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☆ A United flight diverted after a passenger's medical issue caused a 'biohazard' that made the crew vomit
▼ + stars: | 2024-07-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A United Airlines flight diverted after a passenger's medical issue. In an ATC recording, a pilot says crew members were vomiting due to the "biohazard." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA United Airlines flight diverted and was deep-cleaned after a passenger's "medical issue" led to passengers vomiting, according to a recording of a pilot speaking to air-traffic controllers. In an air traffic control recording posted by flight tracking site RadarBox on X, a pilot says, "The crew is vomiting and passengers all around are asking for masks."

Persons: — Organizations: United Airlines, Service, Boeing, Washington Dulles Airport Locations: Boston, Houston, Washington

☆ Boeing and Airbus go head-to-head at a giant industry airshow every 2 years. This time, neither won.
▼ + stars: | 2024-07-29 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +4 min

Read previewThe usual orders battle between Airbus and Boeing played second fiddle to supply-chain issues at last week's Farnborough Airshow. AdvertisementLast month, Airbus reduced its delivery targets, citing supply chain issues, which saw its stock drop as much as 11%. The day before the show, Guillaume Faury, the Airbus CEO, told the media the planemaker was having "important discussions" with some key suppliers as it was facing "a bit of an unexpected challenge." Frustrations with the supply chain were evident among airline bosses speaking at a summit on the first day of the airshow. AdvertisementWith gray skies for much of the week, the weather seemed to reflect the downturn for Airbus and Boeing.

Persons: —, Joshua Ng, Guillaume Faury, Luis Gallego, Ng, Dave Calhoun, Stephanie Pope, Kelly Ortberg, Rockwell Collins, Sir Keir Starmer Organizations: Service, Airbus, Boeing, Farnborough, November's Dubai, Alton Aviation Consultancy, Business, International Airlines Group, British Airways, Aer Lingus, Alaska Airlines, Current, Defense, NATO Locations: Paris, Farnborough, Ukraine, Gaza

☆ One of these four people could be Boeing's next CEO
▼ + stars: | 2024-07-29 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Boeing may have narrowed its CEO search to four candidates, including Kelly Ortberg. Current CEO Dave Calhoun said he will step down by year-end after the Alaska Airlines disaster. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe race for Boeing's new chief may be down to four candidates, including a new name. Kelly Ortberg, the former CEO of aerospace company Rockwell Collins, is seriously being considered for the position of Boeing's chief, trade publication The Air Current reported on Sunday, citing industry officials.

Persons: Kelly Ortberg, Dave Calhoun, Stephanie Pope, Pat Shanahan, Steve Mollenkopf, —, Rockwell Collins Organizations: Boeing, Alaska Airlines, Service, Rockwell, Business

☆ See what passengers can expect onboard Boeing's upcoming 777X plane as it inches closer to certification
▼ + stars: | 2024-07-29 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +1 min

After years of delays, Boeing's upcoming 777X began certification flight testing in mid-July. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoeing may be entangled in its 737 Max fiasco, but it's earning some wins with its upcoming new flagship widebody, the 777X. The aircraft, which is based on the classic 777 and will come in two passenger variants started certification flight testing in mid-July. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Boeing, Business

☆ Surprising element traced back to Renaissance alchemist’s basement laboratory
▼ + stars: | 2024-07-28 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Thousands of years ago, our ancestors produced the first maps of the stars and practiced alchemy, the precursor to chemistry. But ancient alchemists actually developed technology and discovered chemical elements that are still widely used today. Now, a new discovery links both astronomy and alchemy in one intriguing figure who lived during the Renaissance. Once the Starliner mission concludes, SpaceX will ferry a quartet of astronauts for NASA’s Crew-9 mission to the space station.

Persons: Sir Isaac Newton, Uraniborg, Tycho Brahe, Brahe, wasn’t, Butch Wilmore, Suni Williams, Mark Nappi, Craig Smith, Diva Amon, Andrew Sweetman, Sweetman, ”, David Flannery, Ashley Strickland, Katie Hunt Organizations: CNN, Chemists, Lund University Danish, NASA, Boeing, Engineers, SpaceX, NASA’s, Marine, Scottish Association for Marine Science, JPL, Caltech, Perseverance, CNN Space, Science Locations: Ireland, Brazil, Mars

☆ NASA says it can ask SpaceX to bring Boeing astronauts home if needed, as they reach 51 days on the space station
▼ + stars: | 2024-07-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

He was referring to the Boeing Starliner and SpaceX's Crew Dragon. AdvertisementSpaceX got astronauts to space a lot faster than BoeingA Crew Dragon approaches the International Space Station with astronauts on board. AdvertisementBoeing's Starliner spaceship, which Williams and Wilmore flew on, docked at the space station 262 miles above Egypt. As of Friday, the astronauts and their spaceship had been on the station for 51 days. Engineers have been replicating the thruster issues that developed while Williams' and Wilmore's ship was on its way to the space station.

Persons: —, Suni Williams, Butch Wilmore, Steve Stich, " Stich, Elon Musk, Williams, FREDERIC J . BROWN, Starliner, Mark Nappi, Nappi, Wilmore, we're, hasn't, Stitch, haven't, Butch, Suni Organizations: Service, Space Station, SpaceX, Business, Boeing, NASA, Program, Getty, NASA NASA, Engineers Locations: AFP, Egypt, New Mexico

☆ 14 earnings, jobs and the Fed are what we're watching in the market this week
▼ + stars: | 2024-07-27 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

As for Club earnings, we got positive results from life sciences company Danaher and industrial firm Dover. Ford was a major disappointment and its nearly 20% stock drop for the week was the worst performer in the portfolio. In the week ahead, it's going to be another big week of earnings with the four mega-cap names and 10 other Club names set to report. Linde : We're looking for more of the same — steady earnings growth; 6% is the Street estimate. End market commentary will also help us better formulate our view of the economy — and in turn the stock market.

Persons: Russell, Jerome Powell's, Ford, Stanley Black, Decker, We're, we'll, Elliott, we've, We'll, Kraft Heinz, Vita Coco, COCO, Lam, SIRI, WEN, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Nasdaq, Dow, Communication, Honeywell, YouTube, Procter & Gamble, Devices, Microsoft, Starbucks, GE Healthcare, DuPont, Meta, Apple, Coterra Energy, Linde, Silo AI, Elliott Management, GE HealthCare, Amazon, Apple Intelligence, U.S, Labor, Fed, Networks, Procter, Gamble, PayPal, Pfizer, BP, JetBlue Airways, Merck, Solar Inc, Caesars Entertainment, Electronic Arts, EA, Nation Entertainment, Boeing, Cruise, Mastercard, Teva Pharmaceutical, Hess Corp, Arm Holdings, Qualcomm, Lam Research, Western, eBay, EBAY, MGM Resorts, MGM, ConocoPhillips, Mobileye, Canada Goose Holdings, Hershey, Toyota, Dominion Energy, Air Products & Chemicals, Southern Company, International, Coterra Energy Intel, Coinbase, Booking Holdings, LIN, Exxon Mobil, Chevron, LyondellBasell Industries, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Dover, Eaton, Amazon, China, destocking, Corning, New York City

☆ These are the 10 best-performing stocks of all time
▼ + stars: | 2024-07-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

New research identifies the 10 best-performing US stocks since 1926. Of 29,000 US stocks traded since 1926, most had negative returns, but top performers showed consistent gains. Of course, identifying the 10 best-performing stocks for the next 100 years is nearly impossible, as the paper's author points out. "The majority (51.6%) of these stocks had negative cumulative returns," finance professor Hendrik Bessembinder of Arizona State University wrote. Bessembinder also observed that the 10 best-performing stocks delivered consistently modest annualized gains, reinforcing the slow and steady mantra championed by long-term investors.

Persons: Hendrik Bessembinder, —, Bessembinder, Paul, Wilfredo Lee, ROSLAN RAHMAN Organizations: Service, Arizona State University, Pepsico, Cadillac, AP, IBM, Boeing, Getty, Dynamics, U.S, Army, Kansas City Southern, Anadolu Agency, Canadian Locations: Doral, Fla, Kansas

☆ Qatar Airways CEO says complaining about Boeing delays would be 'crying over spilled milk' as airline expands 777X order
▼ + stars: | 2024-07-26 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +1 min

Qatar Airways' CEO told reporters he expects its first Boeing 777X in early 2026. The world's best airline also expanded its 777X order at the Farnborough Airshow. It's a sign of confidence in Boeing during a testing period for the planemaker. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementQatar Airways' CEO isn't dwelling on delays to the Boeing 777X, in a sign of confidence for the embattled planemaker.

Persons: —, Badr Mohammed Al, Meer Organizations: Qatar Airways, Boeing 777X, Farnborough, Boeing, Service, Business

☆ Apple and Microsoft are among the 'Magnificent Seven' stocks set to report next week. Here's what that means
▼ + stars: | 2024-07-26 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

On Friday, the tech-heavy S & P 500 and Nasdaq Composite ended the week with losses, down 0.8% and 2.1%, respectively. However, the bulk of Magnificent Seven results is set for release in the week ahead. As it is, all seven of the Magnificent Seven companies closed out the week with losses. FOMC meeting, July jobs report Elsewhere, investors will also be reviewing the latest Federal Reserve interest rate decision set for release on Wednesday. Traders will also get insight into the labor market next week, with the release of the July jobs report on Friday.

Persons: Russell, Ryan Grabinski, John Belton, Tesla, Belton, FactSet, Stanley Black, Decker, Lam, Kraft Heinz, Ingersoll Rand Organizations: Nasdaq, Dow Jones Industrial, Microsoft, Facebook, Apple, Nvidia, 2H, 3Q, Gabelli, Traders, Dallas Fed, Semiconductor, Nation Entertainment, Electronic Arts, Starbucks, Match Group, Caesars Entertainment, Corning, Howmet Aerospace, Procter, Gamble, Pfizer, Merck, Co, PayPal, ADP, Civilian Workers, Chicago PMI, MGM Resorts International, Allstate, Lam Research, eBay, Qualcomm, Western, Cruise Line Holdings, Hess, Boeing, Mobile, Marriott International, GE Healthcare Technologies, Generac Holdings, Mastercard, Labor, PMI, Manufacturing, Intel, Holdings, Motorola Solutions, Technology, Air Products, Chemicals, Jobs, Exxon Mobil, Chevron Locations: Chicago, Albemarle, Kellanova, Hershey, Moderna

☆ NASA just scored a badly needed win: The best potential evidence of alien life yet
▼ + stars: | 2024-07-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Read previewNASA has snagged a chunk of rock on Mars that could someday prove to be the first clear evidence of alien life. To confirm their suspicions, scientists would need to bring the rock sample to Earth and study it in more detail. Advertisement"We're not saying there's life on Mars, but we're seeing something that is compelling as a potential biosignature," Stack Morgan said. That was the plan that could've brought scientists the Cheyava Falls rock sample. There is a lot going on in this rock," Stack Morgan said.

Persons: —, it's, Katie Stack Morgan, Stack Morgan, Astrobotic, wasn't, could've, Aaron Gronstal, We're Organizations: Service, NASA, Business, JPL, Caltech, ASU, Space Station, Boeing Locations: Mars

☆ Airlines roll out business seat upgrades at Farnborough Airshow as demand for lucrative cabin class set to rise
▼ + stars: | 2024-07-26 | by ( Jenni Reid | Marylou Costa | ) www.cnbc.com time to read: +2 min

Qatar Airways displayed its business class upgrade at Farnborough Airshow near London. Zoom In Icon Arrows pointing outwards Qatar Airways' new business class product, the Qsuite Next Gen', features retractable screens. Rolling out new business class seats across an airline's fleet is usually a lengthy process spanning years, as upgrades are installed in new aircraft and retrofitted onto planes already in service. Qatar Airways' "Qsuite Next Gen" business class seat, showcased at the Farnborough Air Show on July 22, 2024. Qatar Airways

Organizations: England — Airlines, Qatar Airways, Farnborough, CNBC, Boeing, Qatar Locations: FARNBOROUGH, England, London

☆ NASA Aims to Restore Space Station Traffic After SpaceX and Boeing Problems
▼ + stars: | 2024-07-26 | by ( Kenneth Chang | ) www.nytimes.com time to read: +1 min

But the officials portrayed the orbital traffic jam as a good thing. “It complicates our lives, but in a really good way.”Operations at the space station have been more eventful than usual lately. A new Boeing spacecraft experienced propulsion problems en route to the space station. The astronauts on the station had to shelter for a while after a defunct Russian satellite disintegrated. And the question of when SpaceX could next fly more astronauts emerged after a rocket’s failure in orbit.

Persons: Ken Bowersox Organizations: Space, ”, Boeing, SpaceX Locations: Russian

☆ Boeing Starliner officials may know ‘root cause’ of issues with astronaut flight
▼ + stars: | 2024-07-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

They then fired the thruster to try out several ways the engines might fire on the way home from space, according to Boeing. Officials said they were able to recreate how the thrusters in space deteriorated during flight with the ground tests. Additional Starliner testingSeparately, engineers may have made headway understanding helium leaks that hampered the first leg of Starliner’s journey. “The key attributes of the flight rationale really are that we understand the helium leaks — we understand the stability of the leaks and how we can manage those, should they get bigger,” Stich said, referring to the possibility that helium leaks affecting the Starliner service module may worsen. NASA and Boeing plan to carry out a review to plan for Starliner’s undocking, which “could be as early as late next week,” according to Stich.

Persons: Mark Nappi, ” Nappi, Boeing’s, Butch Wilmore, Suni Williams, ”, Steve Stich, NASA’s, Still, Butch, Suni, ” Stich, Williams, Wilmore, Stich, Nappi, Starliner’s Organizations: CNN, NASA, Boeing, International Space, Officials, International, Harmony, Station Locations: New Mexico, Starliner, White Sands , New Mexico

☆ Southwest profit falls 46% as airline takes 'urgent' steps to increase revenue
▼ + stars: | 2024-07-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida. Shares of Southwest fell 4% in premarket trading Thursday. Revenue per available seat mile, a gauge of airline pricing power, fell 3.8%, roughly in line with Southwest's reduced forecast last month. Southwest reported adjusted per-share earnings of 58 cents a share, above analysts' expectations. The airline is in the middle of an overhaul as pressure mounts from investors to do more increase revenue.

Persons: Bob Jordan, Jordan Organizations: Southwest Airlines, Hollywood International Airport, Southwest, Boeing, Elliott Investment Management, Delta Air Lines, United Airlines Locations: Fort Lauderdale, Fort Lauderdale , Florida, U.S

☆ Boeing's crewed Starliner flight won't return until at least August, NASA says
▼ + stars: | 2024-07-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Boeing's crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight. Starliner capsule "Calypso," which carried NASA astronauts Butch Wilmore and Suni Williams to the ISS, has now been in space 50 days and counting. NASA needs to conduct a review that won't happen until the first week of August, Stich said, and only after that review will the agency schedule Starliner's return. Currently, the organizations are analyzing the thruster that was tested in White Sands and this weekend expect to have the Starliner capsule conduct test firings while docked with the ISS. Stich acknowledged again that NASA has contingency plans in case the agency determines that Starliner should return without Wilmore and Williams — alternatives that include using SpaceX's Dragon capsule to bring back NASA's astronauts.

Persons: Butch Wilmore, Suni Williams, Steve Stich, we're, " Stich, Stich, Williams Organizations: International, Station, NASA, Boeing Locations: White Sands , New Mexico, White Sands

☆ Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
▼ + stars: | 2024-07-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. The airline plans to start selling the first flights that will offer extra legroom next year, it said Thursday. When travelers choose a competitor over Southwest, the airline found in its research that its open seating model was the No. Rival carriers offer a host of options to upsell customers like extra legroom seats, premium economy or business class. Southwest will provide more details about the upcoming changes at an investor day at the end of September.

Persons: they'll, Bob Jordan, Jordan Organizations: Southwest, Southwest Airlines, Elliott Investment Management, Boeing, Federal Aviation Administration, Analysts Locations: Dallas, Delta, United

☆ American forecasts lower unit revenue, says took 'aggressive' action after sales strategy backfires
▼ + stars: | 2024-07-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California. American Airlines is forecasting a drop in unit revenue of as much as 4.5% for the third quarter as high demand failed to make up for an industry-wide glut of flights that have forced airlines to slash fares. The carrier's profit fell 46% during the second quarter even though revenues rose. The carrier has been grappling with an industry-wide oversupply of flights and a direct-to-consumer sales strategy it adopted that backfired. It said in an earnings release Thursday that it has "taken swift and aggressive action to reorient its sales and distribution strategy" after complaints from travel agents and customers.

Organizations: American Airlines Boeing, San Diego International Airport, San Diego , California . American Airlines Locations: Phoenix, San Diego , California, American

☆ Southwest Airlines is getting rid of open seating
▼ + stars: | 2024-07-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Southwest said customers were clamoring for these changes – when people switch to a competitor from Southwest, the company said the No. But the change will also help the company charge some passengers more for their tickets. “The research is clear and indicates that 80% of Southwest customers, and 86% of potential customers, prefer an assigned seat,” said the airline in a statement. Southwest doesn’t charge for carry on bags and has long allowed passengers to check two bags for free. The premium seats, which will offer more legroom, will not be available until 2025 as it will require reconfiguring its planes.

Persons: ”, Max Organizations: New, New York CNN, Southwest, United, Delta, Boeing Locations: New York, Southwest, Delta

☆ A Southwest flight came 150 feet from crashing in the sea. Experts suspect 'pure human error.'
▼ + stars: | 2024-07-25 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Read previewA Southwest Airlines flight that was diverted after a dangerously low descent was likely down to "pure human error," aviation experts said. A Southwest flight came dangerously close to the Courtney Campbell Causeway in Tampa. A dangerous patternIt's not the first time a Southwest flight has descended to a dangerously low altitude. In June the FAA said it was investigating a Southwest flight that dropped to 525 feet when it was 9 miles from landing in Oklahoma City. The FAA is also looking into another Southwest flight that descended to 400 feet above the ocean off the coast of Kauai, Hawaii, in April.

Persons: —, Max, Richard Curran, Mark Stephens, Curran, Courtney Campbell, Sridip Kumar Mishra, Stephens, Nancy Allen, it's, Robert Katz, Katz Organizations: Service, Airlines, Boeing, Business, Air Traffic Control, TV, Fox, Aviation Administration, Aviation Management, City University of London, Delta Air Lines, aj Airbus, Tampa Bay Times, Tampa International Airport, FAA Locations: Columbus , Ohio, Tampa , Florida, Fort Lauderdale, Tampa, Tampa Bay, Oklahoma City, Kauai, Hawaii, Southwest

☆ Gen X is in charge now and boomers are being shown the door
▼ + stars: | 2024-07-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Harris is 59 and was born October 20, 1964 — putting her just weeks outside the Gen X range which is generally thought to span 1965 to the early 1980s. His successor has not been confirmed, but one name being floated is his Gen X lieutenant Stephanie Pope. Could the House of Mouse soon have its first Gen X leader? The picture is not completely clear on how Gen X bosses differ from their predecessors on issues such as remote work and the role of AI in the workplace. AdvertisementIt won't be long, though, until Gen X has a majority grip over power.

Persons: —, Gen, Joe Biden's, Kamala Harris, Harris, Xer —, XCX, Joe Biden, Justin Sullivan, boomer Barack Obama, Donald Trump, Sen, JD Vance, Bush, Clinton, Biden, Obama, John McCain, Mitt Romney, HSBC's, Noel Quinn, Georges Elhedery, Xer, David Calhoun, Stephanie Pope, Dave Calhoun, Aaron Schwartz, Gen X, Ron Vachris, Craig Jelinek, Macy's, Tony Spring, Xers, Jamie Dimon, David Solomon, Goldman Sachs, Bob Iger, boomer Bob Chapek, Iger, Brendan McDermid, Tim Cook, Steve Jobs, Jensen Huang, Dimon, Jenn Piepszak, Troy Rohrbaugh, X'ers, JPMorgan Chase, Alex Brandon, Mouse, We'll Organizations: Service, Democratic Party, Business, Democratic, Trump, Boeing, Gen, Gen X Costco, Microsoft, Google, Walmart, Tesla, ExxonMobil, JPMorgan, Blackstone, septuagenarians, Disney, Apple Locations: BlackRock, Silicon Valley, America

☆ US Department of Justice finalizes plea deal with Boeing
▼ + stars: | 2024-07-24 | by ( Ramishah Maruf | Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice on Wednesday for the first time shared details of its finalized plea deal agreement with Boeing, in which the troubled aviation company will plead guilty to a felony charge of defrauding the US government. The plea deal is subject to approval of a federal judge. “We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs,” Boeing said in a statement. It had already paid half the fine as part of the original plea deal in 2021. The families of victims of two fatal crashes of the 737 Max oppose the deal, the Justice Department said.

Persons: “, Max, – Organizations: New, New York CNN, US Department of Justice, Boeing, Federal Aviation Administration, Justice Department, Alaska Airlines Locations: New York, United States

☆ U.S. finalizes details of Boeing 737 Max plea deal
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: +1 min

Boeing confirmed it had filed a detailed plea agreement with the Justice Department. "We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs," the company said. As part of the deal, the planemaker agreed to spend at least $455 million over the next three years to boost safety and compliance programs, the filing said. The deal also imposes an independent monitor, who will have to publicly file annual progress reports, to oversee the firm's compliance. Boeing will be on probation during the monitor's three-year term and it can be extended by a year if Boeing does not comply with the terms.

Persons: Reed O'Connor Organizations: Department, Boeing, Federal Aviation Administration, Justice Department, Max

☆ Farnborough Air Show kicks off with $51 billion in deals as Airbus shows off new ultra long-haul jet
▼ + stars: | 2024-07-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

An Airbus A321-XLR takes part in an air display on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. FARNBOROUGH, England – The Farnborough Air Show generated deals worth £39.3 billion ($50.8 billion) across its first day, the organizers of one of the biggest events in the aviation world calendar said, as Airbus showcased its new single-aisle long-haul jet. Korean Air signed for 40 wide-body jetliners from the U.S. plane-maker, while Japan Airlines placed a firm order for 10 of its 787-9 Dreamliners, with an option for 10 more. Budget Vietnamese carrier VietJet placed an order for 20 of Airbus's A330neo aircraft on Monday. Airbus meanwhile grabbed the attention of the thousands of trade delegates with an early afternoon display of the soon-to-launch A321XLR, set to be the world's longest-range single-aisle aircraft.

Organizations: Airbus, Farnborough Air, ADS, Boeing, Korean Air, Japan Airlines, Budget, Aer Lingus Locations: London, FARNBOROUGH, England, Farnborough, U.S, Iberia

☆ A Southwest Boeing 737 Max was just 150 feet above the ocean before being told to pull up, reports say
▼ + stars: | 2024-07-23 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

Read previewThe FAA is investigating after a Southwest Airlines plane flew dangerously close to the ocean. The FAA told BI it had opened an investigation. It's the third report of a Southwest flight descending to a dangerously low altitude this year. In June, the FAA said it was investigating a Southwest flight that descended to 525 feet nine miles out from Will Rogers World Airport in Oklahoma City. AdvertisementThe FAA is also investigating another Southwest flight that was just 400 feet above the ocean off the coast of Kauai, Hawaii, in April, Bloomberg first reported.

Persons: —, Max, Courtney Campbell, Kent Davis, Will Organizations: Service, Southwest Airlines, Boeing, CNN, Fox, Business, Tampa International, Federal Aviation Administration, FAA, Pilots, Will Rogers, Airport, Bloomberg Locations: Columbus , Ohio, Tampa , Florida, Fort Lauderdale, Oklahoma City, Kauai, Hawaii

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