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Air Senegal Commits to First Boeing 737 MAX Order
Prnewswire· 2025-11-17 13:02
Accessibility StatementSkip Navigation DUBAI, UAE, Nov. 17, 2025 /PRNewswire/ -- Boeing [NYSE: BA] and Air Senegal announced today the West African carrier has committed to order nine 737 MAX airplanes. When final, the 737 MAX order will be the airline's largest-ever fleet purchase – and first Boeing airplane order since 2004 – as it looks to expand service regionally and internationally. Continue Reading Air Senegal's largest commitment to purchase nine 737-8 jets. Credit: Boeing. With the introduction of ...
LATAM AIRLINES GROUP S.A.(LTM) - 2025 Q3 - Earnings Call Presentation
2025-11-17 13:00
Operational Performance - LATAM transported over 229 million passengers, supported by a 93% capacity growth (ASK) year-over-year[8] - Consolidated load factor reached 854%, a 05 percentage point increase compared to the third quarter of 2024[8] - Passenger unit revenue increased by 84% while maintaining broadly stable unit costs[8] Financial Highlights - Adjusted EBITDAR totaled US$1150 million, with an adjusted operating margin of 181%[8] - Net income reached US$379 million[8] - LATAM executed a share repurchase program for US$433 million[8] Strategic Initiatives - LATAM announced the acquisition of up to 74 Embraer aircraft to enhance connectivity in South America, including 24 firm orders and 50 purchase options[8, 9] - The Embraer E195-E2 offers a 30% lower fuel consumption per seat compared to previous-generation models[10] - LATAM will introduce Premium Comfort class in 2027 to enhance the long-haul experience[20] Guidance Update - LATAM updated its 2025 guidance, projecting an adjusted EBITDAR range between US$400 billion and US$410 billion and an adjusted operating margin between 160% and 165%[36]
flydubai inks deal with GE Aerospace for GEnx-1B engines and services to power its first widebody fleet
Prnewswire· 2025-11-17 12:00
Core Insights - GE Aerospace and flydubai have signed an agreement for 60 GEnx-1B engines to power flydubai's first widebody fleet of 30 Boeing 787-9 aircraft, which includes spare engines and a long-term services agreement [1][2][3] Company Growth Strategy - The agreement supports flydubai's growth strategy and network expansion, allowing the airline to increase capacity on existing routes and meet the demand from a growing passenger base [3][4] - Established in 2008, flydubai currently serves over 135 destinations across 57 countries and is adding long-haul destinations to its network [3][7] Engine Selection and Performance - The selection of GEnx-1B engines reflects flydubai's confidence in GE Aerospace's technology, which is known for its performance, durability, and fuel efficiency [4][5] - Since its introduction in 2011, the GEnx engine family has accumulated over 70 million flight hours and is GE Aerospace's fastest-selling high-thrust engine, with more than 3,900 engines in service [5] Partnership and Investment - GE Aerospace has been a partner to the UAE for over 40 years, with a significant presence in the region, including more than 240 employees and various facilities [6] - GE Aerospace announced a $50 million investment in a new On Wing Support facility to support the future of flight in the UAE [6] Flydubai's Operational Milestones - Flydubai operates a single fleet of 96 Boeing 737 aircraft and has carried over 120 million passengers since its inception in 2009 [9] - The airline has opened more than 100 new routes that previously lacked direct air links to Dubai, enhancing connectivity and trade [8]
Ethiopian Airlines Commits to Order 11 Boeing 737 MAX Airplanes
Prnewswire· 2025-11-17 11:00
Core Points - Ethiopian Airlines has committed to purchase 11 additional Boeing 737 MAX jets to enhance its regional and international networks and expand its Addis Ababa hub [1][3] - The agreement was signed during the Dubai Airshow, highlighting the ongoing partnership between Ethiopian Airlines and Boeing [1][4] - Ethiopian Airlines operates the largest Boeing fleet in Africa and has the largest backlog of 737 MAX, 777X, and 787 Dreamliner airplanes on the continent [4][7] Company Strategy - The order for additional 737-8 airplanes aligns with Ethiopian Airlines' growth plans as part of its vision and strategy [3] - The airline emphasizes the reliability, efficiency, and range of the 737 MAX fleet to meet passenger demand across various regions [3] Industry Impact - The agreement strengthens Boeing's nearly 80-year partnership with Ethiopian Airlines and underscores the airline's leadership in the African aviation market [4] - Boeing continues to play a pivotal role in Ethiopian Airlines' growth, facilitating connections within Africa and globally [4]
Emirates Signs Deal for 130 Additional GE Aerospace Engines to Power its Growing Boeing 777-9 fleet
Prnewswire· 2025-11-17 10:47
Core Insights - Emirates Airlines has signed an agreement with GE Aerospace for 130 GE9X engines to power 65 additional Boeing 777-9 aircraft, increasing its total GE9X orders to over 540 engines, including spare engines and a long-term services agreement [1][6] - This agreement reinforces the 40-year partnership between Emirates and GE Aerospace, highlighting Emirates' status as the world's largest Boeing 777 operator and its commitment to the Boeing 777-9 program valued at approximately US$ 38 billion [2][3] Company Developments - The GE9X engine is recognized as the world's most powerful and fuel-efficient commercial aircraft engine, offering 10% better specific fuel consumption compared to its predecessor, the GE90-115B, and is designed to operate on approved Sustainable Aviation Fuel (SAF) blends [3][4] - GE Aerospace has a significant operational presence in the UAE, with over 240 employees and various facilities, including an On Wing Support Center and a new $50 million investment in support infrastructure [4] Market Position - With this latest order, Emirates becomes the largest customer for GE9X engines globally, reflecting the airline's confidence in GE Aerospace's technology and services [6] - The partnership between Emirates and GE Aerospace is positioned to advance the future of flight, emphasizing the importance of innovation and efficiency in the aerospace sector [3][4]
Stock Market Today: S&P 500, Dow Futures Rise As Investors Brace For Employment Data, Nvidia Earnings This Week—Alphabet, Boeing, Palantir In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-11-17 10:40
Market Overview - U.S. stock futures advanced on Monday following a mixed close on Friday, with major benchmark indices showing positive movement [1] - Investors are anticipating the September jobs report, which is crucial for assessing the labor market and potential Federal Reserve rate cuts [1] - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.60%, indicating market expectations for interest rate changes [2] Company Insights - Nvidia Corp. is set to release its earnings results on Wednesday, which is highly anticipated by investors [2] - Dell Technologies Inc. experienced a decline of 4.04% after being downgraded by Morgan Stanley from 'Overweight' to 'Underweight', with a price target cut from $144.00 to $110.00 [6] - Boeing Co. saw a slight increase of 0.30% following Emirates' third order for 777X airplanes, indicating ongoing demand for air travel [6] - Palantir Technologies Inc. rose by 0.73% due to a partnership with Multiverse to enhance NHS staff training, focusing on AI and data skills [12] Sector Performance - The S&P 500 sectors were mostly negative on Friday, with materials, financials, and communication services facing the largest losses [7] - The overall performance of major indices showed slight variations, with the Nasdaq Composite up by 0.13% and the S&P 500 down by 0.05% [8] Analyst Insights - Ryan Detrick provided an optimistic market outlook, emphasizing strong fundamentals and a projected 13.1% year-over-year growth in S&P 500 earnings for Q3 [9] - Companies generating over 50% of their revenue outside the U.S. are expected to see even higher growth at 13.5% [9] - Detrick noted that historical trends show positive stock performance following government shutdowns, with the S&P 500 rising 19 out of 22 times one year after such events [10]
Emirates orders 65 more 777X as Boeing studies larger jet
Reuters· 2025-11-17 08:42
Core Viewpoint - Emirates has placed an order for an additional 65 Boeing 777-9 jets, reinforcing its status as the largest buyer of wide-body jets globally [1] Group 1: Company Developments - The order for 65 Boeing 777-9 jets signifies Emirates' commitment to expanding its fleet and enhancing its operational capabilities [1] - This move comes as part of a broader strategy to modernize and increase the efficiency of its aircraft lineup [1] Group 2: Industry Implications - The order solidifies Boeing's position in the wide-body jet market, particularly in the face of competition from Airbus [1] - Emirates' continued investment in Boeing jets reflects a strong demand for long-haul travel and the airline's confidence in the recovery of the aviation industry post-pandemic [1]
X @Nick Szabo
Nick Szabo· 2025-11-17 03:40
RT Bruce (@bruce_barrett)Air India says 30% of passengers on India-US flights ask for wheelchairs.Most are able bodied travelers scamming the priority boarding system.Real disabled passengers get left short.https://t.co/OtdMXITcHg ...
X @CNN
CNN· 2025-11-17 01:27
Federal officials say flight reductions at 40 US airports ordered by the FAA earlier this month will come to an end tomorrow morninghttps://t.co/MdsTQzTVMe ...
X @CNN Breaking News
CNN Breaking News· 2025-11-17 01:27
Federal officials say flight reductions at 40 US airports ordered by the FAA earlier this month will come to an end tomorrow morninghttps://t.co/z54ZxMNRIW ...