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SpaceX Cargo Launch Kicks Off Busy Month for Space Station

Bloomberg News
December 6, 2019
Bloomberg, Equipment, News

SpaceX launched its 19th resupply flight to the International Space Station, kicking off what promises to be a busy month for the orbiting lab. A Space Exploration Technologies Corp. rocket blasted off at 12:29 p.m. Thursday in Florida from Cape Canaveral Air Force Station. The first stage of the Falcon 9 rocket separated, then landed […]

Airbus held back by production snag with rival Boeing in crisis

Bloomberg News
October 30, 2019
Bloomberg, Equipment, News

Airbus SE cut its full-year delivery target and said cash flow will be lower than expected as it struggles to capitalize on the grounding of Boeing Co.’s 737 Max. The company now expects to hand over about 20 fewer jets than it previously forecast as production challenges slow output of A320neo-series aircraft, it said in […]

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 […]

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 […]

Cargo Facts The Air Freight & Express Industry Source of Record

SpaceX Cargo Launch Kicks Off Busy Month for Space Station

Airbus held back by production snag with rival Boeing in crisis

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

Boeing credit rating could be at risk in 737 Max crisis

Bombardier caps commercial-jet exit with CRJ sale to Mitsubishi

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