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The Latest Breaking News from FAA

Housing costs skyrocket as SpaceX expands in Texas city

SpaceX plans to launch rockets near Brownsville, Texas, and send the first person to Mars from there. Seven years after breaking ground, residents say the only thing skyrocketing is housing prices.

WEKU

Archer Aviation Shares Gains Post Q1 Results

Archer Aviation Inc (NYSE:ACHR) reported a first-quarter net loss of $(59.2) million, wider than the $(43.3) million loss in 4Q21 and narrower than the $(94.9) million loss in 1Q21. Adjusted EBITDA loss expanded to $(39.1) million from $(15.6) million a year ago. Total operating expenses were $65.3 million for the quarter, a…

Benzinga

‘Hero’ air traffic controller speaks out after helping a passenger with no flying experience land plane

Robert Morgan, an employee at Palm Beach International Airport, successfully guided a passenger through an emergency landing in Florida

The Independent UK

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A Hawaii helicopter crash that killed 7 could have been prevented, investigators say

U.S. investigators blamed the 2019 crash on the pilot's decision to keep flying into worsening weather, and they accused regulators of lax oversight of air tours that are popular with tourists.

WEKU

Hawaii helicopter crash that killed 7 was '100% preventable'

Federal accident investigators are blaming a deadly Hawaii helicopter crash on the pilot’s decision to keep flying into worsening weather

The Independent UK

Unruly traveler complaints declined after airline mask mandate dropped

Flight attendant organistion president pushed for bigger focus on alcohol issues and federal list of banned fliers

The Independent UK

Boeing’s Max 10 regulatory delays threaten $16 billion bonanza

Boeing Co. may be moving to Washington, but right now it needs Washington to move.

Tribune News Service

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SpaceX Said To Be Planning Starship Test Flight Soon Amid FAA Approval Delay

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX plans to conduct a test flight for the massive Starship rocket from Texas sometime over the next two months, Bloomberg News rep

Benzinga

Boeing is moving its headquarters from Chicago to the Washington, D.C., area

The company, a major defense contractor, said it will use its campus in Arlington, Va., as the new headquarters, placing its executives closer to key federal government officials.

WEKU

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

FAA Requires US Airlines To Upgrade And Replace Radio Altimeters: Reuters

The Federal Aviation Administration (FAA) plans to meet with telecom and airline industry officials to discuss a campaign to modify and eventually replace some airplane radio altimeters that could face interference from C-Band 5G wireless service, Reuters reported. The altimeters provide data on a plane's height above the ground and are…

Benzinga

Flight attendants for Spirit Airlines protest carrier’s handling of cancellations

Passengers aren’t the only ones with airline gripes. Flight attendants say they, too, are feeling the pain of widespread delays and cancellations.

Tribune News Service

Pilot takes blame for Red Bull plane stunt gone wrong: ‘It was entirely my responsibility’

Stunt in Arizona had been refused permission by FAA but pilots went ahead with it anyway

The Independent UK

No SpaceX Starship launch on the horizon as FAA delays environmental report again

Those waiting to hear what the FAA has to say about SpaceX’s plans to launch its new massive Starship and Super Heavy rocket on an orbital test flight will have to wait some more.

Orlando Sentinel

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Tribune News Service

Boeing delays 777X another year and writes off $1.2B as future costs pile up

Boeing on Wednesday disclosed a heavy first-quarter loss as it wrote off $1.2 billion related to two defense-side fixed-price aircraft projects and the impact of the war in Ukraine.

Tribune News Service

Tampa airport says passenger count may rise 83 percent by 2042

Over the next two decades, Tampa International Airport will gain an average of 880,000 new passengers each year. That would take the hub from 21.2 million passengers this year to 38.8 million in 2042 — a 20-year increase of 83%.

The Independent UK

Harrowing new video shows how Red Bull plane stunt went wrong: ‘You safe, Andy?’

Two pilots are safe but disappointed after an attempted ‘plane swap’ ended with a crash

The Guardian - US

YouTuber deliberately crashed his own plane for views, US aviation agency says

Trevor Jacob parachuted from the single-engine aircraft and filmed it as it crashed into a remote forest in California

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Tribune News Service

YouTuber Trevor Jacob’s pilot license yanked for faking his own plane crash, FAA says

What looked like a harrowing escape from almost certain death on film turned out to be a hoax, and now YouTuber Trevor Jacob is under scrutiny – and without a pilot’s license – for deliberately crashing his plane last year for clicks.

Tribune News Service

FAA apologizes for failure that led to Capitol evacuation

WASHINGTON — The evacuation of the U.S. Capitol on Wednesday night occurred after aviation officials failed to provide advance notice to police about a fly-over at a baseball game in Washington, they acknowledged Friday evening.

The Independent UK

FAA says it failed to tell Capitol Police about plane flight

The Federal Aviation Administration is acknowledging that it failed to warn Capitol Police about a parachute jump at a nearby baseball stadium this week

Roll Call

Capitol Police, Secret Service and Park Police were unaware of flyover at Nats Park - Roll Call

The Capitol Police, Park Police and Secret Service were not given advance notice of Wednesday’s military flyover at Nationals Park.

The Independent UK

Airlines want to bring back passengers banned over masks

Remember all those thousands of passengers that airlines banned for not wearing face masks

Benzinga

Boeing 787 Deliveries To Resume In 2H22: Reuters

Boeing Co (NYSE:BA) has informed key airlines and parts suppliers that 787 Dreamliner deliveries will begin in the second half of 2022, Reuters reported, citing three people familiar with the matter. Boeing's large 787 inventory, accumulated since deliveries were halted nearly a year ago due to structural issues, has locked up desperately…

The Independent UK

Parachute demo at Nats Park causes brief Capitol evacuation

The U_S_ Capitol was briefly evacuated Wednesday evening after police identified an aircraft that they said posed "a probable threat.”

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