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Boeing Building 4 Additional 702X Satellites for mPOWER Fleet

WIL BALDWIN August 8, 2020

Expanded SES constellation to deliver enhanced global connectivity services Boeing [NYSE: BA] has received a contract to build four additional 702X satellites from SES as the leading global content connectivity provider increases the number of O3b…

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Freighters To The Rescue: Korean Air Posts Q2 Profit

WIL BALDWIN August 8, 2020

Korean Air leveraged its cargo operation to turn a profit in the second quarter when nearly every other passenger airline has reported enormous losses after COVID-19 travel restrictions brought most flight operations to a standstill. …

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Garmin Autoland Achieves EASA and FAA Certification on Daher TBM 940

WIL BALDWIN August 6, 2020

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced European Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) certification of Autoland in the Daher TBM 940. The Garmin Autoland system is available as…

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Swiss Army Chooses Lockheed Martin’s Indago 3 UAS For Tactical Reconnaissance And Surveillance

WIL BALDWIN August 4, 2020

Armasuisse contracted Lockheed Martin (LMT) for a fleet of Indago 3 small unmanned aircraft systems (UAS), with options for spares, training and tech support and additional systems for the Swiss Army. Indago provides aerial reconnaissance in environments…

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Cargo Airline Cashing in on Junk-Bond Boom

WIL BALDWIN August 4, 2020

At a little-known cargo airline that handles shipments for United Parcel Service Inc. and Amazon.com Inc., business is booming. With passenger carriers forced to cut most of their freight capacity during the pandemic, seven-year-old Western…

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Boeing’s Arizona Modification Line Yields First QF-16 Full-Scale Aerial Target

WIL BALDWIN August 2, 2020

A team from Boeing [NYSE: BA] and the U.S. Air Force completed the first QF-16 Full-Scale Aerial Target to undergo conversion from a modification line in Arizona. The aircraft was flown last month to Tyndall…

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Airbus Offers Subsidy Concession to End U.S. Tariffs

WIL BALDWIN July 26, 2020

PARIS (Reuters) - Europe's Airbus <AIR.PA> said on Friday it would increase loan repayments to France and Spain in a "final" bid to reverse U.S. tariffs and jog the United States into settling a 16-year-old…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

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Embraer Delivers Four Commercial and 13 Executive Jets in 2Q20

WIL BALDWIN July 22, 2020

Embraer (NYSE: ERJ) delivered a total of 17 jets in the second quarter of 2020, of which four were commercial aircraft and 13 were executive jets (nine light and four large). As of June 30,…

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Upcoming SpaceX Anasis-II Mission Launch Scheduled for July 20th

WIL BALDWIN July 20, 2020

SpaceX is targeting Monday, July 20 for Falcon 9’s launch of the ANASIS-II mission, which will lift off from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station in Florida. The primary launch…