Boeing-Embraer joint venture
In a new Boeing-Embraer joint venture, Boeing is buying control of Embraer's commercial jet unit. According to the deal, Embraer's commercial jet unit, i.e.,...
Boeing unveils rendering of hypersonic jet
Boeing unveiled a rendering of a hypersonic jet - capable of flying as fast as Mach 5, just under 3,900 miles per hour.
The company...
Airbus warns a no-deal Brexit could risk its position in the UK
Airbus warned that a UK departure from the EU without a deal could affect the planemaker’s position in the UK, putting thousands of British...
Airlines face rising fuel and labour costs in 2018
Major airlines will see their profits affected by rising fuel and labour costs, said the International Air Transport Association (IATA).
IATA is a trade association...
Ryanair reported a 10% rise in full year profit after tax
Ryanair reported a 10% rise in full year profit after tax to €1.45 billion despite the cancellation of thousands of flights last autumn.
Average fares...
IAG interested in making a bid for Norwegian Air Shuttle
IAG, owner of British Airways, is reportedly interested in making a bid to acquire Norwegian Air Shuttle.
The acquisition would give IAG increased market share...
Reaction Engines secures $37.3m from Boeing, Rolls Royce and BAE Systems
UK aerospace manufacturer Reaction Engines Limited secured backing from Boeing, Rolls Royce and BAE Systems in its latest $37.3 million (£26.5m) Series B investment...
Atlanta International Airport was the world’s busiest airport in 2017
The world’s busiest airport in 2017 was Hartsfield-Jackson Atlanta International Airport, according to preliminary passenger numbers for the year released by the Airports Council...
Airbus may stockpile parts ahead of Brexit to keep production at UK plants operating...
Airbus said that it may need to stockpile parts to keep production at its UK plants operating smoothly and avoid border delays when Britain...
IAG to acquire Austrian airline Niki for €20 million
IAG, owner of British Airways, announced that it plans on acquiring the insolvent Austrian airline Niki for €20m ($24m) and provide the company with...