China orders airlines to halt Boeing deliveries
China has reportedly told its airlines to stop taking delivery of Boeing aircraft as the ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Airbus and Boeing competition has intensified in what is a difficult market after supply chain challenges hit Airbus production in the first quarter. Airbus reported an 11% decline, year on year in production of aircraft, including the wide-bodied A350, which saw five deliveries in Q1 compared with 16 in the same period of 2022. Nevertheless, the overall Q1 figure is a win of sorts, as the production deficit of 16% in February reduced by 5% last month.
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