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Alcoa Reports profits up 58%
Alcoa, one of the largest aluminum producing mills, has reported a larger than predicted first quarter profit. From an article in The New York Times, Alcoa’s profits are up from 9 cents a share in 2012 to 13 cents in 2013. The production mill also expects more growth in 2013, predicting a 7% increase in […]
Aerospace
Boeing 787 Fleet Taking Off Again
As many of you may remember, three months ago two Boeing 787’s had to be grounded after the 787’s lithium-ion battery overheated and caught fire on two separate aircraft. The United States and Japan were quick to react to the fires, and both countries grounded the Boeing 787 airliner until further testing could be done […]
Aerospace
The Dreamliner Takes to the Skies Again
According to a recent article in The New York Times, the Boeing 787 Dreamliner has once again taken to the skies after a succession of incidents involving battery fires on the innovative jetliners. After being grounded since January, Boeing and the FAA have been developing and testing a newly designed battery to replace the original […]
Aerospace
Part Outsourcing Leads to Japan’s Newest Aviation Era
During World War II the Japanese aviation industry was at its peak. The Mitsubishi A6M Zero was the most feared plane in the Imperial Japanese Navy Air Service, with nearly a 12-to-1 kill ratio when it was first introduced in 1940. However, when the war in the Pacific ended in 1945, the Allies banned Japan’s […]