Boeing gained stock market altitude as news that its long-delayed 787 flagship project may finally take off lifted shares beyond $56 to a 52-week high. Surprisingly to anyone who has followed the Dreamliner nightmare, or perhaps not given the dire state of US manufacturing, Boeing has outperformed the Dow Jones Industrials this year, gaining 41% versus less than 20% for the index; over five years, Boeing is up 3.8% and the Dow is down 1.22%.
Source: Flight International
Republican lawmakers questioned federal funding for electric aircraft infrastructure during a congressional hearing.
Gulfstream has completed the maiden flight of its G300 super-midsize business jet, with the test aircraft flying for 2h 25min from Tel Aviv’s Ben Gurion airport on 5 December.
Swiss start-up Jekta plans to begin flight testing a 1:9-scale model of its hydrogen-electric amphibious passenger aircraft next month as it works towards bringing the PHA-ZE 100 to market by 2030.
