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Search resuls for: "Aengus Kelly"


7 mentions found


☆ Aviation market is 'very strong,' AerCap CEO says
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAviation market is 'very strong,' AerCap CEO saysAengus Kelly, CEO of AerCap, discusses the firm's half-year results and explains why the company has raised its guidance.
Persons: Aengus Kelly Organizations: Email Aviation
☆ Can Boeing get back to its glory days?
  + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +17 min
Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.
Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington
☆ What differentiates Airbus from Boeing was what happened during Covid: AerCap CEO Aengus Kelly
  + stars: | 2024-05-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat differentiates Airbus from Boeing was what happened during Covid: AerCap CEO Aengus KellyCNBC’s Phil LeBeau and AerCap CEO Aengus Kelly join 'Squawk Box' to discuss the company's capital markets day, the production issues facing Boeing, how Airbus was able to avoid the same production and quality control issues, and more.
Persons: Aengus Kelly, Phil LeBeau Organizations: Airbus, Boeing
☆ Five defensive stocks to buy now if you think there's recession risk ahead
  + stars: | 2023-12-26 | by ( Brian Evans | ) www.cnbc.com   time to read: +5 min
CVS YTD mountain CVS stock has fallen 15% from the start of the year. KR YTD mountain Kroger stock has added nearly 2% from the start of the year. AER YTD mountain AerCap stock has rise nearly 28% from the start of 2023. GM YTD mountain General Motors stock has gained 8% in 2023. GPN YTD mountain Global Payments stock has risen 27% year to date.
Persons: Patrick Kaser, Kaser, Kroger, there's, AerCap, Kaser's, Aengus Kelly Organizations: Brandywine Global, CNBC, CNBC Fed Survey, Federal Reserve, CVS, Kroger, Albertsons, KR, Aerospace, Motors, United Auto Workers, UBS, GM, General Motors, Global Locations: Brandywine, U.S, Walmart's heft
☆ Little room for gloom at Dublin's Davos for aircraft financiers
  + stars: | 2023-01-20 | by ( Padraic Halpin Conor Humphries | Padraic Halpin | Conor Humphries | ) www.reuters.com   time to read: +4 min
"Our industry is still climbing out of - call it a 100-year event, call it a macro shock of epic proportions. "We are bullish and these are the reasons why I suspect there's a disconnect between the Davos in Switzerland and the Davos in Dublin," Cronin told Reuters. "It's a good time to be a lessor," said Tony Diaz, chairman of the smaller Zephyrus Aviation Capital. It's probably easy to take that second one too," Robert Korn, president and co-founder of fast growing Carlyle Aviation Partners, added. Additional reporting by Tim Hepher and Joanna Plucinska Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
☆ Jet delivery delays spark penalties battle
  + stars: | 2023-01-18 | by ( Tim Hepher Padraic Halpin | Tim Hepher | Padraic Halpin | ) www.reuters.com   time to read: +4 min
DUBLIN, Jan 18 (Reuters) - A battle for compensation is brewing over delays in the delivery of commercial jets, with a Dublin aviation summit descending into a blame game over the worst industrial disruption in years. Aircraft contracts contain dense descriptions of adverse factors which excuse manufacturers for multiple types of delay, meaning they can avoid paying penalties or "liquidated damages". Excusable delays include "acts of God", natural disasters, fire, flood, earthquakes and epidemics, among other examples, according to extracts of past contracts filed with regulators. Non-excusable delays include anything that falls outside this catalogue, but are rare, experts say. 'OVER-OPTIMISTIC'"They are not excusable at all," Aengus Kelly, chief executive of lease giant AerCap (AER.N) told the Airfinance Journal conference when asked about the delays.
☆ Aircraft lessor AerCap raises earnings outlook on growing demand
  + stars: | 2022-11-03 | by ( ) www.reuters.com   time to read: 1 min
DUBLIN, Nov 3 (Reuters) - The world's top aircraft lessor AerCap (AER.N) on Thursday raised its earnings outlook for the year citing robust demand for air travel and growing demand for both new and used aircraft. The Ireland-based lessor raised its forecast for adjusted earnings per share to a range of $8-8.50 from a previous range of $6.50 to $7, "given strong performance year to date and fourth quarter outlook," it said in a statement accompanying its third-quarter results. "We continued to see robust demand for air travel and growing demand for both new and used leased aircraft and engines... As a result, we are raising our guidance for full year 2022," Chief Executive Aengus Kelly said. Writing by Conor Humphries; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
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