AAR Corp. (AIR) Tops Q4 EPS by 1c, Revenues Miss

AAR Corp. (AIR) Declares $0.075 Quarterly Dividend; 0.6% Yield

AAR Corp. (NYSE: AIR) declared a quarterly dividend of $0.075 per share, or $0.3 annualized.

The dividend will be payable on July 31, 2018, to stockholders of record on July 20, 2018, with an ex-dividend date of July 19, 2018.

The annual yield on the dividend is 0.6... More

Boeing's first-half deliveries up seven percent, orders surge past Airbus

By Eric M. Johnson

SEATTLE (Reuters) - Boeing Co's (NYSE: BA) first-half aircraft deliveries rose more than 7 percent, lifted by demand for its bestselling 737 jetliners as airlines seek more fuel-efficient planes, and orders were more than double those of European rival Airbus SE (NYSE: AIR).

The announcement on Tuesday caps a successful half year for the world's largest planemaker and comes a week ahead of the Farnborough Airshow in Britain, where airlines typically place orders.

Chicago-based Boeing had 460 net aircraft orders in the first half of 2018, compared with... More

European shares extend recovery rally as oil stocks lead

By Helen Reid

LONDON (Reuters) - European shares edged higher on Tuesday as investors shifted from worrying about a trade war to focusing on a corporate earnings season expected to deliver solid results.

The pan-European STOXX 600 index rose 0.4 percent to a 2 1/2-week high, scoring its sixth straight day of gains as energy shares supported the market, while political bickering in the UK kept the FTSE , up 0.1 percent, slightly behind.

Fading concern over trade helped push Wall Street higher for a second day on Tuesday.

"Its more of an absence of bad news... More

Airbus upbeat on prospect for A400M export contract this year

By Andrea Shalal

BERLIN (Reuters) - Airbus (NYSE: AIR) said on Friday it was optimistic it could sign a first export contract for its troubled multi-nation A400M military transport plane this year, and expressed growing confidence about prospects for European defense cooperation.

Airbus Defence and Space Chief Executive Dirk Hoke said the company had been in negotiations with a potential buyer for the A400M airlifter, but did not name the country.

"We are pretty optimistic that there will be a first signature of a contract... More

Airbus says over the worst in A320neo delivery logjam

LONDON (Reuters) - Airbus (NYSE: AIR) is over the worst on engine delays that have hampered deliveries of its A320neo passenger jet, with the number of semi-finished and undelivered planes beginning to come down, its planemaking chief said on Friday.

The... More

Airbus CEO steps up warning on danger of hard Brexit

By Tim Hepher

LONDON (Reuters) - The head of Airbus (NYSE: AIR) warned the British government on Friday that in a worst-case scenario Brexit could result in production at its factories stopping and aircraft being grounded.

Companies have become increasingly vocal about the risks of Brexit, hoping to have an impact on the outcome of crunch talks between British Prime Minister Theresa May and her senior ministers on Friday.

For companies, the biggest worry is that Britain leaves the bloc without a deal, a so-called "hard" Brexit.

"The... More

Airbus raises demand forecast, predicts worst over in delivery delays

By Tim Hepher

LONDON (Reuters) - Airbus (NYSE: AIR) on Friday raised its forecast for aircraft demand over the next 20 years as it begins to recover from two years of late deliveries of its A320neo passenger jet.

Aircraft demand has been driven mainly by strong economic growth in emerging markets and the need to replace older planes in mature Western markets.

Airbus also confirmed that it was studying further development of the largest member of the A320 family. Reuters reported last month that it was considering an... More