Boeing

General Electric (NYSE:GE) saw revenues decline 3 percent in the fourth quarter from the same period in 2020, the company said during its earnings call Tuesday. The company also reported a 2 percent drop for all of 2021. Despite beating expected earning predictions for the quarter, revenue fell slightly from $21 billion in 2020 to […]

The Federal Aviation Administration has issued an airworthiness directive (AD) for Boeing aircraft stemming from the use of 5G wireless towers. According to the AD released Tuesday, the radio altimeters on Boeing 777s and 747-8s can “experience interference” from 5G C-band wireless towers.  The AD is slated to be published in the Federal Register on […]

Electric vertical takeoff and landing developer plans largest air taxi fleet in the industry.

American Airlines reported fourth-quarter revenue of $9.4 billion on Thursday. Even though that number represents a 17 percent drop from the same period in 2019—the last normal year of travel—it was the highest revenue the airline has achieved throughout the pandemic.  The airline says this is a signal that people want to travel—even with the […]

In reporting its fourth-quarter results, United Airlines (NASDAQ:UAL) said it faced  “headwinds” from the emergence of the omicron variant of COVID-19 that have hurt demand for travel and are expected to slow its overall recovery. However, the company said it expects stronger performance this spring and summer. For the quarter, the Chicago-based airline reported revenue […]

Teaming up formations of manned aircraft and drones ‘opens up a whole range of tactics that we currently would not contemplate,’ Air Force Secretary Frank Kendall said Wednesday.

New system will help the Air Force achieve a 30 percent improvement in fuel efficiency for the iconic bomber.

After a challenging year in 2021—in which its rival delivered nearly twice as many commercial airframes—Boeing (NYSE:BA) released its fourth-quarter deliveries report Tuesday. Highlights from the report include: Boeing delivered 84 of its 737s in the fourth quarter, more than 31 percent of those sold in 2021. Across its entire commercial fleet, which includes the […]

The Washington State Department of Commerce awarded ZeroAvia a $350,000 grant to support its site selection at Paine Field Airport (KPAE) in Snohomish County, Washington. The company received the support of the Economic Alliance Snohomish County (EASC), which requested the funds to convert warehouses at Paine Field to research and development space. In a joint […]

Sir Richard Branson’s Virgin Orbit, a satellite launch and services company, will officially become a publicly traded company following its merger with NextGen Acquisition Corp. II (NASDAQ: NGCA).