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United Continental announced Tuesday morning a plan to boost the airline's profitability by $3.1 billion by 2018.
Saying that it had signed an order with Iran Air "under authorizations from the U.S. government," Boeing confirmed that the Iranian airline intends to buy planes from the U.S. maker.
While passenger airlines were booking strong profits in 2015 due primarily to low fuel costs, cargo carriers had a tougher time.
In its weekly report on orders and deliveries, Boeing said that it has received six new orders for its 767 from an unidentified customer.
Back in January, Airbus announced an agreement with Iran's flag carrier, Iran Air, for 118 new aircraft. A similar deal between Iran Air and Boeing is expected to be announced shortly.
SAIC reported better-than-expected first-quarter 2017 results before markets opened Monday morning, due in part to its Scitor acquisition.
The largest defense importer this year was Saudi Arabia. The second was India, which raises the question of why it needs to so many weapons.
At a conference on Wednesday, Boeing said it has come up with a fix to the refueling problem that has caused a delay in the delivery of the new KC-46A tanker for the U.S. Air Force.
The first quarter was truly awful for Airbus, but the European airframe maker said Tuesday morning that it delivered 57 planes in May.
Reuters reported Monday that some industry sources expect Boeing to strike a deal with Iran Air "fairly soon" for 100 new Boeing jets.
Qatar Airways, once the launch customer for the new A320neo from Airbus, has now cancelled its first delivery of the plane.
Lockheed Martin and its partner, Korea Aerospace Industries, have successfully completed the first test flight of a modified KAI T-50 training jet.
With fuel prices at current lows, there is less incentive for the airlines to take delivery of new, more fuel-efficient models. Lease extensions remain very strong, and that is not expected to change...
At its annual media briefing Monday in Hamburg, Airbus stuck with its 2016 delivery estimates for its A320neo and A350 aircraft, even though first-quarter deliveries put the company in a pretty large...
For the first quarter of 2016, the worst performing stock in the Dow Jones Industrial Index was Boeing Co. (NYSE: BA), down 12.2%. In the first two months of the second quarter, the shares have come...
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