Airbus finalised an agreement on Monday to take over some plants from Spirit AeroSystems in a carve-up of the struggling ...

Aerospace and defense company Hexcel (NYSE:HXL) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling ...

Oman Air has cut 1,000 jobs, including 500 expat positions, as part of restructuring efforts to boost overall efficiency.

Shares of industrial and transportation companies were flat as traders awaited developments from talks in Switzerland. British Airways owner International Consolidated Airlines said it ordered 53 ...

Now, Airbus is pulling the brakes. The company has cut the project’s budget by a quarter, reallocated staff and sent remaining engineers back to the drawing board, delaying its plans by as much ...