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Airbus Posts H1 Loss of €1.9Bn As Sales Drop By One-Third

Airbus Posts H1 Loss of €1.9Bn As Sales Drop By One-Third

AMSTERDAM — Airbus SE reported consolidated financial results for the Half-Year (H1) ended 30 June 2020.

“The impact of the COVID-19 pandemic on our financials is now very visible in the second quarter, with H1 commercial aircraft deliveries halving compared to a year ago,” said Airbus Chief Ex…

Boeing Posts H1 Net Loss of $5Bn As Sales Drop 26%

Boeing Posts H1 Net Loss of $5Bn As Sales Drop 26%

CHICAGO — The Boeing Company reported second-quarter revenue of $11.8 billion, GAAP loss per share of ($4.20) and core loss per share (non-GAAP)* of ($4.79), primarily reflecting the impacts of COVID-19 and the 737 MAX grounding. Boeing recorded operating cash flow of ($5.3) billion.

“We remain…

Northrop to Provide Key EW Capabilities for AC/MC-130J Aircraft

Northrop to Provide Key EW Capabilities for AC/MC-130J Aircraft

ROLLING MEADOWS, Ill. — Northrop Grumman Corporation has been selected to provide the prime mission equipment for the Sierra Nevada Corporation-led AC/MC-130J Radio Frequency Countermeasure (RFCM) program. Northrop Grumman’s RFCM system utilizes the latest in antenna, amplifier and electronics tec…
Russian Pantsir S1 Anti-Air-Vehicles Train in Arctic

Russian Pantsir S1 Anti-Air-Vehicles Train in Arctic

Servicemen of the tactical group of the Northern Fleet, stationed at the Arctic base Northern Clover on Kotelny Island in the Laptev Sea, have completed combat training missions for the defence of the coast from the landing of a mock enemy landing force.

During the exercise, the combat crews of t…

Chinese J-15 Carrier Pilots Train for Buddy Refueling at Night

Chinese J-15 Carrier Pilots Train for Buddy Refueling at Night

HULUDAO — Recently, two J-15 carrier-based fighter jets attached to a ship-borne aviation unit under the PLA Navy (PLAN) have successfully completed the nighttime buddy refueling training in air space, marking a new breakthrough in their all-weather long-range combat capability.

Aerial refuelin…

Embraer Completes Upgrade of First Brazilian E-99 AEW Aircraft

Embraer Completes Upgrade of First Brazilian E-99 AEW Aircraft

The Modernization Project of the E-99 aircraft concluded, last Friday (24), at the Embraer facilities in São José dos Campos, in São Paulo (SP) state, with the painting process of the first unit that will be delivered to the Brazilian Air Force (FAB).

The completion of this stage is a milestone …


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