GAO: Only three of 46 piloted Pentagon aircraft met their annual mission capability

GAO: Only three of 46 piloted Pentagon aircraft met their annual mission capability

Only three of 46 piloted Pentagon aircraft met their annual mission capability (MC) goals in a majority of the years between fiscal years (FYs) 2011–19, according to a new report. The Government Accountability Office (GAO), in a report released on...
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IATA: Airlines need another $80 billion in aid to survive

IATA: Airlines need another $80 billion in aid to survive

Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned. “We are extremely grateful to them for having injected $160 billion into...
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Argentina Approves Wealth Tax On Millionaires

Argentina Approves Wealth Tax On Millionaires

In an early glimpse of what wealth redistribution will look among developed nations in coming years, on Wednesday the lower house of Argentina’s Congress approved a bill seeking to raise 300 billion pesos ($3.75 billion) through a tax on the...
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AAA-Rated Chinese State-Owned Coal Miner Defaulted

AAA-Rated Chinese State-Owned Coal Miner Defaulted

Sudden Default By AAA-Rated Chinese State-Owned Coal Miner Sends Shockwaves Across Markets,  Something unexpected happened in China last week and it triggered a shockwave across Chinese bond markets. The abrupt 1 billion yuan ($151 million) bond default on Fr...
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U.S. occupation forces have been spotted fleeing Syria

U.S. occupation forces have been spotted fleeing Syria

Syria exit in progress. U.S. convoys seen withdrawing from northeast Syria to Iraq. The US Army withdrew a number of its vehicles and soldiers from eastern Syria towards the northern region of Iraq, while it imposed a security cordon around a...
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Airbus and Boeing Report October 2020 Orders

Airbus and Boeing Report October 2020 Orders

Boeing and Airbus delivered 13 and 72 commercial jets in October 2020, compared to 19 and 76 deliveries, respectively, in the same month last year. For Airbus, the month of October was the strongest since the COVID-19 pandemic began. With...
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Lakhta Center – Skyscraper Of The Year

Lakhta Center – Skyscraper Of The Year

For the first time in its two-decade history, the annual Emporis Skyscraper Awards, the world’s most distinguished prizes for high-rise architecture, awarded a Russian project. The Lakhta Center skyscraper in St. Petersburg received the “skyscrape...
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Nvidia now powers a majority of the world’s top 500 supercomputers

Nvidia now powers a majority of the world’s top 500 supercomputers

70 percent of TOP500’s latest list of the most powerful supercomputers use Nvidia technology. TOP500 has released the 56th edition of its list of the top 500 supercomputers in the world revealing that nearly 70 percent of them are now powered by Nvid...
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Embraer Report Deliveries in 3Q

Embraer Report Deliveries in 3Q

Embraer delivered a total of 28 jets in quarter three, of which seven were commercial aircraft and 21 were executive jets (19 light and 2 large). As of Sept. 30, the firm order backlog totaled $15.1 billion. During quarter three,...
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