In late May, GKN Aerospace halted production at its window factory in suburban Los Angeles, after an overheating tank raised fears of an explosion serious enough to evacuate 50,000 nearby residents for several days. The factory has since partially reopened.…
RTX released its quarterly earnings today, beating Wall Street expectations. Fourth-quarter revenues exceeded industry estimates, coming in at $24.24 billion, above the $22.65 billion estimate. Earnings per share were $1.55 for the quarter, exceeding consensus estimates of $1.47, with return…
GreenTaxi is a new entrant in the e-taxi segment. The concept of e-taxi isn’t novel, but its gestation has been taking a long time. GreenTaxi, has an approach that moves beyond what was first seen in 2013 when SAFRAN and…
It appears that aircraft inventories are easing this year. View our daily updated tracker here. Please note that the inventory tracker is on page two. This model is published outside our paywall . This model has an active “X-axis.” When…
Raytheon Technologies reported its first quarter earnings, and beat Wall Street estimates. The company reported revenues of $19.3 billion in the first quarter with earnings per share of $1.34. Sales were up organically 12% year over year, with a 10%…
There has been a flutter of news about GE expressing interest in powering the A330neo. The news coming out now suggests discussions which, we understand, have been taking place for some time. There are significant implications to this. Let’s break…