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Airbus SE (EADSF)
- Reuters
Airbus called for compensation to take on money-losing Spirit operations, sources say
Airbus has called for financial compensation to take on money-losing operations from Spirit AeroSystems, a demand that has emerged as one obstacle to a tie-up deal between the supplier and its main customer Boeing, people familiar with the matter said. Spirit and Airbus executives are holding talks in New York, first reported by Bloomberg, to try and work through issues such as the European planemaker's demands for financial compensation to take on the supplier's loss-making operations.
- Zacks
Airline Stocks Fly High: Buy These 3
The airline industry is flourishing despite a plethora of industry challenges. Three airline-related stocks offer great reward-to-risk zones.
- Reuters
UPDATE 1-Canada MPs to hold hearings on Russian titanium sanction waivers
Canadian legislators on Wednesday agreed to hold hearings into how major aerospace companies were granted exemptions from the country's sanctions on Russian titanium. Canada is the first Western government to ban Russian supplies of the strategic metal as part of a package to mark the second anniversary of Russia's Ukraine invasion in February. The 12-person foreign affairs committee of the House of Commons elected chamber said it would call the country's Minister of Foreign Affairs and other unspecified witnesses, after a proposal to have representatives of Bombardier and Airbus testify failed.
