Airbus is mulling over a potential merger for its space business, but it's not a done deal just yet. The company's CEO, Guillaume Faury, suggested that they're open to partnering up with another firm to strengthen their space sector. This comes after Airbus took a big hit with their satellite busine
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
Air Canada is amping up its flight frequency to China, with new daily flights to Beijing and Shanghai. The airline is making a comeback with daily trips from Vancouver to Beijing, starting January 15. Plus, Shanghai will see daily flights from Vancouver starting December 7. This is a big deal since
Investment strategist Doug Cohen from Fiduciary Trust International covered a lot of ground in a recent interview with Quartz. Talking about the volatile world of stocks, especially those related to Trump Media, he highlighted the speculative nature of such investments. How can you tell if a stock
Airbus, a major player in the aerospace industry, has recently announced plans to cut up to 2,500 jobs in its Defense and Space division. This decision comes in response to a tough business environment, particularly in the satellite sector where they've faced significant losses. The European company
Airbus CEO Guillaume Faury is cautiously optimistic about CFM's open-rotor engine technology, but is it enough to convince the industry? The innovative design features a massive 14-foot diameter fan, non-rotating variable-pitch stators, and the promise of improved fuel efficiency. But can it deli
