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Log-in here if you’re already a subscriber Release DateApril 12, 2022TAC Explains: What is sustainable aviation fuel?Purchase a PDF of...
The threat of increased conflict between Russia and Ukraine and the resulting fall-out leaves the civil aerospace industry acutely vulnerable to everything from astronomical jet fuel prices and disrupted airspace to the potential for full-scale derailment of commercial aircraft production.
Although much of the shine has worn off them at the beginning of 2022, SPACs have successfully funneled billions of dollars to early-stage technology companies, including multiple aerospace startups — giving them the capital they need to supercharge research and development and take experimental concepts through certification.
With a method called program accounting, long blessed by both the U.S. Securities and Exchange Commission and its auditor, Deloitte, Boeing spreads its high early costs of jetliner production over a roughly 10-year block of deliveries, enabling it to book future earnings in times of steep cash usage. Ultimately the intent is to balance out the enormous costs of producing a jetliner and recognize the long-term rewards of a successful program.