-
Recent reports reveal significant shifts in labor markets in the US and Russia. In the US, job openings have decreased, and the quit rate has hit a low, impacting wage growth and career advancement. Meanwhile, Russia faces a labor deficit, leading to rising wages amid changing workforce dynamics. The gender wage gap in the US has also widened for the first time in 20 years.
-
China's Commercial Aircraft Corporation (Comac) is promoting its C919 passenger jet as a competitor to Boeing and Airbus. Recent tours for students highlight its development, while potential orders from Southeast Asia could bolster its international presence. Comac seeks to learn from Embraer's success to enhance its global strategy.
-
As the election approaches, Kamala Harris and Donald Trump ramp up their campaigns, with Harris focusing on reproductive rights and Trump's perceived exhaustion. High-profile endorsements from celebrities like Beyoncé and Lizzo aim to energize voters, particularly in battleground states like Georgia and Pennsylvania. Election Day is set for November 5, 2024.
-
Elon Musk's America PAC is under investigation by the DOJ for a $1 million daily lottery aimed at swing-state voters. Critics argue this could violate federal laws against paying for voter registration. The initiative has sparked significant debate about legality and ethics in political fundraising as the election approaches.
-
The FAA has established final regulations for electric air taxis, marking a significant step in advanced air mobility. These rules will govern pilot training and operational requirements, paving the way for companies like Joby and Archer to begin operations as early as 2025. The AG600 Kunlong also passed critical safety tests in China.
-
Boeing is exploring the sale of parts of its space business, including the troubled Starliner spacecraft, amid ongoing financial losses and operational challenges. The company has reported nearly $6 billion in losses, raising concerns about its future in the aerospace industry.
-
European airlines are grappling with declining profits amid rising operational costs and delivery delays from Boeing. Ryanair reported an 18% drop in profits, while Air France-KLM's earnings fell short of expectations due to reduced travel during the Paris Olympics. British Airways' parent company, IAG, posted strong profits, contrasting with its competitors' struggles.
-
On October 22, 2024, Qatar Airways launched its first flight equipped with Elon Musk's Starlink internet service, offering high-speed connectivity to passengers. The airline plans to roll out Starlink across its Boeing 777 fleet by the end of 2024, enhancing the in-flight experience significantly.
-
Following the Crew-8 mission's return from the International Space Station, one NASA astronaut was hospitalized for observation due to an unspecified medical issue. The crew, which included three NASA astronauts and one Russian cosmonaut, splashed down in the Gulf of Mexico after nearly eight months in space.
-
As the presidential election approaches, Kamala Harris rallies with celebrities in Houston, while Donald Trump continues to criticize his opponents. Polls show a tight race between Harris and Trump, with both candidates focusing on key issues like reproductive rights and immigration. Tensions rise as former Trump officials label him a fascist.
-
An audit by the Department of Defense revealed the Air Force overpaid nearly $1 million for C-17 spare parts, including exorbitant prices for lavatory soap dispensers. Boeing disputes the findings, citing comparisons with commercial items. The report highlights significant oversight issues within the Air Force's procurement processes.
-
Colombia's economy grew 2% in Q3 2024, below expectations, prompting President Gustavo Petro to advocate for deeper interest rate cuts. This follows a trend of mixed economic performance across various countries, including Malaysia's robust growth and concerns over trade tensions under a potential Trump administration.
-
In the wake of Donald Trump's election victory, major tech executives are proactively reaching out to him to rebuild relationships and mitigate potential backlash. This shift reflects lessons learned from Trump's first term, where corporate leaders faced punitive actions for perceived disloyalty. The outreach aims to secure favorable treatment in a potential second Trump administration.
-
Boeing workers have ratified a new contract, ending a seven-week strike that halted production. The International Association of Machinists and Aerospace Workers reported that 59% of members approved a deal featuring a 38% pay increase over four years, but the company declined to restore a frozen pension plan.
-
Riyadh Air has announced an order for 60 Airbus A321neo aircraft, aiming to launch flights next summer and connect over 100 global destinations by 2030. This deal is part of Saudi Arabia's strategy to enhance its aviation sector and boost tourism.
-
Japan's V-22 Osprey fleet has been grounded following an incident during the Keen Sword military exercise, where an aircraft became unstable during takeoff. No injuries were reported, but the grounding comes after a previous crash last year that killed eight service members, raising safety concerns.
-
In a surprising turn, Kamala Harris has taken a narrow lead over Donald Trump in Iowa, a state previously considered solidly Republican. This shift, driven by increased support from women and older voters, raises questions about the electoral landscape as Election Day approaches.
-
Singapore Airlines is investing over $800 million to retrofit its long-haul fleet with new first-class and business-class seats, responding to a resurgence in demand for luxury travel. The airline aims to enhance passenger experience with privacy doors and upgraded amenities, while competing against Gulf carriers and addressing evolving customer preferences.
-
On November 13, 2024, American Airlines Flight 298 from Honolulu to Los Angeles was directed to perform an expedited climb after failing to make an assigned turn, putting it on a collision course with the Koʻolau mountains. The FAA is now investigating the incident, which ended safely with no injuries.
-
Hainan Airlines flight HU438 returned to Rome's Fiumicino Airport on November 10 after a bird strike caused an engine fire. Meanwhile, Qantas flight QF520 made an emergency landing in Sydney on November 8 due to a suspected engine failure. No injuries were reported in either incident.
-
Comac's rebranded C909 regional jet aims to compete with Embraer's E2 series, focusing on short to medium-haul flights. Despite securing some orders, Comac faces challenges in international markets, particularly in the US and Europe, where certification remains a hurdle.
-
Boeing plans to lay off nearly 2,200 workers in Washington state as part of a broader strategy to reduce its workforce by 10%. The layoffs come amid ongoing financial struggles and production issues following a recent strike by machinists. Affected employees will remain on payroll until mid-January 2025.