10 November 2016

Bombardier reported consolidated revenues of US$3.7bn in the quarter and $12.0bn in the nine-month period, following the planned reduction in business aircraft revenues and the deferral of revenue recognition following active project and cash management in Transportation. EBIT before special items was US$87m and US$323m respectively for the quarter and year-to-date period, as margin improvements […]

Having posted a net profit for the same period one year ago of US$877 million, Turkish Airlines has posted a net loss of US$463 million for the nine-month period, 2016. This comes despite a 4% increase in passenger numbers at 48.3 million. Revenues decreased 6.1% to US$7.6 billion, while an operating loss of US$154 million

Thales announced a major investment in next generation aircraft communications technology with the commitment to a jointly funded £20 million research project in partnership with the government funded Aerospace Technology Institute (ATI) and the opening of a state-of-the-art customer engagement suite in the UK. This investment reflects the strategic value that Thales and the UK