Updated on: October 2, 2026 / 9:51 PM EDT / CBS News
Days after a FlyDubai co-pilot made a violent attempt to crash the passenger aircraft and was subdued by passengers and other crew members, questions about his motive continued to swirl.
The flight Wednesday from Dubai to Tel Aviv was approaching Israel when the co-pilot allegedly stabbed the flight captain and attempted to crash the aircraft, Israeli Prime Minister Benjamin Netanyahu has said. The captain was able to fight off the co-pilot long enough to unlock the ***** pit door. Passengers then overpowered the co-pilot, and two off-duty pilots who were on the flight managed to gain control of the aircraft and make an emergency landing in Tabuk, Saudi Arabia.
There were 174 people on board the plane. No passengers were seriously injured in the incident. The pilot sustained stab wounds in the attack. Saudi authorities said two crew members were hospitalized with unspecified injuries, and the co-pilot remained in custody on Thursday.
The co-pilot of the flight has not yet been publicly identified, although multiple sources familiar with the investigation told CBS News on Friday that his name is Hamam al Hamami.

#aircraft

WASHINGTON (AP) — The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned anew that new strikes against Iran could be on the horizon.
The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex.
Trump has threatened that a post-midterm election escalation — despite his initial promises to Americans of a campaign that would last a matter of weeks — remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday.
In an exchange with reporters at the White House, Trump raised the connection when asked by a reporter if there were any links between the pilot behind the attack and Tehran.
"I would say the answer, based on what I'm hearing, is 'yes,' but we're working on it right now," Trump said, without offering details.

#military #reporters #washington #middle

Jelly Roll and Bunnie XO are putting one of their Nashville-area homes up for sale after finalizing their divorce. The Franklin, Tennessee, estate now carries a price of just under $7 million. The former couple listed the property after reaching a settlement over their ******* ets.
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.

#bunnie #property #tennessee

Actor Guy Kapulnik, 46, was among the two people killed when a small airplane went down in Hesperia, Calif., on Sept. 24
He was remembered by his family as "a man of action, curiosity, and adventure"
An investigation into the cause of the crash is ongoing
Guy Kapulnik, 46-year-old actor, was among two killed in a small plane crash in Southern California last week.
The crash occurred on Thursday, Sept. 24, around 9:45 a.m. local time, when a single-engine aircraft careened to the ground near Summit Valley Road and Maple Avenue in Hesperia, ABC affiliate KABC, NBC affiliate KNBC and the Los Angeles Times reported.

#sept

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) announced on September 15 that it had acquired 60% of White Desert Antarctica and its new aviation travel business, Echo Charlie. Consideration comprises approximately $61 million in cash, plus approximately $6 million relating to acquired cash, subject to working-capital, cash, and indebtedness adjustments.
The purchase broadens the travel portfolio beyond expedition cruises. For investors, the test is whether additional bookings and cash generation justify the acquisition price and subsequent investment.
White Desert takes guests into Antarctica's interior, including the Geographic South Pole. Echo Charlie offers journeys aboard a restored DC-3 aircraft carrying 12 guests. These experiences add distinctive products that Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) could market to existing adventure travelers.
Cross-selling could reduce marketing costs per booking and encourage repeat travel across the portfolio. Established customer relationships provide a starting point; the financial benefit depends on generating additional profitable departures.
The company already operates a growing land-travel business. Second-quarter Land Experiences revenue increased 23% to $70.0 million, driven by additional trips and higher pricing. That provides a relevant commercial foundation for the expansion.

#additional

Boeing locked Korean Air into a $36.2 billion order spanning 737 MAX, 787-10, and 777X variants, but no deliveries arrive until the early 2030s.
Lockheed Martin posts steady profits while Boeing burns cash lifting production rates, carrying $600 million in quarterly interest expense that pressures GAAP results.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Boeing didn't make the cut. Enter your email to see the names that beat BA. The report is free. Enter your email and see if any of your stocks made the cut.
Boeing (NYSE:BA) confirmed a firm Korean Air order for the stretched 737 MAX, 787-10, and 777X in passenger and freighter variants, valued at $36.2 billion. Deliveries begin in the early 2030s.
These aircraft were previously logged as unidentified orders from a commitment announced last summer, so this is existing backlog getting a customer name rather than fresh demand.

#boeing #deliveries

On September 4, the U.S. Department of War (DoW) announced a $336,112,000 Navy contract for Huntington Ingalls Industries, Inc. (NYSE:HII) to advance procurement of long-lead materials for the construction of the future USS William J. Clinton (CVN 82).
Work on the program will be executed in Newport News, Virginia, with completion anticipated by March 2039. Shipbuilding and conversion funding from FY 2026 will be obligated at the time of award.
The contract is not just a headline number, but reaffirms the company's status as the sole nuclear carrier builder for the U.S. Navy.
The long lead materials contract has secured Huntington Ingalls Industries, Inc. (NYSE:HII)'s role on the CVN 82 well before construction begins, which has extended revenue visibility to 2039.
According to defense websites, the Navy plans on spending $22.34 billion on its aircraft carrier replacement program over the next five years. This contract can be seen as among the first in a larger sequence, with more awards to come as procurement accelerates.

#navy #contract #ingalls #industries

On September 11, a caller praised The Boeing Company's (NYSE:BA) CEO and asked when the company would overcome the ongoing labor uncertainty and finally move beyond years of sideways stock performance. Mad Money host Jim Cramer replied:
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.

#boeing #cash #commercial

AeroVironment, Inc. (NASDAQ:AVAV) reported on September 9, 2026, that revenue for fiscal Q1 2027, ended August 1, 2026, increased 6% to $480.5 million. Funded backlog reached approximately $1.5 billion at quarter-end, up from $1.2 billion at April 30, 2026. This represents remaining work under firm customer orders with funding already appropriated, providing a concrete base for future revenue.
Non-GAAP adjusted diluted earnings were $0.59 per share, excluding acquired-intangible amortization, purchase-accounting adjustments, acquisition expenses, and net gains and losses on equity-method and equity-security investments. Adjusted EPS retains net interest income. The GAAP result was a $5.1 million net loss, or $0.10 per diluted share. The question is whether the expanding order base can produce stronger operating earnings and cash generation.
Bookings reached $683 million, producing a book-to-bill ratio of 1.4, calculated as bookings divided by revenue. Bookings measure authorized contract awards and modifications and can include work whose funding has not yet been obligated. The ratio indicates that new business exceeded revenue recognized during the quarter.
AeroVironment, Inc. (NASDAQ:AVAV) is also translating demand into sales in Autonomous Systems, where revenue rose 21% to $346 million. That provides operating evidence behind the opportunity in unmanned aircraft and precision-strike systems.
Management maintained fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion, and non-GAAP adjusted EBITDA of $305 million to $325 million. Adjusted EBITDA excludes net interest income or expense, taxes, depreciation and amortization from net income and further adjusts for stock compensation, acquisition expenses, cloud-computing amortization, net gains and losses on equity-method and equity-security investments, and other specified items.

#Equity

With aviation often a prohibitively costly industry for individual players without major backing, several smaller and charter carriers did not survive the spike in jet fuel prices that came at the start of 2026 following the U.S.-Israeli strike on Iran.
Major recent news in this ***** e includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline Jetflite, and most recently in September 2026, French charter carrier AirAiles.
And in Colorado, charter broker and indirect air carrier OneFlight International is reportedly pausing all flights for 30 days as a long string of financial problems catches up with it.
The company does not own any aircraft but functions as a broker, organizing chartered flights by private jet and jet card subscriptions.
A jet card is a membership in which customers book flight hours on a private plane at fixed rates. Along with fractional ownership, it is one of two main ways that passengers who fly private book their flights.

#carrier #card

NBC4's helicopter was one of several news aircraft flying over the scene of a deadly bus crash in Chatsworth Tuesday evening at sunset.
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:

#went #wrong #tuesday #nbc4

The aerospace industry is evolving as Boeing (NYSE:BA) attempts a massive operational turnaround while Rocket Lab (NASDAQ:RKLB) rapidly expands its footprint across the global ******* e economy.
Boeing remains a dominant force in commercial aviation and defense, whereas Rocket Lab specializes in small-satellite launches and ******* ecraft components. Investors often compare them to decide between an established giant recovering from crisis and a high-growth challenger in the private ******* e sector.
Boeing operates as a massive player among defense stocks and commercial aviation leaders, manufacturing everything from the 737 Max to advanced military rotorcraft. The company generates revenue through commercial aircraft sales, defense contracts with the U.S. Department of Defense and NASA, and global services. Customer concentration like this adds a layer of risk to the business. In 2025, the company acquired Spirit AeroSystems to address long-standing quality issues, providing transition services to other buyers like Airbus (OTC:EADSF).
In FY 2025, revenue reached nearly $89.5 billion, representing a growth of roughly 34.5% over the previous year. The company reported a net income of approximately $2.2 billion, a significant recovery from the net loss of nearly $11.8 billion in FY 2024. This improvement in the net margin to 2.5% suggests the company is beginning to stabilize its bottom line after years of heavy losses.
As of its December 2025 balance sheet, Boeing carries a debt-to-equity ratio of nearly 10.0x, a measure comparing total debt to shareholder equity that indicates a heavy reliance on borrowing. The company reported a current ratio of nearly 1.2x, which measures a company's ability to cover its short-term debts with liquid ******* ets. Note that stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement. The company also generated a negative free cash flow of approximately $1.9 billion, representing operating cash minus spending on physical ******* ets.

#boeing #nearly #rocket

TOKYO (AP) — **** an's air force said one of its long-distance surveillance drones is believed to have crashed into the sea during a flight Tuesday off the country's northwestern coast.
There were no immediate details on the nature of the mission of the uncrewed RQ-4B aircraft, also known as Global Hawk. So far, there was no indication of foul play, but officials said the cause of the presumed crash was under investigation.
The Air Self-Defense Force said the drone had trouble connecting with a communication device about one and a half hours after taking off from the Misawa Air Base. Three minutes later, it disappeared from the radar and was last seen 50 kilometers (31 miles) off the coast of Tottori, the ASDF said.
Later Tuesday, a fighter jet and a **** an Coast Guard patrol ship spotted debris believed to be from the Global Hawk. After examining photos of the debris, the ASDF said the drone is believed to have crashed just after disappearing from the radar.
The cause of the Global Hawk's presumed crash is still under investigation, the ASDF said. There have been no reports of injury or damage related to the crash.

#asdf #coast #crash

EXCLUSIVE: A Haitian gang member and illegal alien who defiantly told Fox News cameras "I'm not going back to Haiti" and shouted "Biden forever" during his viral U.S. Immigration and Customs Enforcement (ICE) arrest has been deported to Haiti by the Trump administration after spending 19 months in federal custody.
Wisteguens Jean Quely Charles was deported on an ICE flight originating in Louisiana, the Department of Homeland Security (Dhs) confirmed to Fox News.
Sources told Fox News that Charles was extremely combative aboard the aircraft and made crude, profane and threatening remarks about President Donald Trump and his family during the deportation flight.
Dhs Chief Mullin Clashes With Tapper Over Haiti Deportations After Supreme Court Tps Ruling
Haitian illegal immigrant Wisteguens Jean Quely Charles is escorted by federal agents to a plane. Charles was deported by ICE.

#deported #wisteguens #illegal #told

During the September 10 episode of Mad Money, a caller questioned whether recent vertical integration by industrial competitors and market selloffs warranted a lower valuation for Howmet Aerospace Inc.'s (NYSE:HWM) economic moat, or if demand remained strong enough to make the pullback an overreaction. Jim Cramer replied:
Now, look, I'll tell you, here's the problem… It's a fastener company, and it frankly is, most times, very commodity-oriented business, and it happens to sell at 44 times earnings, and we don't want to pay that for commodities even though the business is strong. I think people are saying, "Wait a second, that's too much to pay, and I'm going to wait till it goes lower." And if you look at the chart, it does seem like it is going lower.
Howmet Aerospace Inc. (NYSE:HWM) occupies a sole-source or primary-supplier position across critical narrowbody and widebody aircraft programs, providing single-crystal turbine blades, advanced structural castings, and **** anium fasteners. Approval and qualification requirements, manufacturing complexity, and a limited supplier base can make alternative sources difficult to establish quickly. That gives the company strong pricing power on both new plane parts and higher-margin replacement spares.
The structural advantages of Howmet Aerospace Inc.'s (NYSE:HWM) business model can be seen in its Q2 financial results. Revenue surged over 24% year-over-year (21% organically) to $2.55 billion, driven by a 28% jump in commercial aerospace revenue, a 38% expansion in industrial gas turbines, and an 11% gain in defense aerospace. The core Engine Products division recorded third-party sales of $1.37 billion, up 32% year-over-year, while segment adjusted EBITDA margins expanded by 470 basis points to 37.7%.
Despite its market positioning, Howmet Aerospace Inc. (NYSE:HWM) carries valuation risks that advise a cautious approach. Trading at elevated EV/EBITDA and forward P/E multiples relative to traditional industrial peers, the stock leaves little margin for operational missteps. Capital expenditures are projected to exceed $500 million in 2026 as the company builds out production capacity for next-generation engine components and gas turbines, reducing near-term free cash conversion flexibility.

#lower #ebitda

On August 4, Willis Lease Finance Corporation (NASDAQ:WLFC) reported second-quarter results that pulled in two directions at once. The lessor of commercial aircraft engines grew its operating business at a healthy clip, yet net income fell by more than half, a split that makes this quarter harder to read than the headline suggests.
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.

#lease #capital #months

Howmet Aerospace Inc. (NYSE:HWM) is facing a mixed outlook after GE Aerospace agreed to acquire Consolidated Precision Products (CPP) for about $11.75 billion to secure more control over critical engine castings and expand production capacity. The announcement initially hit Howmet shares, which fell about 10%, as investors worried that GE could eventually rely less on outside suppliers such as Howmet.
However, Howmet CEO John Plant said he is comfortable with the deal and remains confident in Howmet's ability to grow. The bigger issue for Howmet right now appears to be how quickly it can expand capacity to keep up with soaring demand. Commercial aircraft production, defense activity and aftermarket demand are all increasing, while Howmet is also benefiting from demand for turbine components used in data centers. Plant said the scale of the required capital expansion is itself "testing" the company.
The strongest bullish argument for Howmet Aerospace Inc. (NYSE:HWM) is that GE's decision to spend nearly $12 billion on CPP validates how strategically valuable aerospace castings and engine components have become. The acquisition is aimed at addressing a supply bottleneck rather than signaling weak demand. GE expects airfoil demand to rise by more than 30% through 2030, while aircraft manufacturers and defense customers continue to push production higher. That creates a favorable industry backdrop for Howmet as well.
Howmet also has an opportunity to benefit from customers looking for additional capacity outside GE's newly integrated supply chain. If demand continues to exceed available casting capacity, Howmet's existing manufacturing footprint and expertise could give it significant pricing power and support further investment. Plant's comments that the company is being "tested" by the sheer scale of expansion suggest that Howmet is dealing with a capacity problem caused by strong demand, rather than a lack of orders.
Another positive is that Howmet Aerospace Inc. (NYSE:HWM)'s exposure extends beyond commercial aircraft. Its blades and vanes are also used in gas turbines serving the rapidly expanding data-center market, providing another avenue for growth alongside aerospace. Plant has also indicated that the company intends to revisit its longer-term revenue targets, after previously saying revenue could potentially double from 2025 levels within three to five years.

#commercial

All eyes are on the Fed with another higher than expected reading for core inflation. Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific, talks with host Brad Roth on this episode of Behind the Ticker about why the new Fed Chair stepping into an environment of high inflation matters for investors and bonds, and what that means for how the firm is positioning their strategies that include three new ETFs, the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.

#jeff #etfs

KYIV, Ukraine (AP) — More than half a million Russian troops have been killed in Ukraine since the start of Moscow's full-scale invasion in February 2022, a senior British defense official said Friday.
The dead are part of 1.5 million Russian casualties in Ukraine, Air Chief Marshall Sir Richard Knighton, Chief of the U.K's Defense Staff, said.
The U.K. figures roughly coincide with those published by the Ukrainian military. There was no immediate comment from Russian officials.
Moscow's bigger army is struggling to make headway on the battlefield. Western officials and ***** ysts say the Russian rate of advance has slowed significantly this year.
Russia's armed forces have also lost an "enormous" amount of military materiel, Knighton told reporters. That includes more than 10,000 armored and protected vehicles, close to 3,000 air defense and artillery systems, and over 370 aircraft and helicopters, Knighton said.

#chief #kyiv

During a September 8 episode of Mad Money, Jim Cramer examined the broader aerospace ecosystem following GE Aerospace's (NYSE:GE) nearly $12 billion agreement to acquire castings specialist Consolidated Precision Products (CPP). Commenting on the strategic importance of supply chain control and the enduring strength of commercial and defense aviation despite rising oil prices, Cramer stated:
I still believe in the data center, but I also want to open your eyes to other opportunities. This morning, for example, GE Aerospace spent nearly $12 billion to buy a castings company called Consolidated Precision Products to integrate this key segment into its supply chain. It's vital for both commercial aircraft and particularly defense, both of which are booming. Now, on a day where oil's up, you might not want to focus on anything airline related, but travel's been booming the whole time, the whole time the Iranian war's been going on. This acquisition will pay off quickly for GE, making it more likely that they can accelerate production. This is also good news, therefore, for Boeing, a huge customer of GE that needs to boost its production speed.
GE is relatively close to its highs, deservedly so. Boeing? Nowhere near its high. Yet the order book is full. Last week, there was this negative article about how Boeing is being hurt by the problem-filled Spirit AeroSystems acquisition. It made that one two years ago. But that actually had to be done because Boeing, like GE Aerospace, needs to get better control of its supply chain. Aha, you say, who needs that kind of problem? Boeing just reported its slowest deliveries in 4 months. I come back and say, wait a second. First, the problems from the Spirit deal are now behind them. You know what? The story is actually old news.
Plus, CEO Kelly Ortberg has made it clear that orders would be lumpy. I knew that. And look, I know the high price of oil, particularly jet fuel, is bad news for the airlines. But the higher price of fuel also makes these new engines and airplanes far more valuable than before. Why? They're way more energy efficient. It's a good situation that has nothing to do with the data center. It does require more, better tech that AI can help with.
GE Aerospace (NYSE:GE) and The Boeing Company (NYSE:BA) represent two distinct pillars of the aerospace manufacturing ecosystem, operating at massive commercial scale. GE Aerospace reported second-quarter revenue of $13.3 billion, up 21% year-over-year, driven by strong commercial engine services and record internal shop visit output. Its total order backlog extends past $210 billion, supported by sustained airline demand for propulsion systems and aftermarket maintenance.

#boeing #chain #consolidated

CHISINAU, Moldova (AP) — A flight that was scheduled to carry Ukrainian President Volodymyr Zelenskyy from Moldova to Norway earlier this week was delayed when authorities closed Moldova's airspace because of a drone incursion, a government spokesperson said.
Moldovan police said a Russian drone crashed on Tuesday in a sunflower field on the outskirts of a village in the district of Riscani, which caused four fires to break out but no injuries.
Government spokesperson Dumitru Ciorici said on Wednesday that Moldova had closed its airspace Tuesday afternoon to protect aircraft flying over the country at the time. The closure delayed three departures, including the flight carrying Zelenskyy.
Norwegian Prime Minister Jonas Gahr Støre told broadcaster NRK that Zelenskyy's plane "was nearly hit by a drone as it took off from Moldova" on its way to Oslo for King Harald V's funeral. Zelenskyy arrived in Oslo on Tuesday and met Støre to discuss potential support for Ukraine's air defenses before attending the king's funeral on Wednesday.
Moldovan authorities confirmed the drone came down and exploded 160 kilometers (100 miles) from Chisinau International Airport. The airspace restrictions were lifted and Zelenskyy's plane took off later than scheduled.

#drone

As global travel continues its post-pandemic ascent, investors are weighing the recovery of an aviation ******* an against a leaner engine specialist. Choosing between Boeing (NYSE:BA) and GE Aerospace (NYSE:GE) requires careful scrutiny.
Boeing remains a global leader in commercial aircraft manufacturing and defense systems, while GE Aerospace has transformed into a focused aerospace power. Both companies benefit from rising demand for efficient travel, yet they offer vastly different financial health and risk profiles.
Boeing develops and services commercial airplanes, defense products, and ******* e systems for customers in over 150 countries. The company derives a significant portion of its revenue from the U.S. government, including the Department of Defense and NASA. Customer concentration like this adds a layer of risk to the business, particularly when specialized contracts are subject to shifting federal budget priorities.
In FY 2025, revenue reached nearly $89.5 billion, representing a significant 34.5% increase over the prior year. This growth helped the company report a net income of approximately $2.2 billion, which is a notable improvement from the net loss of roughly $11.8 billion in 2024. The turnaround suggests that production rates for major programs are beginning to stabilize after several years of operational disruptions.
As of its December 2025 balance sheet, the debt-to-equity ratio was 10.0x. This high figure indicates that total liabilities are ten times the value of shareholder equity. The current ratio, which indicates a company's ability to pay short-term obligations with short-term ******* ets, was nearly 1.2x. Free cash flow was negative $1.9 billion, and stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.

#cash #global #commercial

Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific didn't set out to be a bond guy but a launchpad at PIMCO, stops in Tokyo and London, and a Chicago MBA detour into a scrappy five-person hedge fund rewired how he thinks about fixed income. The internship stuck, with Klingelhofer building out Thornburg's taxable fixed income desk from employee #3 to Head of Investments, before joining Aristotle Pacific in 2024. The firm is a 15-year-old franchise (formerly Pacific **** et Management) now running roughly $16 billion and, as of July 30, three brand-new ETFs: the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
The pitch isn't about taking on more risk to boost returns but about capturing returns with minimal risk, and that means shopping across every fixed income silo instead of hunting inside one. Klingelhofer gives the example of February 2020, when American Airlines' corporate bond and its aircraft-backed EETC both priced at 3.75% with the same issuer, same tenor, same yield. A month later, COVID hit and the corporate bond cratered to 27 cents on the dollar while the EETC held at 65 cents. Same company, wildly different outcomes because Wall Street desks looked at each instrument in isolation instead of comparing across the capital stack. That's the whole Aristotle Pacific thesis, and it's why he sees the same mispricing setting up today in data center financing.
The three funds slot into that framework by risk level, with SDUR as a low-duration, active-credit alternative to cash, ARCP as a core-bond upgrade aiming to beat the Agg by 100-150bps, and ARMS as the full relative-value expression targeting 250bps over a cycle with real flexibility to shift credit quality. Macro-wise, Klingelhofer thinks the market is underestimating new Fed Chair Warsh, who, unlike his predecessor, inherits a purely high-inflation world with no disinflationary tailwind. It means the firm is positioning the funds slightly long duration as a hedge against credit risk elsewhere in the book. His closing advice to advisors was a cautionary and practical one, that they shouldn't expect Aristotle to work in every environment (no fund does), and to pair its bottom-up process with top-down managers like PIMCO so the two zig and zag differently throughout market cycles.
To learn more about Aristotle Pacific, go here, or you can learn more about their new ETFs here.

#pacific #same #fixed

CNBC reported that American Airlines Group Inc. (NASDAQ:AAL) announced seven new international routes for its summer 2027 schedule, most flown on its Airbus A321XLR.
New destinations include Philadelphia to Porto and Vienna and JFK to Amsterdam and Nice, alongside a returning Reykjavik route and Charlotte-Barcelona and Chicago-Tokyo Narita service on widebody jets. American's SVP of network and schedule planning, Brian Znotins, said the XLR "really opens up the menu for all these destinations that are just too small for a widebody." The announcement came the same week that rival United Airlines, which flies more international routes than any other U.S. carrier, unveiled its own 2027 international additions. American has said its flying is split roughly 80% domestic and 20% international.
The XLR gives American Airlines Group Inc. (NASDAQ:AAL) a more flexible way to expand its international network. The smaller, long-range aircraft lets American serve thinner transatlantic markets without committing the capacity of a larger widebody jet. That flexibility opens opportunities such as Philadelphia-Vienna and Philadelphia-Porto and gives American another way to grow international revenue.
The XLR's premium-heavy configuration also gives American more room to target higher-value travelers. American designed the aircraft's new interior with more premium seating than its other aircraft, allowing the airline to offer a stronger premium product on long-haul routes. If American can fill those seats at attractive fares, the aircraft could improve the economics of its international expansion.
American also gains a competitive advantage on Philadelphia-Vienna. The airline said it will become the only U.S. carrier offering nonstop service between the two cities. That position gives American a differentiated product on the route and could help it capture travelers who value nonstop service.

#american #airlines #widebody

Sept 7 - The US National Transportation Safety Board will hold a media briefing at 4 p.m. EDT (2000 GMT) on Monday to share ‌its latest updates about Sunday's deadly Amazon Prime Air cargo plane crash ‌at Miami International Airport, the agency said in a post on X.
Prime Air Flight 7598 overran the airport's diagonal runway shortly before 2 p.m. EDT and struck multiple vehicles on the ground, killing 5 people and injuring 5 more, including 3 who are in critical condition, officials said during a news conference on Sunday afternoon.
At least two people were trapped in vehicles ‌that were struck by the ⁠plane, and the pilot and co-pilot were trapped inside the plane by the crash, said Miami-Dade Fire Chief Ray Jadallah.
More than 60 ⁠rescue units and about 200 personnel responded to the incident, Miami-Dade Fire Rescue said in a statement. As of late Sunday afternoon, emergency personnel were still dealing with a fuel leak from the aircraft, according to Jadallah.
The NTSB said in a post on X ‌on Sunday afternoon that it had "launched a go team" to investigate the accident.

#prime

Marine pilots moving from the newly retired Harrier to the F-35 must unlearn old instincts.
The F-35 eases much of the physical work of flying, but gives pilots far more data to manage.
Former Harrier pilots say breaking those patterns takes repeated simulator training and practice.
The first time a former Marine Harrier pilot brings an F-35 fighter jet in to land on the deck of an amphibious warship, skills honed by hundreds of hours in the old jet might work against them in the new Lightning II.
The AV-8B Harrier, the Marine Corps' short take-off and vertical-landing fighter, saw its pilots carefully manage three different controls — one to control direction, an engine throttle, and a nozzle lever that directed engine thrust, allowing the aircraft to hover.

#harrier #pilots #former #fighter

At least five people were killed and several others injured when an Amazon Prime Air cargo plane overran a runway at Miami International Airport on Sunday. Officials said the aircraft struck multiple vehicles before stopping near a parking lot, triggering a ground stop and widespread flight disruptions. NBC's George Solis reports and Tom Costello joins TODAY on the key questions federal investigators will be asking to determine what caused the crash.

#Miami #solis

Imagine a city free from rush-hour traffic -- not a city that literally doesn't have cars (like, say, Venice), but one that has aerial forms of transportation, like flying cars.
That picture in your head is something that could become real in the next decade. The term for it is "urban air mobility." It won't look like The Jetsons or Back to the Future II -- that is, present-day cars that can hover and propel. Rather, urban air mobility will give us electric vertical takeoff and landing (eVTOL) aircraft, basically a combo of drone and helicopter. They will be quieter than helicopters, with a quick velocity that can reduce an hour of traffic to a 10-minute aerial hop.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The total addressable market of urban air mobility could become a trillion-dollar market, which opens an opportunity to invest in its start-ups. One of those start-ups is Archer Aviation (NYSE: ACHR) -- and it very much has the potential to set investors up for life.
Archer is one of the frontrunners in the eVTOL market. It is currently working on certifying its flagship aircraft, Midnight, which could potentially taxi passengers within urban hubs and to and from airports.

#cars

A bitter legal fight between Aaliyah's uncle and her cousin has produced a stunning accusation: Barry Hankerson is blaming his own son Jomo for the 2001 plane crash that killed the R&B star.
The claim surfaces in lawsuit documents obtained by TMZ, which show Barry alleges Jomo was hired and compensated to coordinate travel for Aaliyah's "Rock the Boat" video shoot in the Bahamas. Barry contends Jomo "failed in his responsibility" to carry out that role, and states the crash "may have been avoided had [Jomo] followed through on his compensated task of travel coordination."
Barry also says his relationship with his son was never the same after Aaliyah's death.
Aaliyah died on August 25, 2001, when a small aircraft crashed shortly after takeoff from Marsh Harbour in the Abaco Islands, killing all nine people aboard. Investigators found the plane was overloaded, and pilot Luis Morales III had falsified FAA credentials, had traces of cocaine and alcohol in his system, and was not certified to fly the designated aircraft.
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#shop

CAIRO (AP) — The U.S. military on Saturday said it struck three Iranian oil tankers after Navy warships were targeted with missiles, warning that it would "if necessary, destroy Iran's limited and exposed oil fleet."
The strikes — a day after President Donald Trump sought to minimize the conflict as "small potatoes" — keep up a new tilt back toward fighting after six months of on-again, off-again war that began with U.S. and Israeli attacks on Feb. 28. Both sides have sought to inflict both military and economic pain, and negotiations have collapsed.
The military's statement said a U.S. aircraft carrier and a destroyer evaded "multiple unprovoked Iranian attacks" while patrolling in the region and no U.S. personnel were hurt. It said two Iranian oil carriers were "permanently disabled" and the third, unladen one, was destroyed.
The U.S. statement said the tankers were part of a shadow network helping to fund Iran's powerful Revolutionary Guard and its armed proxies in the region.
Earlier, Iranian state TV had said four U.S. missiles struck a tanker about six miles (10 kilometers) from Kharg Island, home to a terminal through which the country exports most of its oil. Kharg Island been repeatedly targeted during the war, including U.S. strikes on military sites there in March.

#kharg #struck #missiles