$AIR-FR News

Last published 5mo ago

5mo agoAIR-FR .SPX SOLS HON+2As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growthCNBCBy 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.
7mo agoDAL AMZN BA AIR-FR+3Delta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat upCNBCDelta says the Amazon Leo in-flight Wi-Fi will be available starting in 2028 on 500 initial aircraft.
9mo agoVOYG TSLA PLTR AIR-FR+1Voyager Technologies CEO says space data center cooling problem still needs to be solvedCNBCVoyager CEO Dylan Taylor said a two-year timeframe for data centers in space would be "aggressive."
11mo ago.DJI .SPX .IXIC PLTR+16Eli Lilly's price cut, Thanksgiving box office, trouble for gravestone makers and more in Morning SquawkCNBCHere are five key things investors need to know to start the trading day.
11mo agoAIR-FRAirbus shares fall on reports of new quality issue on dozens of A320 aircraftCNBCShares of Airbus plunged to the bottom of the pan-European Stoxx 600 index on Monday morning.
1y agoQAN-AU AIR-FRQantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and LondonCNBCThe specially configured aircraft was depicted on an assembly line in France, with its fuselage sections, wings and landing gear now all attached.
1y agoAIR-FR BA RTXAirbus CEO reaffirms delivery guidance for 2025CNBCAirbus CEO Guillaume Faury said the plane maker is on track to deliver about 820 planes in 2025.
1y agoMETA ASML AIR-FRMeta says it won't sign Europe AI agreement, calling it an overreach that will stunt growthCNBC"Europe is heading down the wrong path on AI," global affairs chief Joel Kaplan wrote in a post on LinkedIn Friday.
1y agoAIR-FR BA HO-FRAirbus orders dominate Paris Air Show as Boeing takes backseat — againCNBCThe European planemaker has announced a slew of orders at a show overshadowed by the fatal Air India crash and geopolitical turmoil.
1y agoBA AIR-FR EMBR-BR .SPX+2Boeing Dreamliner crash, military escalations darken mood at Paris Air ShowCNBCThe trade event is a big draw for the industry every year, as Boeing, Airbus and other aerospace giants host parties, sign deals and show off new aircraft.
1y agoBA AIR-FR EZJ-GB RYA-IESummer travel demand is soaring — but European airlines are short on planesCNBCA persistent global jet shortage means airlines are bracing for an uphill battle over what is typically the peak travel season.
1y agoLHA-DE BA AIR-FRLufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom lineCNBCThe German airline group has been struggling with its ageing fleet as hundreds of newer models face delivery delays.
1y agoAIR-FR BA DAL JBLUFirst-class seats are getting so fancy they're holding up new airplanesCNBCSupply chain issues and certification of new first- and business-class seat models have delayed deliveries to airlines.
1y agoAIR-FR AAL DAL UAL+2Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO saysCNBCGuillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.
2y agoAIR-FR DAL BAAirbus monthly deliveries fall, piling pressure on annual target as production woes persistCNBC"Reaching year end delivery guidance will be challenging, but not impossible," analysts at Deutsche Bank said.
2y agoUAL AAL BA AIR-FR+8U.S. airlines cool hiring after adding 194,000 employees in post-Covid spreeCNBCHiring by U.S. airlines is cooling after the industry added tens of thousands of jobs to build up for the post-Covid travel surge.
2y agoAIR-FR A GE BA+5Airplane engines are in short supply. The business of fixing older ones is boomingCNBCEngine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.
2y agoBA AIR-FR UALAt the year's biggest air show, Boeing and Airbus orders were muted. Supply chain worries were notCNBCA roadmap of the next few months of production is emerging this week, with Airbus reporting quarterly results on Tuesday, followed by Boeing on Wednesday.
2y agoMANU DAL .SPX UAL+8How Delta made itself America's luxury airline — and what United wants to do about itCNBCDelta is the most profitable U.S. airline and says it continues to beat rivals as more travelers pay up for premium cabins.
2y agoAIR-FRAirbus shares fall 9% as company cuts 2024 guidance on targets, deliveriesCNBCShares in Airbus fell on Tuesday after the company said it was cutting its targets for 2024, including aircraft deliveries and earnings.
2y agoSPR BA AIR-FRBoeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery ratesCNBCSpirit makes fuselages at the plant for Boeing's best-selling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.
2y agoBA AIR-FREmirates' chairman has a message for Boeing: 'Get your act together'CNBCWith 245 passenger planes and five 778 freighters on order, Emirates is Boeing's largest customer in terms of widebody jets.
2y agoBA ALK AL AIR-FR+4'We need someone to fix Boeing.' Here's who could replace Calhoun as the troubled plane maker's CEOCNBCBoeing's next CEO must handle the company's safety crisis and quality problems as well as growing competition from Airbus and Chinese manufacturers.
2y agoAIR-FR BAAirbus says it's 'not happy' about issues at rival BoeingCNBC"I think it's not helpful for the industry, and if it's not helpful for the industry, it's not helpful for Airbus," Airbus CFO Thomas Toepfer told CNBC.
2y agoBA AIR-FRQatar Airways to launch First Class, as airline courts Airbus and Boeing for new planesCNBCQatar Airways is developing a First Class concept and pursuing aircraft orders from aviation giants Boeing and Airbus, as part of a broader strategic overhaul.
2y agoDAL BA ALK UAL+1Delta CEO is confident about moving forward with order of Boeing Max 10sCNBCDelta expects to move forward with an order of Boeing 737 Max 10 aircraft as the planemaker grapples with issues surrounding the Max 9.
2y agoBA ALK UAL AIR-FRBoeing shares tumble 8% after FAA grounds dozens of 737 Max 9s for urgent safety inspectionsCNBCThe Federal Aviation Administration grounded dozens of Boeing Max 737 9 planes after a plug door blew out midair during an Alaska Airlines flight.
2y ago5KD-FF BA AIR-FRFlying taxi firm Lilium receives EU approval for its electric jetsCNBCAir taxi firm Lilium has been granted EU approval to design and operate its electric vertical takeoff and landing vehicles globally.
2y agoBA AIR-FRBoeing bonanza leaves rival Airbus in the dust at the 2023 Dubai Airshow with billions in ordersCNBCBoeing chalked up more than three times as many aircraft orders as its French rival Airbus by day four of the Middle East's largest aviation show.
3y agoBA AIR-FRBoeing CEO says travel demand recovery is 'more resilient' than he imaginedCNBCBoeing's CEO Dave Calhoun is bullish about the recovery of travel demand, and said it's more resilient than he expected.
3y agoAIR-FR RYA-IEBritish tycoon plans to launch an electric airline that will serve plant-based foodCNBCEcojet flights in the U.K. will begin in 2024. Trips to mainland Europe will follow, and long-haul journeys are also in the works.
3y agoSPR BA AIR-FRKey Boeing supplier stops production at Wichita plant after workers vote to strikeCNBCSpirit AeroSystems makes fuselages for Boeing's 737 Max and makes parts for other aerospace manufacturers including Airbus.
3y agoUPS GOOGL SG DASH+6Amazon's 100 drone deliveries puts Prime Air far behind Alphabet's Wing and Walmart partner ZiplineCNBCAmazon's Prime Air drones recently passed 100 deliveries, hundreds of thousands less than competitors such as Alphabet's Wing and Walmart partner Zipline.
3y agoAIR-FRWhy Airbus and others are betting on hydrogen-powered planes instead of electric planesCNBCAircraft are responsible for 2.5% of global CO2 emissions and the problem is growing. Hydrogen could be a solution, drawing interest from Airbus and startups.
3y agoLUV BA AAL AIR-FRSouthwest scales back 2023 hiring because of Boeing aircraft delaysCNBCSouthwest expects to receive only 70 Boeing 737 Max planes this year, down from 90.
3y agoAAL BA AIR-FRAmerican Airlines ekes out a first-quarter profit as carrier ramps up flyingCNBCFor the second quarter of the year, American Airlines forecast adjusted per-share earnings at the high end of analysts' expectations.
3y agoAVAV BA.-GB GM P911-DE+3Why Porsche, Mercedes and GM are betting on silicon-anode batteriesCNBCSilicon-anode batteries could be the next big thing in tech, as they start to win the attention of Airbus, Porsche Mercedes-Benz and General Motors.
3y agoAAL DAL UAL BA+1How airplane seat refurbishing became a billion-dollar industryCNBCCNBC explores the growing business of aircraft-seat refurbishment.
3y agoEVE ACHR JOBY UAL+3How these new electric aircrafts could disrupt the $49 billion helicopter industryCNBCWith an estimated 200 companies working on electric vertical takeoff and landing vehicles, the $49 billion helicopter industry faces a new set of challengers.
3y agoBA AIR-FR AAWWWhy Boeing stopped making the 747 jumbo jetCNBCCNBC looks back at how Boeing's 747 changed aviation and what's next for the company.
3y agoRYAAY CMI BMWB-FF EZJ-GB+2Rolls-Royce uses hydrogen produced with wind and tidal power to test jet engineCNBCRolls-Royce and easyJet said they had carried out the ground test of a jet engine that used hydrogen produced from tidal and wind power.
4y agoBA AIR-FR JBLU/AIR-FR/+3Airlines have the passengers. Now they need the planesCNBCMajor airlines report delays in getting aircraft from manufacturers like Boeing and Airbus.
4y agoBA FDX AIR-FR BA/+2Air cargo rates slump but some companies see long-term strengthCNBCAir freight is a tiny part of the overall cargo market, but it's been pushed to the forefront during the pandemic.
4y agoBA AIR-FR'They need to get real': Airlines slammed for betting on alternative fuels to reduce emissionsCNBCAirline executives at Britain's Farnborough International Airshow are betting on the use of sustainable aviation fuels to reduce their climate impact.
4y agoRYAAY AIR-FR CMI BMW-DE+2Rolls-Royce and easyJet to test hydrogen combustion engine tech for airplanesCNBCThe firms want to conduct an "early concept ground test" of the hydrogen technology in a Rolls-Royce engine the U.K. later this year.
4y agoAIR-FR BA LMT RR.-GB+2Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemicCNBCBritain's Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation.
4y agoAF-FR AIR-FRAirbus sets up UK-based facility that will focus on hydrogen tech for aircraftCNBCHydrogen has a diverse range of applications and can be deployed in a wide range of industries.
4y agoAIR-FR BMW-DE 7203.T-JP 9020.T-JP+2Hydrogen-powered train a step closer to passenger service in GermanyCNBCTwo-car train will use fuel-cells that are roof-mounted and underfloor batteries.
4y agoAIR-FR BAAirbus CEO: Transatlantic flights, Europe travel will grow post-Covid despite Ukraine-Russia tensionsCNBCThe CEO of Airbus, which is based in Toulouse, France, believes an expected surge in travel this summer is still likely.
4y agoAIR-FRAirbus CEO says hydrogen plane is 'the ultimate solution' but cautions a lot of work lies aheadCNBCWhile there is excitement in some quarters about hydrogen planes, a considerable amount of work needs to be done to commercialize the technology.