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Category Aerospace

Airbus reports first half profits drop 46% in 2024

2024 07 30 163324

Airbus reported a major drop in first-half profits, primarily due to a write-down of Euro 989 million for its Space operations.  Without the write-off, the company’s results would have been slightly better than in 2023, reflecting the continued strength of…

The Daily Boeing: key stories for 31 July 2024

Boeing

Today’s key stories center about 2nd quarter earnings and expectations for Q3 after July deliveries holding pace.  Boeing will release earnings prior to market opening today, amid expectations for losses and negative cash flow as the company begins its manufacturing…

The Daily Boeing: key stories for 30 July 2024

Boeing

Today’s key story focuses about management succession and a new candidate for the Boeing CEO job, former Rockwell-Collins CEO Kelly Ortberg.  He joins insiders Stephanie Pope, current Boeing Commercial Airplanes CEO, Pat Shanahan, Spirit AeroSystems CEO who has prior Boeing…