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The Latest Breaking News from FAA

Senator says FAA administrator failed to sell multimillion-dollar airline stake as promised

A Democratic Senator says the head of the Federal Aviation Administration has not sold off his multimillion-dollar stake in the airline he led since 1999 despite a promise to do so as part of his ethics agreement

The Independent UK

Archer Aviation Is Bringing Its Flying Cars to Saudi Arabia. Is ACHR Stock a Buy Here?

Should you consider buying Archer Aviation’s stock as it gears up to bring its air-taxis to Saudi Arabia?

Barchart

Senators seek to change bill that allows military to operate just like before the DC plane crash

Senators from both parties are pushing to change a defense bill after crash investigators and victims' families warned it could undo key safety reforms

The Independent UK

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I’ve been testing the DJI Neo 2 and it improves on its predecessor in every way — this is the best budget drone you can buy

The DJI Neo 2 improves on the Neo by introducing omnidirectional obstacle avoidance, 4K/60fps video, a two-axis mechanical gimbal, and more internal storage.

Tom’s Guide

Florida drivers stunned as a plane makes emergency landing into traffic on I-95 highway

One second all was fine, next second it went to hell.

We Got This Covered

Citi Is Betting on a ‘Super Cycle’ in Airline Stocks. Here’s the Top-Rated Name to Buy Now.

Delta Air Lines trades at a discounted earnings multiple despite solid cash flow, a durable double‑digit margin outlook, and Citi’s “supercycle” call for the big three U.S. carriers, making DAL look more like a long‑term compounder than a short‑term trade.

Barchart

New Orleans leaders blast immigration crackdown, pointing to video of agents chasing US citizen

New Orleans’ mayor-elect says a federal immigration crackdown launched this week is already causing harm

The Independent UK

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FAA launches investigation into US airlines over flight cuts ordered during the shutdown

The Federal Aviation Administration has launched an investigation into whether U.S. airlines complied with an emergency order to cut flights at 40 major airports during the recent government shutdown

The Independent UK

Families of people killed in UPS cargo plane crash sue carrier for wrongful death

The crash in Kentucky of an MD-11 cargo plane killed 14 people and injured 23 others on November 4

The Independent UK

What to know about the air traffic control overhaul and the company FAA hired to manage it

The government picked a company with little experience working with the Federal Aviation Administration called Peraton to oversee the roughly $31.5 billion overhaul of the outdated air traffic control system

The Independent UK

Boeing's Bullish Breakout: Is This Rally Cleared for Takeoff?

Boeing's return to positive cash flow, FAA-approved production hikes, and confident new leadership signal that a fundamental recovery is gaining momentum.

MarketBeat

Longest US government shutdown cost Delta Air Lines $200 million

Delta Air Lines estimates that it lost $200 million due to the longest government shutdown on record

The Independent UK

SpaceX cleared for redesign of launch pad at Cape Canaveral that will allow 76 additional launches per year

The FAA predicts there will be a significant increase in space launches between now and 2034

The Independent UK

Republican pushes back on Trump proposal to dock pay from air traffic controllers who missed work during shutdown

‘The problem with something like that is you really don’t know the circumstances’

The Independent UK

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Benzinga

Sean Duffy Says Airbus A320 Software Recall Won't Cause 'Major' Disruptions For Travelers: 'Great Progress...'

Transportation Secretary Sean Duffy has assured travelers that the Airbus SE (OTC:EADSY) (OTC:EADSF) software recalls would not cause travelers major delays or flight disruptions.

International Business Times UK

U.S. Officials Stunned as Trump Claims Venezuela's Airspace Is 'Closed In Its Entirety'

Trump's Truth Social post ordering Venezuela's airspace to be 'closed in its entirety' has provoked official confusion, an FAA security NOTAM and a furious Venezuelan communique.

The Guardian - US

Venezuela denounces ‘colonialist threat’ as Trump orders airspace closed

President made declaration in a social media post, after FAA last week warned airlines of ‘worsening security situation’

The Independent UK

Trump says Venezuela's airspace should be viewed as closed. It's not clear what that means

President Donald Trump is saying the airspace “above and surrounding” Venezuela should be considered as “closed in its entirety.”

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The Independent UK

Trump tells airlines to consider Venezuela’s airspace closed as US military buildup continues in region

The FAA over the weekend advised airlines to ‘exercise caution’ when flying in the region amid ‘heightened military activity’

International Business Times UK

UPS Shipping Crisis Set To Drag On for Months As Entire Air Fleet Is Grounded

UPS has grounded its entire MD‑11 air fleet after a deadly crash, warning customers of months-long delivery delays and widespread shipping disruption.

Evening Standard

Travel disruption fears as Airbus says thousands of planes need maintenance

Airbus said the problem was discovered following a recent ‘incident’ in the US involving an A320 family aircraft

The Guardian - UK

Airbus issues major A320 recall after mid-air incident grounds planes, disrupting global travel

Immediate software change on ‘significant number’ of jets to result in disruption to half the worldwide fleet

The Independent UK

UPS grounds fleet of planes indefinitely after deadly crash

UPS Airlines has grounded its MD-11 planes indefinitely for inspections and possible repairs after a deadly crash earlier this month

The Guardian - UK

Venezuela bans six international airlines as tensions with US escalate

Carriers accused of joining ‘actions of state terrorism promoted by US’ after they suspended flights to Venezuela

International Business Times

Amazon Delivery Drone Activates Safety Feature After Hitting Overhead Cable

An Amazon delivery drone made a safe emergency landing after clipping an overhead internet cable in Texas, prompting an FAA investigation.

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