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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:10 EDTUTX, BA, GE, RYCEY, EADSYBoeing, Airbus narrow engine choices in move toward efficient jets, WSJ says
As Boeing (BA) and Airbus (EADSY) have introduced more efficient jets, the plane makers have had to narrow the range of engine choices they offer for the most fuel-saving models, reported The Wall Street Journal. Airbus' just launched A330neo has an exclusive Rolls-Royce (RYCEY) engine, as compared to the previous choices from General Electric (GE) and United Technologies' (UTX) Pratt & Whitney, while Boeing previously picked GE to exclusively develop the engine for the 777-300ER. Reference Link
News For BA;EADSY;GE;UTX;RYCEY From The Last 14 Days
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June 16, 2015
09:09 EDTEADSYAirbus, Vector, Rockwell Collins sign Pro Line Fusion cockpit upgrade agreement
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08:46 EDTEADSYAir Lease announces lease placements of seven new Airbus A320neos
Air Lease Corporation (AL) announced long term lease agreements for seven new Airbus (EADSY) A320neo Family aircraft with Air Astana, the national airline of Kazakhstan. The seven aircraft include two new A320neos and five new A321neos and LRs, all from ALC’s order book with Airbus. One A320neo is scheduled to deliver in Spring 2016, while the remaining six aircraft will deliver in 2018 and 2019.
08:09 EDTGEGE's renewable energy business announces $25M investment from TerraForm
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07:43 EDTBABoeing and Minsheng sign MOU for purchase of thirty 737 airplanes
Boeing and Minsheng Financial Leasing signed a Memorandum of Understanding, or MOU, at the Paris Air Show for the purchase of thirty 737 airplanes, a mix of Next-Generation 737 and 737 MAX airplanes.
07:17 EDTBABoeing awarded $3.2B order by Ruili Airlines for thirty 737 MAXs
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06:46 EDTEADSYJetBlue seeks long range Airbus plane for overseas growth, Reuters says
JetBlue (JBLU) is eyeing a long range plane from Airbus (EADSY) that could help carry customers farther distances, possibly growing the airline’s network in South America, Reuters reports, citing comments from an interview with JetBlue executive vice president for Commercial and Planning Marty St. George. JetBlue is particularly interested in Airbus’ A321neo aircraft, the report says. Reference Link
06:10 EDTUTX, BA, EADSYAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
05:53 EDTBABoeing, SMBC Aviation Capital announce order for 10 737 MAX 8s
Boeing and SMBC Aviation Capital announced an order for 10 737 MAX 8s today at the Paris Air Show. This deal adds to a 2014 order placed by the lessor for 80 737 MAX 8s for a total of 90 on order.
05:52 EDTBABoeing remains on track to deliver 750-755 airplanes
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05:50 EDTBABoeing, AerCap announce order for 100 737 MAX 8s
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05:46 EDTBABoeing and Sriwijaya Air announce order for two next-gen 737-900ERs
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05:42 EDTUTXPratt & Whitney and OEM collaborators signs agreement formalizing MRO network
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05:40 EDTUTXWizz Air receives Pure-V recognition for fleet of 120 V2500 engines
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05:39 EDTUTXSAS selects V-services for 50 V2500 engines
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05:39 EDTUTXAir New Zealand extends V2500 engine maintenance agreement with Pratt & Whitney
Air New Zealand has signed a Maintenance Services Agreement extension with the Pratt & Whitney Christchurch Engine Centre to maintain its fleet of 58 V2500 engines for an additional five years supporting the airline's Airbus A320 operations. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This announcement follows Air New Zealand's recent selection of Pratt & Whitney's PW1100G-JM engines for 13 firm A320neo family aircraft and provision of fleet management support services for up to 16 years.
05:37 EDTUTXPratt & Whitney enters long term agreement with Levitt Engineering
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05:36 EDTEADSY, UTXWizz Air selects V2500 engine for 17 aircraft order
Wizz Air has selected the V2500 engine to power a new fleet of 17 previously announced Airbus (EADSY) A321ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This new order supplements an existing order for 179 V2500 engines, bringing the new total number of V2500 engines in Wizz Air's fleet to 213, including spares. The agreement also includes a long-term flight hour agreement.
05:36 EDTUTXPratt & Whitney initiates testing for PurePower PW1900G test engine
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05:34 EDTUTX, BAUTC Aerospace Systems extends long term CARE agreement with Japan Airlines
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05:33 EDTUTXUTC Aerospace Systems CARE program selected by Beijing Capital, Tianjin Airlines
UTC Aerospace Systems has been selected to provide asset management and repair services for components on 44 aircraft operated by Beijing Capital Airlines and Tianjin Airlines. The work will be provided under UTC Aerospace Systems' Comprehensive Accessory Repair and Exchange program. As part of the agreement, UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul services for the two airlines' Airbus A320 fleet. The 10-year agreement includes support of more than 40 engine accessories on the Pratt & Whitney V2500 engines.
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