Airlines Hammered Following Brexit Vote
U.S. airline stocks have taken two solid hits to share prices in the past two weeks. First the horrific killings in an Orlando, Florida, nightclub and then the unexpected vote that could lead to…
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Southwest to Delay Delivery of 67 Boeing 737s
Southwest Airlines will postpone delivery of 67 new 737 MAX-8 airplanes from Boeing until at least 2023.
United Outlines $3.1 Billion Profit Growth Plan
United Continental announced Tuesday morning a plan to boost the airline's profitability by $3.1 billion by 2018.
Boeing Acknowledges Iran Order
Saying that it had signed an order with Iran Air "under authorizations from the U.S. government," Boeing confirmed that the Iranian airline intends to buy planes from the U.S. maker.
Boeing Finally Set to Get Firm $4 Billion Order for 747s
While passenger airlines were booking strong profits in 2015 due primarily to low fuel costs, cargo carriers had a tougher time.
Boeing Tallies Order for 6 Freighters, Brings Annual Total to 275
In its weekly report on orders and deliveries, Boeing said that it has received six new orders for its 767 from an unidentified customer.
Boeing Nears Matching Airbus Deal With Iran
Back in January, Airbus announced an agreement with Iran's flag carrier, Iran Air, for 118 new aircraft. A similar deal between Iran Air and Boeing is expected to be announced shortly.
SAIC Beats Estimates as Scitor Revenues Top Rising Costs
SAIC reported better-than-expected first-quarter 2017 results before markets opened Monday morning, due in part to its Scitor acquisition.
India Becomes Second Largest Defense Importer
The largest defense importer this year was Saudi Arabia. The second was India, which raises the question of why it needs to so many weapons.
Boeing Says It Has a Fix for Tanker Refueling Problem
At a conference on Wednesday, Boeing said it has come up with a fix to the refueling problem that has caused a delay in the delivery of the new KC-46A tanker for the U.S.…
Airbus Adds 83 Orders in May
The first quarter was truly awful for Airbus, but the European airframe maker said Tuesday morning that it delivered 57 planes in May.
Will a Sale to Iran Be Easier for Boeing Than It Has Been for Airbus?
Reuters reported Monday that some industry sources expect Boeing to strike a deal with Iran Air "fairly soon" for 100 new Boeing jets.
Qatar Airways Drops Airbus Order, May Consider Switching to Boeing 737
Qatar Airways, once the launch customer for the new A320neo from Airbus, has now cancelled its first delivery of the plane.
Lockheed Air Force Training Jet Makes First Flight
Lockheed Martin and its partner, Korea Aerospace Industries, have successfully completed the first test flight of a modified KAI T-50 training jet.
Why a Boeing 777-9X Costs $400 Million
With fuel prices at current lows, there is less incentive for the airlines to take delivery of new, more fuel-efficient models. Lease extensions remain very strong, and that is not expected to change in…