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One of the largest aircraft manufacturing companies in the world, Airbus, in the first half of this year, increased deliveries of aircraft by 28% compared to the same period last year. The figure reached 389 aircraft, indicating that in 2019 the European concern could complete a record number of aircraft delivered, bypassing its American rival Boeing. In the first six months of the year, Boeing shipments fell by 37% year-on-year to 239 aircraft. Sales of 737 MAX aircraft, the deliveries of which have shown zero levels over the past three months due to the prohibition of their use for commercial flights after two air crashes, is played an important role. All efforts of the Boeing management are currently aimed at the resumption of operation of these aircraft.
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
On Thursday, Boeing Co (BA.N) announced that the company is pulling the plug on its hulking 747 jumbo jets, ending a half-century run for the twin-aisle pioneer. According to the aerospace company, the last 747 jumbo jets would roll out from ...
On Tuesday, European aviation company, Airbus (AIR.PA) said that it would delay its $10 billion worth of services business amid the coronavirus pandemic. However, the company would continue its strategic support for airline operations. “It ...
Wall Street shares jumped on Monday and the S&P 500 was on track for its largest quarterly gain since 1998. This was mainly from upbeat investors’ mood for a stimulus-driven economic recovery. Moreover, an increase in Boeing shares ...
The European aviation Airbus (AIR.PA) announced on Monday that its airplane production and deliveries would be 40% lower for the next two years compared to its planned pre-crisis strategy. The CEO's comments underscore the threat to jobs as ...
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