Aviation

RTX Engine Recall

RTX corporation stated in July that it suspected contaminated metal in engines the company provided for Airbus jets. RTX stated that the contaminated metal could hinder functionality and pose a safety concern for any plane using the engine. As a result, the company is issuing a recall of hundreds of engines which could cost the company $7 billion in repairs and compensation.

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India's Indigo Makes Largest Civil Aircraft Purchase in History

In the largest civil-aviation deal in history the Indian airline company Indigo announced on Monday that it will be purchasing 500 Airbus jets in a deal valued at $50 billion.

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United Announces Family Friendly Seat Policy

United Airlines said Monday that new technology will open up more seats on its flights so children can sit with an adult in their party without paying a fee, a type of charge that’s drawn scrutiny from the Biden administration in recent months.

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Boeing Reports Big Loss in Q4

Boeing reported an over $650 million operating loss in the fourth quarter, taking many Wall Street analysts by surprise who had anticipated that the aerospace giant would turn a quarterly profit.

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United Kingdom Looks to Hypersonic Aircraft

Currently, the U.K.-led military project has been operating out of Oxfordshire in which they believe they can successfully manufacture an unmanned aircraft capable of carrying out multiple missions with the ability to travel at 3,800 mph.

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Boeing Offers Air India Jets Previously Designated for China

Boeing is offering 737 Max jets once slated for Chinese customers to Air India as the planemaker tries to offload some of the roughly 140 aircraft it’s currently not allowed to deliver.

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American Airlines and JetBlue Face Antitrust

American Airlines and JetBlue have recently entered into an agreement that has sparked concern for competition throughout the airline industry. The two companies agreed back in 2020 to sell seats on one another’s flights, pool airport slots, and coordinate schedules, especially throughout the New York and Boston areas.

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American Airlines Makes Big Bet on the Future

American Airlines has agreed to buy 20 Boom Supersonic Overture passenger jets, which are expected to carry passengers at twice the speeds of conventional passenger aircraft.

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Spirit Declines JetBlue Acquisition Offer of $3.6 Billion

Spirit Airlines Was met with a counteroffer to their initial plans to merge with Frontier Group Holdings Inc. The merger, which is valued at $2.9 billion, was met with a counteroffer by JetBlue Airways offering Spirit a $3.6 billion takeover

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Boeing Seeking Alternative to Russian Titanium

Boeing is considering alternative sources for obtaining Titanium as Western sanctions limit supply out of Russia.Following the Russian invasion of Ukraine Boeing has suspended all imports of Russian titanium which accounted for nearly one-third of the company’s supply; however, Boeing still purchases titanium from one of Putin’s former KGB colleagues Sergey Chemezov

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American Airlines Cancels 1,900 Flights

American Airlines has cancelled more than 1,900 flights over the weekend, the latest among many of cancellations by major airlines to disrupt travelers’ plans, as the industry struggles to steady itself a year and a half into the pandemic

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Southwest Cancels Over 1,000 Flights Amid Union Fight

According to FlightAware, a website that tracks cancellations and delays, Southwest has canceled 1,018 flights and had 597 flights delayed on Sunday alone. On Saturday, the airline canceled 808 flights and had 1,187 flights delayed

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DOJ Pursuing Lawsuit Against JetBlue & American Airlines

The Department of Justice (DOJ) recently announced that it is suing two of the major airlines yesterday, stating that the companies in question have created an “alliance” that allowed them to raise prices and create less choices for air passengers traveling to and from locations in certain regions of the United States, specifically the Northeast. The two airlines in question, JetBlue and American Airlines, had created the “Northeast Alliance” that operates out of four major airports in Northeastern United States just last year

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United Just Paid $3B for Supersonic Jets

United placed a $3 billion order for 15 supersonic jets from Boom Supersonic last week with room to expand the deal for another 35. The company also has similar deals being tenured. The new jet age has arrived. United is the first big money in, if Boom is able to pass safety inspections, the company may find itself owning the largest commercial aviation of the 21st century

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Flying Taxis

Several companies have been working towards the development of a flying taxi, but one specific company has been receiving growing support from investors. Vertical Aerospace Group Ltd. is a U.K. based company that is currently in the development of electric air taxis that will undergo their first test flight later this year. The electric aircraft’s movement will function similar to that of a helicopter and will be able to carry a total of four passengers

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GE Nearing Massive Deal with AerCap

03.08.21 - General Electric is reportedly nearing a deal to combine its jet-leasing business with AerCap, in a potential deal that would combine the world’s two biggest aircraft financiers in a market severely disrupted by the coronavirus pandemic

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Southwest Flying Towards New Territory

11.16.20 - As airlines have limped along through the COVID-19 pandemic, Southwest is doing no such thing. Southwest is aggressively expanding to quickly grab more market share while it’s competitors are weak. The airline plans to have over 10 new cities by the end of 2021. While other airlines went to the government hat in hand in search of federal aid this March, Southwest was in no hurry

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Air Force Purchase of Chinese Drones Raises Security Concerns

11.02.20 - The U.S. Air Force recently bought dozens of Chinese-made drones to use for testing and training purposes, according to officials and records of the purchase, fueling heated concerns about continued Defense Department use of technology that lawmakers consider a potential threat to national security

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