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Aerospace & Defense: Page 12

American Air’s New Airbus Jet Grounded by Supply Chain Issue

The company, which ordered 50 of the longer-range aircraft in 2019, plans to initially use this first plane on U.S. transcontinental routes later this year.

An Airbus A321XLR plane. Photo: Axel Heimken/AFP/Getty Images via Bloomberg.

Boeing Braces for Defense Hub Strike as Workers Reject Offer

While the present contract expires at 11:59 p.m. Central Time on Sunday, there’s a seven-day “cooling off” period before IAM Local 837 workers can walk off the job.

An employee works on the aft fuselage of a Boeing Co. F-15 Strike Eagle fighter aircraft at the Boeing Defense, Space & Security facility in St. Louis, Missouri. Photographer: Alex Flynn/Bloomberg

Trump, EU’s Von Der Leyen Cite Conflicting Details on Trade Deal

It’s far from clear that the EU and U.S. will be able to iron out all their differences on the many contentious issues yet to deal with.

Photo: iStock / Dmytro Varavin

Southwest Falls on $1B Profit Cut From Tariff Fallout

Southwest is one of a few companies so far to put a price on the fallout from President Donald Trump’s efforts to reset global trade, inflation and economic uncertainty.

Photo: iStock.com/OntheRunPhoto

U.K. and India Seal Free Trade Agreement Slashing Tariffs, Barriers

The pact comes after three years of intense negotiations touching on thorny topics such as visas, tariff reductions and tax breaks.

Keir Starmer greets Narendra Modi at Chequers near Aylesbury, July 24. Photographer: Chris J. Ratcliffe/Bloomberg

Pricing Power: The Most Effective Weapon During Trade Wars

With global trade frictions and rapid policy shifts set to continue, companies can no longer afford to treat tariffs as a short-term challenge

Photo: iStock.com/solarseven

Iveco Is Said to Draw Takeover Interest From India’s Tata Motors

A sale of Iveco would not include the company’s defense business, which is going through a sale process of its own.

Trucks on the Iveco Group NV booth at the IAA Transportation fair in Hannover, Germany. Photographer: Krisztian Bocsi/Bloomberg

U.S. and Indonesia Reach Trade Agreement

Indonesia ranks as one of America's top 25 trade partners, sending about $28 billion to the U.S. in 2024, including clothing, footwear and palm oil.

Photo: iStock/richcarey

Boeing Hits Highest Monthly Delivery Total Since Door Plug Incident

Monthly production for Boeing's 737 Max line remained capped by the Federal Aviation Administration at 38 jets a month.

Photo: iStock /sanfel

Trump’s Tariffs Come with an $82B Bill, Says JPMorganChase

The analysis is among the first to measure the direct costs created by the import taxes on employers with $10 million to $1 billion in annual revenue.

Image: iStock/Douglas Rissing

NTSB Slams FAA for 'Inadequate Oversight' of Boeing

In its final report, the NTSB criticized the FAA for its "inadequate oversight" of Boeing and supplier Spirit Aerosystems leading up to the January 2024 blowout.

NTSB Chairwoman Jennifer Homendy at a June 24 hearing, revealing the agency's final assessment of a January 2024 blowout aboard a Boeing 737 Max. Photo: CSPAN

Report: Newark Air Traffic Controllers Warned of 'Unreliable' Systems in 2023

Workers in the airport's air traffic country facility in Philadelphia encountered more than 300 unscheduled equipment outages or malfunctions between January 1 and June 1 of this year.

Newark Liberty Airport in New Jersey. Photo: iStock/johnemac72

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