Boeing: More 737 MAXs canceled and no passenger jets delivered

Boeing: More 737 MAXs canceled and no passenger jets delivered

The devastating airline downturn effectively paralyzed Boeing’s passenger jet business in May. For the month, Boeing delivered a paltry four military airplanes, not one of those a passenger jet, and only took in new orders for a net gain of...
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Qatar Airways will not take new planes this year or next

Qatar Airways will not take new planes this year or next

Qatar Airways will not take any new planes ordered from Boeing or Airbus in 2020 or 2021, Chief Executive Officer Akbar al-Baker said on Wednesday, adding there would be a knock-on effect on future deliveries due to the coronavirus pandemic....
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World’s First Passenger Drone Service At Luxury Hotel

World’s First Passenger Drone Service At Luxury Hotel

An autonomous aerial vehicle technology company called Ehang has launched the world’s first commercial Urban Air Mobility (UAM) service in China. The EHang 216 drone can carry fly two human passengers, has been exhibited in China and Europe over t...
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GE Aviation delivers first KF-X engine

GE Aviation delivers first KF-X engine

The US-based powerplant manufacturer announced the milestone on 4 June, noting that the first F414-GE-400K engine was delivered in May. Korea Aerospace Industries (KAI) selected GE Aviation in May 2016 to partner on the KF-X project, with an initial 15...
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Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system

Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system

The U.S. Air Force has issued a broad agency announcement to seek technical proposals for a potential $400M program that aims to advance prototyping and experimentation work on Skyborg unmanned air vehicles. A notice last week says the Skyborg Prototyping,...
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IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines

IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines

IndiGo and GoAir’s P&W engine-powered A320neo planes have been facing glitches over the past few months causing large-scale flight disruptions affecting thousands of passengers and raising safety concerns. In the wake of coronavirus-induced lockdown,...
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All-Electric Cessna Aircraft Makes Maiden Flight

All-Electric Cessna Aircraft Makes Maiden Flight

The world’s largest all-electric-powered utility aircraft conducted its maiden flight on Thursday, reported Flight Global. The electric-powered Cessna 208B Caravan is a utility aircraft produced by Cessna Aircraft Company, has been traditionally ...
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Boeing Sees No Recovery In Air Travel For Years

Boeing Sees No Recovery In Air Travel For Years

Boeing CEO Dave Calhoun has just released an update on this week’s layoffs. He said involuntary layoffs have begun, a total of 6,770 US workers will be cut this week, adding that work reduction programs have already gone into effect for the company&...
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Sinking Lufthansa agrees to $10 Billion state rescue package

Sinking Lufthansa agrees to $10 Billion state rescue package

After weeks of “intensive negotiations” between Berlin and Germany’s flagship carrier Lufthansa, an agreement has been reached on €9 billion state bailout aid. As part of the deal, the government will take a 20 percent stake in Lufthansa, as well as.....
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United Airlines Needs 3,000 Of Its 25,000 Flight Attendants

United Airlines Needs 3,000 Of Its 25,000 Flight Attendants

Nothing paints a better picture of how bad things have gotten for the airline industry – and for its working class – than the fact that United Airlines is barely using over 10 percent of its flight attendant staff. The...
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Warren Buffett’s Berkshire Hathaway Liquidates All US Airlines Holdings

Warren Buffett’s Berkshire Hathaway Liquidates All US Airlines Holdings

Berkshire Hathaway had held sizeable positions in the major US airlines, including an 11% stake in Delta Air Lines, 10% of American Airlines, 10% of Southwest Airlines and 9% of United Airlines at the end of 2019, according to its annual report and comp...
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Lufthansa to Cut 95% of Flights

Lufthansa to Cut 95% of Flights

Lufthansa to cut 95% of the fleet in survival mode. Three of the world’s leading airlines laid bare the devastation the epidemic is inflicting on air travel, with Deutsche Lufthansa AG and Delta Air Lines Inc. parking a total of 1,500...
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Boeing Seeks “A Minimum $60 Billion” Government Bailout

Boeing Seeks “A Minimum $60 Billion” Government Bailout

Aerospace giant Boeing seeks “a minimum $60 Billion” government bailout after fully drawing-down $13 Billion credit line. This bailout demand comes after the company blew nearly $100 billion on  stock buybacks since 2013helping push its stock to...
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IATA: Airlines Urgently Need $200B In Capital

IATA: Airlines Urgently Need $200B In Capital

Global airlines running out of cash, need government support. Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on...
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Airbus steamrolled Boeing with record jet deliveries

Airbus steamrolled Boeing with record jet deliveries

Boeing’s European rival Airbus wants to break its own record and bring aircraft deliveries to a new all-time high in 2020, as the American planemaker continues to struggle with the aftermath of the 737 MAX crisis. Airbus’s clients received a...
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