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Aerospace & Defense: Page 31
Saudi Loosens Airport Regulation in $100 Billion Investment Push
Saudi Arabia recently introduced a new airline, called Riyadh Air, which aims to provide a level of service and connectivity that equals regional champions Emirates and Qatar Airways.
Boeing Posts $1.6B Loss on Fewer Deliveries, Higher Air Force One Jet Costs
The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.
Siemens Integrating BlueBox Systems Data into AX4 Platform
This collaboration will provide over 500,000 AX4 users with access to data from over 130 airlines, giving BlueBox and AX4 members access to real-time figures and information.
Rolls-Royce Eliminating 2,500 Jobs Globally to Cut Costs
Though Rolls-Royce did not specify what parts of the world would be impacted by these job cuts, reports suggest that hundreds of U.K.-based workers will be affected by these reductions.
United Airlines Pilots Approve Contract with Potential 40% Pay Bump
The Air Line Pilots Association (ALPA), the union representing United Airlines aviators, said the deal is worth about $10 billion.
Boeing Wants to Produce At Least 57 737s Monthly by 2025
Boeing laid out the plan, which was re-affirmed by the company in mid-September, in an updated version of its master schedule for suppliers.
Airbus to Equip Ro-Ro Vessel with Wind-Power Technology
Fitting the eSAILs on the Ville de Bordeaux supports Airbus’ commitment to halve CO2 emissions from its maritime operations by 2030, compared to a 2015 baseline.
EU Threatens Sales Ban of Western Parts Used in Russian Drones
U.S. Manufacturing Rates Grew Slightly in August
Even though U.S. manufacturing outputs grew by 0.1% last month, production levels in August fell by 0.6% year-over-year.
JetBlue Says Delayed Planes, Engine Woes Constraining Growth
The airline has said it will get just 19 new Airbus SE aircraft in 2023, instead of the 30 it originally expected.
U.S. Imposing Sanctions on Five Turkish Companies Over Ties to Russia
The designations include accusations of trade and shipping companies helping to repair sanctioned vessels tied to Russia as well as the transfer of “dual-use goods.”
Vietnam Air, Boeing Reach $10B Deal for 737 Max Jets
The deal marks a breakthrough for Boeing as Vietnam Airlines currently operates an all-Airbus SE single-aisle fleet.
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