October 12, 2024

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Boeing to Cut 17,000 Jobs, Delay 777X Jet Deliveries, and Record $5 Billion in Losses Amid Ongoing Strike

2 years ago

Key Points During an ongoing strike, Boeing will cut 17,000 jobs, or 10% of its workforce. The company expects $5 billion in losses for the third quarter and delays 777X deliveries until 2026. Boeing faces regulatory scrutiny and legal challenges...

Latest October 12, 2024

FAA Approves SpaceX Falcon 9 Return to Flight After September Mishap, Starship 5 Launch Awaiting Approval

by EDITORIAL TEAM

2 years ago

Key Points After reviewing the September mishap investigation, the FAA approves Falcon 9’s return to flight. Falcon 9 is set to launch the ESA's Hera spacecraft on Monday. The FAA is still reviewing SpaceX's Starship 5 test launch license, which is expected by late November. Elon Musk criticizes FAA delays and threatens legal action, calling...