U.S receives 2 million face masks from South Korea

U.S receives 2 million face masks from South Korea In Seoul on May 11th, 2020 the Government of South Korea sends a National Air Cargo, Boeing 747 with 2 Million masks to the United States. The masks were given to help fight against the coronavirus, stated the foreign ministry. President Moon Jae-in of South Korea…

Southwest Airlines enters Leaseback Deal bringing in $815M

Southwest Airlines enters Leaseback Deal bringing in $815M Southwest Airlines (NYSE: LUV) recently finalized a deal to enter in a sale-leaseback for 10 of its Boeing (NYSE: BA) 737-800. In addition the contract also includes 10 of their Boeing 737 MAX 8. This information was released in a recent filing which can be found on…

National Airlines Delivers Medical Supplies to Government of Haiti

Photo Credit: @chisholmeric National Airlines Delivers Medical Supplies to Government of Haiti On Thursday May 7th, 2020, The Government of Haiti welcomed National Airlines with open arms as their Boeing 747 arrived with medical and sanitary equipment on board. This flight is the first of many in a project coordinated by local officials to bring…

Virgin Galactic’s SpaceShipTwo takes first flight from Spaceport America

SpaceshipTwo Unity flying free in the New Mexico Airspace for the first time (Photo: Business Wire) Virgin Galactic SpaceShipTwo takes first flight from Spaceport America VSS Unity takes its inaugural solo flight from Spaceport America on May 1st, 2020 in New Mexico. This is a significant milestone in the preparation for commercial service for Virgin…

Airlines prepare for Q1 2020 earnings release

Airlines prepare for Q1 2020 earnings release Today is May 4th, 2020. The world has been in Lockdown since mid-March and many individuals and organizations are eager to get back out in the world and begin operations as normal again. Although many fear that normal may take years to return back to, studies show that…

National Airlines delivers medical supplies within Passenger B-757

(Photo by Beth Hollerich) National Airlines delivers medical supplies within Passenger B-757 Sponsored by National Airlines National Airlines has been working closely with local and federal government authorities as well as various international companies in the global effort to bring back a sense of normalcy to the world. Air cargo plays an essential role in…

Boeing “wrongfully” terminates deal to buy Embraer Commercial Division for $4.2B

Boeing "wrongfully" terminates deal to buy Embraer Commercial Division for $4.2B Today in a recent Press Release sent out by Boeing (NYSE: BA), they annoucned that they have officially terminated its Master Transaction Agreement (MTA) with Embraer (NYSE: ERJ). The agreement would have brought the two companies together to establish a strategic partnership. The two…

Embraer Trading at Record Lows

Embraer Trading at Record Lows Embraer is currently trading at a range which is the lowest the stock has ever gone before. The outbreak of COVID-19 has directly affected the entire aviation and travel industry as a whole. Embraer is known internationally for its Regional Airlines and its Business Aviation models. Their aircraft have gained…

Lockheed Martin Webcast to Announce Q1 Earnings April 21, 2020

Lockheed Martin Webcast to Announce Q1 Earnings April 21, 2020 BETHESDA, Md., April 14, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter earnings results conference call on Tuesday, April 21, 2020, at 11 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Ken Possenriede, executive vice president and chief financial officer; and Greg Gardner, vice president…

Uber Launching Two New Delivery Services

Uber Launching Two New Delivery Services Uber has experienced a dramatic decrease in demand for Ride-hailing services as families are staying at home during the COVID-19 pandemic outbreak. In response to the decrease in business the company has decided to now allow for delivery of medicine, supplies and packages between families and friends. The announcement…

Top 5 Traded Airline Stocks

Top 5 Traded Airline Stocks The Airline Industry has been directly affected as a result of the global travel restrictions to slow down the spreading of COVID-19. Many airlines have been unable to keep their doors open with lack of cash on hand to hold out through the storm. As the entire market experiences a…

Delta Airlines Earnings in Question for Q1, 2020

This post has been revised after publishing Delta Air Lines Announces Webcast  ATLANTA, April 15, 2020 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss March quarter 2020 financial results at 10:00 a.m. ET, Wed., April 22, 2020.    A live webcast of this event will be available at ir.delta.com.  An online replay will…

Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines.

Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines. Part of the $2.3 trillion dollars in the CARES Act, includes a substantial grant to be provided to passenger airlines. A total of $25 Billion in cash grants will be allocated specifically for the purpose of payroll. Cargo Carries…

Jet-A Oversupply Beneficial to Cargo Airlines

Jet-A Oversupply Beneficial to Cargo Airlines Oil has been to record lows during the last few weeks. This has been going on simultaneously along with the economic downturn due to the Coronavirus (COVID-19) outbreak. It has been a serious of events which have lead us to where we are currently today with out oil prices…

U.S. Futures Rise Despite Record Unemployment

U.S. Futures Rise Despite Record Unemployment Back on October 4th 2019, the White House Releases an article with the Bureau of Labor Statistics (BLS) which showed a highlight of its Monthly Employment Situation Report. the Trump Administration took great pride in announcing the success it has had in its ability to develop over 6.4 Million…

National Airlines Providing Emergency Relief Supplies

National Airlines Providing Emergency Relief Supplies On Thursday, April 2nd, The Columbus Regional Airport Authority (CRAA) and the Federal Emergency Management Agency (FEMA) confirmed that the National Airlines Boeing 747 arrived around 6 a.m. local time. The cargo on board included essential personal protective equipment to help fight the spread of the novel COVID-19 virus…

Stimulus Package Providing Aid to Airlines

Stimulus Package Providing Aid to Airlines In the new stimulus bill it is now allowed to the Federal Reserve to buy corporate bonds with the lowest ratings. These policies can potentially expose the Federal Reserve to potential risks as these are assets and companies that many other banks would not invest in. They believe that…

Airline Stocks Spike Up On the Opening Bell

Airlines Stocks Spike Up On the Opening Bell At the time of writing this article every single stock in the S&P 500 is up today which is something that has not occurred once in the last few weeks. The next few weeks will certainly shape how we are going to be able to respond to…

Aerospace Spring Stock Market Outlook

Aerospace Spring Stock Market Outlook The Airlines and Aerospace Industry is being currently dramatically affected due to the current global outbreak of the coronavirus. Thousands and thousands of flights are being cancelled on a daily basis as countries are closing their borders in efforts to prevent the spread of the virus. With travel restrictions in…

Stock Market Halt Triggered

Stock Market Halt Triggered On Monday the March 9th, 2020, the Dow Jones Industrial Average fell 7.5% within the first 5 min of the market being open. This triggered a stock market halt that was build into the Dow Jones to protect itself from a complete catastrophic crash in a single day. The market has…