Page 6 - Tim Hepher News Today

Europes Airbus is closing in on a deal to sell as many as 20 A330neo wide-body airliners to Vietnamese budget carrier VietJet, industry sources said on Wednesday. If confirmed, the...

Singapore will play host to Asias biggest air show next week for the first time since the end of COVID border restrictions, with regional travel rebounding and the military side of the show bristling...

Safran CEO Olivier Andries said on Friday the engine maker is holding constructive talks with Airbus on its needs for 2025 and expects to reach an agreement over engine quantities soon. ...

A UK judge has ordered Vietnams VietJet to refrain from interfering in the export of jets repossessed by a leasing firm in the latest twist to a dispute that has put one of the fastest-growing...

A UK judge has ordered Vietnam's VietJet to refrain from interfering in the export of jets repossessed by a leasing firm in the latest twist to a dispute that has put one of the fastest-growing aviation markets under the spotlight. FW Aviation (FWA) has taken possession of four Airbus A321 jets with the airline's agreement after claiming that the airline is in default for non-payment of rent since 2021. But the lessor, part of London-based FitzWalter Capital, accused VietJet in an o...

Europes Airbus unveiled a special dividend on Thursday after posting higher 2023 results buoyed by record airplane orders but dampened by a fresh charge of 200 million euros in its troubled space...

PARIS -French jet engine maker Safran posted sharply higher revenues and operating profit for 2023 and predicted further growth this year, lifted by strong demand for engine services.... -February 15, 2024 at 02:27 am EST - MarketScreener

Airbus executives confirmed in a news conference on Thursday that the OneSat family of commercial telecom satellites stood at the centre of major charges in its space systems business. ...

The head of Europe's Airbus has told staff that recent unexpected charges in its Space business are "not acceptable", in a candid assessment of a business facing what he described as an internal crisis, people familiar with the matter said. In November, Airbus took a 300-million-euro ($320 million)charge on unidentified satellite programmes, said by industry sources to include the commercial telecoms OneSat family. CEO Guillaume Faury told staff in a January review of 2023 that ...

In October, Boeing CEO Dave Calhoun was asked how fast Boeing could raise output of its best-selling 737 MAX after a spate of quality snags. As he sought to reassure investors about the recovery of Boeing's cash cow after another quarterly loss, one of the narrow-bodied jets was waiting at Boeing Field in Seattle for final tests and delivery to Alaska Airlines just six days later. How a modern jetliner left Boeing's nearby Renton factory with a loose door panel, setting the clock ti...