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Boeing | July 10, 2020
American Airlines executives have told Boeing they will not take delivery of 17 737 Max airplanes unless the carrier can secure financing to pay for the aircraft, people familiar with the discussions told CNBC. The 17 Max planes are already built, but will not be delivered until the Federal Aviation Administration recertifies the aircraft and removes a grounding order, which is expected to happen later this summer or by early fall....
CNN International | February 11, 2020
Following a series of secret tests, Airbus has revealed a futuristic "blended wing" commercial aircraft design that promises to cut fuel consumption up to 20%. The French aircraft maker rolled out a model of the small-scale, remote-controlled aircraft demonstrator it's been using to test the design at the Singapore Air Show 2020 on Tuesday. This "blended wing body" demonstrator is called MAVERIC -- which stands for Model Aircraft for Validation and Experimentation of Robu...
Boeing | May 03, 2020
The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic. U.S. airlines are slashing hundreds of thousands of flights, cutting schedules by 80 percent or more through at least June and parking thousands of jets as demand for tickets has plunged by about 95 percent. Airlines are requiring facial coverings and implementing new cleaning procedures to try...
Defense and Space
PRnewswire | July 27, 2023
Akima today announced that its subsidiary, RiverTech, has been awarded a contract to provide critical operational planning, systems engineering, global force management, training, and integration services to the Ninth Air Force (Air Forces Central) Director of Operations, A3, Operational Planning Teams, in direct support of U.S. Central Command requirements. The award has a 5-year period of performance and a total contract value of approximately $11 million if all options are exercised. Read More
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