Page 38 - Aer News Today

U.S. carriers expect strong profit in the current quarter as travel spending remains strong, but delays in aircraft deliveries and staffing shortages are hampering their efforts to fully capitalize on consumer demand.

Germany's Hensoldt is considering an acquisition of the defence electronics segment of Italy's Leonardo as part of efforts for European consolidation, CEO Thomas Mueller said in comments released on Thursday.

Australia said on Wednesday it would start domestic manufacture of guided missiles by 2025, two years sooner than expected, in a wide-ranging shakeup of defence arrangements to focus on long-range strike capability.

German Defence Minister Boris Pistorius has made speed the top priority in military procurement, according to a document seen by Reuters on Wednesday, in a push to overhaul procedures previously criticised as slow and ineffective.

Swedish defence equipment maker Saab's Q1 results beat forecasts as countries continued to stock up on surveillance gear and weapons because of the war in Ukraine.

New orders for key U.S.-manufactured capital goods fell more than expected in March and shipments declined, suggesting that business spending on equipment likely remained a drag on economic growth in the first quarter.

The Czech government approved a defence cooperation agreement with the United States on Wednesday, Czech Prime Minister Petr Fiala told a televised news conference.

Lloyd's of London expects insurers will eventually reach a settlement with aircraft lessors over claims made over the loss of hundreds of aircraft stuck in Russia, the commercial insurance market's chairman was quoted as saying on Wednesday.

Shares of AerCap Holdings (NYSE:AER – Get Rating) have been assigned a consensus rating of “Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the […]

China's fully robotic rover on Mars, in longer-than-expected hibernation since May 2022, likely met with excessive accumulation of sand and dust, its mission designer said, breaking months of silence about the status of the vehicle.