Air TaxiQ&A With the New CFO of Overair Electric vertical take-off and landing (eVTOL) aircraft developer Overair recently announced the appointment of a new CFO, Tom Whayne. He previously served as chief strategy officer of Maxar Technologies and as CFO…
UnmannedAquiline Becomes First U.S. Drone Manufacturer to Establish Insurance Subsidiary Aquiline Drones Corporation, based in Hartford, Connecticut, has become the first drone manufacturer in the U.S. to create its own insurance subsidiary (ADIC). Barry Alexander, Founder and CEO of Aquiline Drones (AD),…
CommercialUPDATE: 737 MAX Pitches Boeing Revenues Into the Red UPDATE, 04/29/2019: Boeing's board of directors has approved a $2.055 per share quarterly dividend. The manufacturer paid $1 billion in dividends in Q4 2018 and $1.2 billion in dividends in the first…
CommercialBoeing Brings in $100 Billion in 2018 Revenue Boeing earned $101.1 billion in 2018, an 8 percent year-over-year growth and a new high mark for the planemaker. The company saw moderate gains in every major segment contribute to the total,…
CommercialBoeing's Defense, Services Segments Carry $25B Earnings in Q3 Boeing reported over $25.1 billion in third-quarter earnings Wednesday — up $900 million, or 3.8%, year over year (YOY) — despite stagnant commercial revenues thanks to growth in the smaller defense and…