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United States aviation news

Boeing Sees SE Asia Aircraft Demand Worth USD$550 Billion

Southeast Asia will need 3,750 new aircraft worth USD$550 billion in 20 years from 2015, a senior Boeing executive told a press conference ahead of the Singapore Airshow. Of this number, 76 percent will be for single-aisle aircraft such as the Boeing 737 and Airbus A320, said Dinesh Keskar, senior vice-president for Asia Pacific and India sales at Boeing. This will be largely driven by low-c...

Delta’s Financials Have Improved So Much Its Debt Rating Is No Longer Junk

Delta Air Lines Inc. achieved its longstanding goal of regaining investment-grade credit, following through on a priority of retiring Chief Executive Officer Richard Anderson. Moody’s Investors Service raised the airline’s senior unsecured debt rating to Baa3, the lowest investment-quality level and higher than the junk grades of rival carriers American Airlines Group Inc. and Unite...

KC-46 demonstrates probe-and-drogue refuelling of F/A-18

Boeing and the US Air Force have completed the first KC-46APegasus refuelling of a combat jet using the next-generation tanker's wing-mounted hose-and-drogue system. The milestone was achieved on 10 February when the KC-46 transferred fuel to a US Navy F/A-18 at 20,000ft, says Boeing. On January 24, Pegasus completed its first ever aerial refuelling by topping up an F-16 d...

PSA Airlines celebrates 100th aircraft

PSA Airlines celebrated a special milestone Friday inducting the 100th aircraft into its fleet. The aircraft is a CRJ 900 Next Gen that operates under the American Eagle brand. The plane’s first flight left Dayton at 5:45 a.m. Friday on a trip to Canada. It returned at about 3:30 p.m. “It’s fantastic. It’s got that new car smell, that new plane smell,” said Dion...

JetBlue Launches Venture Capital Subsidiary to Invest in Travel Startups

JetBlue unveiled a new subsidiary, JetBlue Technology Ventures, which is based in a Silicon Valley incubator and will provide seed funding to early stage technology, travel, and hospitality startups. JetBlue Technology Ventures is led by its president, Bonny Simi, a JetBlue pilot who had been working on talent acquisition for the airline, and the subsidiary will be located in the Redwood City,...

Uber and Victor team up for New York Valenties prize

Uber and Victor ave teamed up to offer three couples an all expenses trip to New York over the Valenties weekend. The trip includes flight on a chartered private jet, one nights stay in the Gansevoort Meatpacking NYC Hotel, A $2500 shopping spree at Saks Fifth Avenue, and A 5-course Valentine’s Day Dinner. The prize is unfortunately only available to Uber users in 52 US East Coast citi...

Boeing 777 an Elephant in the Room, Says RBC

RBC cuts price target on Boeing driven by concern over 777 demand and production. In a research note published on February 10, RBC reiterated its Sector Perform rating on Boeing Co.but cut its price target from $143 to $135, driven by low earnings per share margins. RBC sees many fundamental issues that could impact the aircraft maker’s revenue and profit. The research firm sees the 77...

The Boeing 747 jumbo jet changed air travel with this momentous event 47 years ago

On February 9, 1969, the Boeing 747-100 jumbo jet took to the sky for the very first time. With that event, commercial air travel changed forever. With the 747 and its widebody, dual-aisle interior, airlines greatly increased the volume of passengers it could ferry per flight.  Known as the Queen of the Skies, the Boeing 747 ruled the skies for most of its life.  Over the pas...

Runaway airport van goes rogue, striking a parked JetBlue plane

A driverless van rolled away and struck a parked JetBlue plane early Friday morning at Boston's Logan International Airport. Shortly after passengers boarded a 6 a.m. flight to Tampa, Florida, a nearby van went rogue, causing damage to the aircraft. There were no injures on board, according to JetBlue. According to reports, it was either a fuel van or a delivery van. Passenger Chaz...

Airbus Has a Sweet Home for U.S. A320 Production

Airbus’s U.S. Manufacturing Facility in Mobile, Alabama, opened last September, could augur well for increased production in Southeast Asia. A320-family airliners are already assembled in Tianjin, China. The U.S. facility rounds out the manufacturer’s production strategy for its high-selling A320 family of aircraft:“building close to its custome...

Boeing is Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Boeing Co. (NYSE: BA) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is am...

Flight attendant mistakenly informs man of 'armed passengers' aboard plane

A note identifying armed passengers on a flight from Chicago to Phoenix was mistakenly given to a customer. William Stratton was seated and ready for the Frontier Airlines jet's take-off on Sunday when a steward approached him, Fox 10 reported. “We were about to pull away from the gate, and the flight attendant said 'sir, here is the rest of your boarding pass, and handed me a...