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The Latest Breaking News from Airbus

Keep an Eye on These 3 Promising Air Defense Stocks

The aerospace and defense (A&D) industry’s outlook appears promising, thanks to solid demand for air travel, escalating geopolitical instability, and rapid technological adoption. Amid this backdrop, quality air defense stocks Air Lease (AL), MSA Safety (MSA), and CAE (CAE) could be ideal watchlist additions now. Continue Reading….

StockNews.com

Airbus Posts 11 Percent Profit Drop For 2023

European aviation giant Airbus on Thursday posted an 11 percent drop in net profit to 3.8 billion euros ($4.1 billion) in 2023, with past charges for its space business cutting into earnings.

International Business Times

Jet2 ups profit guidance again as Brits seek to escape ‘our rainy island’

A big reason for the change was that a larger portion of passengers had booked high-margin package deals

Evening Standard

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Airbus CEO Condemns Unacceptable Space Losses, Calls for Action

Airbus CEO addresses the issue of space losses, emphasizing that they are not acceptable and expresses the need to address the situation within the company.

Top News

Townsville tapped to turn farm waste into jet fuel

Australia's first sustainable aviation facility could be established in north Queensland to turn sugarcane by-products into low-carbon fuel.

AAP

6 Killed In Helicopter Crash In California

The CEO of a major Nigerian bank, along with his wife and son, was among the six that died in the crash near the California-Nevada border.

International Business Times

Watch As Flight Skids Off Airport Runway, Re-Enters In Dramatic Style [Video]

The incident happened with an Avion Express Airbus A320 on Saturday.

International Business Times UK

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Airlines Learn Patience In Constrained Airbus-Boeing Duopoly

With the latest Boeing crisis, airlines are staring down more delays, a familiar problem in a market in which both the US giant and rival Airbus face supply chain constraints.

International Business Times

IndiGo’s fleet groundings rise to over 70 after engine issue

IndiGo's aircraft groundings increase to 70 due to engine issues, but the airline remains profitable and expects growth.

The Hindu

SpaceX's Starship to launch 'Starlab' private space station in late 2020s

The team behind Starlab has selected SpaceX's giant Starship rocket to launch the private space station in 2028 or thereabouts.

Space

Despite lawsuits, monopoly may keep Boeing’s business intact

Boeing and Alaska Airlines stare at lawsuits while Boeing clients are contemplating a business without certain planes.

Al Jazeera

After the latest Max crisis, Boeing must focus on flight, not finance

For years, the company has focused on costs at the expense of its engineering heritage. Now the numbers look bad too

The Guardian - UK

The Boeing 737 Max 9 takes off again, but the company faces more turbulence ahead

The first 737 Max 9 planes have started flying again after a fuselage panel blew off in midair last week. But industry analysts say Boeing's reputation will take a lot longer to repair.

WEKU

Boeing's problems stem from FAA neglect

The FAA endangered the safety of the flying public with its lack of oversight of Boeing

Salon

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Top News

JetBlue and Spirit Airlines to Appeal Merger Blockade

JetBlue and Spirit Airlines plan to appeal a federal judge's ruling blocking their merger, aiming to compete more effectively in the airline industry.

Al Jazeera

Poor quality control, race for profits behind Boeing’s troubles

Door plug blowing out on An Alaska Airline Boeing aircraft has brought the plane maker under scrutiny again.

International Business Times UK

Flight Cancelled Just Before Take-Off After Passenger Notices Missing Bolts On Aircraft's Wing

The incident took place at Manchester Airport on Jan. 15.

Al Jazeera

What does the Alaska Airlines incident tell us about air safety?

After a door panel blew out on Alaska Airlines Flight 1282, we sought answers about the safety of air travel.

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The Conversation

Boeing needs to get real: the 737 Max should probably be scrapped

The Boeing 737 Max is in the news again, this time because the door plug on a brand-new plane came off soon after take-off. The pilots of the Alaska Airlines flight from Portland, Oregon, managed to return the Max 9 safely to Portland International Airport, but the consequences would have…

The Guardian - UK

‘Loose bolts in a young aircraft’: what went wrong at Boeing – and can it be fixed?

Mid-air blowout on Alaska Airlines plane suggests issues at manufacturer despite steps to address processes and culture

Top News

Delta Air Lines Reports Billion Profit in Q4, Plans to Expand Fleet with Airbus A350s

Delta Air Lines reported strong earnings in Q4, plans to purchase 20 Airbus A350s to cater to high-end travelers, and remains optimistic about travel deman...

WEKU

A recent lawsuit alleges 'excessive' defects at Boeing parts supplier

The lawsuit doesn't specifically mention door plug systems like the one that failed last week. But it adds to the scrutiny of Spirit AeroSystems, which has been linked to other problems.

Top News

European shares rise as rate-cut optimism boosts Airbus

European shares rally as investors celebrate the prospect of interest rate cuts, with Airbus leading the way.

The Independent UK

United Airlines plane makes an emergency landing after a warning about a possible door issue

An Airbus plane operated by United Airlines cut short a flight after crews got a door-indicator warning, according to a spokesperson for the airport in Tampa, Florida

Top News

Airbus Delivery Targets on Track as Supply Chain Issues Improve

Learn how Airbus is on track to meet its delivery targets as supply chain issues improve, according to company executives. Find out more here.

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