Finance news

Latest Finance news

Why Boeing's 787-10 Is Critical for Dreamliner Profitability

Uber of Private Jets Raises Funds From Saudi Royal Family

Private air travel is getting the Uber treatment with some of the industry’s biggest customers -- members of the Saudi Royal family -- investing $26.1 million in a company that lets users book private jets from a smartphone. Most private aircraft aren’t used that much, JetSmarter foun...

XTI Aircraft Company to Create Liquidity for Its Shareholders

XTI Aircraft Company (XTI) today announced that it will establish an over-the-counter secondary market so current and future shareholders will have the ability to buy and sell XTI shares on a public market. After garnering $20.6 million in non-binding expressions of interest, the...

Virgin Galactic will unveil its new spaceplane

Tomorrow, private spaceflight company Virgin Galactic will unveil the newest version of SpaceShipTwo — the reusable spaceplane that will become the company's primary vehicle. The company has been without a main vehicle since October 2014, when a crash killed one test pilot and seriously injured another. After the accident, many journalists and industry experts expressed skepticism about...

Virgin America posts $340.5 million net profit in 2015

Virgin America reported a 2015 net income of $340.5 million, a more than fivefold increase over a $60.1 million net profit for 2014. Virgin president and CEO David Cush said, “We achieved the highest net income in company history, generated significant operating cash flow, continued to outperform the industry in domestic unit revenue growth, and began growing the airline again.”...

Boeing CEO to Investors: Don’t Worry, Everything’s Under Control

Boeing Co.’s stock price hit a new 52-week low last week following a report that the program accounting method Boeing has been using to account for the 787 Dreamliner was being scrutinized by the U.S. Securities and Exchange Commission (SEC). Other recent issues include a cut to the production rate of the company’s current version of the 777 dual-engine, twin-aisle plane, and the...

Aerolease Aviation signs LOI for 10 Mitsubishi Regional Jets

Aerolease Aviation, a Florida-based lessor with a portfolio of 40 used Boeing 757s, signed a letter of intent (LOI) for 10 Mitsubishi Regional Jets (MRJ) plus 10 options. Aerolease becomes the first lessor to commit to the MRJ. “We firmly believe that the asset value of the MRJ has now been recognized in the aircraft finance market,” Mitsubishi Aircraft Corp. president Hiromichi Mor...

Aeroflot to make full payment of fifth coupon on BO-3 exchange-traded bonds

PJSC Aeroflot announces that it will make full payment to investors of the fifth coupon on its series BO-3 exchange-traded bonds. Payment for the fifth coupon period was made by PJSC Aeroflot in October 2015, when the Company transferred funds to cover in full its obligations under the coupon. However, due to the withdrawal of the banking licence of OJSC JSCB ...

Why Did Google Invest $1 Billion in SpaceX?

Did you notice this big investment Google made last year? You may have missed it. After all, the U.S. space company hadn't yet earned itself a name for successfully landing a rocket on the ground just after the rocket delivered a payload in space. But the investment shouldn't be overlooked. Indeed, it may be one of Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) (formerly Google) boldest m...

Delta’s Financials Have Improved So Much Its Debt Rating Is No Longer Junk

Delta Air Lines Inc. achieved its longstanding goal of regaining investment-grade credit, following through on a priority of retiring Chief Executive Officer Richard Anderson. Moody’s Investors Service raised the airline’s senior unsecured debt rating to Baa3, the lowest investment-quality level and higher than the junk grades of rival carriers American Airlines Group Inc. and Unite...

JetBlue Launches Venture Capital Subsidiary to Invest in Travel Startups

JetBlue unveiled a new subsidiary, JetBlue Technology Ventures, which is based in a Silicon Valley incubator and will provide seed funding to early stage technology, travel, and hospitality startups. JetBlue Technology Ventures is led by its president, Bonny Simi, a JetBlue pilot who had been working on talent acquisition for the airline, and the subsidiary will be located in the Redwood City,...

Rolls-Royce Holdings Plc 2015 Full Year Results

Warren East, Chief Executive, said: “In the context of challenging trading conditions our overall performance for the year was in line with the expectations we set out in July 2015. It was a year of considerable change for Rolls-Royce: in our management, in some market conditions and in our near-term outlook. At the same time, there were some important constants: the underlying growth of our...

Boeing is Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Boeing Co. (NYSE: BA) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is am...

Boeing is plunging after a report that the feds are investigating its accounting

The US Securities and Exchange Commission is reportedly investigating Boeing Commercial Airplanes' accounting practices with respect to the company's 787 Dreamliner and 747 jumbo jet programs. According to Bloomberg's Robert Schmidt, Julie Johnsson, and Matt Robinson, people with knowledge of the matter said the SEC was looking into Boeing's projections for the long-term profita...

Southwest Airlines Gives Employees Record $620 Million In 2015 ProfitSharing

Southwest Airlines Co. announced it will share $620 million through its ProfitSharing Plan with its Employees for 2015—equaling approximately 15.6 percent of each eligible Employee’s eligible compensation, or the equivalent of eight weeks’ pay. This $620 million contribution—nearly $1.7 million a day—is the largest total dollar amount Southwest has ever allocated to P...

Upcoming events

Bahrain International Airshow 2026

18/11/2026 - 20/11/2026
Bahrain, Sakhir

AERO Middle East x Sand & Fun 2026

24/11/2026 - 26/11/2026
Saudi Arabia, Riyadh

Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

Top of the week

airBaltic files first monthly operating reports with U.S. court and publishes preliminary unaudited financial information

Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...