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Stock Market & Financial Investment News

News Breaks
March 31, 2014
08:31 EDTAYR, BA, LFLAircastle announces purchase of four Boeing 777-300ERs with LATAM Airlines
Aircastle (AYR) announced that it completed the first part of the Company's previously announced $900M purchase and leaseback agreement with LATAM Airlines LFL) for eight Boeing (BA) 777-300ER aircraft. Together with the four Boeing 777-300ERs acquired thus far in this transaction, Aircastle acquired a total of eight aircraft with a cost of $715M during the first quarter of 2014.
News For AYR;BA;LFL From The Last 14 Days
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August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
August 14, 2014
17:49 EDTBABoeing awarded $295.64M government contract
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13:39 EDTBABoeing reports 10 new 777 orders in weekly update
Boeing in its weekly update reported 10 new 777 orders for unidentified customers.
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
18:38 EDTLFLLATAM Airlines reports Q2 operating net income ($58.9M), consensus (6c)
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06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
06:50 EDTBAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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16:40 EDTLFLLATAM Airlines reports preliminary July traffic down 1.4%
LATAM Airlines Group S.A. reported its preliminary monthly traffic statistics for July compared to July 2013. System passenger traffic decreased by 1.4% while capacity decreased by 3.2%. As a result, the company's load factor for the month increased 1.6 points to 84.7%. International passenger traffic accounted for approximately 51% of the month's total passenger traffic. Domestic passenger traffic in LATAM Airlines Group's Spanish speaking operations - Chile, Argentina, Peru, Ecuador and Colombia- rose 5.0%, while capacity increased by 2.1%. As a consequence, the domestic passenger load factor increased 2.2 points to 80.9%. Domestic passenger traffic in Brazil decreased by 7.8%, while capacity decreased by 7.0%. As a consequence, the domestic Brazil passenger load factor decreased 0.7 points to 83.8%. International passenger traffic increased by 1.3%, while capacity decreased by 2.2%. Accordingly, the international passenger load factor for the month increased 3.0 points to 86.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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