January 7, 2025 - 18:24
Airbus is grappling with the financial implications of last-minute concessions made to airlines, aimed at addressing a series of minor quality issues. This scramble led to the delivery of a provisional total of 123 jets in December, as industry sources report. The surge in deliveries has set preliminary figures for 2024 at 766 jets, marking a 4% increase from 2023. However, these numbers remain subject to internal audits, which could potentially reduce the final tally by one or two jets before the official announcement is made.
Despite these challenges, Airbus is anticipated to present a positive outlook, having established a baseline of 750 jets in its guidance of "around 770" deliveries during an analyst briefing in October. The company’s ability to navigate this delivery crunch, while managing quality concerns, will be crucial as it looks to maintain its position as the world's largest aircraft manufacturer. The coming weeks will reveal how these adjustments impact Airbus's financial health and market standing.
August 1, 2025 - 22:13
Supreme Court Decision Affects Car Finance Compensation for MillionsIn a significant ruling, the Supreme Court has partially upheld an appeal from lenders, impacting the potential compensation for millions of motorists who sought payouts related to car finance...
August 1, 2025 - 05:37
Implications of Recent Court Ruling on Car Finance for MotoristsA recent court ruling is set to have significant repercussions for the car finance industry, potentially affecting millions of motorists. The case has raised critical questions about the fairness...
July 31, 2025 - 23:49
Hercules Capital Reveals Financial Performance for Q2 2025SAN MATEO, Calif., July 31, 2025—Hercules Capital, Inc. has announced its financial results for the second quarter ending June 30, 2025. As a prominent provider of specialty financing to...
July 31, 2025 - 00:31
Opportunity Finance Network Enhances Leadership Team with New ExpertiseOpportunity Finance Network (OFN) has announced a significant expansion of its senior leadership team, aimed at bolstering its commitment to community development financial institutions (CDFIs)....