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United States aviation news

XTI Aircraft Company to Create Liquidity for Its Shareholders

XTI Aircraft Company (XTI) today announced that it will establish an over-the-counter secondary market so current and future shareholders will have the ability to buy and sell XTI shares on a public market.  After garnering $20.6 million in non-binding expressions of interest, the excitement around the TriFan 600 and interest by investors in the company's equity crowdfunding...

Second Boeing 737-8 MAX Emerges From Factory

The second Boeing 737-8 MAX has emerged from the paint shop. Photos By: Brandon Farris / Published: February 20, 2015 On a rainy night, similar to the morning of the first Boeing 737-8 MAX First Flight, the second Boeing 737-8 MAX emerged on the company’s Renton Flight Line this week.  It adorns a “Light” Company scheme similar to what we’ve previou...

Fourth Gulfstream G500 test aircraft completes first flight

Gulfstream Aerospace Corp. today announced that the fourth Gulfstream G500 test aircraft, T4, has completed its first flight and officially joined the G500 flight-test program.  The G500 took off from the Savannah-Hilton Head International Airport at 9:47 a.m. on Saturday, Feb. 20, with Flight Test pilots Eric Holmberg and Brian Dickerson at the controls. Flight Test engineers Dominic...

Helicopter crashes into Pearl Harbor

A private helicopter with five people on board crashed Thursday into Hawaii’s Pearl Harbor, leaving a teenager in critical condition, officials said. The Bell 206 aircraft made a hard landing and sank near the Pearl Harbor Visitor Centre, a popular tourist destination on Oahu, US Navy spokeswoman Agnes Tauyan said. The names of the five people on board were not immediately released....

The 'great engine game' behind new Boeing jet project

Aircraft engine makers are placing bets that could reshape their industry for decades as Boeing weighs a novel design for an airplane with 240-250 seats - a neglected area of the jet market. The plane is designed to fill a slender gap between narrow-body jets, which typically have 150-200 seats, and intercontinental planes with 250 or more. Competition to get onboard would usually be a skirmish...

Boeing gets U.S. license to talk deals with Iranian airlines

Boeing Co said on Friday that the United States gave it a license to hold talks with airlines in Iran about buying jetliners, but said it would need additional U.S. approval to make sales. Boeing's license, received on Thursday, marked a step toward catching up with European rival Airbus, which last month agreed to sell Iran 118 planes worth about $27 billion at list prices. "We hav...

Virgin Galactic rolls out 'Unity,' its first new space plane since 2014 crash

Virgin Galactic is getting ready to fly again. Sixteen months after a fatal accident sidelined the private spaceflight company, Virgin Galactic presented its new and improved space plane designed to bring paying space tourists into suborbital space and back home again. Virgin Galactic’s new SpaceShipTwo, named Unity because of an idea from cosmologist Stephen Hawking, rolled out in the...

Dodgers announce partnership with Emirates

The Dodgers have seen their global footprint expand in recent years under new ownership, and they plan to continue to grow their brand overseas with the aid of a new partnership with Emirates, the world's largest international airline. "Over the last year, we have become, finally, the most heavily attended sports venue in the world," Dodgers president and CEO Stan Kasten said Frid...

Boeing forecasts 950 new aircraft for Oceania over next 20 years

Boeing has forecast a $US140 billion market for 950 new aircraft for Oceania – Australia, New Zealand and the South Pacific – over the next 20 years as airlines in the region replace order models with newer, more fuel efficient jets. The estimate, contained in Boeing’s Current Market Outlook (CMO) for 2015-2034, is a reduction of 50 aircraft from the 1,000 expected for Oceania...

Norwegian to Offer Direct Flights From the U.S. to Paris

 Norwegian, the World’s Best Low-Cost Long-Haul Airline and Europe’s Best Low-Cost Airline, will launch flights from three United States airports to Paris’ Charles De Gaulle Airport on July 29. Service will commence with four weekly flights from New York’s JFK International Airport, two weekly flights from Los Angeles International Airport and one weekly flig...

Boeing, Air Niugini Announce Order for Four 737 MAX 8s

Boeing and Air Niugini announced at the Singapore Airshow an order for four 737 MAX 8 airplanes. "Papua New Guinea is like no other place on earth and the 737 MAX will allow us to economically and efficiently connect our beautiful country with the rest of the world. The superb economics of the 737 MAX will enable us to increase flight frequencies and develop into new markets whic...

Virgin America posts $340.5 million net profit in 2015

Virgin America reported a 2015 net income of $340.5 million, a more than fivefold increase over a $60.1 million net profit for 2014. Virgin president and CEO David Cush said, “We achieved the highest net income in company history, generated significant operating cash flow, continued to outperform the industry in domestic unit revenue growth, and began growing the airline again.”...