planemaker
China’s COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919.That might not get COMAC more C909 sales, but it markets the plane under a unified family name.It all fits into COMAC’s push to move into the international market with Boeing and…
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing (NYSE:), giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. The Wichita, Kansas-based aerostructures…
SAO PAULO (Reuters) -Brazilian planemaker Embraer raised its projected adjusted earnings before interest and taxes margin for 2024 to between 9% and 10%, from the previous 6.5%-7.5% range, it said on Friday in a securities filing, while also posting a jump in third-quarter profit. In a conference call with analysts…
By Lisa Barrington SEOUL (Reuters) – Chinese planemaker COMAC opened in Hong Kong its second office this week outside mainland China, a subsidiary said on Thursday, as the state-owned company tries to break into a global passenger jet market dominated by Western manufacturers. COMAC’s two commercial passenger planes are, with…
