This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…
The cyber attack caused disruption to production systems in the Saturday edition of a number of newspapers, all of whom shared a common production platform. According to a report from the Los Angeles Times, a cyber attack, that appeared to originate outside the U.S., caused significant printing and delivery disruptions at several U.S. newspapers including…
Tesla’s CEO, Elon Musk tweeted, “If Tesla committed delivery & customer made good faith efforts to receive before year end, Tesla will cover the tax credit difference.” Luxury carmaker Tesla Inc has stated, it will reimburse customers if delays to car deliveries have caused them to miss out on a significant tax credit. In 2017,…
Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…
This new service deepens Instacart’s relationship with existing partnerships including Germany’s Aldi. Groceries delivery startup Instacart stated it is in the process of launching a new service, Instacart Pickup, across the United States; the service will enable customers to order groceries and choose either delivery or store pickup options. The nation-wide rollout of the new…
The development comes midst efforts by China to merge two of the nation’s top wireless carriers to speed up the development of 5G mobile services. 5G will play a strategic and significant role in the coming years. On Wednesday, Finland’s mobile telecom network maker Nokia stated, it has signed a $2.3 billion (2 billion euros)…
Boeing won the contract by outbidding two other contractors. As per a statement by the Pentagon, Boeing Co has been awarded a $805 million contract for the design, delivery and support of 4 unmanned aircraft carriers-based drones that will be used to refuel aircraft for the U.S. Navy. In 2017, the U.S. Navy had published…
Singapore Airlines plans on deploying the jet in its Osaka, Japan route Perth, Australia, route from May this year. In a significant development, U.S. aircraft maker Boeing Co delivered its first 787-10 Dreamliner to Singapore Airlines marking the coming of age of its first lightweight family of jets based on which it is betting its…
Drivers will need a flying license to operate the vehicle in flight mode. Customers can expect deliveries starting from 2020. In what could be a significant breakthrough, a Slovakia-based company has unveiled a commercial design for a flying car with a price tag of more than $1 million, saying it was ready for pre-orders with…
Although Amazon has successfully tested its drone delivery service in a remote area in the UK, doing so in an urban cityscape is lot more challenging. Rest assured that Amazon’s engineers are slaving away at a solution to this complex problem. Amazon’s much anticipated drone deliveries have finally become reality. Going by a new patent…
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