The Obama administration must address the massive subsidization of the Gulf carriers—more than $42 billion over the past decade—or U.S. workers, communities and our airline industry will pay the price.
L ockheed Martin has named John Rood vice president-domestic business development/operations. He succeeds John Ward, who retires in August. Rood had been vice president-business development at Raytheon.
Amazon and Blue Origin founder Jeff Bezos has a long-term vision of humankind moving heavy manufacturing into space, coupled with a short-term plan to develop reusable rocketry.
Whatever contributing factors account for the exact rise in spending, the major reorganization announced at the end of December and partly explained in January and February is supposed to further boost the capacity of China’s military.
Finding evidence of extraterrestrial life could be the bonus of NASA’s robotic mission to Europa to map the Jovian moon’s icy surface and might engender more government support.
The companies’ significant business overlap would have raised major concern with regulatory authorities, and even if it had been approved, the merger would have faced the wrath of customers.
Gaining flights to Cuba may not be the cash cow some U.S. airlines anticipate; the island nation is not equipped for a massive influx of tourists, and U.S. demand for flights to Cuba remains an unknown quantity.
Thailand’s airline industry has had to confront a daunting array of external and structural problems over the past several months, and while a few carriers are finding ways to prosper, other major players are struggling.
A pilot facility opens in Abu Dhabi to produce biofuel from plants that will clean the effluent from fish and shrimp farms and help make the growth of aquaculture more environmentally and economically viable.
If the Tianjin plant accelerates output, it will do so as part of Airbus’s push to a rate of 60 aircraft per month, which is supposed to be reached by mid-2019. Stepping up to six a month from four would be easy.