Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...
Tag: Airbus SE
Rolls-Royce uses green hydrogen in jet engine test
LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that us...
Taxation is a blunt instrument, IATA chief Willie Walsh says
The aviation industry requires more carrot and less stick going forward to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC&#...
Airlines have the passengers. Now they need the planes
The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reute...
Air cargo rates slump but some companies see long-term strength
The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don&#...
Aviation leaders to gather for major trade event
Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s...
This strategist warned investors not to chase momentum at the top. Now he says it’s time to be a contrarian.
Michael Darda, chief economist and market strategist at MKM Partners, was no fan of the stock market when it was registering record highs. “Blinded by liquidity and false expectations of the proverbia...
Boeing Says ‘Drip, Drip’ of Bad News Should Stop. Investors Don’t Believe It.
Text size Boeing CEO Dave Calhoun expects air travel demand to stay. Dreamstime Boeing CEO Dave Calhoun spoke Wednesday at an conference in Qatar arranged by Bloomberg. For investors, there was some g...
Airbus sets up UK facility to focus on hydrogen tech for aircraft
A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Ca...
Boeing Could Face Another Test on 787. Investors Need ‘D’ for Deliveries.
Text size An American Airlines Boeing 787-9 Dreamliner. Joe Raedle/Getty Images Boeing investors could use a bit of good news, but they don’t seem to be getting any. The latest is the assertion that t...
Airbus posts profit, plans new jet assembly line in Alabama
Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from t...
Hydrogen-powered train a step closer to passenger service in Germany
A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria to...
As Russia presses its war with Ukraine, here are 10 aerospace and defense stocks expected to rise up to 39%
No matter when the shooting stops and Russia’s war in Ukraine comes to an end, it seems clear from actions taken by European countries that we’re entering a period of increased defense spending. Below...
Transatlantic flights, Europe travel will grow post-Covid despite Ukraine-Russia tensions
As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in U...
Airbus CEO says hydrogen plane is ‘the ultimate solution’
A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges...
Sustainable aviation fuel costs more but consumers willing to pay: IATA
Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the di...
Frontier and Spirit to merge creating 5th largest airline in U.S.
Frontier Airlines and Spirit Airlines, the two largest low-cost carriers in the U.S. have agreed to merge, creating what would become the fifth largest airline in the country. The boards of both compa...
Boom Supersonic picks North Carolina to build, test ultra-fast planes
A rendering of Boom Supersonic’s Overture jet. Boom Supersonic Boom Supersonic, which is developing ultra-fast airplanes it believes will lead to the return of commercial supersonic flights, has...
Airbus Stock Gets Downgraded. Boeing Investors Should Pay Attention.
Wall Street believes in the recovery in commercial aerospace, and shares of Boeing have been growing in popularity with analysts. There are still risks to the stock and the sector, however, as a downg...