-
FAA Introduces New Rules For Commercial Drone Usage
Tuesday, December 29, 2020 - 6:11am | 727Read More...The U.S. Department of Transportation’s Federal Aviation Administration (FAA) issued new rules on Monday that make way for the commercial use of drones. The official press release claims that approximately 203,000 pilots are certified to conduct remote flights, and close to 1.7...
-
Boeing To Conduct Enhanced Fuselage Inspections For 787 Dreamliner: WSJ
Tuesday, December 15, 2020 - 5:55am | 400Read More...Boeing Co’s (NYSE: BA) 787 Dreamliner aircraft will undergo an enhanced investigation to locate a previously disclosed manufacturing defect, the Wall Street Journal reports, based on communication with industry and government officials. What Happened: The detailed...
-
Boeing Gets Largest 737 Max Order Since Grounding Last Year, Shares Surge 6%
Friday, December 4, 2020 - 2:40am | 365Read More...Aerospace company Boeing Co (NYSE: BA)'s shares surged in the regular and after-hours session Thursday as it bagged an order from Irish airliner Ryanair Holdings Plc (NASDAQ: RYAAY) for the 737 Max jet, the two companies announced Thursday. The 737 Max airplanes were grounded in...
-
After Nearly 2 Years, FAA Says Boeing's 737 Max Can Carry Passengers And Fly Again
Wednesday, November 18, 2020 - 9:34am | 429Read More...Nearly two years after the Boeing Co (NYSE: BA) 737 Max was grounded due to safety issues, the Federal Aviation Administration has officially cleared the aircraft to fly once again. What Happened? The FAA said Wednesday it's satisfied with the changes Boeing has made to the 737 Max after a...
-
Boeing Continues To Lose 737 Max Orders Even As Jets Get Closer To Ungrounding
Wednesday, November 11, 2020 - 4:02am | 458Read More...The Boeing Co (NYSE: BA) lost 12 more orders for its grounded 737 Max jetliner in October, company data showed on Tuesday. Through October, the company has lost or removed 1,043 orders for 737 Max. The company's outstanding orders fell to 4,275 in October from 4,...
-
Boeing 737 MAX Jets Could Be Ungrounded Next Week: Report
Monday, November 9, 2020 - 9:30pm | 467Read More...Boeing Co’s (NYSE: BA) 737 MAX jets may be ungrounded next week as the United States Federal Aviation Administration is in the final stages of reviewing changes to the jet, Reuters reported Monday. What Happened: Three sources familiar with the matter told the newswire that the planes may be...
-
Fintech Focus For October 1, 2020
Wednesday, September 30, 2020 - 6:01pm | 2198Read More...Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...
-
'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 6:10am | 2287Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
-
Fintech Focus For September 11, 2020
Thursday, September 10, 2020 - 5:31pm | 2385Read More...Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...
-
Fintech Focus For September 9, 2020
Tuesday, September 8, 2020 - 6:02pm | 2210Read More...Quote Of The Day: We have seen peak rebound. - Joachim Fels Fintech Movers: Defi is not even close to the ICO hype bubble level yet. Bubbles are usually the result of a euphoric retail crowd running ahead of itself. - Coindesk BSP pushes digital bank framework. Policygenius a fast-growing fintech...
-
Amazon Is One Step Closer To Package Delivery By Drone
Monday, August 31, 2020 - 3:24pm | 390Read More...When Amazon.com, Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos announced the future Prime Air service, he promised customers delivery by drone in less than 30 minutes. Amazon has discussed using drones for delivery since 2013, and 2018 was the original target date. What Happened: The Federal...
-
Boeing Kept FAA In The Dark About Crucial Changes In MAX Flight Control System: Report
Wednesday, July 1, 2020 - 2:37am | 431Read More...Boeing Co (NYSE: BA) failed to submit crucial documents related to its MAX planes to the FAA, according to a government report. What Happened The 52-page report details activities ranging from the initial certification of the MAX planes in 2012 and spans through two fatal accidents involving the...
-
Norwegian Air Cancels Boeing Orders, Seeks Return Of Pre-Delivery Payments: Report
Tuesday, June 30, 2020 - 1:11am | 357Read More...Norwegian Air Shuttle ASA (OTC: NWARF) is canceling orders of 97 Boeing Co (NYSE: BA) aircraft and filing a claim for compensation for the non-operational 737 MAX and 787 planes. What Happened Norwegian Air, a budget airline based in Oslo, Norway, canceled orders of 92 MAX aircraft, five 787...
-
Boeing 737 Max Test Flights For FAA Approval Start Monday
Monday, June 29, 2020 - 4:05am | 391Read More...The Boeing Company (NYSE: BA) and the United States Federal Aviation Administration will start running test flights of the company's troubled 737 MAX aircraft on Monday, Reuters reported. What Happened In an email to the Congress on Sunday, FAA said it had completed the review of the...
-
Boeing Restarts Manufacturing Of 737 Max Planes
Wednesday, May 27, 2020 - 11:16pm | 328Read More...Boeing Co. (NYSE: BA) has restarted manufacturing its 737 Max commercial airplanes after halting production in January. What Happened Prohibited from flying since March 2019 after two fatal crashes that killed 346 people, the resumption of manufacturing marks a milestone for the aerospace company,...
