Five Must-See Stories From Last Week (W/C April 19)
President Donald Trump has implemented new import taxes, or tariffs, on almost every country, with some much higher than others for so-called reciprocal effects.
Trending topics include Boeing selling Jeppesen and ForeFlight, along with others, for $10.6 billion; Boeing's 737 MAX jets have been flown back from China amid ongoing tariff tensions; the aerospace and defense industry faces uncertainty following updates on tariffs; Lockheed has decided not to contest the F-47 decision; and Avelo Airlines is reducing its operations at its new base in North Carolina.
Boeing Sells Jeppesen, ForeFlight, Others For $10.6B
Software investment firm Thoma Bravo has emerged as the winning bidder for a slew of Boeing assets being divested, including Jeppesen, ForeFlight, AerData and OzRunways.
Boeing 737 MAX Jets Flown Back From China Amid Tariff Tensions
Boeing 737-8 aircraft originally destined for China have been flown back to the U.S., as trade tensions continue to mount between Washington and Beijing.
After Tariffs, Aerospace And Defense Sees Nothing But Uncertainty
The global aerospace industry has grown into an economic powerhouse under an umbrella of free trade that for decades had largely been taken for granted.
Lockheed Will Not Protest F-47 Decision
Lockheed Martin will not protest Boeing’s victory in the competition to build the U.S. Air Force’s next fighter, and plans to compete against the F-47 by harnessing many of the same capabilities and applying them on the company’s F-35 and F-22 fighters at half the cost, CEO James Taiclet said on April 22.
Avelo Airlines Scales Down Operations At New North Carolina Base
U.S. carrier Avelo Airlines has pulled back from building up its new base at North Carolina's Concord-Padgett Regional Airport (USA), dropping six routes.
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