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Struggle for skilled workers in spotlight at Farnborough Airshow

Struggle for skilled workers in spotlight at Farnborough Airshow Aerospace sector faces talent shortage If it were a country, it would have 4.4% unemployment -McKinsey Sees rising competition for engineers from AI sector STEM education, gender diversity seen key to addressing problem By Tim Hepher, Allison Lampert and David Shepardson FARNBOROUGH, England, July 26 (Reuters) - Germany's Lilium Jet has a queue of young engineers and students waiting to board thanks to the interest of a five-year-o
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Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens

EXCLUSIVE-Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens Adds FAA comment in paragraph 13, brings up paragraph on Airbus By Allison Lampert and David Shepardson WASHINGTON, July 26 (Reuters) - Boeing BA.N is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S.
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Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens

EXCLUSIVE-Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens By Allison Lampert and David Shepardson WASHINGTON, July 26 (Reuters) - Boeing BA.N is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S. planemaker widens checks for false paperwork used to authenticate the metal used in commercial jets.
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Airbus Wins Contract On 13-Month Rotorcraft Study for NATO

BRIEF-Airbus Wins Contract On 13-Month Rotorcraft Study for NATO July 26 (Reuters) - Airbus SE AIR.PA : AIRBUS TO LEAD NATO NEXT GENERATION ROTORCRAFT CAPABILITY CONCEPT STUDY NATO SUPPORT AND PROCUREMENT AGENCY (NSPA) HAS AWARDED A CONTRACT TO AIRBUS HELICOPTERS TO LEAD A CONCEPT STUDY IN THE FRAME OF THE NEXT GENERATION ROTORCRAFT CAPABILITY (NGR
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Airbus SE <AIR.PA> second quarter results due on July 30 

EARNINGS POLL - Airbus SE  second quarter results due on July 30  July 26 (Reuters) - (All figures in Euros) Airbus SE AIR.PA reports its second quarter results on July 30. Year to date, Airbus SE shares are down 7.17%. Below is a table of quarterly analyst estimates for results based on LSEG data. Revenue 8 16.00 billion EPS 5 0.57 EBIT 6 653.95 million Net Profit 4 460.79 million Please note that consensus estimates may be updated between publication of the poll and the report.
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IndiGo says groundings due to Pratt engine issues to decrease by next year

UPDATE 3-IndiGo says groundings due to Pratt engine issues to decrease by next year Adds CFO comment in paragraph 4 and background throughout By Nandan Mandayam and Meenakshi Maidas BENGALURU, July 26 (Reuters) - IndiGo INGL.NS said it expects the number of aircraft grounded due to Pratt & Whitney engine issues to decrease by early next year, with the Indian airline also reporting its first quarterly profit fall in nearly two years.
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead July 26 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 30-Jul-2024 AMC TEPRF.PA Teleperformance SE Half Year 2024 Teleperformance SE Earnings Release 30-Jul-2024 AMC OREP.PA L'Oreal SA Half Year 2024 L'Oreal SA Earnings Release 30-Jul-2024 04:30 AIR.PA Airbus SE Half Year 2024 Airbus SE Earnings Release 31-Jul-2024 NTS SAF.PA Safran SA Half Year 2024 Safra
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead July 26 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 30-Jul-2024 NTS 1COV.DE Covestro AG Half Year 2024 Covestro AG Earnings Release 30-Jul-2024 BMO HEIG.DE Heidelberg Materials AG Half Year 2024 Heidelberg Materials AG Earnings Release 30-Jul-2024 04:30 AIR.PA Airbus SE Half Year 2024 Airbus SE Earnings Release 31-Jul-2024 AMC QGEN.N Qiagen NV Q2 20
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Leonardo, Airbus in talks to strengthen collaborations, paper says

Leonardo, Airbus in talks to strengthen collaborations, paper says ROME, July 26 (Reuters) - Leonardo LDOf.MI and France's Airbus AIR.PA are discussing ways to strengthen collaborations and industrial synergies, the chief executive of the Italian defence group said on Friday. "There are many potential synergies between Airbus and Leonardo in different sectors," Chief Executive Roberto Cingolani told financial daily Il Sole 24 Ore in an interview.
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Italy - Factors to watch on July 26

Italy - Factors to watch on July 26 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases July consumer and business confidence data (0800 GMT) and Q2 wage inflation data (0900 GMT).
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Jetmaking industrial problems overshadow orders at damp air show

Jetmaking industrial problems overshadow orders at damp air show By Tim Hepher, Allison Lampert and David Shepardson FARNBOROUGH, England, July 25 (Reuters) - The world's largest air show fizzled out on Thursday with a solid new Saudi jetliner order unable to dispel the gloom over recent problems in producing planes fast enough to meet demand. Britain's Farnborough Airshow opened earlier this week amid alarm signals from airlines over falling yields or average fares.
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Airbus Says Abra Group Signs MoU For Five A350-900S

BRIEF-Airbus Says Abra Group Signs MoU For Five A350-900S July 25 (Reuters) - Airbus SE AIR.PA : AIRBUS SE - ABRA GROUP (MAJORITY INVESTOR OF AVIANCA AND GOL) SIGNS MOU FOR FIVE A350-900S Source text : https://tinyurl.com/2dors4zz Further company coverage: AIR.PA
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Embraer opens P&W repair hub as demand for engine maintenance rockets

Embraer opens P&W repair hub as demand for engine maintenance rockets By Gabriel Araujo SAO PAULO, July 25 (Reuters) - Brazilian planemaker Embraer EMBR3.SA on Thursday opened a maintenance hub for Pratt & Whitney (P&W) engines in Portugal, which it expects to bring in an additional 600 million euros ($653 million) in revenues per year once fully operational.
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Warburg Pincus names Sibbald as Europe head, Obermann chair of European business

REFILE-Warburg Pincus names Sibbald as Europe head, Obermann chair of European business Refiles to make clear Warburg Pincus is a global private equity firm By Emma-Victoria Farr LONDON, July 25 (Reuters) - Global private equity equity firm Warburg Pincus, which was founded in the U.S., has named Andrew Sibbald sole head of Europe and Rene Obermann as chairman of the region, according to an internal memo seen by Reuters on Thursday.
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RTX hits record high after hiking FY24 profit forecast

BUZZ-RTX hits record high after hiking FY24 profit forecast Updates ** Aerospace and defense company RTX's RTX.N shares gain 8.8% to $113.96 ** Stock hit record high of $114.10 earlier in the day ** Company lifts FY24 adj EPS forecast range to $5.35-$5.45 vs prior expectation of $5.25-$5.40 ** Forecast bump driven by demand in broader commercial av
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Saudi's flynas strikes deal for 75 Airbus A320neos, 15 A330s

Saudi's flynas strikes deal for 75 Airbus A320neos, 15 A330s FARNBOROUGH, England, July 25 (Reuters) - Low-cost Saudi airline flynas has signed a memorandum of understanding with Airbus AIR.PA for 75 of its narrow-body A320neo family aircraft and 15 of its wide-body A330-900 jets, the companies said at the Farnborough Airshow on Thursday. The A320neo deal is worth about $4 billion and the A330 deal about $1.7 billion, according to estimated delivery prices from Cirium Ascend.
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Airbus: Saudi Arabia's Flynas Signs Agreement For 75 A320neo And 15 A330neo

BRIEF-Airbus: Saudi Arabia's Flynas Signs Agreement For 75 A320neo And 15 A330neo July 25 (Reuters) - Airbus SE AIR.PA : FLYNAS SIGNS AGREEMENT FOR ADDITIONAL 75 A320NEO FAMILY AIRCRAFT AND 15 A330NEO Further company coverage: AIR.PA (Gdansk Newsroom)
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Honeywell trims annual profit forecast on muted industrial automation demand

Honeywell trims annual profit forecast on muted industrial automation demand July 25 (Reuters) - Honeywell International Inc HON.O on Thursday lowered its annual profit forecast, due to lower demand in its industrial automation business, sending shares of the diversified industrial firm down 4.5% in premarket trade. Sales in Honeywell's industrial automation business were hit by volume softness in warehouse and workflow solutions as the company looks to offload existing inventory before ordering
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RTX advances after hiking FY24 profit forecast

BUZZ-RTX advances after hiking FY24 profit forecast ** Shares of aerospace and defense company RTX RTX.N gain 3.6% to $108.59 premarket ** Co lifts FY24 adj. EPS to the range of $5.35-$5.45 vs prior forecast of $5.25-$5.40 ** Forecast bump driven by demand in broader commercial aviation sector, compelling airlines to fly older aircraft and spend on
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RTX lifts 2024 profit forecast on strength in aviation sector

UPDATE 4-RTX lifts 2024 profit forecast on strength in aviation sector Updates shares By Mike Stone and Pratyush Thakur July 25 (Reuters) - U.S. aerospace and defense company RTX RTX.N raised its full-year earnings forecast and beat estimates for second-quarter profit on Thursday, aided by a rebound in the broader commercial aviation sector. RTX stock hit an all time high, trading up 8% at $113 in New York.
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