Ryanair CEO sees weaker UK winter demand than in Europe Ryanair group chief executive Michael O'Leary has said that that the UK air travel industry was weaker than Europe's as British consumers grapple with high interest rates and a cost-of-living crisis. Business • 28 Sep 23
Ryanair CEO sees weaker UK winter demand than in Europe Ryanair group chief executive Michael O'Leary has said that that the UK air travel industry was weaker than Europe's as British consumers grapple with high interest rates and a cost-of-living crisis. Business • 28 Sep 23
Air France-KLM says it plans to buy 50 Airbus A350 jets Air France-KLM said it plans to order 50 Airbus A350 long-haul jets, together with purchase rights for an additional 40, in its largest-ever wide-body purchase as the Franco-Dutch group revamps its long-haul fleet. Business • 26 Sep 23
Air France-KLM says it plans to buy 50 Airbus A350 jets Air France-KLM said it plans to order 50 Airbus A350 long-haul jets, together with purchase rights for an additional 40, in its largest-ever wide-body purchase as the Franco-Dutch group revamps its long-haul fleet. Business • 26 Sep 23
Ryanair expects to beat monthly passenger record Ryanair expects traffic in August to "slightly" surpass the record 18.7 million passengers it flew in July, with bookings for September and October so far coming in exactly as expected, a senior executive told Reuters today. Business • 14 Aug 23
Ryanair expects to beat monthly passenger record Ryanair expects traffic in August to "slightly" surpass the record 18.7 million passengers it flew in July, with bookings for September and October so far coming in exactly as expected, a senior executive told Reuters today. Business • 14 Aug 23
Boeing boosts monthly 737 production to 38 from 31 Boeing said today it was ramping up production of its bestselling 737 MAX narrow-body jet to 38 per month from 31, a sign the planemaker was recovering from a supplier error that had scuttled its plans for an early ramp up. Business • 26 Jul 23
Boeing boosts monthly 737 production to 38 from 31 Boeing said today it was ramping up production of its bestselling 737 MAX narrow-body jet to 38 per month from 31, a sign the planemaker was recovering from a supplier error that had scuttled its plans for an early ramp up. Business • 26 Jul 23
Airbus weighs separate boss for planemaking arm Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking business and free CEO Guillaume Faury to tackle broader strategic priorities, people familiar with the matter said. Business • 24 Jul 23
Airbus weighs separate boss for planemaking arm Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking business and free CEO Guillaume Faury to tackle broader strategic priorities, people familiar with the matter said. Business • 24 Jul 23
Ryanair cautious on winter travel as Q1 profit soars Ryanair has today posted a €663m after-tax profit for the three months ending in June, far above pre-pandemic levels and an increase of almost 300% on the same time last year. Business • 24 Jul 23
Ryanair cautious on winter travel as Q1 profit soars Ryanair has today posted a €663m after-tax profit for the three months ending in June, far above pre-pandemic levels and an increase of almost 300% on the same time last year. Business • 24 Jul 23
Avolon sees supply chain issues persisting into 2025 Aircraft manufacturers are stabilising production runs but problems will likely persist in the supply chain as they ramp up deliveries in the next two years, the head of the world's third-largest aircraft lessor said today. Business • 20 Jul 23
Avolon sees supply chain issues persisting into 2025 Aircraft manufacturers are stabilising production runs but problems will likely persist in the supply chain as they ramp up deliveries in the next two years, the head of the world's third-largest aircraft lessor said today. Business • 20 Jul 23
Airbus first-half deliveries up 6% to 316 jets Airbus deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources said today. Business • 06 Jul 23
Airbus first-half deliveries up 6% to 316 jets Airbus deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources said today. Business • 06 Jul 23
Avolon orders 40 new Boeing 737 MAX aircraft Irish aircraft leasing company Avolon has ordered 40 new Boeing 737 MAX aircraft. Business • 20 Jun 23
Avolon orders 40 new Boeing 737 MAX aircraft Irish aircraft leasing company Avolon has ordered 40 new Boeing 737 MAX aircraft. Business • 20 Jun 23
Ryanair posts near record full year profit of €1.43bn Ryanair achieved close to record full-year profit in the year to March 31 and said it is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 months despite fuel costs being less "fortuitously" hedged. Business • 22 May 23
Ryanair posts near record full year profit of €1.43bn Ryanair achieved close to record full-year profit in the year to March 31 and said it is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 months despite fuel costs being less "fortuitously" hedged. Business • 22 May 23
Ryanair inks $40bn Boeing deal for up to 300 aircraft Ryanair has agreed a massive $40 billion deal with Boeing that will see it purchase up to 300 new aircraft over the next decade. Business • 09 May 23
Ryanair inks $40bn Boeing deal for up to 300 aircraft Ryanair has agreed a massive $40 billion deal with Boeing that will see it purchase up to 300 new aircraft over the next decade. Business • 09 May 23
Avolon agrees $4bn deal with Boeing for 40 737 MAX jets Aircraft leasing company Avolon said today it had committed to ordering 40 Boeing 737 MAX aircraft in a deal worth over $4 billion at current list prices, a boost for the US planemaker as it grapples with fresh delivery issues. Business • 27 Apr 23
Avolon agrees $4bn deal with Boeing for 40 737 MAX jets Aircraft leasing company Avolon said today it had committed to ordering 40 Boeing 737 MAX aircraft in a deal worth over $4 billion at current list prices, a boost for the US planemaker as it grapples with fresh delivery issues. Business • 27 Apr 23
Boeing reports another loss in Q1, confirms forecast Boeing has today reported a bigger-than-expected quarterly loss due to persistent quality control problems with its jets, but shares rallied as it maintained key medium and long-term targets. Business • 26 Apr 23
Boeing reports another loss in Q1, confirms forecast Boeing has today reported a bigger-than-expected quarterly loss due to persistent quality control problems with its jets, but shares rallied as it maintained key medium and long-term targets. Business • 26 Apr 23
Ryanair to trim flights in summer but targets on track Ryanair will likely trim some flights in August due to delivery delays from Boeing but there will be no material impact on customers, its senior executive Eddie Wilson said in an interview today. Business • 25 Apr 23
Ryanair to trim flights in summer but targets on track Ryanair will likely trim some flights in August due to delivery delays from Boeing but there will be no material impact on customers, its senior executive Eddie Wilson said in an interview today. Business • 25 Apr 23
Ryanair assessing impact of Boeing 737 MAX pause Ryanair has said it is assessing with Boeing how the plane maker's decision to pause deliveries of some new 737 MAX aircraft will impact the 24 new jets that the Irish airline has scheduled for delivery between now and the end of June. Business • 14 Apr 23
Ryanair assessing impact of Boeing 737 MAX pause Ryanair has said it is assessing with Boeing how the plane maker's decision to pause deliveries of some new 737 MAX aircraft will impact the 24 new jets that the Irish airline has scheduled for delivery between now and the end of June. Business • 14 Apr 23
Boeing delivers 130 planes in Q1, beating Airbus Boeing announced 130 airplane deliveries over the first quarter of 2023, inching past rival Airbus, which delivered 127 jets. Business • 11 Apr 23
Boeing delivers 130 planes in Q1, beating Airbus Boeing announced 130 airplane deliveries over the first quarter of 2023, inching past rival Airbus, which delivered 127 jets. Business • 11 Apr 23
Ryanair's O'Leary says talks restarted with Boeing - FT Ryanair Holdings is optimistic on striking a major new aircraft order after the Irish airline restarted talks with Boeing, its boss said in an interview with the Financial Times today. Business • 23 Mar 23
Ryanair's O'Leary says talks restarted with Boeing - FT Ryanair Holdings is optimistic on striking a major new aircraft order after the Irish airline restarted talks with Boeing, its boss said in an interview with the Financial Times today. Business • 23 Mar 23
Boeing set to sell 78 787 planes to Saudi airlines Boeing is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said today. Business • 14 Mar 23
Boeing set to sell 78 787 planes to Saudi airlines Boeing is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said today. Business • 14 Mar 23
Boeing shares fall after new Dreamliner delivery halt Boeing shares fell 3.2% in premarket trading on today after the US planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component. Business • 24 Feb 23
Boeing shares fall after new Dreamliner delivery halt Boeing shares fell 3.2% in premarket trading on today after the US planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component. Business • 24 Feb 23
Boeing to cut 2,000 white-collar jobs in finance and HR Boeing expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the US planemaker has confirmed. Business • 07 Feb 23
Boeing to cut 2,000 white-collar jobs in finance and HR Boeing expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the US planemaker has confirmed. Business • 07 Feb 23
Boeing to hire 10,000 workers in 2023 Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the US planemaker said. Business • 27 Jan 23
Boeing to hire 10,000 workers in 2023 Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the US planemaker said. Business • 27 Jan 23
Boeing's 1st annual positive free cash flow since 2018 Boeing's losses widened for 2022 on weakness in its defense unit but the US planemaker reported its first yearly positive cash flow since 2018 on stronger commercial airplane deliveries. Business • 25 Jan 23
Boeing's 1st annual positive free cash flow since 2018 Boeing's losses widened for 2022 on weakness in its defense unit but the US planemaker reported its first yearly positive cash flow since 2018 on stronger commercial airplane deliveries. Business • 25 Jan 23
Airbus maintains jetmaker top spot despite missing goal Airbus deliveries rose 8% in 2022, allowing the European planemaker to maintain its crown as the world's largest planemaker for a fourth year, despite being forced by clogged supply chains to abandon a more ambitious target. Business • 11 Jan 23
Airbus maintains jetmaker top spot despite missing goal Airbus deliveries rose 8% in 2022, allowing the European planemaker to maintain its crown as the world's largest planemaker for a fourth year, despite being forced by clogged supply chains to abandon a more ambitious target. Business • 11 Jan 23
United Airlines makes big Boeing order United Airlines said today it is ordering 100 Boeing 787 Dreamliners and 100 737 MAX airplanes, a major order as the air carrier pushes for post-pandemic growth and replaces older less-efficient aircraft. Business • 13 Dec 22
United Airlines makes big Boeing order United Airlines said today it is ordering 100 Boeing 787 Dreamliners and 100 737 MAX airplanes, a major order as the air carrier pushes for post-pandemic growth and replaces older less-efficient aircraft. Business • 13 Dec 22
Airbus drops its 2022 delivery forecast Airbus has abandoned a numerical forecast for jet deliveries and a date for its key production goal but maintained financial targets as it limped towards the end of a year haunted by disruption in factories and supply chains. Business • 07 Dec 22
Airbus drops its 2022 delivery forecast Airbus has abandoned a numerical forecast for jet deliveries and a date for its key production goal but maintained financial targets as it limped towards the end of a year haunted by disruption in factories and supply chains. Business • 07 Dec 22
