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5 things to know about Boeing’s latest 737 Max crisis
  + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +10 min
Here is the latest on what to know as Boeing faces yet another 737 Max crisis. “We’ll make sure that we take steps to ensure that it never, never can happen.”The 737 Max 9 remains groundedOn Saturday, the Federal Aviation Administration ordered most Boeing 737 Max 9 aircraft to be temporarily grounded as regulators and Boeing investigate the cause of the incident. That has led to hundreds of cancelations, particularly from Alaska Airlines and United Airlines, which have dozens of the 737 Max 9 planes. United Airlines said it is canceling 167 Boeing 737 Max 9 flights today and expects significant cancellations on Thursday, too. Alaska Airlines also said Monday it found loose hardware on some of its 737 Max 9 planes during inspections.
Persons: Dave Calhoun, company’s ‘, , Calhoun, ” Calhoun, Patrick Shanahan, “ We’re, , “ We’ll, Max, Jennifer Homendy, CNN’s Poppy Harlow, AeroSystems, Republican Sen, J.D, Vance, Joe Biden, John Lovell, David Calhoun, ” Homendy, “ I’ve, I’ve, What’s, Eric Weiss, it’s, , Catherine Thorbecke, Chris Isidore, Greg Wallace, Pete Muntean Organizations: New, New York CNN, Alaska Airlines, Max, Boeing, CNBC, Alaska Airlines midflight, Spirit, Federal Aviation Administration, United Airlines, . United Airlines, National Transportation Safety, CNN, FAA, NTSB, Republican, Senate, National Transportation Safety Board, Alaska Airlines Flight, Reuters, Airbus, Transportation Safety Locations: New York, Portland , Oregon, , Ohio, Alaska, U.S, Indonesia, Ethiopia, Calhoun, Portland
Alaska and United Airlines said late Saturday that they were grounding their entire fleets of Boeing 737 Max 9s. "Safety will continue to drive our decision-making as we assist the NTSB's investigation into Alaska Airlines Flight 1282," FAA Administrator Mike Whitaker said in a statement. The FAA has heavily scrutinized the Boeing 737 Max since two fatal crashes grounded the jetliner worldwide almost five years ago. The section of the fuselage missing appeared to correspond to an exit not used by Alaska Airlines, or other carriers that don't have high-density seating configurations, and was plugged. Before the FAA issued its directive, Alaska Airlines earlier said it would ground its fleet of Boeing 737 Max 9 planes.
Persons: depressurization, Mike Whitaker, Max, Jennifer Homendy, Homendy, Sara Nelson, Anthony Brickhouse, Brickhouse Organizations: Alaska Airlines, Federal Aviation Administration, Boeing, Max, United Airlines, Alaska Air, FAA, National Transportation, Association of Flight, CWA, United, Embry, Riddle Aeronautical University Locations: Ontario, California, Portland , Oregon, U.S, Portland, Ontario , California, Alaska
Best travel destinations to visit in 2024
  + stars: | 2024-01-01 | by ( Cnn Travel Staff | ) edition.cnn.com   time to read: +32 min
cdwheatley/iStockphoto/Getty Images Angola: Beyond the capital city of Luanda, pictured, Angola has some jaw-droppingly spectacular scenery and cultural treats. David ChiaFF/Alamy Stock Photo Mérida, Mexico: Yucatán state's capital city showcases a blend of Mayan and colonial heritage. Pavel Tochinsky/The Image Bank RF/Getty Images Morocco: This North African country is home to nine UNESCO sites, including the historic city of Meknes, pictured. Panama City is also the only world capital with a tropical rainforest within its city limits. And a historic city forever entwined with the famed Camino de Santiago.
Persons: you’d, Tengguo Wu, Gabriele Thielmann, Turkey's, Gary Ennis, Matevz, Bill Bachman, Christian Kober, Gonzalo Azumendi, David ChiaFF, Pavel Tochinsky, Terry Kelly, Raul Rodriguez, iStock, Anton Petrus, , — Karla Cripps Turkey’s, — Barry Neild, Mana Kaasik, — Maureen O’Hare, — Maggie Hiufu Wong, Deb Snelson, Glen Arbor, Marnie Hunter, — Forrest Brown, — Forrest Brown Angola Cristo, Eric Lafforgue, it’s, King, Eric Carr, John’s, Saint John, New Brunswick —, , Tuul, Bruno Morandi, — Julia Buckley, Groenewald, Alamy, — Lilit Marcus, Alexander the Great, Philip II of Macedon, — JB, Bogdan Lazar, — Tamara Hardingham, Gill, Hercules, Francesca, Lazarus, , David Casanova, Megan Sequeira Casanova, , Kuka y Naranjo, medina, Gordon Sinclair, Yvette Cardozo, — FB, Pierce Ingram, Stefan Tomic, Fujairah, who’ve, Samarkand —, It’s Organizations: CNN, United, CNN Travel, Getty Images, Town, Getty, Northwest, Saint, New Brunswick Tourism, UNESCO, Heritage, Alamy, Parque Nacional Volcán Barú, Galicia, Tercera Orden, Parque, Bank, Wakulla Springs, Texas, United Arab Emirates, AP, Rock, of Culture, Estonian National Museum, — Maggie Hiufu Wong Northwest Michigan, Bear, Farm, Riders, Lubango, — BN Saint John, Canada Tourists, St, Saint John City Market, Historic, Saint John Arts Centre, Carnegie, Carnegie Library, — KC, Korea, Folk, Netflix, South Korea, Adriatic, Nacional Glaciares, Australian Sea Lions, Panama, Spain Santiago de, Spain Santiago de Compostela Cathedral, Islas, Camino, Mexico People, YouTube, US State Department, Morocco, Regis Hotels, Resorts, — FB Texas, Travel Texas, Krause, Gruene, Fujairah, Icefjord, FS, Tuul, Locations: United States, Sumba, Indonesia Sumba, Indonesia, Bali, Getty Images Tartu, Estonia, Tartu —, European, Tainan, Taiwan, Northwest Michigan, Traverse City, Lake Michigan, iStockphoto, Western Balkans, Culebra , Puerto Rico, Flamenco, Culebra, cdwheatley, Angola, Luanda, , New Brunswick, Fundy, New Brunswick, New Brunswick Tourism South Korea, Korea Albania, Albania, Chile, mauritius, Western Australia, Greece, Macedonia, American, Panama, Spain, Camino, Santiago, St, John's, Mexico, Parque Hidalgo, Morocco, Meknes, Florida, Spicewood, Anton, Greenland, Denmark, AP Uzbekistan, Bukhara, Indonesian, Sumela, Turkey's, — Barry Neild Tartu, Estonia Tartu, of Culture Tartu, Tartu, , Baltics, — Maureen O’Hare Tainan, Taiwan Tainan, Taipei, — Maggie Hiufu Wong Northwest, Lake, Traverse, Leland, Glen, perusing, Balkans, Slovenia, Bosnia, Herzegovina, North Macedonia, Serbia, transdinarica.com, , Puerto Rico, It’s, — Forrest Brown Angola, Lubango, Barra, Cabo Ledo, — BN Saint John , New Brunswick, Canada, Hopewell, Newfoundland, Saint, Canada’s, Korea Andong, South Korea, Sanga, Korea, Seoul, Busan, Andong, Albania Albania, Berat, Montenegro, Vlorë, Gjirokastër, — Julia Buckley Chile, Atacama, Patagonia, Coral Coast, Geraldton, — Lilit Marcus Macedonia, Thessaloniki, Greece's, Hemis, Athens, Vergina, Veria, Naousa, Greece’s, Thrace, Philippi, Kavala, Panama . Panama City, Gill Galicia, Spain Santiago, Spain Santiago de Compostela, Galicia, Galicia’s, Santiago de Compostela, Cabo, Fisterra, Galicia —, Singapore, John’s, Paseo, Montejo, Mérida, Yucatán, getaways, there’s, Marrakech, Rabat, Fes, Resorts Morocco, Wakulla, Ginnie, Fredericksburg, Texas, Marble Falls, Meanderers, New Braunfels, Dubai, Abu Dhabi, Wadi, Nuuk, Ilulissat, West, FS Uzbekistan, Samarkand, Uzbekistan, China, India, Khiva, Uzbek, Sentob, Tashkent
Though aerospace and defense funds understandably haven't done well in this year's faltering market, some individual stocks have posted substantial gains. U.S. support in what's turning out to be a long war in Ukraine will likely push overall contractor spending higher, benefitting aerospace and defense companies. In this era of high-tech warfare, when strategic military engagement is more about digital systems and aerial weapons than boots on the ground, aerospace and defense companies are advantageously positioned. Lucrative products include fighter jets, helicopters, parts for them, avionics products, missile guidance system, drones and anti-drone technology and support services. Curtiss-Wright Corp (CW) Projected five-year annual earnings growth: Data was not available.
Persons: Lockheed Martin, Giuseppe Cacace, Northrup Grumman, Howmet's, Wright, Woodward, Gerald R, Ford Organizations: US Air Force, USAF, Lockheed, Maktoum International Airport, Afp, Getty, U.S, Publicly, General Dynamics, TransDigm, Inc, Parsons Corp, U.S . Department of Defense, Missile Defense Agency, State Department, Department of Homeland Security, Department of Energy, Federal Aviation Administration . Products, Aerospace, Curtiss, Wright Corp, CW, N.C . Products, Woodward Inc, Huntington Ingalls Industries, Coast Guard, Ford, Pentagon Locations: Dubai, Al, Maktoum, Ukraine, Israel, Gaza, what's, Virgina, Washington, Davidson, N.C, Fort Collins , Colorado
The other says we’re all going to be fine because we already have everything we need to solve climate change. But to overcome climate change, we need rich individuals, companies and countries to step up to ensure green technologies are affordable for everyone, everywhere — including less wealthy countries that are large emitters, like China, India and Brazil. Let’s start with what rich individuals, like me, can do to help. They should be investing in companies that are developing transformative green solutions — especially solutions that have potential but are currently underfunded, including green hydrogen and carbon management. Very wealthy individuals should also be making changes to their lifestyles to bring their emissions close to zero.
Persons: We’re Organizations: Let’s Locations: COP28, Dubai, China, India, Brazil
These planes land on rugged, unpaved runways mostly made of blue ice and compacted snow. PrivatAir's Boeing 737 and Smartwings' Boeing 737 MAXA Smartwings 737 MAX on Antarctica in January 2022. It was the first time the jet type landed on one of the continent's blue ice runways. Another Loftleider 757 is set to ferry Antarctic Ice Marathon runners to Union Glacier this December. Loftleider Icelandic Airlines' and Titan Airways Boeing 767Titan Airways' Boeing 767 on Antarctica.
Persons: , George Hubert Wilkins, Glenn Jacobson, PrivatAir, NPI, Tim Hewette, Troll, Fang, Patrick Woodhead Organizations: Atlantic Airways, Boeing, Service, Lockheed Vega, Airbus, Australian Antarctic, Australian, Skytraders, Australian Antarctic Program, McMurdo, AAP, Norwegian Polar Institute, Swiss, NPI, Boeing's, Airlines, Titan Airways, Antarctic Logistics, Expeditions, Antarctic Logistics & Expeditions, Antarctic Ice, Russian Antarctic, Titan Airways Boeing, Norse Atlantic Airways, Emirates, White Desert Locations: Antarctica, Skytraders, Christchurch , New Zealand, Hobart, Australia's, Tasmania, Cape Town , South Africa, Czech, Chile, Russian, NPI, Norway, Cape Town, Russia's
Be warned: Flights are getting bumpier
  + stars: | 2023-11-22 | by ( Michelle Mastro | ) www.businessinsider.com   time to read: +9 min
Air turbulence is becoming more common and more intense. As the jet stream buckles a bit because it's not as strong as it was in the past, now you have all this energy associated with the jet stream up 30,000 feet or so. But changes to the atmosphere mean these corridors are getting bumpier, so avoiding them could result in smoother flights. But while we can get better at avoiding air turbulence, we won't be able to avoid it altogether. That's why some companies are going back to the drawing board to design airplanes that can better adjust to turbulent air.
Persons: I'd, Isabel Smith, Smith, Paul Williams, Williams, Bill Duncan, You've, John K, didn't, Duncan, Pierre Baqué, Alyson Smith, Michelle Mastro Organizations: University of Reading, Lufthansa, Northern, The Weather Company, Denver, Airbus, National Transportation Safety Locations: Denver, Indianapolis, England, Austin , Texas, Frankfurt, Germany, Washington, Rocky, Swiss, Delta
A US Navy plane landed in a bay in Hawaii after missing the runway. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. In October 2022, a Korean Air plane overshot the runway after attempting to land twice and heavily damaged its exterior.
Persons: , Shayne Enright, Ryan Fisher, Orlando Perez, Chesley, Sully, Sullenberger, Diane Dircks, Thomas Vaughan Organizations: US Navy, Service, U.S . Navy, Honolulu Emergency Medical Services Department, Coast Guard, U.S . Marine Corps, Airbus, National Weather Service, Boeing, Patrol Squadron, Patrol, AP, Business, Korean Air, Marine Corps Base Hawaii, University of Hawaii Locations: Hawaii, Honolulu, Kaneohe, U.S, York, Kaneohe Bay, Illinois, Whidbey, Washington, Korean, Iranian, Oahu
HONOLULU (AP) — A U.S. Navy plane overshot a runway and splashed into a bay in Hawaii on Monday, but authorities said all nine people aboard made it safely to shore with no injuries. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. Patrol squadrons were once based at Kaneohe Bay, but now they deploy to Hawaii on a rotational basis. Marine Corps Base Hawaii is about 10 miles (16 kilometers) from Honolulu on Oahu. The base sits on Kaneohe Bay, which is also home to coral reefs, a breeding ground for hammerhead sharks and a University of Hawaii marine biology research institute.
Persons: Petty, Ryan Fisher, , Orlando Perez, Chesley “ Sully ” Sullenberger, Diane Dircks, Malcolm K, Medrano, Thomas Vaughan, It's, Jennifer Sinco Kelleher, Dupuy Organizations: , U.S . Navy, Coast Guard, U.S . Marine Corps, Hudson, Airbus, Honolulu Fire Department, National Weather Service, Boeing, Patrol Squadron, Patrol, Marine Corps Base Hawaii, University of Hawaii, Associated Locations: HONOLULU, U.S, Hawaii, Kaneohe, York, Illinois, , Honolulu, Whidbey, Washington, Oahu, New York City
Boeing beat Airbus in the orders tally after securing a $52 billion deal with Emirates on day one. The host nation's flag carrier made a $52 billion deal with Boeing on day one, before sparking tensions with Airbus and Rolls Royce. Boeing beats out Airbus in the orders battleBoeing got off to a hot start on Monday, announcing several deals. AdvertisementAs well as Emirates' order for 95 jets, the American manufacturer also called press conferences with SunExpress, flyDubai, Royal Jordanian, and Royal Air Maroc. As well as the smaller Emirates order, Airbus made deals with Ethopian Airlines, EgyptAir, and airBaltic.
Persons: , Rolls Royce, Tim Clark, Royce Trent XWB, Yehia Zakaria, Christian Scherer, Pete Syme, Tony Douglas, @riyadhair, Peter Bellew, Rafael Organizations: Airbus, Royce, Boeing, Emirates, Service, Dubai Airshow, Rolls, Bloomberg, Reuters, Royal, Royal Air Maroc, Ethopian Airlines, Turkish Airlines, Anadolu Agency, Saudi, Riyadh Air, Boeing MAX, Paris Air, IAI, Dubai, Business, CNBC, Israel Defense Forces, United, United Nations Locations: Riyadh, Emirates, Royal Jordanian, Dubai, Israel, United Arab Emirates
Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. A Boeing 777-X aircraft flies during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. Boeing orders 'exceeded investor expectations'Boeing's orders are already nearly three times as high as its total orders from the Dubai Airshow in 2021, and approaching the 356 orders in clinched at the 2023 Paris Airshow in June. Airbus's order figure of 86 aircraft is meanwhile significantly behind its 2023 Paris Airshow haul of 846 orders and 2021 Dubai Airshow total of 408. Prior to this week, the iconic American manufacturer hadn't enjoyed a winning performance at a Dubai Airshow since 2017.
Persons: Giuseppe Cacace, Giuseppe CACACE, GIUSEPPE CACACE, Cowen, SunExpress, EgyptAir, Tim Clark, Clark, Royce, hadn't Organizations: UAE Knights, Emirates Airbus, Maktoum International Airport, Afp, Getty Images, United Arab Emirates —, Boeing, Airbus, Royce, Emirates, Dubai, Getty, Ethiopian Airlines, Royal Jordanian, Royal Air Maroc, Air Baltic, Industry, Turkish Airlines, Turkish, Dubai Airshow, Max, RBC Capital Markets, RBC, Saudi Arabia's, Saudi Locations: Emarat, Dubai, Al, Maktoum, Getty Images DUBAI, United Arab, Emirates, East, West, Turkey, India, Saudi Arabia, AFP, widebodies, Istanbul, Paris, Riyadh Air
Following the trade, Jim Cramer's Charitable Trust will own 65 shares, representing about 0.50% of the portfolio. These multiyear themes are driving investment in the company's key markets, which are Commercial Buildings, Data Centers, Industrial, Residential Buildings, Utility, Aerospace, e-mobility, and Legacy Vehicle. By the way, artificial intelligence should be an additional tailwind to Eaton's Data Center business. AI data centers require both higher power and higher power density relative to traditional data centers, resulting in three times the electric content. One more theme benefitting Eaton's Data Center business is the need to generate electricity in a clean and sustainable way.
Persons: Jim Cramer's, Eaton, Jim Cramer, Jim Organizations: Eaton Corporation, Data Centers, Industrial, Aerospace, Data Center, Airbus, America's Boeing, Dubai Air Show, Boeing, Jim Cramer's Charitable, CNBC, NYSE Locations: Eaton, industrials, North America
The discussions at the Dubai International Air Chiefs’ Conference, held ahead of the biennial Dubai Air Show this week, shows the delicate balancing act the federation of seven sheikhdoms faces. The UAE maintains diplomatic ties with Israel despite widespread and growing anger in the Arab world over the civilian casualties from Israel's offensive in the Gaza Strip against Hamas. The Air Chiefs' Conference demonstrates how those ties continue, particularly as Rafael Advanced Defense Systems Ltd., an Israeli defense manufacturer, was a sponsor of the summit. Sunday's summit drew attendees from across the world, though it did not appear there were any Israeli military officials on hand. While staying away from discussing the Israel-Hamas war, U.S. Air Force Brig.
Persons: Israel, Rafael, David A, we're, ” Mineau, , Mineau, , Luca Goretti, Goretti Organizations: United Arab Emirates, Sunday, United, Dubai International Air Chiefs ’ Conference, Dubai Air, Hamas, The Air Chiefs, Conference, Rafael Advanced Defense Systems Ltd, Dubai Air Show, Israel Aerospace Industries, IAI, Health Ministry, Stockholm International Peace Research Institute, Houthi, U.S . Air Force, America, American military's, Command, Italian Air Force Locations: DUBAI, United Arab, United Arab Emirates, UAE, Israel, Gaza, West, Saudi Arabia, Iran, India, Stockholm, Qatar, Saudi, Abu Dhabi, Tehran, Sunday's, Western, China, U.S, NATO, Ukraine
CNN —Russia’s leading aircraft manufacturer says it’s completed a successful test flight of a new widebody passenger airplane that it claims could replace Western aircraft in the country’s skies. UAC, which oversees Russian aviation brands including Tupolev, Ilyushin and Sukhoi, said the plane will be capable of carrying up to 370 passengers, a capacity that would put it alongside the likes of Airbus’ A340 or Boeing’s 777. As of 2022, only 144 active Russian airline planes were built in Russia, according to data provided by aviation analytics firm Cirium. “Although Moscow won’t admit it, the sanctions that followed the Ukraine invasion have really damaged Russian aviation,” Murdo Morrison, head of strategic content at FlightGlobal, tells CNN. Addressing concerns, Russia’s Ministry of Transport said at the time that flight safety on Russia-operated aircraft meets international standards.
Persons: CNN —, it’s, , Denis Manturov, Vladimir Putin, Murdo Morrison, , Yuri Slyusar, FlightGlobal’s Morrison Organizations: CNN, CNN — Russia’s, United Aircraft Corporation, UAC, Russian, Tupolev, Sukhoi, Airbus, Russia, Boeing, Bombardier, Embraer, Moscow, , Ural Airlines, International Civil Aviation Organization, Russia’s Ministry of Transport Locations: Ukraine, Russia, , Russia’s Novosibirsk, Bhutan, Congo, Liberia, Moscow
Airbus raises A350 output goal as core Q3 profits rise
  + stars: | 2023-11-08 | by ( Tim Hepher | ) www.reuters.com   time to read: +2 min
[1/2] A Airbus A350 aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. The world's largest planemaker said it was aiming to return to pre-COVID levels of 10 A350 jets a month in 2026, up from a previous goal of nine a month by end-2025. Adjusted operating earnings came in at 1.013 billion euros ($1.08 billion) in the quarter, up 21%, as revenues rose 12% to 14,897 billion. Analysts expected earnings of 1.142 billion euros on revenues of 15.098 billion, according to a company-compiled consensus. Production on the company's main profit-generating programme the Airbus A320 family, is "progressing well" towards a previously announced target of 75 a month in 2026, Airbus said.
Persons: Peter Cziborra, Tim Hepher, Matt Scuffham, Sharon Singleton Organizations: Airbus, Farnborough, REUTERS, Rights, Industry, Thomson Locations: Farnborough, Britain
A commercial aircraft approaches to land at San Diego International Airport in San Diego, California, U.S., January 6, 2022. The new meetings with the FAA, airlines, pilots, airport vehicle drivers and others will take place by Dec. 31. On Thursday, a U.S. Senate Commerce subcommittee will hold a hearing on recent incidents that raised questions about FAA air traffic control operations. The hearing will include FAA Air Traffic Organization head Tim Arel, National Transportation Safety Board Chair Jennifer Homendy, National Air Traffic Controllers Association (NATCA) President Rich Santa, Air Lines Pilots Association President Jason Ambrosi and former FAA administrator Randy Babbitt. The FAA said in September it was seeking recommendations on making it compulsory for airports to include cockpit-alerting technologies that could improve runway safety.
Persons: Mike Blake, Washington Reagan, Tim Arel, Jennifer Homendy, Rich, Jason Ambrosi, Randy Babbitt, Homendy, Bernadette Baum Organizations: San Diego International Airport, REUTERS, Rights, U.S . Federal Aviation Administration, FAA, National Transportation Safety Board, Fort, U.S, Senate, FAA Air Traffic Organization, Transportation, National Air Traffic Controllers Association, Rich Santa, Air Lines Pilots, Southwest Airlines, Boeing, Cessna, FedEx, Southwest Boeing, Thomson Locations: San Diego , California, U.S, Boston, Newark, Washington, Dallas, Fort Worth, Austin , Texas
Chris Caputo stood on the tarmac at Burlington International Airport in Vermont in early October and looked to the clouds in the distance. He had piloted military and commercial aircraft over a long career, racking up thousands of flight hours, but the trip he was about to take would be very different. Over the next 16 days, he and his colleagues flew the plane, an CX300 built by their employer, Beta Technologies, down the East Coast. They would make nearly two dozen stops to rest and recharge, flying through congested airspace in Boston, New York, Washington and other cities. When the journey came to an end in Florida, Beta handed the plane over to the Air Force, which will experiment with it over the next few months.
Persons: Chris Caputo, Caputo Organizations: Burlington International, Beta Technologies, Beta, Air Force Locations: Vermont, East Coast, Boston , New York, Washington, Florida
Boeing lost another $482 million in the third quarter on the new Air Force One aircraft. AdvertisementAdvertisementBoeing lost another $482 million on building two planes that will become the new Air Force One, according to its latest earnings report. Known as VC-25Bs, the new aircraft will be larger and more fuel efficient, allowing the US Air Force to save roughly $1.9 billion in operations and maintenance costs during the jets' 20 to 30-year lifespans. When Air Force One was last replaced during the George H.W. Revenue rose 13% to $18.1 billion, reflecting the delivery of 105 commercial aircraft, while the net loss narrowed from $3.3 billion to $1.6 billion.
Persons: , Donald Trump, George H.W, Dave Calhoun, Calhoun Organizations: Boeing, Air Force One, Service, Air Force, US Air Force, CNN, White, Los Angeles Times, Force, Defense, Security, Revenue Locations: Bush
Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., Feb. 13, 2017. Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through production flaws detected on some of the best-selling aircraft. Boeing maintained its expectations for 2023 free cash flow of $3 billion to $5 billion, despite the production problems. I view it as quite the opposite," CEO Dave Calhoun said in an employee note on Wednesday, as the company reported third-quarter results. ET when executives will face questions about its production pace, demand and how it expects to improve margins in its defense unit.
Persons: we've, Dave Calhoun Organizations: Boeing, Max, Budget, Ryanair, Sales, Air Force, Revenue Locations: Renton , Washington , U.S, LSEG
WASHINGTON, Oct 18 (Reuters) - The U.S Environmental Protection Agency on Wednesday issued a final determination declaring that emissions from aircraft that use leaded fuel pose a danger to public health, following years of study. Aircraft that do use leaded fuel are typically small piston-engine planes that carry two-10 passengers and are around 45 to 47 years old. The EPA's review of lead emissions from aircraft dates to 2006, when it received a petition asking for regulation of lead emissions from privately owned airplanes. While levels of airborne lead in the United States have declined 99% since 1980, piston-engine aircraft are the largest remaining source of lead emissions into the air. Reuters first reported in January 2022 that the EPA was again reviewing whether emissions from piston-engine aircraft operating on leaded fuel contribute pose a danger to public health.
Persons: Michael Regan, David Shepardson, Leslie Adler Organizations: U.S Environmental Protection Agency, Aircraft, EPA, Federal Aviation Administration, FAA, Reuters, Thomson Locations: U.S, United States
After a three-year hiatus, international cruise lines can resume sailings from China. AdvertisementAdvertisementRoyal Caribbean's Wonder of the Seas, once the world's largest cruise ship, was originally scheduled for year-round sailing from China. Then COVID-19 shut down the cruise industry and China blocked sailings from international cruise lines. Now, after a three-year hiatus, international cruise lines can resume sailings from China. Enter the Adora Magic City, the first Chinese-built and operated cruise ship.
Persons: , Kun Cao, Reddal, James D, Morgan China, Cao, Joel Katz, Asia —, Michael Bayley, Bayley, Yang Guobing, Andy Stuart, Skift, it's Organizations: Service, Seas, Royal Caribbean, Magic City, Cruise, Royal Caribbean International, China China's, China State Shipbuilding Corporation, Carnival Corporation, Publishing, Getty Images, Viking Cruises, China Merchants Group, Royal, MSC, CSSC Carnival Cruise Shipping, Xinhua, Getty, Cruise Line, Global Times Locations: China, Shanghai, Fort Lauderdale , Florida, Southern, Magic, Caribbean, Asia, Australasia, CLIA, United States, Miami, Switzerland, Royal Caribbean, , Norwegian, Alaska
A Comac C919, China's first large passenger jet, flies away on its first commercial flight from the Shanghai Hongqiao International Airport in Shanghai, China May 28, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 28 (Reuters) - China Eastern Airlines (600115.SS) said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC). The list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models. Next, the plane manufacturer will cooperate with China Eastern more closely, to show other potential users the reliability and performance of C919." China Eastern will get delivery of five aircraft in 2024, while ten are to be delivered each year from 2025 to 2027.
Persons: Aly, Li Hanming, Li, COMAC, COMAC's, Sophie Yu, Brenda Goh, Neil Fullick, Peter Graff, Miral Organizations: Shanghai Hongqiao International, REUTERS, Rights, China Eastern Airlines, Commercial Aircraft Corporation of China, Airbus, Boeing, China Eastern, Thomson Locations: Shanghai, China, Rights BEIJING, Beijing, Washington, Brunei
Beijing Reuters —China Eastern Airlines said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC). The list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models. The deal comes five months after the Chinese passenger plane, developed by state-owned COMAC to rival Airbus’ A320neo and Boeing’s (BA) 737 MAX single-aisle jet families, took its first flight in May with China Eastern. China Eastern will get delivery of five aircraft in 2024, while ten are to be delivered each year from 2025 to 2027. The deal includes 15 orders of COMAC’s ARJ21 aircraft and 15 of the C919.
Persons: Li Hanming, ” Li, “ COMAC, COMAC’s Organizations: Beijing Reuters, China Eastern Airlines, Commercial Aircraft Corporation of China, Airbus ’, China Eastern, Boeing Locations: Beijing, Shanghai, Washington, China, Brunei
Kevin Karpé spent 31 years as an air traffic controller and air traffic manager. He says despite the nationwide air traffic controller shortage, the system is managed by very professional people. I've spent 31 years with the Federal Aviation Administration (FAA) as both an air traffic controller and air traffic manager. AdvertisementAdvertisementWhen a close call like that occurs, an air traffic controller may have put the air carriers in that position. AdvertisementAdvertisementToday if an air traffic controller has an operational error they can voluntarily report the incident using the Air Traffic Safety Action Program (ATSAP).
Persons: Kevin Karpé, Karpé, , It's, it's, I've, I'm, hasn't, Ronald Reagan Organizations: Service, Vector Aviation Consulting, New York Times, Federal Aviation Administration, FAA, Air Traffic, Pacific Regional Headquarters, Harvard University Locations: San Diego , California, ATSAP, Washington ,, JFK
Airbus names sales chief Scherer CEO of planemaking arm
  + stars: | 2023-09-26 | by ( Tim Hepher | ) www.reuters.com   time to read: +2 min
Airbus Chief Commercial Officer Christian Scherer is interviewed by Reuters at the International Air Transport Association's Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. Scherer's appointment as Commercial Aircraft CEO, first reported by Reuters, will take effect from Jan. 1 after discussions with unions, Airbus said. Scherer, who is currently chief commercial officer, said Airbus would meet its operational objectives. Airbus formally merged with its dominant planemaking business in 2018, meaning it combines two separate headquarters and operational functions under one CEO, with the Helicopters and Defence & Space divisions sitting underneath. The shake-up brings back a separate planemaking CEO under the same roof but the company does not appear to be re-creating two entities, something that had created a stage for chronic in-fighting in the past.
Persons: Christian Scherer, Brian Snyder, Guillaume Faury, Scherer, Faury, Tim Hepher, Louise Heavens Organizations: Airbus, Reuters, International Air, REUTERS, Rights, Commercial Aircraft, Boeing, Helicopters, Defence, Space, Thomson Locations: Boston , Massachusetts, U.S
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