Author: Karel Svoboda

IDEA address: TXKDPhirDGj99MQ8kkcrjZTuvL9m1j4tp8
Boeing and Ryanair quietly rebranded 737 MAX
16. 7. 2019 No Responses

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...
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Hinduja-Etihad consortium gearing up for Jet Airways bid
28. 6. 2019 No Responses

Hinduja-Etihad consortium gearing up for Jet Airways bid

Also Tata’s, Qatar Airways in exploratory mode. After failed negotiations earlier with multiple suitors, the SBI-led consortium decided to take Jet Airways to the bankruptcy court on June 17 and on June 20, the National Company Law Tribunal (NCLT) admitt...
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480 pilots sue Boeing, FAA revealed new glitch in 737 MAX
27. 6. 2019 No Responses

480 pilots sue Boeing, FAA revealed new glitch in 737 MAX

480 737 MAX pilots sue Boeing over ‘unprecedented cover-up’ that led to crashes & grounding. A class-action lawsuit against Boeing reportedly accuses the US aviation giant of covering up the faulty sensor issue and keeping pilots in the dark about...
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American Airlines prefer European Airbus over US planemaker Boeing
20. 6. 2019 No Responses

American Airlines prefer European Airbus over US planemaker Boeing

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. European aerospace giant Airbus....
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United Technologies, Raytheon Combine Into Aerospace, Defense Giant
10. 6. 2019 No Responses

United Technologies, Raytheon Combine Into Aerospace, Defense Giant

United Technologies and Raytheon agree to all-stock merger that would create aerospace behemoth. Raytheon and United Technologies on Sunday announced they would merge in an all-stock deal, a tie-up that would create a behemoth in the fast-growing defense and a...
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How the Fiat Chrysler and Renault Merger Deal Vaporized
7. 6. 2019 No Responses

How the Fiat Chrysler and Renault Merger Deal Vaporized

France government wanted a commitment from Renault partner Nissan Motor Co. to back the merger. Abstention, as signaled earlier by the Japanese management — wasn’t good enough. French side fearing that Nissan might begin torpedoing the alliance. It qui...
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Heavy Duty Truck Orders Collapse, Down 70% Y/Y
6. 6. 2019 No Responses

Heavy Duty Truck Orders Collapse, Down 70% Y/Y

A bloated backlog of Class 8 orders as a result of a euphoric mid-2018 continues to weigh on heavy duty truck orders in 2019. Preliminary North America Class 8 net order data from ACT Research shows that the industry booked just 10,800 units...
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Boeing reports faulty parts on 737 wings, including MAX
3. 6. 2019 No Responses

Boeing reports faulty parts on 737 wings, including MAX

The FAA published a notice warning of defective parts on the wings of around 300 Boeing 737 MAX and 737 NG. The manufacturer requests operators to change the parts. An undisclosed subcontractor has informed Boeing that a batch of leading-edge slat...
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China Unveils 600 km/h Maglev Train
29. 5. 2019 No Responses

China Unveils 600 km/h Maglev Train

Maglev is train levitating on magnetic field created by electromagnets in rail and China’s state train maker recently unveiled the first prototype of a new maglev train capable of speed 600 kilometers per hour. China Railway Rolling Stock Corporation (CRRC)...
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Fiat Chrysler proposes merger with Renault
27. 5. 2019 No Responses

Fiat Chrysler proposes merger with Renault

Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles. Shares of both companies jumped over 10% on the ne...
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Uber, the Worst Performing IPO in U.S. Stock Market History
11. 5. 2019 No Responses

Uber, the Worst Performing IPO in U.S. Stock Market History

Rideshare Wall Street darling Uber raised close to $25 billion. When it loses big money – and it does every single quarter – it loses it at stratospheric burn rates. It finally debuted on the New York Stock Exchange (NYSE)...
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Airbus beats estimates
30. 4. 2019 No Responses

Airbus beats estimates

Aerospace and defense giant Airbus boosted operating profit thanks to commercial aircraft. The European aviation manufacturer Airbus increased its net operating profit to EUR 549 million from EUR 14 million in the same period last year. This was due mainly to...
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Ford reports profit growth of 12% due to good sales of SUVs
26. 4. 2019 No Responses

Ford reports profit growth of 12% due to good sales of SUVs

Operating profit of Ford Motor Co. in the first quarter it grew by 12%, with overseas overseas losses and strong profits thanks to very good domestic sales of trucks and SUVs. A year ago, Ford shocked motorists, investors, and dealers...
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Lockheed Martin, United Technologies Beat Analysts’ Expectations
23. 4. 2019 No Responses

Lockheed Martin, United Technologies Beat Analysts’ Expectations

The aerospace giant Lockheed Martin shares have improved by 6% after quarterly results have been released, surpassing analysts’ expectations. Lockheed Martin posted first quarter earnings of $5.99 per share, up 49% y/y. Lockheed Martin also updates the 2...
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The Brazilian oil company Petrobras sold assets worth $8.6 billion
8. 4. 2019 No Responses

The Brazilian oil company Petrobras sold assets worth $8.6 billion

The Brazilian oil company Petróleo Brasileiro, better known as Petrobras, has made a fantastic move. Just before the whole world learns that about 85% of natural gas production will no longer be necessary or economical to burn in boilers, Petrobras...
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