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Keywords: Aerospace
Airbus shares climbed sharply on Wednesday after the European aerospace manufacturer announced a €5 billion share buyback programme alongside new medium-term financial targets that signal confidence in its long-term growth strategy. The stock gained nearly 5% following the announcement, reflecting......
Elon Musk’s personal fortune has fallen below the $800 billion mark following another setback involving Starship, the next-generation spacecraft developed by his aerospace company SpaceX. According to the Bloomberg Billionaires Index, Musk’s wealth dropped by approximately $40.7 billion......
The United States is preparing for a new era of aviation as federal regulators work to create a framework that could speed up the arrival of air taxis, supersonic aircraft and other emerging technologies. The Federal Aviation Administration (FAA) said it is adapting its certification and regulatory......
Boeing has urged the United States government to seek further explanations from the European Union over a €3 billion ($3.43 billion) loan package granted to Airbus, reopening a long-running dispute over aircraft subsidies between the two aerospace giants. The American aircraft manufacturer has......
The Canadian government is partnering with Pratt & Whitney Canada to support the growth and competitiveness of the country's aerospace sector, the Industry Ministry announced on Monday. The initiative involves collaboration with the Canadian unit of RTX, one of the world's major aerospace......
Morocco continues to reinforce its reputation as one of the world's emerging aerospace manufacturing hubs, supported by sustained investment, a competitive industrial ecosystem, and growing integration into global aviation supply chains. Over the past two decades, the Kingdom has developed a comprehensive......
Philippine Airlines has reinforced its long-term fleet expansion strategy by confirming an order for 15 Boeing 787-10 Dreamliners, while securing purchase rights for five additional aircraft, a move that could significantly strengthen its long-haul operations over the next decade. The agreement was......
Honeywell Aerospace has strengthened its position in the global commercial aviation market by securing a large-scale avionics and power systems agreement with IndiGo, while also expanding its safety technology footprint through a new deployment with Aeromexico. Announced on Monday, the two agreements......
Boeing is preparing for the possibility of another increase in production of its flagship 737 MAX aircraft, reflecting renewed confidence in its manufacturing recovery as global demand for single-aisle jets continues to strengthen. The announcement comes only months after aviation regulators authorized......