The Latest Breaking News from FAA

Joby Aviation Stock Gains After Q4 Results

Joby Aviation Inc (NYSE:JOBY) reported fourth-quarter operating expenses of $77.19 million, an increase from $40.18 million in 4Q20. Net income improved to $5.05 million from a loss of $33.9 million a year ago. Joby’s cash used in operating activities totaled $195.75 million for FY21, compared to $105.9 million in FY20. Adjusted EBITDA…

Benzinga · Mar 24, 2022

Joby Aviation Resumes Flight Testing Of eVTOL Aircraft

Joby Aviation Inc (NYSE:JOBY) resumed flight testing of its second pre-production prototype aircraft at the pilot production facility in Marina, California. Joby’s internal safety review board lifted the pause on flight testing earlier this week, which it voluntarily enforced following an accident concerning the first pre-production prototype earlier this year. The aircraft first…

Benzinga · Mar 24, 2022

Former Boeing test pilot found not guilty of deceiving FAA

A jury in Texas has found a former Boeing test pilot not guilty of deceiving federal regulators about a key flight-control system on the Boeing 737 Max jetliner

The Independent UK · Mar 24, 2022

Joby Partners With CAE For eVTOL Aircraft Pilot Training

CAE Inc (NYSE:CAE) has agreed to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby Aviation Inc's (NYSE:JOBY) all-electric aircraft. CAE will work with Joby to develop pilot training devices specifically for electric vertical take-off and landing (eVTOL) aircraft. Joby is currently working with the Federal…

Benzinga · Mar 9, 2022

Boeing may ask Congress to extend Max 10 exemption from safety rule

Multiple sources within the Federal Aviation Administration, Boeing and Congress say the jetmaker may not get the largest 737 Max variant, the Max 10, through FAA certification in time to hit a crucial deadline that if missed would trigger a new tighter safety requirement — from which Boeing wants an…

Tribune News Service · Mar 9, 2022

Search for survivors suspended after plane wreckage found off Florida Keys

MIAMI — The search for the pilot and passenger of a plane that was reported missing this week has been suspended after Monroe County sheriff’s divers found a section of the aircraft in the water off the Florida Keys.

Miami Herald · Mar 5, 2022

Rare virgin prairie in Illinois gets reprieve from bulldozer; airport expansion again on hold

A rare stretch of virgin prairie has received yet another reprieve from the bulldozer, with the Federal Aviation Administration telling the Tribune that Chicago Rockford International Airport has agreed to delay construction until June 1.

Chicago Tribune · Mar 1, 2022

New SpaceX satellites snarled by red tape

SpaceX wants to launch up to 30,000 satellites for its Starlink internet service.

Axios · Mar 1, 2022

Two Russian planes rerouted after attempting to enter Canadian airspace

(In first paragraph, planes were rerouted by FAA and not ordered out by Canada. In last paragraph, makes clear NAV's action is only in case of an emergency)

Reuters · Mar 1, 2022

FAA expands area in Eastern Europe, Russia where U.S. airlines cannot operate

The Federal Aviation Administration (FAA) said Thursday it was expanding the area in Eastern Europe and Russia where U.S. airlines and U.S. pilots cannot operate in the wake of Russia's invasion of Ukraine.

Reuters · Feb 24, 2022