Boeing Co

Boeing (BA) 2Q 2022 earnings fall short of estimates

Boeing on Wednesday stuck by its forecast to return to free cash flow this year as it prepares to resume deliveries of its 787 Dreamliner planes after manufacturing flaws paused deliveries for much of the past two years. The company’s second-quarter results fell short of analysts estimates. Weakness in its defense unit dragged down results, …

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Airlines criticized for betting on alternative fuels

One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, England – Airline executives at Britain’s Farnborough International Airshow are betting on the use of so-called sustainable aviation fuels to reduce …

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American Airlines (AAL) 2Q 22 earnings

American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. The carrier on Thursday forecast a third-quarter profit, however, another sign of strong travel demand, even at high prices. American posted a second-quarter profit of …

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