Tag Archives: Aerospace and defense industry

FedEx (FDX) earnings Q2 2023

[ad_1] FedEx Cargo Plane Leslie Josephs | CNBC FedEx‘s said Tuesday that its quarterly earnings and sales fell from a year ago and warned of ongoing weakened demand, but said its “aggressive” cost-cutting measures were softening the blow. The package delivery giant posted sales of $22.8 billion in the three …

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American Airlines is dropping regional carrier Mesa, citing financial and operational problems

[ad_1] American Eagle Bombardier CRJ-900ER aircraft seen at Phoenix Sky Harbor International Airport. Alex Tai | SOPA | Getty Images American Airlines is dropping Mesa Air, citing concerns about its partner’s financial and operational problems, an enormous blow to the regional airline that was struggling with increasing costs and the industry’s pilot …

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Maxar selling to private equity investors Advent, BCI

[ad_1] Inside the company’s Palo Alto, California manufacturing facility, Maxar Space imagery and infrastructure company Maxar on Friday announced an agreement to go private through an acquisition led by Advent International. The all-cash deal gives Maxar an enterprise value of about $6.4 billion. Private equity firm Advent is taking a …

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Record quarter as revenue climbs

[ad_1] Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Satellite imagery and data company Planet reported record third-quarter revenue on Wednesday, forecasting nearly $200 million …

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Delta 2023 earnings forecast sees ‘robust’ travel demand

[ad_1] Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted earnings to nearly double …

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United Airlines places Boeing order for 100 Dreamliners

[ad_1] United Airlines is buying 100 Boeing 787 Dreamliners with the option to purchase 100 more new jets that will fly its longest routes and replace less fuel-efficient, decades-old planes. The massive order is a big boost for Boeing from one of its largest customers and comes as United has returned to …

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Boeing airplane deliveries picked up in November

[ad_1] Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC Boeing‘s aircraft deliveries picked up last month with airlines getting more 737 Max and 787 Dreamliner planes. The manufacturer handed over 48 planes last month, up from 35 in October, with carriers United, American …

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SpaceX launches Japanese ispace lunar lander first mission

[ad_1] A long exposure photo shows the path of SpaceX’s Falcon 9 rocket as it launched the ispace mission on Dec. 11, 2022, with the rocket booster’s return and landing visible as well. SpaceX Japanese lunar exploration company ispace began its long-anticipated first mission on Sunday, with a SpaceX Falcon …

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