Boeing narrows loss as aircraft deliveries rise, says it expects new 737 Max certifications this year

Boeing reported a smaller-than-expected loss for the first quarter, with improvements across its businesses, including its key commercial aircraft unit, as the manufacturer tries to stem years of losses. Here’s how Boeing performed in the first quarter, compared with analysts’ estimates compiled by LSEG: Loss per share: 20 cents adjusted vs. a loss of 83 cents expectedRevenue: $22.22…

Read More

British Airways owner IAG signs a deal with SpaceX's Starlink for Wi-Fi across all five carriers in the airline group, making it available in 500+ aircraft (Kate Duffy/Bloomberg)

Featured Podcasts Great Chat: Tech is getting more political—should you? A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer. Subscribe to Great Chat. Big Technology Podcast: OpenAI’s IPO Plan, Deconstructing The AI Bet, Apple’s iPhone17 Revival The Big Technology Podcast takes you behind…

Read More

Kyrgyzstan’s airports gearing up to bring in new aircraft

Shorouk Express BISHKEK, Kyrgyzstan, August 18. Airports of Kyrgyzstan, together with the Russian-Kyrgyz Development Fund, the Eurasian Development Bank, and Eldik Bank, signed an agreement for a project to purchase two passenger aircraft, Trend reports, citing the Airports of Kyrgyzstan. The proposed procurement encompasses Airbus A320/A321 or Boeing 737NG aircraft platforms. The engaged stakeholders will…

Read More

EU to hit US aircraft, cars and food in latest retaliatory strike 

Shorouk Express Then comes machinery, followed by cars and car parts; chemicals and plastics; medical devices and equipment; electrical equipment; and industrial goods — all of which fall into multibillion-euro categories. The total figure is down from an earlier proposal to impose retaliatory tariffs on €95 billion of U.S. goods. The European Commission presented the new…

Read More