Business

Brazil's Embraer reports $315 mln in losses

Brazilian aircraft manufacturer Embraer reported second quarter losses of $315 million Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.

Energy & Green Tech

Hazy timeframe for reaching electric plane era

Recent test flights suggest the era of electric airplanes is coming closer, but aviation experts caution that achieving commercial use hinges on regulatory approval which has an unknowable timeframe.

Business

Boeing to reduce 787 production after identifying new jet issue

Boeing is cutting production on the 787 Dreamliner after identifying a new problem with the plane, the company announced Tuesday in the latest in a series of setbacks as the aviation giant struggles to fully recover from ...

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