The aircraft will be flying from the Gripen Flight Test Center at Embraer’s facilities in Gaviao Peixoto in southeast Brazil. The Brazilian air force’s Saab F-39E Gripen fighter has started a supersonic flight test phase. The aircraft will be flying from the Gripen Flight Test Center at Embraer’s facilities in Gaviao Peixoto in southeast Brazil, the air force says on 3 March. Source: Saab The Brazilian air force’s Saab F-39E...Continue Reading
US cargo carrier FedEx is investing more than $2 billion as part of an effort to achieve carbon-neutral operations across its global network in 20 years. US cargo carrier FedEx is investing more than $2 billion as part of an effort to achieve carbon-neutral operations across its global network in 20 years. The Memphis, Tennessee-headquartered company says on 3 March it is focusing on three areas to achieve this goal: vehicle electrification, sustainable...Continue Reading
The innovation-finance arm of American Express is the latest company to invest in Denver-based supersonic aircraft maker Boom Supersonic. The innovation-finance arm of American Express is the latest company to invest in Denver-based supersonic aircraft maker Boom Supersonic. Boom says it received an investment of undisclosed sum from American Express Ventures, which has helped fund dozens of start ups in several industries. Source: Boom Supersonic A digital rendering of Boom...Continue Reading
A second General Atomics Aeronautical Systems’ Avenger Extended Range (ER) unmanned air vehicle (UAV) received an Experimental Certificate from the Federal Aviation Administration. A second General Atomics Aeronautical Systems’ Avenger Extended Range (ER) unmanned air vehicle (UAV) received an Experimental Certificate from the Federal Aviation Administration. The certificate will allow the company-owned aircraft to operate within the US National Airspace System, the company says on 3 March. The first Avenger...Continue Reading
Bombardier aims to achieve 20% profit margins by 2025 through a mix of cost cutting, corporate restructuring, improved productivity, aftermarket expansion and increased sales of high-profit business jets. Bombardier aims to achieve 20% profit margins by 2025 through a mix of cost cutting, corporate restructuring, improved productivity, aftermarket expansion and increased sales of high-profit business jets. Executives of the company, which lost $568 million in 2020, laid out that plan...Continue Reading
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