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The Latest Breaking News from FAA

Benzinga Before The Bell: Texas Giga Tesla's Output Ramp Up, California's Lithium Tax, Spot Bitcoin ETF Proposal Rejection And Other Top Financial Stories Thursday, June 30

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Benzinga

FAA's Oversight Of Boeing 787 And 737 Production To Be Audited By US Watchdog

The office of the inspector general of the U.S.

Benzinga

Space tourism worsens climate change

Elon Musk has depicted himself as a foe of climate change, but a new study undermines that claim

Salon

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What's Holding Back Boeing's 787 Dreamliner?

After debuting in 2011, Boeing Co.'s 787 Dreamliner has become popular among the world's airlines. But heightened scrutiny both inside and outside the company in recent years has revealed a number of production flaws and largely prevented it from delivering new Dreamliner jets for nearly two years.

Bangkok Post

AT&T and Verizon delay 5G rollout near airports... again

The Federal Aviation Administration worries the new C-band 5G would interfere with air travel.

Input

Boeing 737 MAX mid-air emergencies revealed as US agency prepares to probe production issues

Reports from flight crews show Boeing's 737 MAX aircraft was involved in six mid-air emergencies in the US in the year after it was cleared to return to the skies following two fatal crashes.

ABC News

Boeing 737 Max disaster casts long shadow as planemaker tries to rebuild fortunes

Planemaker’s leadership team must restore its reputation and its balance sheet amid an uncertain future for the aviation industry

The Guardian - UK

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Airlines aim to shift blame for flight problems to FAA

With an eye on the upcoming July Fourth weekend, airlines are stepping up their criticism of federal officials over recent widespread flight delays and cancellations

The Independent UK

Independent report recommends changes after FAA's faulty 737 Max risk assessment

The way the FAA assesses the risk of a fatal airplane crash after a safety incident needs substantial overhaul, according to an evaluation mandated by Congress following the two Boeing 737 Max crashes conducted by an expert panel for the National Academies of Sciences.

Tribune News Service

American flights are unsafe for passengers, warns pilot: ‘There is a problem here’

‘I don’t fly the airplane unless I’m fit to fly and the airplane’s ready to go. But the fact that you’re pushing us and pushing us...’

The Independent UK

West Virginia helicopter crash: Six dead as Vietnam-era aircraft goes down during ‘pay-to-fly’ charity auction

The helicopter was thought to be on a tourist flight from Logan County airport

The Independent UK

Wells Fargo Sees Sharp Downside In Virgin Galactic - Read Why

Wells Fargo analyst Matthew Akers initiated coverage of Virgin Galactic Holdings Inc (NYSE:SPCE) with an Underweight rating and a price target of $4, implying a downside of 35%. SPCE has additional risk, according to the analyst, as he doubts it can create its new Delta spacecraft and continue to fund operations without another capital…

Benzinga

Residents threaten to shoot down Amazon delivery drones in California ranch town

Amazon’s drone programme has been in development for nearly a decade

The Independent UK

NASA fears Elon Musk rocket will explode destroying route to International Space Station

The billionaire if his latest SpaceX launch goes badly, it could effectively cut off the space agency's sole means of launching U.S. astronauts to the International Space Station

Daily Mirror

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The Independent UK

Verizon, AT&T delay some 5G service over airlines' concerns

Verizon and AT&T won't power up some wireless towers near airports until next summer to give airlines more time to make sure the new service won't interfere with planes

Tribune News Service

Its jet programs stalled, Boeing accentuates the positive ahead of the year's big air show

As the year's biggest aviation event approaches, with Boeing facing the prospect of a spotlight on the problems besetting its commercial jet programs and public criticism of its management by leading customers, the company opened up a little this week to highlight the positives.

The Independent UK

Flight cancellations create a bad travel day across the US

Airlines are canceling more than 1,500 flights across the U.S. in one of the worst days yet in the summer travel season

Benzinga

Citi Turns Bullish On Boeing - Read Why

Citi analyst Charles J Armitage upgraded the aerospace and defense firm Boeing Co (NYSE:BA) to Buy/High Risk from Neutral and lowered the price target to $209 (implying an upside of 56.3%) from $219. The analyst seeks to value Boeing on the assumption that the (significant) medium-term risks can be mitigated while also quantifying those risks.…

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Benzinga

Boeing Now Has a Liaison To Raise Concerns For Employees Who Work On Behalf Of FAA: WSJ

Boeing Co. (NYSE:BA) has appointed Mark Fava as its new ombudsperson for employees working on behalf of the Federal Aviation Administration, reported WSJ. Fava is a former U.S. Navy officer and airline operations official. According to a Boeing representative, Fava has recently concentrated on regulatory issues concerning the company's commercial…

The Independent UK

FAA says future planes will need to reduce carbon emissions

The Biden administration is proposing to require that future airplanes produce lower levels of greenhouse gas emissions before they can be certified

Reason

What's Wrong With That Footnote? It's Only Seven Words Long!

Chief Justice Roberts refuses to join a wee little footnote in a Justice Barrett opinion.

Tribune News Service

Boeing still lags Airbus in jet orders and production, may soon resume 787 deliveries

Monthly data from Airbus and Boeing for May shows the European giant still ahead of its U.S. rival in orders for the year and well ahead in production.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

CNBC

The Independent UK

‘Incredibly outdated’: Doctors call out airlines for lack of medical supplies on planes

‘We shouldn’t have to be dependent on another passenger having these in case of emergency,’ writes frustrated MD

Benzinga

SpaceX Gets One Step Closer To First Starship Orbital Test Flight

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX said on Monday that it is now a step closer to the first orbital flight test of its Starship from the Boca Chica launch site in Texas following a key Federal Aviation Administ

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