Despite Donald Trump’s posturing, the U.S. defence industry under Donald Trump is set to reach new heights. Shares of American defence companies have largely shrugged off President Donald Trump’s criticism over high costs, which incidentally are set to reach new… Read More ›
Boeing
Boeing set to trim workforce in 2017
It would not be surprising if Boeing’s management had gauged Donald Trump’s protective policies early on and had let it be known that it would be trimming its workforce. After all, during the campaign trail Trump had been very loud… Read More ›
Boeing receives order for at least 92 737 jets from SpiceJet
The value of the deal is expected to touch $10.1 billion. Bloombers has reported citing sources with direct knowledge of the matter at hand, SpiceJet Ltd, an Indian budget airlines, is expected to place an order for at least 92… Read More ›
Faced with overcapacity and plummeting airfares Delta is pacing its placing of orders for new aircraft as well as their deliveries so as to tune itself more closely with market requirements. Delta Air Lines Inc. has disclosed that it will… Read More ›
Boeing bags IranAir deal by giving 50% discount
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
In a significant first step Airbus to sell 100 aircrafts to Iran
The value of the contract is not expected to exceed $10 billion. In a development that bodes well for Airbus and Iran’s lagging economy, European airplane manufacturer, Airbus, has signed a firm contract to sell 100 jets to Iran’s flagship… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›