Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance. Continue reading
(UBER) – Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday (November 8). Continue reading
The U.S. Commerce Department has slapped preliminary anti-subsidy duties on Bombardier’s CSeries jets after rival Boeing accused Canada of unfairly subsidizing the aircraft. As Laura Frykberg reports, the move is likely to strain trade relations between the neighbours and cause problems in Britain where Bombardier’s Northern Ireland factory employs thousands. Continue reading
Iran expects to get its first new jet within weeks under a multi-billion-dollar deal with Airbus for 100 planes, a senior official said on Monday, as Tehran and Western firms race to reopen trade
U.S. President-elect Donald Trump took aim at another major defense contractor on Monday, saying the cost of Lockheed Martin’s F-35 fighter jet program was too high. Conway Gittens reports. Continue reading
Trump tweets Lockheed Martin’s F-35 fighter jet costs are too high. Lockheed stock drops in early trading.
Four billion dollars for a multi-year budget for the planes that comprise Air Force One is not going to make a dent in a $4 trillion a year federal government budget, says Max Wolff, market strategist at 55 Capital.
U.S. President-elect Donald Trump criticizes Boeing’s new Air Force One as too expensive after earlier urging the government to cancel the company’s contract on Twitter.
White House says it will not sign any legislation that would undermine the ability to implement the Iran nuclear deal.
Amazon’s first branded cargo plane took to the skies in Seattle during Boeing Seafair’s Air Show