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Bloomberg79d agoneutral
Drone Makers Quantum and Destinus Seek Banks for 2027 IPOs

(Bloomberg) -- Quantum Systems and Destinus are in talks to line up advisers for potential IPOs as soon as early 2027, people familiar with the matter said, as the drone makers seek to tap surging demand for unmanned defense assets.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Push Up Flows‘KPop D

French AI firm Mistral announces deals with BMW, Airbus
AFP79d agoneutral
French AI firm Mistral announces deals with BMW, Airbus

French AI firm Mistral on Thursday announced partnerships with carmaker BMW and aerospace company Airbus as it aims to boost its growth by fostering links with defence and industry giants.His group signed a five-year partnership with Airbus to apply AI to defence and space activities and helicopter manufacturing -- though the value of the contract has not been revealed.

Mistral AI Signs New Manufacturing Deals With Airbus, BMW
Bloomberg79d agoneutralVIDEO
Mistral AI Signs New Manufacturing Deals With Airbus, BMW

French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.

Does American Airlines (AAL) Starlink Bet Reframe Its Premium and Loyalty Strategy Edge?
Simply Wall St.79d agoneutral
Does American Airlines (AAL) Starlink Bet Reframe Its Premium and Loyalty Strategy Edge?

American Airlines Group recently outlined at investor events how it is seeing broad-based travel demand resilience while contending with higher jet fuel prices and softer consumer sentiment, and it has committed to installing SpaceX’s Starlink high-speed Wi-Fi on more than 500 Airbus narrowbody aircraft from early 2027. At the same time, Spirit Airlines’ shutdown, easing crude oil prices linked to reduced geopolitical tensions, and American’s focus on premium and loyalty offerings are...

Investing.com80d agoneutral
Seaport says GE Aerospace selloff is a buying opportunity

Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.

Air China Cargo tops up order for Airbus A350 freighter aircraft
FreightWaves80d agoneutral
Air China Cargo tops up order for Airbus A350 freighter aircraft

Air China Cargo has exercised options for four additional Airbus A350 cargo jets. Airbus now has almost double the amount of orders for large, next-gen freighters as Boeing. The post Air China Cargo tops up order for Airbus A350 freighter aircraft appeared first on FreightWaves.

Airbus Defence chief rules out total failure of FCAS fighter jet project
Reuters80d agoneutral
Airbus Defence chief rules out total failure of FCAS fighter jet project

BERLIN, May 27 () - The head of Airbus Defence ruled out the complete ‌failure of the crisis-hit Franco-German FCAS fighter ‌jet project, saying at least a networking system for ​weapons and drone programme would go ahead. • Plans to develop the air combat system risk collapse due to a dispute over control between ‌France's Dassault ⁠Aviation and Airbus, which represents Germany and Spain in the €100-billion ($116 billion) project • ⁠Airbus Defence chief Michael Schoellhorn said on Wednesday he

American Airlines Says 'Scrolling' Just Got Upgraded As It Chooses Elon Musk's SpaceX As Inflight Wi-Fi Partner On 500 Planes — AAL Stock Spikes
Benzinga81d agobullish
American Airlines Says 'Scrolling' Just Got Upgraded As It Chooses Elon Musk's SpaceX As Inflight Wi-Fi Partner On 500 Planes — AAL Stock Spikes

American Airlines Group Inc. (NASDAQ:AAL) is betting on Elon Musk-led SpaceX to power faster in-flight internet across hundreds of planes, marking another major win for Starlink as airlines race to modernize onboard connectivity. American Airlines Picks Starlink For More Than 500 Aircraft On Tuesday, American Airlines announced that it plans to equip more than 500 narrow-body aircraft with Starlink satellite internet, including its Airbus A321neo fleet, early next year. The move comes after the

Airbus Manslaughter Conviction Adds Legal And Reputational Questions For Investors
Simply Wall St.82d agoneutral
Airbus Manslaughter Conviction Adds Legal And Reputational Questions For Investors

French appeals court finds Airbus (ENXTPA:AIR) guilty of corporate manslaughter over the 2009 Rio to Paris crash. The ruling overturns a prior acquittal and assigns full responsibility for the disaster to the company. Airbus plans to appeal the decision to France's highest court, extending a long running legal process. For investors following ENXTPA:AIR, this ruling lands on a company that is a central supplier of commercial aircraft, defense systems and related services for airlines and...

FTAI Aviation (FTAI): 3 Reasons We Love This Stock
StockStory82d agoneutral
FTAI Aviation (FTAI): 3 Reasons We Love This Stock

The past six months have been a windfall for FTAI Aviation’s shareholders. The company’s stock price has jumped 53.5%, hitting $251.77 per share. This performance may have investors wondering how to approach the situation.

Voyager (VOYG) Unit Earns Capital Backing for LEO Expansion, Soars 30%
Insider Monkey82d agobullish
Voyager (VOYG) Unit Earns Capital Backing for LEO Expansion, Soars 30%

Voyager Technologies Inc. (NYSE:VOYG) is one of the 10 Stocks With Stunning Double-Digit Gains. Voyager Technologies surged by 29.6 percent week-on-week after its joint venture firm secured the backing of 1789 Capital to support its expansion into the low-Earth orbit (LEO) market. In a statement on Thursday, Voyager Technologies Inc. (NYSE:VOYG) said that Starlab Space […]

Why Delta Air Lines (DAL) is One of the Best Airline Stocks to Buy According to Reddit
Insider Monkey84d agobullish
Why Delta Air Lines (DAL) is One of the Best Airline Stocks to Buy According to Reddit

Delta Air Lines, Inc. (NYSE:DAL) is one of the best airline stocks to buy according to Reddit. Delta Air Lines, Inc. (NYSE:DAL) announced on May 13 the expansion of its trans-Atlantic schedule this fall, with the addition of special flights to Madrid and Munich for two major international professional football games taking place in November. […]

Pitchbook85d agoneutral
Spirit Airlines seeks court approval for new $275M DIP to facilitate sale of aircraft

Spirit Aviation Holdings Inc., the parent company of Spirit Airlines, is seeking bankruptcy court approval to enter into a new $275 million debtor-in-possession (DIP) facility with certain of its existing DIP lenders, the proceeds of which will be used to repay lenders that hold prepetition security interests in the 20 Airbus A320 and A321 aircraft the company is seeking to sell to CSDS Asset Management LLC, court filings show. As reported, the Manhattan bankruptcy court approved the $553.5 mill

Is It Time To Reconsider Airbus (ENXTPA:AIR) After Recent Share Price Weakness
Simply Wall St.85d agoneutral
Is It Time To Reconsider Airbus (ENXTPA:AIR) After Recent Share Price Weakness

If you are wondering whether Airbus at around €165.96 offers good value or if the easy gains are behind it, this article explains what the current price might actually reflect. The stock is down 3.9% over the past week, 2.7% over the past month, and 18.5% year to date, while the 1 year return is 4.8%, the 3 year return is 41.2%, and the 5 year return is 69.6%. Recent trading has been influenced by continued investor attention on the aerospace sector and Airbus's role within it, particularly...

3 Market-Beating Stocks to Own for Decades
StockStory87d agobullish
3 Market-Beating Stocks to Own for Decades

The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital, and those that can maintain this trifecta year in and year out often become the legends of the investing world.

Airbus seeks to cut peripheral expenses due to Mideast war
AFP88d agoneutral
Airbus seeks to cut peripheral expenses due to Mideast war

European aviation giant Airbus has asked its teams to cut "non-essential expenses" by 10 percent due to turbulence following the Middle East war, according to a document seen by AFP. "We are asking for your support in adopting several cost containment measures to help our company navigate this unstable situation," it said.The economic uncertainty caused by the Middle East war is weighing on the entire aviation sector, as well as on global supply chains in the industry.