Latest Aircraft manufacturing News

US approves $425 million in arms sales to Taiwan

Dec. 06, 2022 22:43 PM EST

WASHINGTON (AP) — The Biden administration on Tuesday signed off on two new significant arms sales to Taiwan in approvals that are sure to rankle China. The State Department said it had okayed sales worth more than $425 million of spare aircraft parts to support Taiwan's fleet of...

Boeing's last 747 to roll out of Washington state factory

Dec. 06, 2022 16:27 PM EST

SEATTLE (AP) — After more than half a century, Boeing is set to roll its last 747 out of a Washington state factory on Tuesday. The jumbo jet — which has taken on numerous roles as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers and as the Air Force...

NRG Energy, Meta Platforms fall; Textron, Signet rise

Dec. 06, 2022 16:27 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Gitlab Inc., up $3.62 to $41.95. The software company reported strong third-quarter financial results. NRG Energy Inc., down $6.16 to $34.68 The...

Electric air taxi company Archer plans $118M Georgia factory

Nov. 14, 2022 19:13 PM EST

ATLANTA (AP) — A California company seeking to build small electric aircraft says it will invest $118 million to construct a plant near Atlanta, eventually hiring up to 1,000 people. Archer Aviation, based in Santa Clara, California, said Monday that it would seek to build its...

Some recent fatal crashes involving vintage aircraft

Nov. 14, 2022 11:00 AM EST

The collision between two World War II-era military planes at a Dallas air show on Saturday was the latest in a long list of crashes involving vintage planes used or designed for military purposes. Some recent fatal crashes in the U.S. and abroad: — Nov. 12, 2022: A P-63 Kingcobra...

Some recent fatal crashes involving vintage aircraft

Nov. 12, 2022 17:44 PM EST

Saturday’s collision between two World War II-era military planes at a Dallas air show was the latest in a long list of crashes involving vintage planes used or designed for military purposes. Some recent fatal crashes in the U.S. and abroad: — Oct. 2, 2019: A four-engine,...

Chinese maker announces 300 orders for new jetliner

Nov. 09, 2022 00:43 AM EST

BEIJING (AP) — A state-owned Chinese commercial jet manufacturer set up to try to compete with Boeing and Airbus says it has secured orders for 300 of its first long-range jetliners from Chinese leasing companies. Orders for the single-aisle C919 were announced Thursday by...

Air show seeks to position China as global competitor

Nov. 08, 2022 02:58 AM EST

BEIJING (AP) — China is displaying its latest generation fighter jets and civilian aircraft this week as it looks to carve a larger role for itself in the global arms trade and compete with Boeing and Airbus. China is currently the world’s fourth-largest arms exporter and an...

Problem-plagued Boeing sets ambitious turnaround targets

Nov. 02, 2022 15:48 PM EDT

Boeing officials vowed Wednesday to significantly increase airplane production and cash flow in the next few years as the company seeks to recover from two deadly crashes and years of mistakes in its airline and defense businesses. Boeing said it expects to boost revenue to $100...

Airbus 3rd-quarter earnings grow despite supply chain woes

Oct. 28, 2022 06:19 AM EDT

TOULOUSE, France (AP) — Airbus reported Friday that earnings grew in the third quarter and revenue rose through the first nine months of 2022 as it benefited from a strong U.S. dollar despite supply chain issues. The Toulouse, France-based company said it has delivered 437...