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Boeing 777 Freighter Joins the Volga-Dnepr Group

WIL BALDWIN August 17, 2020

- 777 Freighter’s superior range and efficiency to complement Volga-Dnepr’s fleet - Volga-Dnepr becomes the 19th operator of the large-capacity twin-engine freighter. A Boeing [NYSE:BA] 777 Freighter today joined the Volga-Dnepr Group fleet of 24…

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Air New Zealand Cancels Outbound Service to Rarotonga

WIL BALDWIN August 16, 2020

After consultation with the New Zealand Ministry of Health, Air New Zealand has made the decision not to carry customers on flight NZ946 from Auckland to Rarotonga on Saturday 15 August. The service will still operate outbound…

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JetBlue is First U.S. Airline to Achieve Carbon Neutrality for All Domestic Flying

WIL BALDWIN August 16, 2020

JetBlue (Nasdaq: JBLU) today announced it has followed through on its commitment to go carbon neutral on all domestic flights. Earlier this year, JetBlue became the first major U.S. airline to commit to this critical and measurable…

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U.S. Leaves Tariffs on Airbus Aircraft Unchanged at 15%

WIL BALDWIN August 12, 2020

WASHINGTON (Reuters) - The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus <AIR.PA> aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a 16-year-old…

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Boeing Delivers Interceptor Proposal to U.S. Missile Defense Agency

WIL BALDWIN August 12, 2020

Today, Boeing [NYSE: BA] submitted its offer to the U.S. Missile Defense Agency for the Next Generation Interceptor (NGI) competition, proposing a design that leverages the company’s more than 60-year track record and expertise in…

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Tesla Announces a Five for One Stock Split

WIL BALDWIN August 12, 2020

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make…

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Cathay Pacific Posts Record $1.27 Billion First Half Loss

WIL BALDWIN August 12, 2020

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd reported a record HK$9.87…

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Siemens Mobility Awarded Billion-Euro Order for Deutsche Bahn High-Speed Trains

WIL BALDWIN August 10, 2020

Beginning in 2022, DB will expand its mainline fleet with 30 new high-speed trains. Deutsche Bahn has awarded the billion-euro order to Siemens Mobility. DB called for tenders at the end of 2019 when the…

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Embraer Announces Phenom 300MED Light Jet Medevac Solution

WIL BALDWIN August 9, 2020

Embraer today announced the Phenom 300MED, a unique Medevac solution for Phenom 300 series aircraft, which is also available for retrofit, through a partnership with umlaut and Aerolite. Embraer and umlaut are jointly developing and…

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Alstom Begins Validation Tests on Azerbaijan Freight Locomotives

WIL BALDWIN August 9, 2020

Alstom has launched the validation test campaign for the Prima T8 AZ8A freight locomotives in Azerbaijan on the main freight transit line, which has recently been converted from 3kV DC to 25kV AC. In 2014,…