Radian Aerospace, a Seattle-based company, is developing a single stage to orbit spaceplane for missions to low earth orbit, including the International Space Station. The company just completed the initial ground taxi tests with its prototype flight vehicle, PFV01 in…
Boeing is a company in need of cultural change. Labor relations, which have been strained for decades at the company, is an area that new CEO Kelly Ortberg cited shortly after his hiring as a target for restoring trust. Unfortunately,…
Today’s key news focuses on the IAM negotiations and Boeing’s cancellation of health insurance for striking employees, the potential impact of the port strike on Airbus and Boeing east coast facilities, and how faulty parts that caused a rudder problem…
Eviation announced that UrbanLink Air Mobility, a South Florida-based leader in Advanced Air Mobility (AAM), has signed a Letter of Intent (LOI) for ten Alice commuter aircraft, with the option to acquire ten additional planes. UrbanLink is building a fleet…
Airbus got two pieces of good news today. AerCap Holdings signed lease agreements for six new A320neo Family aircraft with a new customer, Azerbaijan Airlines. The deal includes three A320neos and three A321neos, scheduled for delivery in 2026. Airbus announced…
Today’s key news focuses in on Boeing raising equity to shore-up a weak balance sheet. The company, expected to burn another $3 billion in Q3 after burning through $8.2 billion in the first half of 2024, is running low on…