23/
Boeing executives got twice as much in plane perks as the company said: The plane manufacturer disclosed that its C-suite got more than $500 ...
qz.com/boeing-executives-private-plane-wsj-1851404583
Airbus CFO says A350 plane production increase not tied to Boeing troubles: Airbus is ramping up production of its A350 aircraft because of consumer demand and ...
cnbc.com/2024/04/26/airbus-cfo-says-a350-plane-production-increase-not-tied-to-boeing-troubles.html
Does the DAX still have more fuel in the tank? Also important: shares in Delivery Hero and Airbus
boerse-online.de/nachrichten/rohstoffe/hat-der-dax-noch-mehr-sprit-im-tank-ausserdem-wichtig-aktien-von-delivery-hero-und-airbus-20355902.html
Alaska Airlines briefly grounds all flights due to technical issue: Alaska Airlines briefly grounded all flights Wednesday due to a technical issue ...
apnews.com/article/alaska-airlines-flights-grounded-boeing-94da244ece3c2ceff2a98e8213ef24c4
Boeing wants to have flying cars by 2030: A company executive revealed the plans in a new interview
qz.com/boeing-wisk-autonomous-flying-cars-asia-2030-1851420651
Boeing Engineer Says Company Used Shortcuts to Fix 787 Jets: Complaint to regulators says the company dismissed quality and safety concerns during production of ...
on.wsj.com/3PVyx2u
NTSB conducting new interviews with Boeing on 737 MAX 9 door plug probe: The National Transportation Safety Board is conducting a new round of interviews with ...
reut.rs/3TRrTLO
Quick Glance: NTSB's Investigation Update on Boeing 737 MAX 9 Door Plug Incident
- The National Transportation Safety Board is conducting a new round of interviews with Boeing and the Federal Aviation Administration this week as part of its probe into the in-flight emergency on the Alaska Airlines 737 MAX 9 in January.
- NTSB Chair Jennifer Homendy revealed that investigators were back at the 737 plant in Renton, Washington, this week for more interviews.
- Boeing has declined to comment on the interviews, stating that required documents detailing the removal of the door plug in the Alaska Airlines plane were never created.
- The NTSB plans to hold a public investigative hearing regarding the Alaska Airlines incident in August, which will include testimony from employees at Boeing, fuselage manufacturer Spirit AeroSystems, and others like Alaska Airlines.
A jet remains in the cornfield: Ural Airlines' Airbus is dismantled: The Ural Airlines A320, which was stranded in a grain field in Siberia in 2023 ...
nzz.ch/mobilitaet/ein-jet-bleibt-im-kornfeld-der-airbus-von-ural-airlines-wird-zerlegt-ld.1826381
Airbus just confirmed it will leave Boeing in the dust this year: It's not expecting to deal with any of the production slowdowns that have plagued its American ...
qz.com/airbus-boeing-plane-delivery-expectations-1851400965
United Airlines Earnings Land Today. Boeing Is Just One Issue the Stock Faces.: United Airlines stock has fallen 14% since the beginning of April ...
barrons.com/articles/united-airlines-earnings-stock-price-3c51ddbd
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