Airbus
Airbus Articles
When Alcoa reported earnings on Monday, it lowered guidance based in part on decreased demand for aluminum from aircraft makers.
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Analysts at Bernstein on Monday issued a note claiming that Boeing and its main rival, Airbus, will benefit from cost cuts for the rest of the decade.
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On Saturday, Iran's official news agency reported that a delegation from Boeing will visit the country.
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Boeing faces stiffer competition on price from rival Airbus, and the company has said it needs to cut costs by billions of dollars by the end of 2016.
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Reuters reports that Airbus is talking to potential customers for a new twin-engine, dual-aisle wide-body jet to compete with Boeing's 777-9.
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Analyst Ken Herbert at Canaccord Genuity lowered his rating on Boeing Thursday morning from Buy to Hold and also lowered the firm's price target on the stock.
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Airbus reported results for fiscal year 2015 on Wednesday morning, and the board recommended an 8% dividend hike.
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Boeing has received the go-ahead from the U.S. government to resume talking to approved Iranian carriers about possible sales.
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When aircraft maker Bombardier announced quarterly and full-year results Wednesday morning, the company said it would fire 7,000 employees over the next two years.
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Both Boeing and Airbus announced Wednesday morning that they had taken orders for new planes at the Singapore Airshow.
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Boeing may be able to advance its schedule on the 777X in the same way that it recently said that it may deliver the first 737 MAX as much as six months early.
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Boeing on Friday completed the first test flight of its new 737 MAX 8 passenger jet. The MAX 8 carries a list price of $110 million.
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Following Boeing's disappointing 2016 forecast, the company finally announced a production rate cut to the current version of the 777.
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Boeing had announced a build rate of one 747-8 per month beginning in March of 2016, and on Thursday said it would cut that production to just one-half plane per month beginning in September.
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The CEO of International Airlines Group said that the company is looking to lease six used Airbus A380 superjumbo jets to add to the 10 that IAG's British Airways already flies.
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