Tag: Aerospace and defense industry

Biden administration details how producers of sustainable aviation fuel will get tax credits

The Biden administration spelled out guidelines Tuesday for tax breaks designed to boost production of sustainable aviation fuel and help curb fast-growing emissions...

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft...

Boeing in the spotlight as Congress calls a whistleblower to testify about defects in planes

Boeing will be in the spotlight during back-to-back Senate hearings Wednesday, as Congress examines allegations of major safety failures at the embattled aircraft...

China sanctions 2 U.S. companies over 'support for arms sales to Taiwan'

China has sanctioned two U.S. companies over what it says is their support for arms sales to Taiwan, the self governing island democracy...

Spirit to defer Airbus plane deliveries, furlough 260 pilots this year

FILE - A Spirit Airlines 319 Airbus approaches Manchester Boston Regional Airport for a landing, June 2, 2023, in Manchester, N.H. Spirit Airlines...

New Mexico regulators worry about US plans to ship radioactive waste back from Texas

ALBUQUERQUE, N.M. -- Federal officials gathered Tuesday in southern New Mexico to mark the 25th anniversary of the nation’s only underground repository for...