Honeywell (HON.N) on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company to raise its 2018 earnings forecast for the third time.
Airbus (AIR.PA) is making a fresh attempt to sell supplier PFW Aerospace, which it acquired in 2011 to avoid an insolvency of the maker of precision tubes and components, sources close to the matter said.
U.S. investment bank Citigroup raised its stock market rating on Airbus (AIR.PA) to “buy” from “neutral”, citing positive impacts from pricing and more favourable foreign exchange movements.
A dispute between the chief of Italy’s state pensions agency INPS and the government came to a head when the civil servant accused one ruling party leader of threatening him, and another of losing touch with reality.
Boeing (BA.N) claimed victory on Thursday after outselling rival Airbus (AIR.PA) at this week’s Farnborough Airshow, where the world’s largest planemakers repeated last year’s comparable tally of around 900 firm and draft orders with the help of leasing industry demand.
World Trade Organization (WTO) arbitrators will evaluate a U.S. request to impose billions of dollars worth of sanctions on European products after a final WTO ruling that found the European Union had made illegal subsidies to Airbus (AIR.PA).
Hawaiian Airlines [HAII.UL] said it would buy 10 787-9 widebodies from Boeing Co (BA.N) with purchase rights for up to 10 more 787 aircraft, striking a blow to rival Airbus amid dwindling widebody sales.
White House said it had signed a $3.9 billion contract with aircraft manufacturer Boeing to purchase two Air Force Ones.
British inflation failed to rise as expected last month, potentially giving Bank of England policymakers pause for thought ahead of a widely expected interest rate hike next month.
British inflation unexpectedly held steady last month, denting market confidence about a Bank of England interest rate hike next month and sending sterling to a 10-month low against the dollar.