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XTI Aerospace Announces Key Q2 2025 Product and Engineering Milestones
Prnewswire· 2025-04-23 13:00
TriFan 600 development continues to gain momentum as XTI Engineering Team meets all key Q1 objectives and announces Q2 2025 milestones ENGLEWOOD, Colo., April 23, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today released its key product and engineering milestones for Q2 2025. The milestones will set the stage for the reopening of pre-sales for the TriFan 600 later this year. XTI remains on track in its development efforts which se ...
Boeing reports results before the bell. Here's what to expect
CNBC· 2025-04-23 11:00
Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems.Boeing CEO Kelly Ortberg, who was hired last year and tasked with getting the manufacturer past a series of safety and manufacturing crises, will likely outline progress, including production rates of its best-selling 737 Max, but investors will be focused on his outlook for the year.Executives will get questions on Wednesday's call about ...
Dassault Aviation: Terms of provision of the background documents for the GM
Globenewswire· 2025-04-22 16:51
Company Overview - Dassault Aviation has delivered over 10,000 military and civil aircraft, including 2,700 Falcons, in more than 90 countries over the last century, establishing a recognized expertise in aircraft design, production, sale, and support [6] - In 2024, Dassault Aviation reported revenues of €6.2 billion and employs nearly 14,600 individuals [6] General Meeting Details - The Combined General Meeting is scheduled for Friday, 16 May 2025, at 3 PM at the registered office located at 9, Rond-Point des Champs-Élysées - Marcel Dassault - Paris (75008) [1] - The meeting notice, including the agenda and resolutions from the Board of Directors, was published on 9 April 2025 in the French official legal announcement publication [2] - Shareholders can obtain documents related to the General Meeting from Société Générale Securities Services upon request, starting from 28 April 2025 [3] - Shareholders holding bearer shares must provide a certificate from their authorized intermediary to obtain the necessary documents [4] - The 2024 Annual Report is available for shareholders and can be consulted at the registered office within the statutory deadline [5]
China begins returning Boeing aircraft to US
Fox Business· 2025-04-20 17:21
Core Viewpoint - Chinese airlines have started returning Boeing aircraft to the U.S. in response to the U.S. imposing 145% tariffs on Chinese goods, which has led to a halt in further deliveries of Boeing jets to China [1][4]. Group 1: Impact on Deliveries - A Boeing 737 Max recently returned to Seattle, marking the beginning of aircraft returns from China [1]. - Three 737 Max 8 jets that were prepared for delivery to Chinese airlines were recalled to the U.S. last week [2]. - A Boeing jet intended for Xiamen Airlines was seen landing back at Boeing's production hub, indicating a disruption in the delivery process [3]. Group 2: Domestic Business Effects - The halt in Boeing deliveries has affected domestic business, with a Chinese aircraft lessor facing challenges as another airline backed away from its commitment to take delivery [9]. - Analysts suggest that airline CEOs may prefer to defer plane deliveries rather than incur duties, which could negatively impact Chinese airline operations [9]. Group 3: Boeing's Market Position - Boeing, a significant U.S. exporter, is facing challenges in the Chinese market, where it aimed to compete with Airbus [11]. - Year-to-date deliveries show that Boeing has delivered 18 aircraft to nine airlines in China, with major airlines planning to take delivery of a total of 179 Boeing planes between 2025-2027 [11]. - The current situation follows a nearly five-year import freeze on 737 MAX jets in China due to safety concerns stemming from two fatal crashes [12].
Is This Opportunity a Game Changer for Archer Aviation?
The Motley Fool· 2025-04-20 09:35
Core Insights - Archer Aviation is developing a vertical-lift short-haul aircraft aimed at creating an air taxi business, with ongoing production and testing in collaboration with the FAA [1][4] - The company is currently operating at a loss typical for start-ups, which may deter conservative investors [2] - The aircraft represents a novel approach to air travel, combining features of helicopters and small prop planes for short-distance travel in urban areas [3] Business Development - Archer Aviation is working towards launching its first commercial service in the Middle East, specifically in Abu Dhabi, with plans to establish an air taxi facility by 2025 [4] - The company has signed an agreement with Anduril Industries to assist in developing a vertical-lift vehicle for the U.S. Department of Defense, indicating a potential expansion into the defense sector [6][10] - A new division, Archer Defense, has been created to focus on defense-related projects, which could lead to various applications, including advanced drone technology [7] Market Potential - The management of Archer Aviation believes that the demand for its aircraft may exceed initial expectations, although the actual market size remains uncertain [8] - The partnership with Anduril Industries has enabled Archer Aviation to raise $430 million for its defense initiatives and general corporate purposes, extending its financial runway [11]
Boeing Investors: Here's What the Latest Big News From Delta Air Lines Means for You
The Motley Fool· 2025-04-19 18:32
Core Insights - Delta Air Lines' recent earnings call highlighted the impact of tariffs on the aerospace sector, particularly concerning Boeing and Airbus [1][2][3] Group 1: Delta's Earnings and Implications - Delta's management indicated a tariff-induced slowdown, which was anticipated by investors [2] - CEO Ed Bastian stated that Delta would not absorb tariffs on aircraft deliveries, emphasizing the difficulty of managing costs with a 20% tariff increase [3] - The implication is that Airbus may need to share tariff costs, or risk order delays or cancellations [4] Group 2: Broader Industry Impact - The approach taken by Delta could influence non-U.S. airlines to respond similarly to tariffs imposed on U.S. products [5] - Both Airbus and Boeing face increased costs due to tariffs, affecting their competitiveness [5][8] - Delta's management noted that tariffs are weakening end demand, leading to reduced capacity expansion plans [6] Group 3: Market Conditions and Future Outlook - Weakening demand could pressure airline ticket pricing, impacting airlines' ability and willingness to place aircraft orders [7] - Ongoing trade conflicts may lead to rising costs for Boeing while demand weakens, complicating its competitive position against Airbus [8] - Delta's revenue growth was 3.3%, below previous estimates, and management declined to update full-year guidance due to market uncertainty [10]
Boeing Stock Glides Lower on China Delivery Halt
Schaeffers Investment Research· 2025-04-15 14:46
Aircraft manufacturer Boeing Co (NYSE:BA) is pumping the breaks on its recent rally. The security was last seen down 1.8% at $156.50, after Bloomberg reported that China ordered carriers to suspend jet deliveries amid the trade war with the U.S. The country's top three airliners, Air China, China Eastern Airlines, and China Southern Airlines, had planned to take delivery of a combined total of 179 Boeing planes in the next two years. It's worth noting that Morgan Stanley stated there was minimal downside ri ...
Boeing Q1 Commercial & Defense Deliveries Rise Y/Y, Lag Airbus
ZACKS· 2025-04-10 15:11
Core Insights - Boeing reported significant year-over-year growth in both commercial and defense deliveries for Q1 2025, with increases of 56.6% and 85.7% respectively, totaling 156 units compared to 97 in the previous year [1] Commercial Deliveries - Boeing's commercial deliveries reached 130 airplanes in Q1 2025, up from 83 in the same period last year, driven primarily by higher 737 deliveries [2] - 737 shipments totaled 105, an increase from 67 in the prior year, while deliveries of 787 models remained stable at 13 [2] - Additionally, Boeing delivered five 767 jets, up from three in the previous year, and seven 777 jets, compared to none in the prior-year quarter [2][3] Defense Deliveries - Boeing's defense deliveries increased to 26 airplanes in Q1 2025, up from 14 in the same quarter of 2024 [4] - The company delivered 11 remanufactured AH-64 Apache helicopters, an increase from six, and four new AH-64 Apache helicopters [4] - Shipments of F/A-18 models rose to five from one, while no KC-46 tankers were delivered compared to three in the prior-year quarter [4] Competitive Landscape - In a comparison with Airbus, Boeing's commercial aircraft deliveries lagged, with Airbus delivering 136 aircraft in Q1 2025 compared to Boeing's 130 [5] - Brazilian manufacturer Embraer delivered 30 commercial aircraft in Q1 2025, reflecting a 20% year-over-year growth [6] - Textron delivered 151 jets in 2024, a decrease from 168 in 2023, but reported a long-term earnings growth rate of 10% [7] Stock Performance - Boeing shares have increased by 4.4% over the past month, contrasting with a 0.2% decline in the industry [10]
Boeing Charting A Quiet Comeback? Aircraft Maker Bags Five Major Contracts In Last 10 Days: Here's What Its Chart Shows
Benzinga· 2025-04-01 10:32
Boeing Co. BA expanded its order pipeline after bagging five major deals over the last 10 days. While its short and medium-term price trend remains strong, here's more on the company's technical analysis. What Happened: Here are the five orders bagged by Boeing from March 21 to March 30. Korean Air: Malaysia Aviation Group: Finalized an order for up to 50 widebody aircraft, including 20 each of 777-9 jets, and 787-10 jets, and options for 10 more 787 Dreamliners. This is Korean Air's largest Boeing order, s ...
XTI Aerospace Announces Closing of Public Offering
Prnewswire· 2025-03-31 20:17
About XTI Aerospace, Inc. ENGLEWOOD, Colo., March 31, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA), ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced the closing of its underwritten public offering of 2,941,200 shares of common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and warrants to purchase up to 2,941,200 shares of common stock at a combined public offering price of $1.36 per share (inclusive of the Pre-Funded Warrant ...