Boeing, its suppliers and some weaker airline credits could come under credit ratings pressure this year if complex safety problems are identified with the 737 Max, Fitch Ratings warns. Powered by WPeMaticoContinue Reading
The US Air Force is requesting $35 million from the US Congress to continue its light attack experiment in 2019 with the purchase of several aircraft from Sierra Nevada-Embraer and Textron. Powered by WPeMaticoContinue Reading
American Airlines, Southwest Airlines and United Airlines are the three US carriers impacted by the Federal Aviation Administration’s decision to ground all Boeing 737 Max aircraft following two fatal crashes since October. Powered by WPeMaticoContinue Reading
The US government has ordered Boeing’s 737 Max grounded, marking an about-face for the Federal Aviation Administration that, as recently as last night, declined such a move despite a building worldwide wave of 737 Max groundings. Powered by WPeMaticoContinue Reading
As part of its fiscal year 2020 budget proposal, the Pentagon is requesting billions from the US Congress to further research and development work on new aircraft, as well as funds to improve the day-to-day flight readiness of its current fleet. Powered by WPeMaticoContinue Reading
The US Federal Aviation Administration (FAA) reiterates that it has seen “no basis” to order a grounding of the Boeing 737 Max, as the USA remains the prominent outlier among a handful of countries that have not suspended operations with the aircraft after the fatal Ethiopian Airlines crash on 10 March. Powered by WPeMaticoContinue Reading
Boeing continues to stand behind the safety of the 737 Max, issuing a statement saying it has “full confidence” in the type even as multiple civil aviation authorities and airlines outside North America ground the Max. Powered by WPeMaticoContinue Reading
The Atlas Air Boeing 767 Freighter that crashed last month was flying in turbulence and had pitched nose up before control column movement put the aircraft into a fatal dive, according to the National Transportation Safety Board. Powered by WPeMaticoContinue Reading
The US Marine Corps (USMC) retired its last Northrop Grumman EA-6B electronic warfare aircraft on 8 March, marking an end to operations with the venerable “Prowler”. Powered by WPeMaticoContinue Reading
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