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European aerospace corporation Airbus has decided to move critical digital systems away from Google’s cloud services. Company executives say the decision is driven by security and data sovereignty concerns linked to US jurisdiction over sensitive industrial information. The decision comes as Google faces a class-action lawsuit in the US over alleged privacy violations linked to …
Shares of Airbus fell Tuesday after the company said it was cutting its financial targets for 2024. Airbus said it was now expecting lower earnings before interest and taxes and fewer commercial aircraft to be delivered this year. The company cited supply chain issues and additional costs in its space systems division as reasons for …
Shares of Boeing fell in premarket trade Monday, as markets digested the news that the Federal Aviation Administration had ordered a temporary grounding of dozens of Boeing 737 Max 9 aircraft. Shares were down 8% shortly after premarket trading opened at 4 a.m. ET. Of the 171 aircraft grounded under the directive, United Airlines has …
LX18 / SWR18N / A333 (HB-JHL) has squawked 7700. Track: https://t.co/3rPqbiX8CD Photo: https://t.co/8yHBbWXs0B #Squawk7700 — SquawkAlert (@SquawkAlert) July 11, 2023 Zurich to NYC flight SWR18N Made a U-Turn over London Descended to 10K ft Current ADS-B data from SWISS flight SWR18N, with the descent being quite rapid. Depressurisation potentially?https://t.co/3DcNTeFBQY@RadarBoxCom#SWISS #Airbus #A330 #Zurich #NewYork #AvGeek pic.twitter.com/4DcQzhvsxC …