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Reuters - 2 days ago

Striking workers, Safran reach agreement over pay in Canada, says union

UPDATE 2-Striking workers, Safran reach agreement over pay in Canada, says union Adds timing of ratification vote paragraph 2 July 4 (Reuters) - Striking Safran SAF.PA workers in the Montreal area have reached an agreement in principle with the French jet engine maker after being on strike over pay since May 28, union representative Michael Durand told Reuters on Thursday.
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Reuters - 3 days ago

Airbus Wins German Armed Forces Contract For Military Communications Satellite System

BRIEF-Airbus Wins German Armed Forces Contract For Military Communications Satellite System July 4 (Reuters) - Airbus SE AIR.PA : AIRBUS AWARDED GERMAN ARMED FORCES PRIME CONTRACT FOR MILITARY COMMUNICATIONS SATELLITE SYSTEM SPACECRAFT ARE DUE TO BE DEPLOYED BEFORE END OF DECADE AND CONTRACT VALUE AMOUNTS TO EUR 2.1 BILLION. IT ALSO INCLUDES UPGRAD
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Reuters - 3 days ago

Gas leak at Malaysia's Kuala Lumpur airport affects 39 people

UPDATE 3-Gas leak at Malaysia's Kuala Lumpur airport affects 39 people Updates number of people affected and adds details of gas leak KUALA LUMPUR, July 4 (Reuters) - Around 39 people at Malaysia's Kuala Lumpur international airport fell ill on Thursday after a gas leak at an aircraft engineering facility, but no passengers were affected and there were no flight disruptions, the fire department said.
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Reuters - 3 days ago

Airbus Airbus Has Delivered The First H160 In The U.S. To Phi- Website

BRIEF-Airbus SE - Airbus Has Delivered The First H160 In The U.S. To Phi- Website July 3 (Reuters) - Airbus SE AIR.PA : AIRBUS SE - AIRBUS HAS DELIVERED THE FIRST H160 IN THE U.S. TO PHI- WEBSITE Source https://tinyurl.com/ymy7x9x4
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Reuters - 4 days ago

Safran, Airbus To Provide Maintenance For The German Bundeswehr's H145M Engines

BRIEF-Safran, Airbus To Provide Maintenance For The German Bundeswehr's H145M Engines July 3 (Reuters) - Airbus SE AIR.PA : SAFRAN HELICOPTER ENGINES SIGNED SUPPORT-BY-THE-HOUR CONTRACT WITH AIRBUS HELICOPTERS FOR THE ENGINES POWERING THE GERMAN BUNDESWEHR'S NEW FLEET OF AIRBUS H145M HELICOPTERS CONTRACT FOR A TOTAL FLEET OF 2,000 ENGINES CONTRACT
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Reuters - 5 days ago

Spirit Aero chief in spotlight as Boeing searches for new CEO

Spirit Aero chief in spotlight as Boeing searches for new CEO Patrick Shanahan, Spirit Aero CEO, is a notable candidate due to his Boeing experience Shanahan's tenure at Spirit has faced challenges, including a mid-air panel blowout incident Some industry experts question whether Shanahan can change Boeing's culture despite his long association By Rajesh Kumar Singh CHICAGO, July 2 (Reuters) - Boeing's BA.N long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSyste
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Reuters - 5 days ago

Qatar Airways posts 39% jump in annual profit to record $1.67 billion

Qatar Airways posts 39% jump in annual profit to record $1.67 billion DUBAI, July 2 (Reuters) - Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on Tuesday. Revenue grew by 6% to 81 billion riyals in the year ended March 31, the government-owned airline said. It carried more than 40 million passengers and recorded a load factor of 83%.
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Reuters - 5 days ago

Philippines' Cebu Air to order at least 70 Airbus planes

UPDATE 2-Philippines' Cebu Air to order at least 70 Airbus planes Adds quotes, detail MANILA, July 2 (Reuters) - Philippine budget airline Cebu Air Inc CEB.PS said on Tuesday it has agreed to buy a minimum of 70 AIR.PA A321neo aircraft, with options for more, to secure its long-term fleet expansion needs. Cebu Air, which operates under the name Cebu Pacific , has plans to double its fleet by 2035 to take advantage of a long-term travel boom across Southeast Asia following the pandemic.
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Reuters - 5 days ago

Cebu Air Says Cebu Pacific, Airbus Sign MoU For Up To 152 Aircraft For $24 Billion

BRIEF-Cebu Air Says Cebu Pacific, Airbus Sign MoU For Up To 152 Aircraft For $24 Billion July 2 (Reuters) - Cebu Air Inc CEB.PS : CEBU PACIFIC, AIRBUS SIGN MOU FOR UP TO 152 AIRCRAFT DEAL FOR USD $24 BILLION MOU WITH AIRBUS FOR PURCHASE OF UP TO 152 A321NEO AIRCRAFT FOR USD $24 BILLION MOU COVERS FIRM ORDERS FOR UP TO 102 A321NEO, PLUS 50 A320NEO F
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Reuters - 5 days ago

Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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Reuters - 5 days ago

Philippines' Cebu Air to order up to $24 bln worth of Airbus planes

Philippines' Cebu Air to order up to $24 bln worth of Airbus planes MANILA, July 2 (Reuters) - Philippine budget carrier Cebu Air Inc CEB.PS said on Tuesday it has signed a memorandum to buy up to 152 Airbus AIR.PA aircraft for $24 billion based on list prices, the largest aircraft order in the country's aviation history. The memorandum covers firm orders for up to 102 A321neo aircraft, plus purchase rights for 50 A320neo, Cebu Air said in a statement.
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Reuters - 5 days ago

European equity futures red

LIVE MARKETS-European equity futures red Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN EQUITY FUTURES RED European equity futures are mostly lower on Tuesday as investors take stock of the first round of the French election , following a strong showing by Marine Le Pen's National Rally.
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Reuters - 5 days ago

Airbus deliveries rose 2% in first half, sources say

UPDATE 1-Airbus deliveries rose 2% in first half, sources say Adds details and context from paragraph 3, analyst notes By Tim Hepher PARIS, July 1 (Reuters) - Airbus AIR.PA delivered a preliminary total of around 67 airplanes in June, bringing the total for the first half of the year to around 323 aircraft, up 2% from the same period last year, industry sources said on Monday.
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Reuters - 5 days ago

Airbus deliveries rose 2% in first half, sources say

UPDATE 1-Airbus deliveries rose 2% in first half, sources say Adds details and context from paragraph 3, analyst notes By Tim Hepher PARIS, July 1 (Reuters) - Airbus AIR.PA delivered a preliminary total of around 67 airplanes in June, bringing the total for the first half of the year to around 323 aircraft, up 2% from the same period last year, industry sources said on Monday.
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Reuters - 5 days ago

British Business - July 2

PRESS DIGEST-British Business - July 2 July 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Higher interest rates helped to drive a near-doubling of revenues at Revolut to 1.8 billion pounds ($2.28 billion) last year and pushed profits at the fast-growing financial technology company to record levels.
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Reuters - 5 days ago

How a Boeing plea deal could affect the planemaker

EXPLAINER-How a Boeing plea deal could affect the planemaker By Chris Prentice, Mike Spector July 1 (Reuters) - The U.S. Justice Department will criminally charge Boeing BA.N with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, people familiar with the matter said on Sunday . Boeing will have until the end of the week to respond to an offer of a plea deal from the Justice Department, the sources said.
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Reuters - 5 days ago

How jetmakers divided up struggling supplier Spirit AeroSystems

How jetmakers divided up struggling supplier Spirit AeroSystems Boeing agrees $4.7 billion deal to buy back Spirit AeroSystems Airbus sought compensation to take over loss-making activities Spirit to seek buyers for some assets to cover payment to Airbus By Mike Stone, Tim Hepher, Abhijith Ganapavaram WASHINGTON, July 1 (Reuters) - Hashed out in three-way talks between plane giants and one of their key suppliers, Boeing's BA.N $4.7 billion deal to buy back Spirit AeroSystems SPR.N is a rare tria
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Reuters - 5 days ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds BlackRock, Boeing, Poste Italiane and Robinhood Markets July 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 000 GMT on Monday: * * Italy's Treasury has picked accounting firm KPMG to put a price tag on PagoPA, a company handling digital payments to the public administration, as it prepares to sell the business to the state mint and postal service Poste Italiane PST.MI , people close to the matter said.
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Reuters - 5 days ago

Airbus deliveries rose 2% in first half, sources say

Airbus deliveries rose 2% in first half, sources say PARIS, July 1 (Reuters) - Airbus AIR.PA delivered a preliminary total of around 67 airplanes in June, bringing the total for the first half of the year to around 323 aircraft, up 2% from the same period last year, industry sources said on Monday. Airbus, which last week cut its delivery forecast
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Reuters - 5 days ago

Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia

Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia By Abhijith Ganapavaram July 1 (Reuters) - Airbus AIR.PA may end up owning some assets of Spirit AeroSystems SPR.N in Scotland and Malaysia if the transatlantic supplier is unable to find a buyer for them, a filing from the aerostructures company showed on Monday. The European planemaker has agreed to take over core activities at four of the supplier's plants in the United States, Northern Ireland, France and Morocco, while r
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