Senior shares tumble as lower Boeing and Airbus output triggers profit warning Transport and infrastructure Shares in FTSE 250 aerospace parts supplier Senior tumbled on Tuesday after the firm warned on earnings and revealed cost-cutting measures in response to lower output at Boeing and Airbus.
Ryanair passenger numbers near 20m as Europe’s record summer kicks off Aviation Some 18.9m passengers flew with the Irish budget carrier over the month, up 11 per cent year-on-year as it operated 105,000 flights.
Boeing and Airbus supply chain woes cause aircraft deliveries to tumble Aircraft deliveries fell in the first quarter as suppliers struggle to meet booming travel demand amid a dearth in workers.
Babcock and Airbus chiefs call on UK to boost defence spending March 24, 2024 Two of the UK's biggest defence firms have called on the government to spend more on its armed forces amid the "changing face" of warfare.
Labour would host annual investment summit if elected, vows Jonathan Reynolds January 29, 2024 Labour would host an annual business summit to showcase Britain as a global investment destination, if elected into power, Jonathan Reynolds has pledged.
Airbus and Rolls-Royce ink multi-billion pound deal to build planes for Turkish Airlines in the UK December 15, 2023 Airbus and Rolls-Royce have today announced they have been picked by Turkish Airlines to supply the carrier with 220 new aircraft.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
Ryanair boss Michael O’Leary blames Boeing and Airbus delays for ticket fare rises November 6, 2023 Ryanair chief executive Michael O'Leary has blamed delivery delays at Boeing and Airbus for rising air fares across Europe.
UK aviation industry will be grounded unless sustainability ‘gets more government support’ April 17, 2023 The UK aviation industry warned that economic opportunities created by sustainable aviation technology are at risk without targeted support. Sustainable Aviation, a coalition of aviation groups, claimed the UK risked losing an industry which is estimated to support 60,000 jobs and be worth £10bn in gross value added (GVA) benefits by 2050. The group today [...]
Rolls-Royce, Airbus pen deal with Air India for 250 planes in boost for UK manufacturing February 14, 2023 Rolls-Royce and Airbus have signed multi-billion pound deal to build 250 new planes for Air India, which is set to create hundreds of new jobs in the UK. The wings will be designed in Filton and assembled in Broughton, creating 450 manufacturing jobs and bringing in more than than £100m of investment to Wales. Meanwhile, [...]