GE Aerospace
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GE Sees Potential For More China Deals After Trump-Xi Meeting
GE Aerospace remains optimistic that it can secure more aircraft-engine orders from China after President Donald Trump and his Chinese counterpart Xi Jinping met in Beijing last month and manufacturing partner Boeing Co. came home an initial batch of commitments.
Airlines find the grass isn't always greener with new engines
RIO DE JANEIRO — Airplane engine makers have fallen short of what they promised airlines, major carriers' CEOs say, a problem vexing an industry that has struggled for years with aircraft shortages and more recently, a doubling of fuel prices. It's a paradox: Engine makers dazzled carriers with more fuel-efficient options for new planes from Boeing and Airbus. But production shortfalls and disappointing reliability with those engines are becoming costly problems, CEOs said in interviews at...
As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
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Defence ministry looking at ‘penalties on HAL’ for delays in delivery of Tejas jets
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High fuel costs to trigger airline failures and consolidation, industry chief says
High fuel costs to trigger airline failures and consolidation, industry chief says Airlines are also expected to protect margins by cutting unprofitable routes, while fares, which have surged since the outbreak of the Iran war, are unlikely to come down soon, Walsh said. Soaring jet fuel prices driven by conflict in the Middle East are likely to push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body said on Saturday (Jun...
5 takeaways from airline CEOs' biggest annual gathering
RIO DE JANEIRO — Hundreds of airline leaders gathered in Brazil this week at the International Air Transport Association's annual assembly to discuss high fuel costs, sharply lower profits, engine reliability issues and elusive emission reduction goals, among other things. Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April. For airline executives who have faced ongoing turmoil since...
Here are the 4 big things we're watching in the stock market in the week ahead
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