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...Aengus Kelly, chief executive of AerCap, the world’s biggest aircraft lessor, told the Financial Times last month that Boeing needed to put aside financial targets and focus solely on the safety and quality...
Shares hit after company announces ‘operational pause’ and puts staff on unpaid furlough
...Rolls-Royce: The British aerospace company’s shares rose 4 per cent after analysts at Barclays raised their target price to 270p from 239p....
...BAE Systems has agreed to acquire the aerospace division of Ball Corporation in a $5.55bn cash deal, the UK-based defence company said on Thursday....
...Kelly stressed that he thought Boeing was a “tremendous” company with “tremendous” people and that it was premature to speculate on what went wrong....
...Daniel Fisher, Ball’s chair, said BAE “is well-positioned to invest in Ball Aerospace to elevate the combined business to new heights”....
...Aengus Kelly, chief executive of AerCap, the world’s biggest aircraft leasing company, said in January that Boeing could not “afford another slip-up” and must set aside financial targets to focus solely...
...Big share price moves in Europe today include Danish shipping company AP Moeller Maersk, UK-based aerospace business Melrose and irish packaging company Smurfit Kappa: AP Moeller Maersk: Shares in the Danish...
...offering sage advice to the embattled aerospace manufacturer (Interview, January 19)....
...AerCap’s Kelly points to the enormous technological challenges that go with building aircraft and engines....
...The US aerospace and defence group cannot “afford another slip-up” with its 737 Max aircraft, he told the FT. Read the full interview. 5....
...General Electric’s aerospace division helped the industrial group boost first-quarter revenues, leading it to raise its profit forecast for the year....
...Aengus Kelly, chief executive at the world’s biggest lessor, AerCap, said about 40 per cent of used aircraft sales in the second quarter went to airlines, up from 20 per cent before the pandemic....
...Shares in Richard Branson’s Virgin Orbit have slipped two-fifths in pre-market trading after the US-based aerospace company announced an “operational pause” as it seeks additional funding....
...They are putting the money down then,” said Kelly....
...Centrism’s problems: The ideology is defined really only by what it is against and often claims a political middle that doesn’t exist, writes Jemima Kelly....
...The companies include China Head Aerospace Technology, which provides systems to process data from satellites....
...The bottlenecks in the aerospace supply chain were a “major problem” contributing to the shortage of jets, said Kevin Michaels, head of Michigan-based consultancy AeroDynamic Advisory....
...Sclater is the former general counsel at GKN, the UK aerospace and automotive group, and he became its chief financial officer in 2017, before taking up the same role at oil company Castrol, and then joining...
...Kelly said that notwithstanding the Ukraine invasion the “continued recovery in air travel in many parts of the world” put AerCap on “a positive trajectory heading into 2022”....
...Tim Alderslade, chief executive of Airlines UK, the industry group, issued the appeal after a conference call between carriers, airport operators and Kelly Tolhurst, the aviation minister, on Sunday that...
With short supply, double the number of first-time buyers, and some people HODLing, prices could rise. Get your tiny violins out.
...AerCap’s Kelly sounds a similar note of caution, noting that “the reality is that airlines are fed up with new technology being introduced”....
Green energy supplier takes top spot and London remains the city with the most high-growth businesses
...(FT, WSJ) R Kelly trial The R&B singer will appear in a Brooklyn courthouse today for the opening arguments in a federal sex trafficking trial....
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