European Aeronautic Stock News

© Reuters. FILE PHOTO: The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group (OTC:) Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said in a statement on …

PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said in a statement on Tuesday.

https://www.investing.com/news/stock-market-news/airbus-strikes-deal-with-australias-fortescue-as-airlines-seek-hydrogen-boost-2779853

PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said in a statement on Tuesday. The move, marked by the signing of a Memorandum of Understanding, reflected the companies’ “shared ambition … to support the entry-into-service … Read More

European planemaker Airbus chose the Australian miner Fortescue Metals Group Ltd's hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future Industries (FFI) said in a statement on T

(Bloomberg) -- Boeing Co. has halted titanium purchases from Russia while rival Airbus SE continues to source from the country, highlighting the uncertain path for aerospace manufacturers following the invasion of Ukraine.

Boeing and Airbus production lists show exposure to Russia.

Ethiopian Airlines signed a memorandum of understanding (MoU) to purchase five of Boeing newest air-cargo haulers, the 777-8 freighter. This is the industry’s newest, most capable and most fuel-efficient twin-engine freighter. According to Boeing, the 777-8F offers an almost identical payload to the 747-400F along with a 30% improvement in fuel efficiency, operating costs and emissions. The carrier is the second customer to announce a commitment for the freighter version of the 777X, which was launched with an initial deal for 50 aircraft from Qatar Airways in late January this year. The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth. Ethiopian’s cargo division serves over 120 destinations across the globe. According to the African Airlines Association (AFRAA), the carrier is the largest cargo provider on the continent, with 525,000 tonnes carried over 2020.

European aircraft company, Airbus, has announced that it is to test hydrogen-fuelled jet engines using modified versions of the now discontinued Airbus A380 planes. The tests are part of the company’s plan to become the manufacturer of the world’s first zero-emission commercial aircraft by 2035. CFM International, a joint venture between GE and Safran Aircraft […] The post Airbus to test hydrogen-fuelled engines appeared first on Euro Weekly News .

This article is going to be a thesis-establishing article and informative piece on the Airbus group, the largest single-aisle aerospace manufacturer on earth.

An Aeroflot engine being checked by maintenance in Russia. Denis Kabelev/Shutterstock Boeing and Airbus have stopped supplying spare parts to Russian airlines as part of…

JP Morgan, Goldman Scoop Up Distressed Russian Assets As Analysts Fret About Economic Collapse A couple of days ago, as Russia-linked ETFs plunged following a battery of US and European sanctions against Russia designed to isolate its economy and cut its people off from the global financial system, we asked ourselves: who is buying all these Russian assets? The notion that American distressed investors would pass up the opportunity to pick up Russian assets on the cheap seemed, well, counterintuitive. And while China was likely one source of capital, would western investors really allow the sanctions threat to scare them away from an obvious opportunity to buy? Fast forward to last night, and a team of reporters at Bloomberg have produced an answer: at risk of potentially violating US sanctions (which have imposed strict limits on secondary market transactions involving certain types of Russian debt), JP Morgan and Goldman are already scooping up Russian corporate bonds, either for their own book, or on behalf of waiting clients.