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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mesa Air Completes Second Closing On Secured Loan Facility

WIL BALDWIN November 16, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act). The Loan Agreement…

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Airbus Signs Contract for 38 Eurofighters with Germany

WIL BALDWIN November 15, 2020

Airbus has signed a contract to deliver 38 new Eurofighter aircraft to the German Air Force. This makes Germany the largest ordering nation in Europe's biggest defence programme. The order, also known by its project…

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Happy 100th Birthday, Qantas Airlines!

WIL BALDWIN November 15, 2020

Queensland and Northern Territory Aerial Services (QANTAS) today marks 100 years since it was founded in the Australian outback. On 16 November 1920, two veterans of the Australian Flying Corps, Hudson Fysh and Paul McGinness,…

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Boeing Forecasts Strong Growth in China’s Aviation Market

WIL BALDWIN November 15, 2020

Boeing [NYSE: BA] expects China’s airlines to acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1.7 trillion over the next 20 years, reflecting an expected robust recovery following the…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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Boeing Secures Over $800M in Middle East Training and Support Contracts

WIL BALDWIN November 11, 2020

- Qatar Emiri Air Force to receive aircrew and maintenance training support for F-15QA aircraft - Comprehensive support includes pre-delivery training and maintenance, and in-country services support Boeing [NYSA: BA] today acknowledged three foreign military…

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KiwiRail Names New Tar Barrel Tunnel Bypass

WIL BALDWIN November 2, 2020

“The name Ruakanakana is associated with a pā site beside Lake Elterwater that was occupied by the renowned chief Te Rakaitauheke of the Ngāti Kurī hapū of Ngāi Tahu.“The Main North Line runs alongside Lake…

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Boeing Wins Contract for Two More KC-46 Tankers for Japan

WIL BALDWIN November 1, 2020

The U.S. Air Force has exercised the option for the Japan Air Self-Defense Force’s (JASDF) third and fourth Boeing [NYSE: BA] KC-46 tanker through the Foreign Military Sale (FMS) process. “Japan’s new tankers will play…

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Boeing Reports Third-Quarter Results

WIL BALDWIN October 28, 2020

- Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding - Proactively managing liquidity and transforming for the future - Revenue of $14.1 billion, GAAP loss per share of ($0.79) and core (non-GAAP)*…