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X @BBC News (World)
BBC News (World)· 2025-10-20 04:19
Two dead after cargo plane skids off Hong Kong runway into sea https://t.co/PyP1HMFmRV ...
X @The Economist
The Economist· 2025-10-18 20:40
The Whittle Laboratory helps keep Britain as the sole country outside America with the expertise to make, and improve, jet engines capable of powering the largest planes.Money has nevertheless proved hard to find https://t.co/qBH0FAGHuH ...
He tried to bring flying taxis to Uber. Now, he's at Joby to finish the job.
Business Insider· 2025-10-18 10:23
Core Insights - The electric flying car industry is transitioning from speculative to tangible, with significant advancements in technology and public demonstrations showcasing the viability of eVTOLs [4][24]. - Joby Aviation, under the leadership of Eric Allison, aims to integrate flying cars into a service model similar to Uber, leveraging past experiences from both Zee.Aero and Uber's Elevate division [3][21]. Company Background - Eric Allison has been involved in the eVTOL sector since 2010, starting with Zee.Aero, which was founded by Google co-founder Larry Page [1][5]. - Wisk Aero, a subsidiary of Boeing, is the current embodiment of the work done at Zee.Aero and Kitty Hawk, focusing on autonomous flying taxis [2][11]. Technological Evolution - The concept of flying taxis has evolved significantly since 2010, with advancements in battery technology, inverters, and computing power making electric propulsion feasible for aircraft [13][14]. - The initial vision for personal air vehicles has shifted towards a more defined model of air taxi services, reflecting changes in market demand and technological capabilities [15][12]. Industry Challenges - The transition from a speculative idea to a credible service has faced skepticism, but recent public demonstrations have helped to shift perceptions [24][16]. - The challenge of convincing the public and stakeholders about the feasibility of flying cars has been a significant hurdle, requiring a clear and ambitious vision [19][20]. Customer Experience - The envisioned customer experience for Joby Aviation includes a seamless integration with existing ride-hailing services, allowing users to book flying taxi rides through familiar platforms like Uber [21][22]. - The operational model aims to provide a stress-free travel experience, significantly reducing travel time to major airports [22][23]. Future Outlook - The company is focused on achieving milestones such as the first passenger flight and aims for broader adoption, with long-term goals extending beyond initial successes [25].
X @The Economist
The Economist· 2025-10-17 19:20
The Whittle Laboratory refines jet engines, and it is very good at it. The lab scoops up more industry awards than any of its rivals, in a formidable industry to master. That will soon change https://t.co/MjP34yS6VB ...
'IOU's don't pay the bills': Air Traffic Controller on working through the shutdown
MSNBC· 2025-10-17 17:50
Joining me now is one of the 13,000 air traffic controllers working without pay right now. Pete Lef Fever is a member of the National Air Traffic Controllers Association and helps control the skies over Washington. First of all, Pete, thanks for your work that you do.We saw you over the week handing out pamphlets and flyers to educate travelers about what's going on right now. What do you want people to know. >> Good morning.Thank you so much for having me on. Uh 17 days ago the government shutdown was just ...
What to Expect From Leidos Holdings’ Next Quarterly Earnings Report
Yahoo Finance· 2025-10-17 10:37
Company Overview - Leidos Holdings, Inc. (LDOS) is a Virginia-based technology company specializing in defense, aviation, information technology, and biomedical research with a market cap of $23.9 billion and approximately 47,000 employees [1] - The company operates across four primary divisions: National Security & Digital, Health & Civil, Commercial & International, and Defense Systems [1] Earnings Expectations - Analysts expect LDOS to report a profit of $2.62 per share on a diluted basis for the fiscal third quarter of 2025, which represents a decline of 10.6% from $2.93 per share in the same quarter last year [2] - For the full fiscal year, analysts anticipate an EPS of $11.41, reflecting an increase of 11.8% from $10.21 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, LDOS stock has increased by 9.7%, which is lower than the S&P 500 Index's 13.5% gains and the Technology Select Sector SPDR Fund's 24% gains during the same period [4] - Following the release of strong Q2 results on August 5, Leidos Holdings' shares surged by 7.5%, with revenue rising 2.9% year over year to $4.3 billion, exceeding expectations [5] Analyst Ratings - The consensus opinion on LDOS stock is reasonably bullish, with a "Moderate Buy" rating overall; out of 16 analysts, ten recommend a "Strong Buy," one suggests "Moderate Buy," and five give a "Hold" [6] - The average analyst price target for LDOS is $196.28, indicating a potential upside of 6.4% from current levels [6]
New Horizon Aircraft: Why I'm Investing In This Regional Air Mobility Play
Seeking Alpha· 2025-10-16 18:23
Group 1 - New Horizon Aircraft Ltd. (NASDAQ: HOVR) is identified as a notable company in the aviation innovation sector [1] Group 2 - Mr. Mavroudis is a professional portfolio manager with expertise in risk management and financial market analysis [2] - He has successfully navigated major crises, including the COVID-19 pandemic [2] - Mr. Mavroudis holds multiple degrees and certifications, enhancing his credibility in investment management [2]
Why the Middle East Could Be the First Region to Launch Joby Aviation's Flying Taxis
Yahoo Finance· 2025-10-16 10:45
Core Insights - Joby Aviation is positioning itself to launch its electric vertical takeoff and landing (eVTOL) services in the Middle East, particularly in Dubai and Saudi Arabia, rather than traditional markets like Los Angeles or Tokyo [1][2] Group 1: Dubai's Infrastructure and Testing - The United Arab Emirates is heavily investing in next-generation transportation, with Joby already completing 21 successful piloted full-transition flights in Dubai under extreme heat conditions [4][5] - Dubai's Roads and Transport Authority plans to launch an air taxi service by 2026, with infrastructure developments like a vertiport network already in progress [6] - If successful, Joby could initiate passenger flights in Dubai as early as 2026, potentially making it the first commercial eVTOL service globally [6] Group 2: Saudi Arabia's Market Potential - Joby signed a partnership with Abdul Latif Jameel in 2025 to explore a deal for up to 200 eVTOLs, valued at approximately $1 billion [7] - This partnership aligns with Saudi Arabia's Vision 2030, which aims to diversify the economy through innovation and sustainable technology [8] - The swift approval processes in Saudi Arabia and the UAE could facilitate early launches of eVTOL services, positively impacting investor sentiment towards Joby Aviation [9]
Is It Too Early to Invest in Archer Aviation Stock?
Yahoo Finance· 2025-10-16 10:17
Core Insights - Archer Aviation is positioned as a potential leader in the electric vertical takeoff and landing (eVTOL) aircraft market, with its Midnight aircraft expected to begin commercial operations in the UAE by next year, followed by the U.S. market [1][3] - The company has formed partnerships, including one with United Airlines, to launch air taxi services in New York City and is set to be the official air taxi provider for the 2028 Olympic Games in Los Angeles [3] Company Progress and Challenges - Archer is generating excitement with its Midnight eVTOL, but its business model remains unproven, and it has yet to produce aircraft at scale or generate revenue [3][4] - The company is currently burning through cash and relying on stock offerings for funding, which raises concerns about sustainability and potential dilution for investors [5][7] Market Valuation Concerns - Archer's market capitalization is approximately $8 billion, which is significantly higher than the estimated $2 billion total eVTOL market size last year, indicating a potentially inflated valuation [6]
Electric aircraft startup Beta Technologies seeks to raise $825M in IPO
TechCrunch· 2025-10-15 23:54
Core Insights - Electric aviation startup Beta Technologies is aiming to raise up to $825 million through its initial public offering (IPO), with share prices set between $27 and $33, leading to a potential valuation of approximately $7.2 billion if investors buy at the top of the range [1] Company Overview - Founded in 2017 by CEO Kyle Clark, Beta Technologies is based in Vermont and has opted for a unique funding strategy, avoiding venture capital and instead raising $1.15 billion from institutional investors such as Fidelity and Qatar Investment Authority [2][3] Recent Developments - Beta Technologies recently announced a strategic partnership with GE Aerospace to develop a hybrid-electric turbogenerator for next-generation aircraft, with GE Aerospace committing to invest $300 million and take a stake in the company [4]