financetom
Business
financetom
/
Business
/
Airbus says next jet 'evolutionary not revolutionary'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Airbus says next jet 'evolutionary not revolutionary'
Mar 24, 2025 8:41 AM

TOULOUSE, France (Reuters) - Airbus CEO Guillaume Faury said on Tuesday the planemaker's next single-aisle jet would be "evolutionary rather than revolutionary", but that this could include an open-rotor engine such as one being studied by supplier CFM.

The head of the world's largest planemaker was speaking at the start of an event aimed at focusing attention on ongoing innovation following the company's decision last month to delay development of a radical hydrogen-powered regional aircraft.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mr. Cooper Group's Q3 Earnings, Revenue Fall
Mr. Cooper Group's Q3 Earnings, Revenue Fall
Oct 23, 2024
07:43 AM EDT, 10/23/2024 (MT Newswires) -- Mr. Cooper Group ( COOP ) reported Q3 earnings Wednesday of $1.22 per diluted share, down from $4.06 a year earlier. Analysts polled by Capital IQ expected $2.33. Revenue for the quarter ended Sept. 30 was $424 million, down from $574 million a year earlier. Analysts surveyed by Capital IQ expected $536.7 million....
Old Dominion Freight Line Q3 Earnings, Revenue Fall
Old Dominion Freight Line Q3 Earnings, Revenue Fall
Oct 23, 2024
07:42 AM EDT, 10/23/2024 (MT Newswires) -- Old Dominion Freight Line ( ODFL ) reported Q3 earnings Wednesday of $1.43 per diluted share, down from $1.54 a year earlier. Analysts polled Capital IQ expected $1.42. Revenue for the quarter ended Sept. 30 was $1.47 billion, down from $1.52 billion a year earlier. Analysts polled Capital IQ expected $1.49 billion. ...
Whitecap Resources Reports Higher Q3 Net Profit
Whitecap Resources Reports Higher Q3 Net Profit
Oct 23, 2024
07:43 AM EDT, 10/23/2024 (MT Newswires) -- Whitecap Resources ( SPGYF ) on Wednesday reported a near doubling of third-quarter profit. Net profit rose to $274.2 million, or $0.46 per share, compared with $152.7 million, or $0.25 per share, last year. Petroleum and natural gas revenue fell to $891 million, from $956 million, the year before. Third quarter production averaged...
HSBC CEO tells staff senior redundancies inevitable after revamp
HSBC CEO tells staff senior redundancies inevitable after revamp
Oct 23, 2024
LONDON (Reuters) - Some senior HSBC ( HSBC ) staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday. Inevitably some of our colleagues will face redundancies as we streamline duplicative senior roles, Elhedery said in the memo after announcing one of the bank's biggest...
Copyright 2023-2026 - www.financetom.com All Rights Reserved