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Aerospace & Defense: Page 37
U.S. Plans Increased Scrutiny of Jet Designs After 737 Max Crashes
The proposal is the latest reform taken by FAA after it and Boeing failed to identify the flaw that contributed to the Max crashes in 2018 and 2019.
Rolls-Royce Tests a Jet Engine Running on Hydrogen
The plan is for hydrogen power to play a major role in allowing the aviation industry to continue growing, while cutting climate change emissions dramatically.
Tata Plans to Merge Carriers Under Air India, Nix Vistara Brand
Tata was selected as the winning bidder for Air India in October last year after beating rival suitors with a $2.4 billion offer.
Boeing’s $14 Billion Indonesia Jet Deal Stalls Over Financing
Geopolitically, the order is vital to U.S. national interests in that it would reinforce one of its key partners in the region.
Airlines Cash in as Flexible Work Changes Travel Patterns
The ability to work remotely, full or part time, has allowed Americans to travel more and to combine personal and professional trips — a transformation that carriers are planning around.
Delta Earnings Solid as Airline Signals Optimism on Travel Demand
The airline reported a $695 million profit over the three months that ended in September, despite rising costs and Hurricane Ian’s disruptions to travel.
First Foreign 737 Max Flight Takes to Skies in China After Almost Four Years
The move is being closely watched as a potential signal the model may be closer to a return to service by Chinese carriers.
Boeing’s China Orders Dry Up on U.S. Tensions in Boost for Airbus
Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices.
Airlines Face a Shortage of New Boeing, Airbus Jets
The shortfall is affecting planning at carriers including American Airlines and United Airlines, as persistent supply-chain problems and regulatory concerns rattle the business.
Tata Group’s Air India Weighs Raising $1 Billion for Expansion
The carrier, controlled by India’s oldest conglomerate Tata Group, is in discussions with potential investors including private equity funds and sovereign wealth funds, and fundraising could be completed in the next few months.
Maiden Flight for DHL’s First-Ever Fully Electric Plane
"Alice" lifted off Sept. 27 at 7:10 am local time from Grant County International Airport (MWH), flying for a total of eight minutes and reaching an altitude of 3,500 feet.
Boeing to Pay $200 Million To Settle Charges It Misled Investors Over 737 Max Crashes
U.S. authorities said the company had engaged “in an effort to cover up their deception” and chose “the path of profit over candor by concealing material information.”
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