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In its 10-K filing, Archer Aviation says that Morgan Stanley forecast that the total addressable market for the urban air mobility market is projected to reach $1 trillion globally and $9 trillion ...
Archer Aviation (NYSE: ACHR) is a U.S.-based designer and manufacturer of electric vertical takeoff and landing (eVTOL) aircraft. The company's Midnight vehicles stand out as an entry in the ...
An American Airlines plane collided with an Army helicopter near Washington D.C in a rare mid-air crash.The company has a strong safety record. There has not been a midair collision like this ...
737 MAX aircraft parked at Grant County International Airport in October 2019. Following its intention to suspend production in December 2019, Boeing estimated an additional cost of $6.3 billion to deliver the 737 MAX program [4] and a subsequent reduction in the program's anticipated profit margin.
Under American and British accounting rules, a finance lease is generally defined as one in which the lessor receives substantially all rights of ownership, or in which the present value of the minimum lease payments for the duration of the lease exceeds 90% of the fair market value of the aircraft. If a lease is defined as a finance lease, it ...
The trust then leases the aircraft to an airline, and the trustee routes payments through the trust to the investors. Upon maturity of the note, the airline receives title to the aircraft. [1] See Pass-through certificate. The lease is not a "true" lease because the airline receives title at the end.
Editor's note: This page reflects news of the plane crash near DC on Wednesday, Jan. 29. For the latest updates on the search for survivors, please read USA TODAY's live coverage of the rescue and ...
Back in 2023, the Federal Aviation Agency created a safety review committee to address the issue. They recommended increased staffing, added oversight funding, and investing in airport technology.