Lockheed Martin Up in Pre-Market

Lockheed Martin Up in Pre-Market Lockheed Martin (NYSE: LMT) announced today their 2Q20 Earnings report showing a net sales of $16.2 billion showing an increase from the previous year second quarter earnings of just $14.4 billion. While many other company have done poorly in the aviation industry we are seeing those that are in the…

Successful First Flight for Cessna SkyCourier

Successful First Flight for Cessna SkyCourier Textron Aviation Inc., a Textron Inc (NYSE: TXT) company celebrates the successful first flight of their brand new Cessna Skycourier. This brand new utility turboprop marks a major move in the direction of bring new aircraft to the current market. The flight test was the first of many that…

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…

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…

Cargo Airlines Continue to Fly to China

Cargo Airlines Continue to Fly to China The Coronavirus has certainly shaken the aviation industry over the last few weeks. The first companies to see an immediate affect was the commercial airlines. With restrictions of travelling within certain areas of China in addition to tourism rates dropping down due to lack of demand the airlines…