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597 Bail Out Boeing?

Airlines that might go bankrupt and financial assistance to aircraft producers and airlines, Boeing contributes manufacturing capability to PPE production, coronavirus insurance from Vietjet, and the FAA waiver of medical certificate enforcement action. Also, FAA revokes Collings Foundation passenger flights, the FAA requests information from low-altitude manned aircraft pilots about how they want to use identification data from drones, things to keep you occupied while you quarantine yourself a...
Tags: Craig Ferguson, Budget, Washington Post, Senate, United States, Aviation, Philadelphia, Airlines, Faa, Boeing, UAS, American Airlines, Bradley, Bloomberg News, Bradley International Airport, AMR


As airlines say goodbye to the legendary Boeing 747 early, the plane still plays a vital role for cargo carriers and is aiding efforts to defeat COVID-19

The Queen of the Skies was once the crown jewel of any airline fleet. Now, smaller and more efficient aircraft are taking its place on the throne.
Tags: News, Boeing


Canada's airline, tourism sectors facing 'catastrophic' decline due to COVID-19 pandemic

As Canada's aviation and tourism sectors face a decline of epic proportions because of the COVID-19 pandemic, the federal government is preparing an aid package to save an industry that employs well over 2 million Canadians.The lobby group that represents dozens of air carriers in this country is warning that, without immediate support from Ottawa, airlines will fold, thousands more will be out of work and the travel landscape in this country will be crippled for the foreseeable future.Prim...
Tags: Business, News, Air Canada, Canada, Quebec, Boeing, Ottawa, Max, Justin Trudeau, Addis Ababa, Trudeau, Westjet, Ethiopian Airlines, Porter, CBC News, Bill Morneau


Honeywell now plans to start making over 20 million face masks a month to help healthcare workers battle the coronavirus. Meet the CEO leading a digital overhaul to transform the 114-year-old company into an industrial-software powerhouse.

Companies of all sizes are pivoting to digital, but many of their efforts are failing or struggling to meet the hype.  One firm that is successfully undergoing the transformation is Honeywell. "We hope to create that playbook on how to do this," CEO Darius Adamczyk told Business Insider.  The industrial manufacturer, which once made digital thermostats, is now getting ready to launch the world's most powerful quantum computer. It also supplies building owners, airlines, and other clients with ...
Tags: Taylor Swift, US, Trends, Tim Mahoney, Bloomberg, Boeing, Fedex, Honeywell, Dallara, Innovation Inc, Adamczyk, Darius Adamczyk, Honeywell Connected Enterprise, United Technologies Leading the company, Dallara Mahoney, White House Honeywell


General Electric Workers Walk Off the Job, Demand To Make Ventilators

On Monday, General Electric factory workers walked off the job and demanded that the company convert its jet engine factories to make ventilators. From a report: Workers protested at GE's Lynn, Massachusetts aviation facility held a silent protest, standing six feet apart. Union members at the company's Boston headquarters also marched six feet apart, calling on the company to use its factories to help the country close its ventilator shortage amid the coronavirus pandemic. These protests come j...
Tags: Ge, Congress, Boston, Tech, General Electric, Boeing, Lynn Massachusetts, General Electric Workers Walk, General Electric Read


Honeywell went from selling digital thermostats to making the world's most powerful quantum computer and offering next-gen tech platforms. Here's how its CEO led the digital transformation at the $93 billion industrial software giant.

Companies of all sizes are pivoting to digital, but many of their efforts are failing or struggling to meet the hype.  One firm that is successfully undergoing the transformation is Honeywell. "We hope to create that playbook on how to do this," CEO Darius Adamczyk told Business Insider.  The industrial manufacturer, which once made digital thermostats, is now getting ready to launch the world's most powerful quantum computer. It also supplies building owners, airlines, and other clients with ...
Tags: Taylor Swift, Trends, Tim Mahoney, Boeing, Fedex, Honeywell, Dallara, Innovation Inc, Adamczyk, Darius Adamczyk, Honeywell Connected Enterprise, United Technologies Leading the company, Bloomberg Adamczyk, Dallara Mahoney


Warren Buffett's Berkshire Hathaway has the cash to buy Tesla, Starbucks, or McDonald's after the coronavirus sell-off

Warren Buffett's Berkshire Hathaway can afford almost any of America's public companies following the coronavirus sell-off. The billionaire investor's conglomerate held $125 billion in cash and short-term investments at the end of December. Berkshire's cash pile exceeds the market capitalizations of more than 450 companies in the S&P 500, more than 80 in the Nasdaq 100, and 11 in the Dow 30. Ignoring all other factors, Berkshire could afford McDonald's ($125 billion), Boeing ($102 billion), Te...
Tags: Facebook, US, America, Trends, General Motors, Tesla, Paypal, Netflix, Berkshire Hathaway, Warren Buffett, Ibm, Goldman Sachs, Starbucks, General Electric, Boeing, Berkshire


Boeing will seek federal help -- but won't give taxpayers a stake

Boeing is still expecting to get some help from the federal government. Just not the same kind of help that airlines are in line to get.
Tags: Cnn, Boeing


U.S. not bailing out airlines, Boeing not using federal money - Treasury Secretary

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic.
Tags: Money, Congress, businessNews, Treasury, Boeing, U S Treasury, Steve Mnuchin


Shifting Gears: Who's getting what in the multitrillion-dollar coronavirus bailout

Happy Friday and welcome to yet another quarantine-edition of Shifting Gears, Business Insider's roundup of all the transportation news that you missed this week. There is some good news, at least. (And don't forget to sign up to get this directly to your inbox here). The House of Representatives is set to vote — and likely pass — the largest federal assistance package ever. In addition to cash money to most Americans, the bill also contains some much needed assistance for airlines, Amtrak, and...
Tags: Senate, US, Trends, Tesla, United States, Porsche, House, House Of Representatives, Mercedes, Boeing, Amtrak, Audi Volkswagen, Dara Khosrowshahi, Julie Bort, Amazon Lockers, David Slotnick


NASA still tracking towards mid-to-late May SpaceX crew launch despite parachute mishap

NASA provided an official update about the status of its Commercial Crew program, the project it’s working on with partners SpaceX and Boeing to return astronaut launch capabilities to American soil via private launch partners. This week, SpaceX encountered an issue while testing the parachute system that will be used on its Crew Dragon spacecraft, but a new update from NASA indicates the the previously stated mid-to-late May window for its first ever launch with astronauts on board is ...
Tags: Startups, TC, Space, Spacex, Science, Nasa, Astronaut, Falcon 9, Spaceflight, Aerospace, Boeing, Spacecraft, Falcon, Outer Space, StarLink, Drop Test


Stocks surge again after coronavirus relief bill passes; indexes up 6%

By Stan Choe, Alex Veiga and Damian J. Troise, The Associated Press Stocks marched higher for a third straight day Friday as a massive coronavirus relief bill gets closer to passing Congress and Wall Street took some historically bad unemployment figures in stride. The S&P 500 rose 6.2%, bringing its three-day rally to 17.6%. The Dow industrials have risen an even steeper 21.3% since Monday. Nearly 3.3 million Americans applied for unemployment benefits last week, easily shattering the prior rec...
Tags: Congress, Senate, Sport, Soccer, United States, House Of Representatives, Treasury, Capitol Hill, Goldman Sachs, Federal Reserve, Boeing, Capitol, Congressional, Jamie Cox, Johns Hopkins University, Prudential Financial


ULA successfully launches first US Space Force payload

The United Launch Alliance (ULA) has completed its 134th successful launch, continuing its perfect track record with a mission today for the U.S. Space Force. This is the first-ever dedicated mission for the Space Force, a new branch of the U.S. armed forces dedicated to the defense and protection of America’s strategic assets in space. The payload today was the sixth Advanced Extremely High Frequency (AEHF) satellite that has been deployed for U.S. defense customers, though the original five...
Tags: TC, Space, Cdc, America, Tech, Earth, United States, Telecommunications, Spaceflight, Ula, Aerospace, Boeing, United Launch Alliance, Tory Bruno, United Launch Alliance ULA, Space Force


ULA successfully launches first U.S. Space Force payload

The United Launch Alliance (ULA) has completed its 134th successful launch, continuing its perfect track record with a mission today for the U.S. Space Force. This is the first ever dedicated mission for the Space Force, a new branch of the U.S. armed forces dedicated to the defense and protection of America’s strategic assets in space. The payload today was the sixth Advanced Extremely High Frequency (AEHF) satellite that has been deployed for U.S. defense customers, though the original five...
Tags: TC, Space, Cdc, America, Tech, Ceo, Earth, United States, Telecommunications, Spaceflight, Ula, Aerospace, Boeing, United Launch Alliance, Countdown, Tory Bruno


Bob Crandall Upfront on Industry Bailouts

Bob Crandall retired in 1998 as chairman, president, and CEO of AMR, parent organization to American Airlines and while many people today might not remember his name, they’ll pretty quickly recognize what he created while he was at the helm. Bob Crandall (L) with another industry giant, the late Herb Kelleher, co-founder of Southwest Airlines. Crandall is the often combative, no-nonsense finance-marketing focused guy who, while at American created American Advantage, the industry’s first fre...
Tags: Congress, America, Bloomberg, Aviation, Airlines, Seattle, Boeing, American Airlines, Nikki Haley, AMR, IATA, Calhoun, Herb Kelleher, International Air Transport Association IATA, Airline Pilot, The Buzz


Watch ULA’s first dedicated rocket launch for the U.S. Space Force live

The United Launch Alliance (ULA) has a mission today, launching a specialized secure communications satellite for the U.S. Space Force. That’s the new space-focused arm of the U.S. military that was officially formed last year, in response to what the administration has characterized as a growing need to ensure America’s assets in space are properly defended. The launch today is set to take off from Cape Canaveral in Florida, with a lift-off time set for 2:57 PM EDT (11:57 AM PDT). The roc...
Tags: TC, Space, Florida, America, Tech, Atlas, United States, Telecommunications, Lockheed Martin, Spaceflight, Ula, Aerospace, Boeing, United Launch Alliance, Cape Canaveral, U.S. Air Force


The Airlines Are Saved. So When Should You Start Booking Flights Again?

So, with a $25 billion rescue package in the works, the airlines will stay in business, fit for purpose when there are once again passengers to fill the seats.When might that be?Analysts at the International Air Transport Association represent the industry’s best guess at how fast the airlines will recover. They assume a gradual lifting of travel bans after the first wave of infections recedes. As an encouragement, they cite “some signs of a turning point in the Chinese domestic market already.”...
Tags: News, Airbus, North America, Boeing, United, Southwest, IATA, International Air Transport Association, Sara Nelson, American Airlines Delta


Boeing could receive billions from stimulus package

Boeing, which recently asked lawmakers for a massive financial aid package to prop up its industry, could qualify for a special $17 billion slice of the proposed $2 trillion stimulus package.
Tags: Cnn, Boeing


Fine Print of Stimulus Bill Contains Special Deals for Industries

Small banks, retailers and for-profit colleges got provisions they wanted. So did Boeing. Among those who could potentially benefit: President Trump’s company.
Tags: News, Boeing, Nancy, Trump, Pelosi, Trump Organization, Law and Legislation, United States Economy, United States Politics and Government, For-Profit Schools, Colleges and Universities, Donald J, Hotels and Travel Lodgings, Coronavirus (2019-nCoV, Stimulus (Economic




Exclusive: Boeing plans 737 MAX production restart by May - sources

Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday.
Tags: Money, businessNews, Boeing, Boeing Co


[Update: Sign The Petition!] If You And I Bail Out The Airlines, Hotels, And Boeing, What Should We Ask For In Return?

Update: I created a Whitehouse.gov petition for a traveler’s bill of rights here. Please take a minute to sign it and send to your friends and family! The petition is limited to just 800 characters, but you can read the explanation of the demands below:   Originally posted on 3/18: US Airlines are seeking more than […]
Tags: Deals, Boeing, US Airlines, Dan's Commentary, Points & Travel, Coronavirus


Boeing says 737 Max production restarting in May 2020, stock pops

Boeing’s planning hinges on the scale of disruptions from the fast spreading coronavirus, and U.S. regulators clearing the 737 MAX to return to service.
Tags: Finance, Article, Associated Press, Boeing, FBN, Fbn/markets, Fox-business/organization/boeing, Fox-business/topic/coronavirus, 42c1c114-3669-505a-b46f-07dba40cb091


"Sacrifices Will Have To Be Made"

It’s time for Republican Senators over age 60 to voluntarily and intentionally infect themselves and their spouses with Covid-19 in order to show they are willing to sacrifice themselves for an uptick in Boeing stock prices.This intentional infection should start in 2 weeks when the hospitals are already swamped with Covid-19 cases, and the senators should be required to attend local hospitals without any form of special treatment.The voluntary infected should include: Mitch McConnell, Chuck Gra...
Tags: Pets, Boeing, John Barrasso, PBurns, Terrierman, Trump Administration, Gina Haspel, COVID


Trump Obsesses Over Flu Deaths, Attacks Cuomo in Softball Fox News Chat

In a Tuesday virtual town hall with a deferential Fox News panel, President Donald Trump spent much of his time obsessing over the number of flu deaths America experiences annually in order to downplay the threat of the coronavirus pandemic as he looks to reopen the American economy sooner than expected. The president also took aim at New York Gov. Andrew Cuomo, a Democrat, who earlier in the day complained about the lack of ventilators received from the federal government.“I watched Governor Cu...
Tags: New York, News, China, America, Turkey, Fox, United States, Fox News, Andrew Cuomo, Donald Trump, Boeing, Cuomo, Trump, HARRIS, Federal Emergency Management Agency, BILL HEMMER


Wall Street bounces on hopes of $2 trillion stimulus, Boeing boost

Wall Street bounced from three-year lows on Tuesday on hopes of a major fiscal stimulus to blunt the economic damage from the coronavirus, while Boeing helped the Dow surge 1,400 points on signs that its grounded jet could fly by the middle of the year.
Tags: Money, businessNews, Boeing


Boeing CEO: No government equity stake in coronavirus aid

The Chicago-based planemaker said last week it supports $60 billion in government aid for aerospace manufacturers.
Tags: Finance, Chicago, Article, Boeing, FBN, Fbn/markets, FOXBusiness, Fox-business/industries/industrials, Matthew Kazin, Fox-business/organization/boeing, Fox-business/lifestyle/airplanes, Df6afb12-c054-5adf-a1f1-8e2dc673c3c2


UN: 85% of new infections, deaths coming from Europe and U.S.

By DAVID RISING and CHRIS BLAKE BERLIN — Infections and deaths globally from the coronavirus are expected to increase “considerably” when global figures are published later Tuesday, the World Health Organization said. Overnight reporting showed 85% of the new cases are being reported in Europe and the United States, said Dr. Margaret Harris, a WHO spokeswoman. On Monday, WHO counted more than 334,000 total cases globally. Harris said “but in fact the outbreak is accelerating very rapidly and the...
Tags: Health, South Korea, Europe, Business, Japan, New York, Science, London, News, California, Washington, France, China, Germany, Angela Merkel, Berlin


UN: 85% of new infections, deaths coming from Europe and US

By DAVID RISING and CHRIS BLAKE BERLIN — Infections and deaths globally from the coronavirus are expected to increase “considerably” when global figures are published later Tuesday, the World Health Organization said. Overnight reporting showed 85% of the new cases are being reported in Europe and the United States, said Dr. Margaret Harris, a WHO spokeswoman. On Monday, WHO counted more than 334,000 total cases globally. Harris said “but in fact the outbreak is accelerating very rapidly and the...
Tags: Health, South Korea, Europe, Business, Japan, New York, Science, London, News, California, Washington, France, China, Germany, Angela Merkel, Berlin


Boeing to suspend production in Washington

Boeing has announced that it will suspend all aircraft production at their factories in the Puget Sound area in Washington, USA. The shutdown is due to the prevailing state of emergency declared in Washington and due to the continuing spread of the Covid-19 virus. Boeing is reducing operations today and will shut down on 25 … >>> To read the full story click on the headline above.
Tags: Washington, Aviation, Boeing, Shutdown, Puget Sound, Everett, Washington USA, Paine Field, Coronavirus