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Commercial Jets

All articles tagged with #commercial jets

business2 years ago•3 min saved

"Jets and Defense in Focus at Paris Air Show 2023"

The Paris Airshow has returned after a four-year hiatus, with aerospace companies showcasing missiles, drones, and futuristic transport. The event is taking place amid supply chain challenges and rising costs, with airlines rushing to meet demand and reach net-zero emissions by 2050. Airbus is expected to announce a record order for 500 narrow-body jets from Indian budget airline IndiGo, while industry executives say as many as 2,000 jet orders are up for grabs worldwide.

via Reuters|

#aerospace #business #commercial-jets

business2 years ago•2 min saved

Boeing sees growth in deliveries and orders ahead of Paris Air Show.

Boeing reported 50 deliveries in May, up from 35 in April, as it prepares to showcase its newest commercial jets at the Paris Air Show next week. The company will debut the Boeing 737 Max 10 and the Boeing 777-9 during the event. However, its 206 deliveries so far this year trail 244 for archrival Airbus, as production woes persist.

via Investor's Business Daily|

#airbus #boeing #business

business2 years ago•2 min saved

Boeing's Q1 Earnings Show Mixed Results with 737 Max Production Boost.

Boeing is expected to report its best Q1 results since 2019, with revenue estimated to be $17.7 billion, a 26% jump from the prior year. The company is projected to have sold 131 commercial jets last quarter, up from 95 deliveries a year ago, and is expected to report a loss of 98 cents per share, an improvement of almost 65% over last year. Boeing's fortunes are tied to air travel demand, and the company's production delays cost it market share to rival Airbus.

via Investopedia|

#air-travel-demand #boeing #business

aviation2 years ago•1 min saved

Russia's Aging Aircraft Face Maintenance Crisis.

Russia's aviation industry is facing safety concerns as it has limited access to parts, software, and technical skills required for critical maintenance on hundreds of commercial jets due to Western sanctions and export controls imposed after the country's invasion of Ukraine. The industry is heavily dependent on Western assistance, and the lack of maintenance could pose a risk to safety, according to industry executives and regulators.

via The Wall Street Journal|

#aircraft-maintenance #aviation #commercial-jets