Page 27 - Tim Hepher News Today

Airline executives are fuming about the prospect of grounding planes and trimming flight capacity amid a busy summer travel season after fresh problems arose with some of RTXs Pratt &...

Airline executives are fuming about the prospect of grounding planes and trimming flight capacity amid a busy summer travel season after fresh problems arose with some of RTX's Pratt & Whitney engines. Pratt & Whitney's latest snag, revealed on Tuesday, will impact at least 1,200 of its Geared Turbofan (GTF) engines that power Airbus' popular A320neo jets and will need up to 60 days to inspect and fix after microscopic contaminants were found in a metal used in part of ...

By Tim Hepher PARIS (Reuters) -Europe's Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed

U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning on jet engines by aerospace giant RTX. Investors have been on...

By Shivansh Tiwary (Reuters) -U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning ...

By Tim Hepher PARIS (Reuters) - Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking ...

Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking business and free CEO Guillaume Faury to tackle broader strategic priorities, people familiar with the matter said. French-born Faury currently combines the job of running the world's largest jetmaker, at a time of widespread disruption following the pandemic, with CEO of the wider aerospace and defence group, to which he was re-apppointed last year. But the people said a series...

By Tim Hepher PARIS (Reuters) - Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking busine...

PARIS (Reuters) -Airbus is grappling with a growing shortfall in the range of its upcoming A321XLR passenger jet after reaching an agreement with European regulators on design safeguards needed to achieve certification, industry sources said. "Airbus expects no significant impact on the XLR’s unique range advantage in the single-aisle segment," an Airbus spokesperson said in response to a Reuters query. Launched in 2019 to expand on the successful A321neo jet and steal a marc...

Airbus is grappling with a growing shortfall in the range of its upcoming A321XLR passenger jet after reaching an agreement with European regulators on design safeguards needed to achieve...