Wednesday , 31 December 2025

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Boeing’s tanker to miss delivery date, says US Air Force chief

Bloomberg Boeing Co. won’t deliver its first KC-46 aerial refueling tanker by month’s end as it had agreed, according to US Air Force Secretary Heather Wilson, the latest in a procession of missed deadlines since the company won the contract in 2011. Air Force officials are meeting with planemaker “to try to lay down path forward for delivery and to …

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Boeing receives endorsement from an old foe at Airbus

Bloomberg Boeing Co. received an endorsement from an unlikely source: John Leahy, Airbus SE’s retired sales supremo who rang up over $1 trillion in aircraft deals over a long career, largely at the expense of the US aerospace giant. Leahy is famous for ribbing his long-time rival. But after being put on the spot by a fellow aviation luminary at …

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Sears burns cash while betting on Lampert loans for survival

Bloomberg Fast-dwindling cash is casting doubt on whether Sears Holdings Corp. can firm up its survival plan in time to avoid liquidation. Sears is expected to bleed $220 million in just the first month of its bankruptcy, court filings show, cutting deep into the $300 million loan it secured this week from senior lenders. The crunch could become more acute …

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