U.S. President Donald Trump signed executive orders to increase coronavirus economic relief during a news conference in Bedminster, New Jersey, on August 8, 2020. Jim Vatson / Agency France-Press / Getty Images President Trump said Tuesday night that he was ready to pass several independent coronavirus relief measures, including a …
Read More »Covid epidemic to damage aircraft sales for more than a decade
A Boeing 777X flies over the Boeing Everett factory David Ryder | Reuters Due to the coronavirus epidemic, Boeing is predicting a years-long slowdown in travel demand, lowering expectations for demand for new commercial aircraft over the next decade. The manufacturer on Tuesday forecast that the world’s airlines will need …
Read More »Tesla’s latest numbers worry growth for comfort
In recent months, Tesla skeptics have argued that the company’s growth has stalled. After delivering a record-breaking 83,500 vehicles in the third quarter of 2018, the company’s deliveries increased modestly in just the next few quarters: 97,000 in the third quarter of 2019, for example, and 90,650 in the second …
Read More »With Treasury Department, Delta, Southwest releasing money, airlines could increase coronavirus loans
An underground crew member flew from American Airlines planes parked at the gate on April 5, 2020, at the Ronald Reagan National Airport in Washington, D.C., at the time of the outbreak of coronavirus disease (COVD-19). Joshua Roberts | Reuters The Treasury Department said Tuesday that the airline could get …
Read More »Chinese electric car start-up expeng shows the new flying vehicle
Electric vehicle start-up Xpeng unveiled its first pay-generation prototype for a flying vehicle at the Beijing Auto Show on September 26, 2020. Evelyn Cheng BEIJING – Alibaba-backed Expang is putting money into flying car techno into G as part of its long-term strategy. Electric auto Tomcat unveiled at the Beijing …
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