Boeing strike ends
Boeing machinists have accepted the US manufacturer's 38% wage increase offer after voting on November 4, 2024; finally ending the strike saga that began on September 13, 2024. The striking workers we...
Boeing machinists have accepted the US manufacturer's 38% wage increase offer after voting on November 4, 2024; finally ending the strike saga that began on September 13, 2024. The striking workers we...
Ryanair's profit dropped 18% to €1.79bn in the first half of the fiscal year, as well as dropping 6% to €1.4bn for the quarter ending September 30, 2024. This comes despite traffic in the first half a...
MTU Aero Engines has announced today that chief executive Lars Wagner has decided not to extend his contract, which is set to conclude on December 31, 2025. MTU said that Wagner is set to take on a ne...
Spanish flag carrier Iberia has taken delivery of its first A321XLR, becoming the launch operator of the world’s newest single-aisle aircraft.The aircraft, powered by CFM LEAP-1A engines, will be oper...
“Boeing strikes could set them back a further five years” says Steven Udvar-Házy as he discusses OEM delaysAir Lease Corporation executive chairman, Steven Udvar-Házy believes that ongoing setbacks a...
Boeing has launched two concurrent offerings today, which include the sale of 90 million shares of common stock at par value of $5.00 per share; and $5bn depositary shares, each representing a 1/20th ...
Abra Group, the majority investor of Gol Linhas Aéreas Inteligentes (GOL) and Avianca Group International, has closed $1.25 billion of comprehensive refinancing transactions, including a new credit fa...
Blighted by industrial action, safety and supply chain issues, Boeing has reported a net loss of $6.17bn in its third quarter 2024 results published on October 23, 2024. This is a marked decline from ...
As the machinist strike at Boeing pushes beyond a month, the US-based OEM has made its third offer: a 35% general wage increase over the four-year contract. The striking workers’ representative IAM Un...
Azorra has closed an offering of $550 million of senior unsecured notes and entered into a $464 million Term Loan B facility.The lessor issued $550 million 7.750% senior unsecured notes due 2030. The ...
Alternative asset manager Wafra has acquired Aquilia Air Capital from Warburg Pincus. As part of the acquisition, Wafra will acquire a controlling interest in Aquila and provide substantial capital to...
Boeing announced further strategic actions after the market closed on 11 October in a bid to remain competitive in the face of the ongoing strike by machinist workers in Portland and Seattle. The US ...
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