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☆ China's growing aircraft carrier fleet is set to narrow the gap with the US Navy in carrier superiority
  + stars: | 2024-09-10 | by ( Hope Seck | Sandboxx News | ) www.businessinsider.com   time to read: +6 min
Read previewHistorically, the US aircraft carrier fleet has been a showcase of American military superiority. "If all [China] wanted to do was protect [its] coastline, which is what they did for a long time, they wouldn't need aircraft carriers. He predicted that the US would see Chinese carriers operating off the coasts of California and Mexico within a decade. Russia's only aging aircraft carrier, the Adm. Kuznetsov, has been in service-life-extension overhaul since 2017. "Aircraft carriers exist because airplanes are useful.
Persons: —, Gerald R, J, Michael Dahm, Peter W, Singer, Bryan McGrath, McGrath, Dwight D, Eisenhower, Kuznetsov Organizations: Service, US, Navy, Business, Nimitz, Ford, DefenseOne, Sandboxx News, Hamas, Carrier, Aircraft, Sandboxx Locations: Spain, Turkey, South Korea, China, Fujian, Liaoning, Philippines, Thailand, Japan, Korea, Australia, Israel, Gaza, California, Mexico
☆ Boeing just made its last-ever 747 jumbo jet, ending a 5-decade era. See 7 ways the Queen of the Skies changed the industry forever.
  + stars: | 2023-02-03 | by ( Taylor Rains | ) www.businessinsider.com   time to read: 1 min
However, both VIP jets are being upgraded to the more efficient and longer-ranged 747-8i variant, though they will not be able to refuel in the air and the timeline for delivery has been pushed from 2024 to potentially 2028. Trump exiting Air Force One. Joe Raedle/Getty ImagesSource: DefenseOne, Boeing's new Air Force One jets are so late that the old ones may need to keep flying until 2028, costing taxpayers $340 million: report
☆ The last Boeing 747 has rolled off the assembly line, ending a more than 5-decade era. See 7 ways things the jumbo jet changed the industry forever.
  + stars: | 2022-12-19 | by ( Taylor Rains | ) www.businessinsider.com   time to read: 1 min
However, both VIP jets are being upgraded to the more efficient and longer-ranged 747-8i variant, though they will not be able to refuel in the air and the timeline for delivery has been pushed from 2024 to potentially 2028. Trump exiting Air Force One. Joe Raedle/Getty ImagesSource: DefenseOne, Boeing's new Air Force One jets are so late that the old ones may need to keep flying until 2028, costing taxpayers $340 million: report
☆ Boeing Has Lost Another $766 Million on Trump's Air Force One Deal
  + stars: | 2022-10-28 | by ( Stephen Jones | ) www.businessinsider.com   time to read: +3 min
Boeing lost $766 million in Q3 on the project to build Air Force One aircraft. Boeing bears the cost of any delays under a deal struck with the Trump administration. At the time Boeing said it had lost a total of $1.14 billion, including a further $660 million in the first quarter, on the planes, per an SEC filing. However, DefenseOne estimates that the total costs could be above $5.3 billion, citing Air Force officials and Pentagon budget documents. On Wednesday's call, Brian West, Boeing's chief financial officer, said that labor stability had been "magnified" on the Air Force One project and another project to build KC-46A Tankers due to the fact that workers need security clearances.
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