Cathay Pacific Airways Ltd. has launched a bidding process for dozens of new widebody aircraft, according to people familiar with the matter, pitting Airbus SE against Boeing Co. in what would be a multibillion-dollar deal.
Cathay Pacific has tapped both Airbus and Boeing, requesting their proposals for the airline’s next aircraft order. The airline is considering the Airbus A350 or Boeing 787 family, along with the possibility of adding more Boeing 777Xs to its fleet.
Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long-running status review of a major satellite programme during annual results on Feb.
Boeing’s quality issues led to major declines, while Airbus fared better. Find out why BA and EADSF stocks could see strong growth in 2025 due to low bases.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.
The Boeing Company reported a massive Q4 loss, with revenues down over 30% and losses per share significantly worse than expected. Learn more on BA stock here.
Boeing delivered 348 aircraft last year — less than half Airbus managed and the lowest since the pandemic. The new CEO has a mountain to climb.
Brazilian plane-maker Embraer is showing up its larger rivals by keeping factories humming and shipments flowing.
Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs on trade partners, including countries that are important parts of Boeing’s far-flung supply chain.
A passenger plane caught fire before takeoff at an airport in South Korea late Tuesday, but all 176 people on board were safely evacuated, authorities said. The Airbus plane operated by South Korean airline Air Busan was preparing to leave for Hong Kong when its rear parts caught fire at Gimhae International Airport in