What have we learnt from the recent reporting flurry? Societe Generale has put together a list of conclusions to be drawn from this earnings season.» Read More
LONDON, May 13- European shares rose on Tuesday, with a key regional index making fresh six-year highs, as a rally in U.S. shares and upbeat updates from blue-chips such as steelmaker ThyssenKrupp supported risk appetite. Britain's FTSE was up 0.2 percent after briefly hitting its highest point in roughly a year.
PARIS, May 13- Airbus Group is entering a critical phase in the development of its new A350 passenger jet but flight tests are going well, Finance Director Harald Wilhelm said on Tuesday.
PARIS, May 13- Airbus Group posted a narrower-than-expected drop in core earnings on Tuesday, after dodging the impact of lower aircraft deliveries and higher research and development spending, and reaffirmed its financial goals for the year.
Airbus Group posted a narrower-than-expected 5 percent drop in core earnings on Tuesday, despite lower aircraft deliveries and higher research and development spending.
PARIS, May 11- The United Nations is leading a high-level effort this week to improve the way aircraft are tracked to address public concerns over the disappearance of a Malaysia Airlines passenger jet.
BERLIN, May 9- France's economic woes are the result of poor policy choices at home and Paris should stop blaming its problems on the strength of the euro, Jean-Claude Juncker, the centre-right candidate for European Commission president, told Reuters.
*Boeing delivered 12 more planes in April than a year ago. *Boeing says "progressing well" in solving S. Carolina problems. Investors watch jet deliveries because Boeing and Airbus receive the bulk of the cash for jet sales when customers fly them home.
PARIS, May 7- Airbus is on track to get safety certification for its latest jetliner, the A350, by "the end of the summer" as planned, Europe's top air safety regulator said on Wednesday.
PARIS, May 7- Economy Minister Arnaud Montebourg stepped up France's push for a weaker euro on Wednesday, saying political leaders had the right to assess the right level for the currency in a position completely at odds with Germany's.
PARIS, May 7- Airbus took 78 orders in April but remained behind Boeing in the battle for new business after a relatively quiet month dominated by the reshuffling of existing orders, data released by the European planemaker showed on Wednesday.
MAIN PRIVATISATION DEALS AGREED SO FAR 2011- Sale of 10 percent stake in telecoms firm OTE to Germany's Deutsche Telekom- 10- year extension of gaming concession of gambling monopoly OPAP until 2030- Granting of license to OPAP to install 35,000 video gambling slots- Sale of frequency spectrum to Greek mobile telephony companies- Sale of 2 Airbus jets previously owned by former state carrier Olympic Airways.
*Airbus says managing A330 orders more challenging post-2016. In its annual report, parent Airbus Group, also said supplies of cabin equipment would need to be carefully managed as the industry meets strong demand for Airbus and rival Boeing jets, but said the overall supply base was "more stable".
May 2- Aircraft components maker Spirit AeroSystems Holdings Inc reported quarterly results way above analysts' estimates as its customers, Boeing Co and Airbus Group NV, boosted production to meet surging demand for large planes. Shares of Spirit Aero, spun off from Boeing in 2005, rose as much as 6 percent on Friday morning.
*Earnings $1.07/ share vs $0.57 a year earlier. Boeing Co and Airbus Group NV expect aircraft demand to reach over $4 trillion over the next 20 years and have raised their production rate. The company's net income rose to $153.6 million, or $1.07 per share, in the first quarter ended April 3, from $81.2 million, or 57 cents per share, a year earlier.
May 2- Aircraft component maker Spirit Aerosystems Holdings Inc's quarterly profit nearly doubled, partly helped by strong demand for large commercial aircraft. Net income rose to $153.6 million, or $1.07 per share, in the first quarter ended April 3, from $81.2 million, or 57 cents per share, a year earlier.
May 1- Canada's Bombardier Inc on Thursday reported slightly weaker-than-expected quarterly results and a sharp jump in spending, which sparked some analyst concern about the company's liquidity as it continues to pour money into its CSeries aircraft program.
May 1- Canada's Bombardier Inc reported slightly weaker than expected results on Thursday, prompting some analysts to express concerns about the aircraft and train maker's cash burn rate as it continues to pour money into its CSeries aircraft program.
May 1- Canada's Bombardier Inc reported lower-than-expected quarterly revenue as it earned less from the sale of its aircraft. The costly CSeries could be Bombardier's ticket into the big leagues, with its CS100 and CS300 models suited to compete with the smaller planes made by rival Boeing Co and Airbus Group.
General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.
*Immelt hoping to convince France to back Alstom offer. *Industry experts say Alstom deal may have to be different. PARIS, April 29- As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom, it hopes that three letters will convince them of its good will: CFM.