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United States aviation news

United orders 25 more Boeing 737 worth $2 billion: sources

Boeing Co  has won an order for 25 current-generation Boeing 737 aircraft from United Continental Holdings Inc (UAL.N), beating rivals including Canada's Bombardier Inc (BBDb.TO) for the second time in a month, two industry sources said on Monday. The deal, which is said to involve the 126-seat 737-700 model, would be worth just over $2 billion at list prices. Boeing and United both...

Two Aerospace Giants Held Merger Talks

 Aerospace component suppliers HoneywelInternational and United Technologies have held talks about a merger, CNBC reported on Monday, citing people familiar with the situation. A deal would create a company with combined sales of more than $90 billion, combining a maker of jet engines with a supplier of airplane cockpits. United Tech’s shares, part of the Dow Jones industrial...

Muilenburg Elected Chairman of Boeing Board of Directors

The Boeing board of directors has elected Dennis A. Muilenburg as its next chairman, effective March 1. He succeeds W. James (Jim) McNerney, Jr., who is stepping down from the board, while Boeing independent Lead Director Kenneth M. Duberstein continues in that role. Muilenburg, 52, succeeded McNerney as Boeing’s 10th chief executive and joined the board last July. At that time, McNerney,...

XTI Aircraft Company to Create Liquidity for Its Shareholders

XTI Aircraft Company (XTI) today announced that it will establish an over-the-counter secondary market so current and future shareholders will have the ability to buy and sell XTI shares on a public market.  After garnering $20.6 million in non-binding expressions of interest, the excitement around the TriFan 600 and interest by investors in the company's equity crowdfunding...

Second Boeing 737-8 MAX Emerges From Factory

The second Boeing 737-8 MAX has emerged from the paint shop. Photos By: Brandon Farris / Published: February 20, 2015 On a rainy night, similar to the morning of the first Boeing 737-8 MAX First Flight, the second Boeing 737-8 MAX emerged on the company’s Renton Flight Line this week.  It adorns a “Light” Company scheme similar to what we’ve previou...

Fourth Gulfstream G500 test aircraft completes first flight

Gulfstream Aerospace Corp. today announced that the fourth Gulfstream G500 test aircraft, T4, has completed its first flight and officially joined the G500 flight-test program.  The G500 took off from the Savannah-Hilton Head International Airport at 9:47 a.m. on Saturday, Feb. 20, with Flight Test pilots Eric Holmberg and Brian Dickerson at the controls. Flight Test engineers Dominic...

Helicopter crashes into Pearl Harbor

A private helicopter with five people on board crashed Thursday into Hawaii’s Pearl Harbor, leaving a teenager in critical condition, officials said. The Bell 206 aircraft made a hard landing and sank near the Pearl Harbor Visitor Centre, a popular tourist destination on Oahu, US Navy spokeswoman Agnes Tauyan said. The names of the five people on board were not immediately released....

The 'great engine game' behind new Boeing jet project

Aircraft engine makers are placing bets that could reshape their industry for decades as Boeing weighs a novel design for an airplane with 240-250 seats - a neglected area of the jet market. The plane is designed to fill a slender gap between narrow-body jets, which typically have 150-200 seats, and intercontinental planes with 250 or more. Competition to get onboard would usually be a skirmish...

Boeing gets U.S. license to talk deals with Iranian airlines

Boeing Co said on Friday that the United States gave it a license to hold talks with airlines in Iran about buying jetliners, but said it would need additional U.S. approval to make sales. Boeing's license, received on Thursday, marked a step toward catching up with European rival Airbus, which last month agreed to sell Iran 118 planes worth about $27 billion at list prices. "We hav...

Virgin Galactic rolls out 'Unity,' its first new space plane since 2014 crash

Virgin Galactic is getting ready to fly again. Sixteen months after a fatal accident sidelined the private spaceflight company, Virgin Galactic presented its new and improved space plane designed to bring paying space tourists into suborbital space and back home again. Virgin Galactic’s new SpaceShipTwo, named Unity because of an idea from cosmologist Stephen Hawking, rolled out in the...

Dodgers announce partnership with Emirates

The Dodgers have seen their global footprint expand in recent years under new ownership, and they plan to continue to grow their brand overseas with the aid of a new partnership with Emirates, the world's largest international airline. "Over the last year, we have become, finally, the most heavily attended sports venue in the world," Dodgers president and CEO Stan Kasten said Frid...

Boeing forecasts 950 new aircraft for Oceania over next 20 years

Boeing has forecast a $US140 billion market for 950 new aircraft for Oceania – Australia, New Zealand and the South Pacific – over the next 20 years as airlines in the region replace order models with newer, more fuel efficient jets. The estimate, contained in Boeing’s Current Market Outlook (CMO) for 2015-2034, is a reduction of 50 aircraft from the 1,000 expected for Oceania...