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The Concorde has long been retired, but future skies may be filled with aircraft that can go even faster, criss-crossing the world in a matter of hours. Hypersonic engines that are being developed for military and government applications, like defense, drones and missiles, could one day propel future planes much faster than conventional engines for less money. Host Danny Lewis looks at the technical and business obstacles, and finds out what it would take to make hypersonic air travel a reality.
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Are the Skies Going Hypersonic?
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Jet-engine durability issues and the lack of spare parts are saddling the aviation industry.
Few industries do well when their products are forever being returned for early repairs. Jet-engine makers are currently an exception—and this is raising eyebrows.
Shares in RTX Corporation hit a record high last week after the aerospace conglomerate significantly beat second-quarter earnings forecasts. Excluding one-time effects, operating profit in its Pratt & Whitney engine-making division rose 23%. GE Aerospace also reported a surge in demand for spare parts for commercial engines, and its stock closed at a 16-year high last Tuesday. In Europe, jet-engine manufacturers Rolls-Royce and Safran are expected to post robust results when they report this week.
Excerpt from WSJ
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Orders placed by Korean Air and Japan Airlines mark a much-needed show of confidence in the embattled plane maker
Boeing increase; green up pointing triangle received orders for up to 70 airplanes at the Farnborough International Airshow, marking a much-needed show of confidence in the embattled plane maker.
The deals from Korean Air and Japan Airlines come as Boeing grapples with production slowdowns and regulatory scrutiny in the wake of January’s near catastrophe on an Alaska Airlines flight. The production cut is causing the company to burn through billions of dollars in cash each quarter.
Currently, about 200 fully or mostly finished airplanes are parked in airfields, outside plants or other locations, awaiting parts such as interiors or engines.
This week, plane makers are gathering at Farnborough, one of the world’s largest aviation trade fairs, where they tend to highlight their latest products and technological advances, while also trumpeting deals for new passenger, cargo and military aircraft.
Excerpt from WSJ
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May 1. Brazilian plane maker Embraer explores creating a new passenger aircraft that WSJ aviation reporter Ben Katz says would compete head-on with offerings from Airbus and Boeing. Plus, police remove pro-Palestinian demonstrators at Columbia University in New York and intervene amid violent clashes at UCLA. And, we dive into some of the themes playing out this earnings season, including the AI craze and the return of business travel. Luke Vargas hosts.