Latest News for: Jet executives

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Textron Lifts 2021 Profit Forecast Again on Business Jet Strength

FX Empire 29 Jul 2021
General Dynamics Corp said on Wednesday it would make more of its Gulfstream jets. While Textron Chief Executive Scott Donnelly told analysts the higher demand “seems to be quite sustainable”, the maker of Cessna business jets is facing labor and supply chain challenges as factories struggle to meet surging orders.
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Jets, Zach Wilson issues include cash flow, offsets

Yahoo Daily News 28 Jul 2021
New York Jets ... Per a source with knowledge of the situation, the Jets and quarterback Zach Wilson have struck multiple roadblocks on the path to a contract for the second overall pick in the draft ... As to cash flow, the Jets want to defer millions in signing bonus money earned by Wilson when he executes the contract to 2022.
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The Lilium electric Jet will use batteries manufactured by Germany’s Customcells

Crunch 28 Jul 2021
Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet ... In June, Lilium added aerospace manufacturing giant Honeywell to its roster for the Jet’s flight control and avionics system ... But the key advantage, Lilium executives suggest, may lie with the certification process.
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Boeing posts first profit in almost 2 years

Chicago Business 28 Jul 2021
This new jet is Boeing's ticket back ... Executives had warned earlier this year that cutting production below a pace of five jets a month could clip margins and force the 787 program into a reach-forward loss ... Boeing is now manufacturing sixteen 737 Max jets a month and still plans to increase output to 31 a month by early next year.
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Boeing advances on first profit since 2019 as troubles ease

The Polk County Standard Journal 28 Jul 2021
With its business stabilizing, Boeing has halted large-scale job cuts well short of earlier plans to eliminate nearly 20% of its rolls, said Chief Executive Officer Dave Calhoun ... Executives had warned earlier this year that cutting production below a pace of five jets a month could clip margins and force the 787 program into a reach-forward loss.
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Boeing Jumps on First Profit Since 2019 as Covid Woes Ease

Yahoo Daily News 28 Jul 2021
But the company didn’t take the steep accounting charges that some analysts had predicted after executives had warned that cutting production below a pace of five jets a month could clip margins and force the 787 program into a reach-forward loss.
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A Pasadena startup got billions selling COVID tests, earning executives luxury homes and jets

The Los Angeles Times 28 Jul 2021
In the last year, executives at a Pasadena startup began flying from Burbank to destinations around the world on a pair of newly registered Gulfstream jets, one a G650 decked out in white plush seats, burnished interiors and other luxury finishes ... Jo Maugham, executive director of the Good Law Project, a nonprofit that sued the U.K.
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Boeing posts first profit in about two years

Business Day 28 Jul 2021
Executives had warned earlier in 2021 that cutting production below a pace of five jets a month could clip margins and force the 787 programme into a reach-forward loss ... Boeing is now manufacturing sixteen 737 Max jets a month and still plans to increase output to 31 a month by early next year.
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New Iranian Protests Underscore the Neglect and Evil of the Theocratic Regime

The Algemeiner 28 Jul 2021
Opinion. A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi ... He knew because he had built them all, twenty-one to date, and often during rainy seasons or after a big snowfall he liked to fly across the country in his executive jet to check the water levels from the air ... […] ... .
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GE raises cash outlook on hopes of aviation rebound

The National 27 Jul 2021
General Electric raised its cash outlook as growth in its jet engine division fuelled optimism that recovering air travel will bolster chief executive Larry Culp's turnaround efforts ... The outlook signalled the beginning of a recovery from the severe decline in GE’s jet engine unit caused by the coronavirus pandemic.
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Akufo-Addo’s ‘luxurious’ flight: Spare Ofori-Atta, he doesn’t have answers – Majority leader

Ghana Web 27 Jul 2021
Samuel Okudzeto Ablakwa who blew the whistle summoned the defence minister Dominic Nitiwul to answer questions on the matter where he explained that the decision was borne out of security of the President and lack of adequate space in the presidential jet ... on the presidential jet.
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GE Lifts Cash Outlook as Aviation Rebound Boosts Turnaround

Yahoo Daily News 27 Jul 2021
raised its cash outlook as growth in the jet-engine division fueled optimism that improving air travel will bolster Chief Executive Officer Larry Culp’s turnaround efforts ... The outlook signaled the beginning of a recovery from the severe decline in GE’s jet-engine unit caused by the Covid-19 pandemic.
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Spirit AeroSystems Announces Quarterly Cash Dividend

The Marshall News Messenger 27 Jul 2021
Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets ... warfighters to execute complex, critical missions. Spirit also serves the aftermarket for commercial and business/regional jets.
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Boeing’s talent exodus threatens turnaround after 737 Max crisis, pandemic

Business Line 26 Jul 2021
An exodus of some of the company’s most experienced engineers that threatens its rebound from a bruising run that includes the grounding of its 737 Max jets after two fatal crashes and the plunge in global air travel amid the spread of Covid-19 ... Amazon declined to make former Boeing executives available for an interview.
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“I will work with all stakeholders” – new GBA President

Ghana News Agency 26 Jul 2021
“I am willing to tap into the knowledge of all the previous presidents as well as executive members to ensure boxing regains its ... Neequaye, the former Chief Executive Officer (CEO) of the Baby Jet Promotions, defeated Dr.

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