Pratt & Whitney’s proposed adaptive engine for the U.S. Air Force’s Next Generation Air Dominance fighter has moved closer to the detailed design review stage.
Airlines are ending their roller coaster ride from high profits to deep losses. The new operating environment sounds familiar: high costs and low margins.
SAS reports it faced higher costs from currency exchanges and fuel prices in a challenging fourth quarter (Q4) of its fiscal 2023, which ended Oct. 31.