CNBC
• Leslie Josephs
Airbus maintained its full-year target of about 870 aircraft and its production ramp-up plans at the nine-month mark, despite fewer third-quarter deliveries. The company cited inspections of A330 horizontal stabilizers after a tool was reported missing; separate coverage points to rising A350 demand and pressure for faster deliveries.
North America
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Joshua Kutryk is scheduled to venture outside the International Space Station on Oct. 29, marking the first spacewalk by a Canadian astronaut in more than seven years. The event will be broadcast live, according to the report.
Northern Air Cargo has retired its last Boeing 737-400 freighter, ending the US cargo carrier’s operation of the type. The available report does not specify the aircraft’s replacement, retirement timing or effect on the airline’s capacity.
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JetZero has secured FAA funding to collect real-world airflow data from Jet1, its blended-wing-body demonstrator. The tests will help build flight data ahead of the aircraft’s planned first flight in 2027; the FAA funding is directed at flight testing the demonstrator’s top-mounted engines.
Shares of U.S. drone makers and suppliers, previously among the stock market’s hottest names, are poised to fall further as investors assess the risk that a Democratic “blue wave” in the midterm elections could squeeze industry funding. The concerns put political support for the sector in focus.
High activity
Airbus maintained its full-year target of about 870 aircraft and its production ramp-up plans at the nine-month mark, despite fewer third-quarter deliveries. The company cited inspections of A330 horizontal stabilizers after a tool was reported missing; separate coverage points to rising A350 demand and pressure for faster deliveries.
High activity
SWISS plans to end its cooperation with airBaltic after the winter 2026/27 timetable and reduce its wet-leased fleet from 26 aircraft to about 18 in summer 2027. The move follows improved narrowbody availability and shifts more flying back to SWISS aircraft and crews.
Firehawk Defense, a U.S. rocket motor maker backed by Donald Trump Jr., said a new financing round valued the startup at more than $1.4 billion. The investment comes as private capital targets shortages in tactical munitions, according to the report.
Archer Aviation plans to establish air taxi networks in Dallas, Houston and Austin, connecting key airports, business districts and coastal destinations with its Midnight electric aircraft. The proposed networks would extend the company's urban air mobility plans across three major Texas markets.
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