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...“Some will say it’s not ideal for national sovereignty, but we have to look at defence from a global perspective,” he added....
...For Comac to compete with Airbus or Boeing on a global scale, “it’s probably going to take 20 years”, said Willie Walsh, head of the International Air Transport Association....
...It spent more than $43bn on share repurchases between 2013 and 2019, according to data from S&P Global Market Intelligence. It was able to pay for that by cost savings on its aircraft programme....
...Escalating geopolitical tensions in Asia and the Middle East helped drive the increase in global defence spending to 2.3 per cent of global economic output, Sipri said in its latest annual survey of global...
...China’s AutoFlight Group won airworthiness certification from the Civil Aviation Administration of China in late March for the design and parts for its unmanned CarryAll aircraft — a global first for an...
...$6bn parcel announced on Friday “highlights the strong and unwavering US commitment to meet Ukraine’s most-pressing immediate and longer-term capability needs to fight Russian aggression as part of the global...
...The US’s defence and aerospace industries seem to be having an extremely Normal Week....
...A global order backlog of almost 15,000 aircraft will take many years to fulfil....
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
...Production lines across the industry have been strained coming out of the Covid-19 pandemic and as global airlines have gone on an unprecedented ordering spree....
Discovery threatens wider crisis for aerospace group after plane suffered mid-air blowout
...Global capacity for United and Alaska in June is about 6 per cent lower than what they had planned on January 7, immediately following the door blowout, said Rob Morris, head of Cirium’s consultancy business...
...Melrose Industries has raised its annual profit forecast even after doubling earnings last year as the FTSE 100 aerospace group rides the global rebound in aviation....
...The conditions remain in favour of financial performance for other divisions of defence and space, and global services....
...Prime Minister Fumio Kishida’s cabinet on Tuesday approved the revision to export controls, clearing a hurdle for the Global Combat Air Programme to achieve an ambitious timeline of delivering a highly advanced...
...Thales’s shares are up about 80 per cent since February 2022, compared with a 32 per cent rise for the MSCI global aerospace defence index and a 13 per cent rise for the French blue-chip CAC 40 index....
...Plus, global stock market concentration has risen to its highest level in decades....
...While the deal would give Boeing the opportunity to fix Spirit’s problems, he added the US aerospace giant “has its own issues and has hardly covered itself with glory when it comes to execution of late”...
...Shares in the company have soared more than 85 per cent over the past year during a global boom in aviation after the Covid pandemic....
...great country with respect to its power and people, with its closer cultural proximity to us,” said Wiegand, who added that the company preferred it as a manufacturing base to China to produce for the global...
Loss of air pressure → Lots of cash pressure
...Leading arms producers, including Sweden’s Saab and Germany’s Rheinmetall, warned that Europe was overly dependent on linters from China, which accounts for just under half of the global trade....
...Spirit used to be Boeing Wichita, located in the heart of Kansas’s aerospace hub and the state’s largest private employer....
Wars could erupt, unfold and be lost because we lack enough skilled defence workers to make ammunition
...MSCI’s global benchmark for the industry’s stocks is up 25 per cent over the past 12 months. Europe’s Stoxx aerospace and defence stocks index has risen by more than 50 per cent over the same period....
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