Today In Aviation

Last Updated: Tuesday, Oct. 15, 2024, 12:28 PM PDT

2024-10-15T12:28:14.663496-07:00 2024-10-15T12:28:14.663496-07:00 (2024-10-15T12:28:14.663496-07:00)

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Airways Magazine

DOT Fines Lufthansa US$4M for Civil Rights Violations

By Airways Magazine: The US DOT has fined Lufthansa US$4 million for discriminating against Jewish passengers in 2022.

2024-10-15T07:25:53.477028-07:00
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Paddle Your Own KanooMateusz Maszczynski

Air India Flight to Chicago Makes Emergency Diversion to Remote Canadian Airport in Latest Bomb Hoax Drama

By Paddle Your Own Kanoo: An Air India flight from Delhi to Chicago was forced to divert to a remote airport in the Canadian territory of Nunavut on Tuesday after an online bomb threat was posted against the airliner.

2024-10-15T09:14:09.861662-07:00
Boeing   777X   Leadership   777  
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Wall Street JournalSharon Terlep

Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain

By Wall Street Journal: Under the shelf registration, Boeing is expected to pursue a stock offering that raises around $10 billion, according to people familiar with the matter. A strike by Boeing’s largest union is exacerbating financial woes at the jet maker, which last turned a profit in 2018. Its operations had been burning through about $1 billion a month before the strike. Boeing ended September with $10.3 billion in cash and securities, close to the minimum amount the company has said it needs to operate. The new $10 billion credit agreement is in addition to about $10 billion in existing, untapped revolving credit agreements. Boeing has $45 billion in net debt. “These are two prudent steps to support the company’s access to liquidity,” Boeing said in a statement. Boeing shares, which began the year around $250, were little changed in premarket trading near $150.

2024-10-15T03:56:54.619685-07:00
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PaxEx.AeroSeth Miller

New cabins coming to Delta

By PaxEx.Aero: A fleet-wide cabin retrofit, including fresh seating materials, a renewed color palette, decorative motifs and signature branding, is coming to the Delta fleet.

2024-10-15T05:02:16.452040-07:00
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eveairmobility.comThiago Riboura

Eve Air Mobility Secures USD$88 million from BNDES to Finance eVTOL Manufacturing

By eveairmobility.com: Eve is a new independent company founded by Embraer dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, Eve is taking a holistic approach to progressing the UAM ecosystem with an advanced electric vertical takeoff and landing vehicle (eVTOL), comprehensive global services and support network, and a unique air traffic management solution.

2024-10-15T05:14:14.400163-07:00