Boeing delays new 777X, while Airbus launches long-range A321

WNM | Jun 17, 2019 at 3:13 PM

Boeing suffered a fresh setback on the opening of the Paris Airshow on Monday as its engine supplier announced a delay for the U.S. planemaker’s all-new 777X jet while Airbus launched a rival plane aimed at the middle of the market.

Britain to take U.S. action into account in Huawei decision

WNM | Jun 13, 2019 at 3:22 PM

Britain cannot disregard U.S. restrictions on China’s Huawei in deciding whether the equipment maker can participate in the roll-out of next generation 5G networks, British digital minister Jeremy Wright said on Thursday.

United Technologies to merge aerospace business with Raytheon

WNM | Jun 10, 2019 at 12:42 AM

United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. defense contractor Raytheon Co and create a new company worth more than $120 billion, in what would be the industry’s biggest ever merger.

Ban of Huawei would delay 5G in Europe by 18 months

WNM | Jun 7, 2019 at 12:39 PM

A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months.

FACC sets up a high-tech composite facility in Croatia

WNM | Jun 6, 2019 at 10:41 AM

FACC, the leading Austrian and globally active technology partner of the global aerospace industry, is taking a further important step in its globalization strategy with investments of around 30 million euros in a new production facility in Croatia.