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

Bloomberg News
July 23, 2019
All Posts, Bloomberg, Features

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

Charles Kauffman
July 22, 2019
All Posts, Bloomberg, Features

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

Bloomberg News
June 25, 2019
Aircraft, Bloomberg

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 […]

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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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