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Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Business

Airbus Hits New Supply-Chain Hurdle in Race With Boeing

Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link

Boeing Reports $149 Million Loss as Defense Charges Pile Up
Business

Boeing Reports $149 Million Loss as Defense Charges Pile Up

The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link

New Engines on Hundreds of Airbus Jets Recalled for Inspection
Business

New Engines on Hundreds of Airbus Jets Recalled for Inspection

RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link

GE Lifts Guidance as Sales and Earnings Rise
Business

GE Lifts Guidance as Sales and Earnings Rise

The manufacturer cites strong orders for jet engines and wind turbines. Source link

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
Business

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches

The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link

Elon Musk’s Towering SpaceX Rocket Set for Test Flight
Business

Elon Musk’s Towering SpaceX Rocket Set for Test Flight

Business SpaceX said it could try to launch Starship to space for the first time as soon as Monday Source link

Boeing Pauses MAX Deliveries After Parts Problem
Business

Boeing Pauses MAX Deliveries After Parts Problem

Business Plane maker said a supplier used nonstandard process to install parts Source link

Russia's Aircraft Need Maintenance They Can No Longer Get
Business

Russia's Aircraft Need Maintenance They Can No Longer Get

Sanctions have cut off access to parts, software and technical skills needed for the key upkeep of hundreds of commercial jets, raising concerns over safety.

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Business

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link