Talks Resume Today’s news is focused on a productive meeting between Boeing and the IAM. The two sides spoke for the first time since the last offer was rejected, and are apparently making progress toward yet another proposal to be…
Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024…
Saudi Arabia’s new airline, Riyadh Air, announced it ordered 60 Airbus A321 family jets as it prepares to start operations in 2025. This deal means the airline now has 132 aircraft on order. Last year, the airline ordered 39 787s with options.…
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Today’s key news for Boeing is their $21 billion capital raise to repair their balance sheet and provide adequate cash over the coming year. With significant scheduled debt repayment and funding of operating losses and cash deficits looming, the company…
Last week, the Czech Ministry of Defense (MoD) signed a contract to acquire two Embraer C-390 Millennium multi-mission transport aircraft. These two NATO-standard aircraft will modernize and enhance the Czech Air Force’s operational capabilities. They can perform various missions, such…