EgyptAir expands fleet with six more Airbus A350s
EgyptAir has ordered an additional six Airbus A350-900 aircraft, bringing its total commitment to 16 units.
This purchase supports EgyptAir's expansion and sustainability objectives for long-haul travel.
As of May 2025, the A350 model has secured over 1,390 orders from 60 global customers.
EgyptAir has ordered six more Airbus A350-900 aircraft, bringing its total commitment for the model to 16, the airline's Chairman and CEO, Captain Ahmed Adel, announced on Wednesday.
"It will enable us to meet the rising demand for long-haul travel, support our network expansion plans over the next five years, and contribute to Egypt's broader efforts to promote more sustainable air transport, ' said Captain Adel.
The A350 is recognized as the world's most modern and fuel-efficient widebody aircraft, setting new standards in intercontinental travel.
Powered by the latest generation Rolls-Royce engines, the A350-900 can fly up to 9,700 nautical miles (18,000 kilometres) non-stop while using 25% less fuel and producing 25% fewer carbon emissions than previous-generation aircraft.
Commenting on the deal, Benoît de Saint-Exupéry, Airbus Executive Vice President of Sales, Commercial Aircraft, said: " This is the second time EGYPTAIR has placed an order for the A350 and the decision is a testament to the value the aircraft provides."
The A350-900 features a spacious and modern Airspace cabin, offering wide seats, high ceilings, and soothing ambient lighting designed to enhance passenger comfort.
In line with Airbus's sustainability goals, the aircraft is already capable of flying with up to 50% Sustainable Aviation Fuel (SAF), with a target to reach 100% SAF capability by 2030.
At the end of May 2025, the A350 had won over 1,390 orders from 60 customers worldwide.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 hours ago
- Yahoo
RBC Bearings Incorporated (RBC): A Bull Case Theory
We came across a bullish thesis on RBC Bearings Incorporated on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on RBC. RBC Bearings Incorporated's share was trading at $385.02 as of July 24th. RBC's trailing P/E was 50.56 according to Yahoo Finance. A close-up of a heavy-duty machining tool forming a steel component. RBC Bearings (RBC) is a leading manufacturer of specialty bearings, gearing, and motion control products, strategically positioned for growth as commercial aerospace demand recovers. More than 70% of its revenue comes from sole, single, or primary-sourced components, underscoring its indispensable role in customer supply chains. The company's approach of producing ahead of demand has consistently ensured high on-time delivery rates and superior quality performance, strengthening long-term customer relationships. Leveraging proprietary design software, RBC engineers highly specialized products tailored to stringent performance requirements. A major growth driver is the anticipated acceleration in commercial aerospace volumes, particularly as Boeing ramps up production. Furthermore, newly negotiated contracts with Boeing and Airbus incorporate price increases intended to offset the cumulative inflationary pressures absorbed by RBC in recent years, providing a tailwind for margins. Beyond aerospace, RBC's industrial segment, which has faced cyclical pressures, is expected to recover gradually, offering additional upside. The combination of high-value, hard-to-replace components, strong customer integration, and improving end-market conditions supports a compelling growth trajectory. Overall, RBC Bearings stands out as a critical supplier to major aerospace manufacturers with pricing power and operational resilience, well-positioned to benefit from recovering industry demand and improving profitability. Previously, we covered a on Snap-on Incorporated (SNA) by William Fleming-Daniels in November 2024, which highlighted its leadership in premium tools and diagnostics, diversified operations, and consistent cash flow generation. The company's stock price has depreciated by approximately 8.71% since our coverage, as cyclical headwinds pressured tool sales. Stock Analysis Compilation shares a similar view on RBC Bearings but emphasizes sole-source positioning and aerospace-driven growth. RBC Bearings Incorporated is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held RBC at the end of the first quarter which was 22 in the previous quarter. While we acknowledge the potential of RBC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 hours ago
- Yahoo
RBC Bearings Incorporated (RBC): A Bull Case Theory
We came across a bullish thesis on RBC Bearings Incorporated on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on RBC. RBC Bearings Incorporated's share was trading at $385.02 as of July 24th. RBC's trailing P/E was 50.56 according to Yahoo Finance. A close-up of a heavy-duty machining tool forming a steel component. RBC Bearings (RBC) is a leading manufacturer of specialty bearings, gearing, and motion control products, strategically positioned for growth as commercial aerospace demand recovers. More than 70% of its revenue comes from sole, single, or primary-sourced components, underscoring its indispensable role in customer supply chains. The company's approach of producing ahead of demand has consistently ensured high on-time delivery rates and superior quality performance, strengthening long-term customer relationships. Leveraging proprietary design software, RBC engineers highly specialized products tailored to stringent performance requirements. A major growth driver is the anticipated acceleration in commercial aerospace volumes, particularly as Boeing ramps up production. Furthermore, newly negotiated contracts with Boeing and Airbus incorporate price increases intended to offset the cumulative inflationary pressures absorbed by RBC in recent years, providing a tailwind for margins. Beyond aerospace, RBC's industrial segment, which has faced cyclical pressures, is expected to recover gradually, offering additional upside. The combination of high-value, hard-to-replace components, strong customer integration, and improving end-market conditions supports a compelling growth trajectory. Overall, RBC Bearings stands out as a critical supplier to major aerospace manufacturers with pricing power and operational resilience, well-positioned to benefit from recovering industry demand and improving profitability. Previously, we covered a on Snap-on Incorporated (SNA) by William Fleming-Daniels in November 2024, which highlighted its leadership in premium tools and diagnostics, diversified operations, and consistent cash flow generation. The company's stock price has depreciated by approximately 8.71% since our coverage, as cyclical headwinds pressured tool sales. Stock Analysis Compilation shares a similar view on RBC Bearings but emphasizes sole-source positioning and aerospace-driven growth. RBC Bearings Incorporated is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held RBC at the end of the first quarter which was 22 in the previous quarter. While we acknowledge the potential of RBC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Sign in to access your portfolio
Yahoo
8 hours ago
- Yahoo
Why Hexcel (HXL) Shares Are Falling Today
What Happened? Shares of aerospace and defense company Hexcel (NYSE:HXL) fell 3.2% in the afternoon session after the company reported second-quarter 2025 financial results that showed year-over-year declines in revenue and profit. The aerospace materials supplier's sales fell 2.1% to $490 million compared to the prior-year quarter. Adjusted earnings per share also decreased to $0.50 from $0.60. The company's profitability took a hit as gross margins contracted to 22.8% from 25.3%, which Hexcel attributed to lower production and inventory reduction efforts. Furthermore, operating income plunged by 58.2%, impacted by a $24.2 million restructuring charge related to a facility closure. Despite the yearly declines, both revenue and adjusted earnings per share did manage to beat Wall Street expectations for the quarter. The company also maintained its full-year guidance. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Hexcel? Access our full analysis report here, it's free. What Is The Market Telling Us Hexcel's shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 9.9% on the news that the company reported weak first quarter 2025 results. Its revenue, EPS, and EBITDA missed analysts' estimates. Hexcel also cut its full-year revenue and profit forecasts in response to continued supply chain delays. A key concern was the commercial aerospace sales which dropped over 6%, hit hard by slower production on jets like the 787 and A350. That dragged overall sales down 3%, and profits dropped too, with lower volumes making it harder to cover fixed costs. Defense and space did okay, up almost 3%, but that just wasn't enough to balance out the hit in commercial. Overall, this quarter could have been better. Hexcel is down 1.5% since the beginning of the year, and at $60.85 per share, it is trading 13.9% below its 52-week high of $70.69 from January 2025. Investors who bought $1,000 worth of Hexcel's shares 5 years ago would now be looking at an investment worth $1,363. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
