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Emirates could swap Boeing 777X jets for smaller Dreamliners, chairman says


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DUBAI (Reuters) -Emirates could swap some of its order for 126 Boeing 777X jets for smaller 787 Dreamliners as part of a sweeping review of its future fleet requirements, its chairman said on Monday.
The airline is currently in talks with the U.S. planemaker over its fleet planes, a review brought on by the coronavirus pandemic, which has devastated the travel industry.
Asked if the airline could swap its orders to take fewer 777X jets and more Dreamliners, Sheikh Ahmed bin Saeed Al Maktoum told reporters: It is always a possibility.
We are assessing our fleet requirements as we speak. ....

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Want to Invest in Space? Try These ETFs -- Journal Report


By Bailey McCann
Thematic ETFs, exchange-traded funds that focus on specific investment themes, are booming And one of the most-talked-about themes lately is space. There is no shortage of ways to invest in the final frontier.
The classics
Historically, the way to invest in space has been in aerospace and defense ETFs.
Before Elon Musk was shooting cars into orbit, space exploration was a purely governmental affair. Aerospace and defense companies were building the rockets, and many of them still are.
Funds with large positions in companies like Boeing, Lockheed Martin or Northrop Grumman tend to have lower volatility and turnover than funds focused on the newer, high-growth companies that compete in space. Aerospace and defense ETFs come in both actively managed and passive, or index, varieties. On the passive side, iShares U.S. Aerospace & Defense ETF (ITA) and SPDR S&P Aerospace & Defense ETF (XAR) offer broad exposure to the ol ....

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Boeing Reports Loss as Air Force One Work Drags


By Doug Cameron
Boeing Co. said its work on replacing the Air Force One presidential jets is behind schedule, taking another charge on the loss-making program that has added to the financial pressures from the stuttering recovery of its commercial airliner business.
The aerospace giant is contracted to deliver two converted 747-8 jumbo jets by the end of 2024, but has been forced to switch suppliers for some of the interior work on the planes. It took a $318 million pretax charge on the project in the latest quarter, the second in a year and the latest drag from a defense unit that it is relying on to carry it through to a recovery in commercial airline traffic. ....

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