Air India crash renews scrutiny into Boeing's troubling safety record
The crash of a Boeing 787 in India has renewed scrutiny into the operations and safety record of the American aircraft company. Adrian Ghobrial explains.
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Globe and Mail
2 hours ago
- Globe and Mail
Sky Harbour to Report Its Second Quarter 2025 Financial Results and Host Webcast Investor Call on August 12th, 2025
Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) ('SHG' or the 'Company'), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, today announced that it will release its Second Quarter 2025 financial results and file its quarterly report on Form 10-Q with the SEC after market close on Tuesday, August 12th, 2025, and that it will host an investor webcast at 5:00 pm ET the same day. On the call, Sky Harbour will review quarterly financial results and provide a general business update. A question-and-answer session with Sky Harbour leadership will follow. Both the call and webcast are open to the general public. The webcast will be publicly available in the UPCOMING EVENTS section of the Company's investor relations website, A replay of the webcast will be available on the Company's website following the event. To join the webcast, please use the following link: For the audio-only conference call, please use the following participant details: North America Toll-Free: (888) 660-6739 North America Toll: (929) 203-0875 International Toll: +1(929) 203-0875 Conference ID: 3259957 If you have any questions or are interested in connecting with Sky Harbour leadership, please contact Investor Relations at investors@ About Sky Harbour Group Corporation Sky Harbour Group Corporation is an aviation infrastructure company developing the first nationwide network of Home-Basing campuses for business aircraft. The Company develops, leases and manages general aviation hangars across the United States. Sky Harbour's Home-Basing offering aims to provide private and corporate customers with the best physical infrastructure in business aviation, coupled with dedicated service tailored to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more, visit Forward Looking Statements Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the expectations regarding future operations at Sky Harbour Corporation and its subsidiaries. When used in this press release, the words 'plan,' 'believe,' 'expect,' 'anticipate,' 'intend,' 'outlook,' 'estimate,' 'forecast,' 'project,' 'continue,' 'could,' 'may,' 'might,' 'possible,' 'potential,' 'predict,' 'should,' 'would' and other similar words and expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of Sky Harbour Group Corporation (the 'Company') as applicable and are inherently subject to uncertainties and changes in circumstances. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. For more information about risks facing the Company, see the Company's annual report on Form 10-K for the year ended December 31, 2024, and other filings the Company makes with the SEC from time to time. The Company's statements herein speak only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Toronto Star
8 hours ago
- Toronto Star
Protein Industries Canada and Nurasa Launch Program to Expand Global Reach of Canadian Plant-Based Companies into the Asia-Pacific Market
Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) — Today at an event in Singapore, witnessed by Minister MacDonald, Minister of Agriculture and Agri-Food Canada, Protein Industries Canada announced a new international partnership with Nurasa, a leading food innovation and commercialization partner based in Singapore. The partnership will help Canadian companies accelerate entry into the fast-growing Asia-Pacific market—one of the world's largest and most dynamic regions for plant-based food innovation. 'Canadian innovation is driving the global shift toward sustainable food solutions.' Said the Honourable Melanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions. 'By supporting our plant-based companies as they expand into new markets like the Asia-Pacific, we are helping them scale up, create good jobs at home, and showcase Canadian expertise on the world stage. This partnership is another example of how the Global Innovation Clusters are helping Canadian businesses succeed both at home at abroad, driving Canada's leadership in industries of the future.'
Globe and Mail
9 hours ago
- Globe and Mail
The Zacks Analyst Blog Highlights Rolls-Royce and GE Aerospace
For Immediate Release Chicago, IL – August 1, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Rolls-Royce RYCEY and GE Aerospace GE. Here are highlights from Thursday's Analyst Blog: Rolls Royce vs GE Aerospace: Which Engine Maker Has More Thrust in 2025? The global aviation industry is soaring to new heights lately, driven by rising aircraft deliveries, expanding airline fleets, and increasing demand for fuel-efficient, high-performance jet engines. As air travel continues its post-pandemic growth and defense spending grows, engine manufacturers like Rolls-Royce and GE Aerospace are at the forefront of this expansion. These industry giants are capitalizing on advancements in propulsion technology, sustainable aviation initiatives and lucrative aftermarket services — key factors propelling investor interest in the stocks. Rolls-Royce, a leader in power systems for wide-body aircraft and military engines, is undergoing a strategic transformation, focusing on improved operational efficiency and next-gen technologies like hybrid-electric propulsion. Meanwhile, GE Aerospace, another dominant force in commercial and military engines, benefits from its strong aftermarket services and next-generation engine programs, including the GE9X for Boeing's 777X and the CFM International LEAP engine, widely used in narrow-body jets. With both companies positioned for growth amid rising demand for air travel and defense modernization, investors face a critical question: Which engine maker offers more thrust in 2025? Let's analyze their strengths, innovations and market positioning to find out. Financial Stability & Growth Catalysts: RYCEY vs GE Rolls-Royce ended June 2025 with a cash and cash equivalent of approximately $7.95 billion, while its gross debt totaled $4.64 billion. So, it is safe to conclude that the stock boasts a solid solvency position, which should enable it to continue investing in its next-generation engine that will offer higher power density, lower emissions and improved fuel consumption compared to its peers. In contrast, GE Aerospace 's cash and cash equivalents amounted to $11.86 billion as of June 30, 2025. Its long-term debt totaled $17 billion, while its current debt was $1.89 billion at the end of the second quarter of 2025. So, one can safely conclude that the stock holds a solid solvency position for the near term. This should offer it the flexibility to invest in its test infrastructure to accelerate the development of next-generation hypersonic propulsion systems, as well as in its U.S. factories and supply chain to strengthen manufacturing capabilities. With respect to growth drivers, the steadily improving air passenger traffic worldwide (for the past couple of years), resulting in increased jet engine and related services demand, has been playing the role of the primary growth catalyst for both RYCEY and GE Aerospace. Evidently, Rolls-Royce registered a 17% year-over-year sales improvement for its Civil Aerospace segment in the first half of 2025. On the other hand, the Commercial Engines & Services ("CES") unit of GE Aerospace witnessed a solid 29% year-over-year increase in revenues during the second quarter of 2025. Sales growth for defense-related aerospace parts and equipment, backed by an increasing defense product acquisition trend worldwide, has also been contributing to both RYCEY and GE's top-line performance. Notably, RYCEY witnessed a 1% rise in its defense revenues during the first half of 2025, while GE's Defense & Systems unit's revenues grew 6% in the second quarter of 2025. In terms of divergent growth trajectories, Rolls-Royce leverages its strengths in widebody aircraft engines and a diversified portfolio that includes marine propulsion technologies — an area where GE Aerospace has no direct presence (in marine). In contrast, GE Aerospace benefits from its dominance in the narrowbody engine market and advanced avionics integration in both commercial and defense aviation, where Rolls-Royce has limited exposure. Risks of Investing in RYCEY & GE With RYCEY and GE operating in the broader aerospace sector, both stocks face industry-specific challenges that investors should consider before investing in them. In particular, persistent supply-chain disruptions remain a major headwind for jet engine makers like RYCEY and GE. In its June 2025 outlook, the International Air Transport Association ("IATA") mentioned that the global aircraft backlog has risen to a record-high of 17,000 jets owing to a significant lag in aircraft deliveries. This shortfall was largely due to ongoing supply-chain bottlenecks. Additionally, the newly imposed U.S. tariffs on imported goods are expected to significantly intensify the global supply-chain issues, potentially delaying the procurement of critical aerospace components. These factors may elevate production costs and disrupt manufacturing timelines, adding to more uncertainty for industry players and thereby constraining growth prospects for both stocks. How Do Zacks Estimates Compare for RYCEY & GE? The Zacks Consensus Estimate for RYCEY's 2025 sales and earnings per share (EPS) implies an improvement of 24.4% and 34.6%, respectively, from the year-ago quarter's reported figures. RYCEY's 2025 and 2026 EPS estimates have moved north over the past 60 days. The Zacks Consensus Estimate for GE's 2025 sales implies a year-over-year decline of 4.4%, while that for EPS suggests a 27.6% surge. The stock's near-term EPS estimates have moved north over the past 60 days. Stock Price Performance: RYCEY vs GE RYCEY (up 28.4%) has underperformed GE (up 34.3%) over the past three months. However, in the past year, RYCEY has outperformed GE. While RYCEY's shares have surged 117.4%, GE rose 61.1%. RYCEY's Valuation More Attractive than GE Roll-Royce is trading at a discount, with its forward 12-month price/earnings of 34.08X being less than GE's forward price/earnings of 42.92X. Final Call While both Rolls-Royce and GE Aerospace stand to benefit from strong long-term aerospace tailwinds, Rolls-Royce appears better positioned to outperform in 2025. RYCEY trades at a more attractive valuation, boasts stronger EPS growth projections and continues to benefit from a strategic focus on widebody aircraft, marine propulsion and sustainable aviation technologies. GE Aerospace, while offering broader exposure in narrowbody engines and avionics, faces a weaker near-term sales outlook and higher debt levels, which could constrain short-term upside. Ultimately, both companies remain fundamentally sound and well-aligned with the evolving needs of the global aerospace market. However, for investors seeking stronger near-term momentum and compelling valuation, Rolls-Royce currently offers the more attractive investment opportunity. While GE Aerospace sports a Zacks Rank #1 (Strong Buy) at present, Rolls-Royce carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 stocks here. Free: Instant Access to Zacks' Market-Crushing Strategies Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached. Get all the details here >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up GE Aerospace (GE): Free Stock Analysis Report
