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In Brief: Aviation Week Parent Buys DSEI Operator Clarion
55+ min ago (78+ words) Aviation Week In Brief: Aviation Week Parent Buys DSEI Operator Clarion is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Not a member? Learn how you can…...
Ethiopian Airlines Orders 10 Boeing Freighters To Expand Global Cargo Operations
1+ hour, 15+ min ago (321+ words) Ethiopian Airlines has signed an agreement with Boeing to acquire 10 additional freighter aircraft as the African aviation giant moves to expand its cargo capacity and strengthen its global logistics network. The agreement covers eight Boeing 777-8 Freighters and two Boeing 777 Freighters,…...
Boeing (BA) Has Negative EBITDA and Positive Net Income. Which One Is Real?
3+ hour, 20+ min ago (859+ words) Negative EBITDA of $2.90bn against $2.09bn of net income means the aircraft business earned nothing and the profit came from below the operating line, and $3.86bn of capital spending turns positive operating cash flow into a $220m cash burn. The Boeing Company (NYSE:BA)…...
BAE Systems to deliver electronic warfare systems for F-35 stealth fighters
12+ hour, 51+ min ago (305+ words) State-of-the-art EW technology makes the F-35 difficult to detect and highly effective in contested environments "We've been a trusted contributor since the origin of the Joint Strike Fighter program, and we've continuously evolved our EW hardware and software to maintain our…...
Rosebank Engineering joins Black Hawk sustainment network
4+ hour, 41+ min ago (252+ words) Under the new standing agreement, Rosebank Engineering will provide system maintenance, repair and overhaul (MRO) support for Black Hawk flight control, mechanical, environmental and landing gear systems. Its services will span inspection, repair, overhaul, testing, manufacturing and engineering support. Future…...
Citi upgrades JetBlue to Neutral as valuation risk eases
14+ hour, 33+ min ago (150+ words) Shares of JetBlue Airways JBLU rose 3.5% in the premarket trading on Tuesday after Citi upgraded the airline to Neutral from Sell, saying the sharp decline in the stock had improved its risk-reward profile. The brokerage kept its price target on…...
Avolta captures 20-year duty-free contract at Seattle-Tacoma Airport
5+ hour, 29+ min ago (506+ words) USA. Avolta, through its Hudson brand and in partnership with local small businesses, has been awarded a 20-year duty-free contract at Seattle-Tacoma International Airport. The agreement covers more than 2,800sq m of new travel retail space across three concourses. The contract…...
Northrop Grumman's YFQ-48A Talon Blue Flies 25 Months After Development Start, Seeking CCA Comeback After Losing to Anduril, Boeing
9+ hour, 45+ min ago (276+ words) YFQ-48A Talon Blue UAV by American Northrop Grumman completed its first fully autonomous flight. This is company's repeated attempt to enter loyal wingman program: unmanned fighters that will operate jointly with manned platforms. According to company announcement, new drone performed…...
Booming aerospace industry in Oklahoma-new report - Oklahoma Energy Today
7+ hour, 20+ min ago (155+ words) Looking for more news? Visit our sister site, OK Politics Today, and subscribe here today! Oklahoma’s aerospace industry is growing, and state legislative leaders are praising the industry for being a “tremendous economic engine” in Oklahoma. Senate Pro Tem Lonnie…...
AB Jets passes biennial ARGUS audit and expands fleet
10+ hour, 5+ min ago (290+ words) Two additional Challenger 3500s will join AB Jets following delivery of its first three super-midsize private jets. Posted in: News by Giancarlo Diago Cevallos, 3 hours ago AB Jets passed a biennial review, a company-wide audit conducted by ARGUS, required to maintain…...