July 16, 2018

Airbus welcomes UK fighter funding vow; aims to continue collaborative discussions

European aerospace giant Airbus on Monday welcomed Britain’s plans to invest heavily in a new fighter jet capability, and said it looked forward to continuing collaborative […]
July 16, 2018

BofA profit beats estimates on loan growth, lower expenses

Bank of America Corp reported quarterly profit above Wall Street expectations as the second-largest U.S. lender kept a tight leash on expenses and benefited from growth […]
July 16, 2018

Linde sells U.S. antitrust assets for $3.3 billion to Messer, CVC

Germany’s Linde said on Monday it would fetch $3.3 billion from selling assets to a consortium of German gases firm Messer and buyout group CVC in […]
July 16, 2018

Stocks struggle as earnings hopes compete with China growth fears

European stock markets struggled on Monday as expectations for a flurry of bumper corporate earnings and merger speculation fought with fears about the escalating trade conflict […]
July 16, 2018

Laudamotion rejects Lufthansa allegations of late payments

Austrian leisure airline Laudamotion said on Monday it had always paid its bills for planes leased from Lufthansa in full and on time, rejecting allegations made […]
July 16, 2018

Britain to unveil model of planned new fighter jet: source

Britain’s Defence Minister Gavin Williamson will unveil a model of the country’s proposed new fighter jet at the Farnborough Airshow and earmark 2 billion pounds ($2.7 […]
July 16, 2018

Typhoon order outlook as good as it’s been for some time: BAE CEO

The outlook for export orders of the Typhoon fighter jet is as good as it’s been for quite some time, with demand coming from the Middle […]
July 16, 2018

GE Aviation CEO says changes at GE no constraint for his business

The overhaul at U.S. industrial giant General Electric Co is not a constraint for its aviation arm, “in fact I feel it’s the very opposite,” the […]
July 16, 2018

Boeing kickstarts air show with order for jets worth $4.7 billion

Boeing Co said on Monday it won an order for 14 freight aircraft for a value of $4.7 billion, firing the opening salvo against rival Airbus […]
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