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A Very Good Month For Boeing
Forbes· 2025-05-21 20:35
Sign with logo at entrance to office of aerospace company Boeing. (Photo by Smith ... More Collection/Gado/Getty Images)Getty ImagesThe past several weeks have been a welcome change for Boeing, which has struggled for the past seven years with fatal crashes, a pandemic travel shutdown, quality and safety incidents halting production and a labor strike that pushed the company to the brink.However, after nine months on the job, CEO Kelly Ortberg’s recovery plan is showing strong progress.On April 22, Boeing a ...
AerCap Has More Tailwinds Than Air Lease
Seeking Alpha· 2025-05-21 16:00
Group 1 - The aircraft leasing companies are experiencing a surge in demand for their flight equipment due to tight supply caused by delivery delays and a significant backlog from major OEMs [1] Group 2 - The article does not provide any additional relevant information regarding companies or industries beyond the key point mentioned above [2][3]
XTI Aerospace to Host Shareholder Town Hall on May 29
Prnewswire· 2025-05-21 13:00
ENGLEWOOD, Colo., May 21, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, will host a virtual Shareholder Town Hall on Thursday, May 29, 2025, at 4:15 PM ET. Current and prospective investors as well as other interested parties are encouraged to attend. Event Details What: XTI Aerospace Shareholder Town Hall Webinar When: Thursday, May 29, 2025, at 4:15 PM ET Where: Register for the virtual event here: https://xtiaerospace.com/sharehol ...
Wizz Air receives first Airbus A321XLR aircraft powered by RTX's Pratt & Whitney GTF™ Engines
Prnewswire· 2025-05-20 16:23
Airline will become first operator of the GTF-powered aircraft HAMBURG, Germany, May 20, 2025 /PRNewswire/ -- In a ceremony at Airbus' A320 Final Assembly Line today, Pratt & Whitney, an RTX (NYSE: RTX) business, joined with Airbus and Wizz Air Hungary Ltd. (Wizz Air) to celebrate delivery of the airline's first A321XLR aircraft. The delivery marks a significant milestone as Wizz Air becomes the first operator of the A321XLR powered by GTF engines."The GTF-powered Airbus A321XLR brings new value to the mark ...
XTI Aerospace Reports First Quarter 2025 Results and Provides Business Update
Prnewswire· 2025-05-19 20:15
Balance sheet strengthened through elimination of legacy debt and stock-based obligationsStrong TriFan 600 program execution and FAA certification progress position XTI Aerospace for upcoming pre-sales relaunchENGLEWOOD, Colo., May 19, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace" or the "Company"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the filing of its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 and provided an up ...
Boeing Wins Order to Provide AviLease With up to 30 737-8 Aircraft
ZACKS· 2025-05-15 13:41
Group 1: Boeing's Recent Developments - Boeing secured an order from AviLease for 20 737-8 aircraft, with options for 10 more, which is expected to significantly boost its commercial airplane business segment [1] - The 737-8 model can carry up to 210 passengers and has a range of 3,500 nautical miles, with a 20% reduction in fuel usage and emissions compared to predecessors, contributing to strong demand [2] Group 2: Market Demand and Growth Projections - Rising air passenger traffic and the demand for fuel-efficient aircraft are driving growth in the commercial aviation market, with a forecasted compound annual growth rate of over 6.5% from 2025 to 2030 [3] - Boeing's commercial portfolio includes various aircraft families, with over 10,000 Boeing-built commercial jetliners currently in service, representing nearly half of the global fleet [4] Group 3: Competitive Landscape - Other aerospace companies like Airbus, Embraer, and Textron are also positioned to benefit from the growth in the commercial aviation market, with Airbus having over 12,000 commercial aircraft in service and a long-term earnings growth rate of 4% [5][6] - Embraer, the third-largest manufacturer of commercial aircraft, has a projected sales improvement of 15.7% for 2025, while Textron has a long-term earnings growth rate of 10% [6][7] Group 4: Stock Performance - Boeing's stock has increased by 42.3% over the past six months, outperforming the industry's growth of 8.3% [8]
Horizon Aircraft Achieves Historic Transition to Forward Flight
Globenewswire· 2025-05-15 12:00
Core Viewpoint - Horizon Aircraft has achieved a significant technical milestone by successfully completing the full wing transition of its Cavorite X7 eVTOL aircraft, marking it as the first aircraft in the world to do so using a novel fan-in-wing design [1][2]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company focused on developing one of the world's first hybrid eVTOL aircraft, which aims to operate like a conventional aircraft while providing superior speed, range, and operational utility [4]. - The company intends to complete testing and certification of the Cavorite X7 eVTOL and scale production to meet anticipated demand from regional operators, emergency service providers, and military customers [4]. Technical Achievements - The Cavorite X7 utilizes patented fan-in-wing technology, which simplifies the transition phase of flight, enhancing safety and stability compared to competitors that face challenges in this area [2]. - The aircraft is projected to achieve enroute speeds of up to 250 mph and operational ranges exceeding 500 miles with fuel reserves, positioning it as a potential disruptor in the Regional Air Mobility (RAM) market [2]. Future Plans - Horizon Aircraft is currently constructing a full-scale, piloted technical demonstrator to further validate its innovative approach and technology [2].
StandardAero (SARO) 2025 Conference Transcript
2025-05-14 19:55
StandardAero (SARO) 2025 Conference May 14, 2025 02:55 PM ET Speaker0 Wow. Speaker1 You're in great shape. Speaker2 But we Speaker3 do in sets. I mean, it's like a swim with a bunch of little guys, and it's like a master's team. Like, we're like little kids except we're old. Yeah. It's kinda Speaker0 That's awesome. Speaker3 How we do Speaker0 it. Alright. Good afternoon, everybody. Thanks for joining. My name is Russell Ford. I'm the chairman and CEO of Standard Aero. Standard Aero is the world's largest i ...
Boeing and Qatar Airways Announce Historic Order for up to 210 Widebody Airplanes
Prnewswire· 2025-05-14 19:10
Core Points - Qatar Airways has announced a record-breaking order for up to 210 widebody jets from Boeing, marking the largest widebody order in Boeing's history and Qatar Airways' largest-ever order [1][5] - The order includes 130 787 Dreamliners and 30 777-9s, with options for an additional 50 aircraft [7] - This purchase is expected to support approximately 400,000 jobs in the U.S. and facilitate Qatar Airways' international expansion [1] Company Overview - Qatar Airways is a multiple award-winning airline, recognized as the 'World's Best Airline' for the eighth time in 2024, and has also won awards for 'World's Best Business Class' and 'Best Airline in the Middle East' [6] - The airline operates more than 150 Boeing airplanes, including 777 and 787 models, and will become the largest 787 Dreamliner operator in the Middle East with this new order [5][7] Environmental Commitment - Qatar Airways was the first airline in the Middle East to achieve the highest level of IATA's Environmental Assessment (IEnvA) program, demonstrating its commitment to environmental management [8] - The new aircraft order includes models designed to improve fuel efficiency and reduce emissions by 25% compared to previous aircraft [7] Operational Reach - Qatar Airways currently serves over 170 destinations worldwide, connecting through its Doha hub, Hamad International Airport, which has been recognized as the 'World's Best Airport' multiple times [9]
Boeing wins significant aircraft order from Qatar Airways
Proactiveinvestors NA· 2025-05-14 17:13
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]