UPS seeks airline-type status for long-distance drone deliveries

United Parcel Service is seeking approval to operate delivery drones under the same rules as a private jet service, unlocking the potential to carry health-care packages over long distances between hospitals. The company is working with the U.S. Federal Aviation Administration to obtain Part 135 certification this year, a step toward freeing it from current commercial […]

Boeing credit rating could be at risk in 737 Max crisis

Boeing Co.’s credit rating is at risk as the grounding of the company’s 737 Max jetliner drags into a fifth month, with Moody’s Investors Service joining Fitch Ratings in sounding a warning. The planemaker faces a $5 billion cash-flow drain this year as it continues to churn out aircraft it can’t deliver until regulators around […]

Boeing’s 737 MAX may stay grounded until 2020, WSJ says

Boeing Co.’s 737 MAX may stay grounded until early 2020, the Wall Street Journal reported, months later than the guidance the planemaker is privately providing customers for resolving a software issue that surfaced last month. The plane is expected to start flying again in January 2020 “under the latest scenario,” the Journal said, citing unidentified sources within […]

Bombardier caps commercial-jet exit with CRJ sale to Mitsubishi

Bombardier Inc. is selling its regional-jet business to Mitsubishi Heavy Industries Ltd., ending the Canadian company’s foray into commercial aircraft after more than three decades. Mitsubishi agreed to pay $550 million for the maintenance, support, marketing and sales operations of the aging CRJ program, the companies said Tuesday. The Tokyo-based manufacturer, which is developing the […]

FedEx Trims Amazon Ties as Retailer Flexes Delivery Muscles

FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc., paring a key customer relationship as the largest online retailer deepens its foray into freight transportation. The new focus will be on “serving the broader e-commerce market,” with U.S. package volume from online shopping expected to double by 2026, FedEx said in […]

EU-US Trade War Escalates Over Disputed Aviation Subsidies

(Bloomberg) — The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing Co., significantly escalating transatlantic trade tensions hours after Washington vowed to hit the EU with duties over its support for Airbus SE. The two sets of punitive measures are the latest twists in a 14-year-old dispute that the U.S. […]

Airbus Buries A380 Flagship, Drawing Curtain on Jumbo-Jet Era

Airbus SE decided to stop making the A380 double-decker after a dozen years in service, burying a prestige project that won the hearts of passengers and politicians but never the broad support of airlines that instead preferred smaller, more fuel-efficient aircraft. Production of the jumbo jet will end by 2021, after the A380’s biggest customer, […]
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