CNBC reports, “United forecast first-quarter earnings that surpassed analysts’ estimates as the carrier seeks to grow earnings again in 2025 thanks to strong travel demand. The airline said Tuesday that it expects to earn an adjusted 75 cents to $1.25 in the first three months of the year, above the 54 cents analysts had expected, according to LSEG estimates.”
Full Story (CNBC)
Tag: Beats
Joby Exceeds Range Target for Hydrogen-Electric Air Tax Demonstrator
Aviation Week reports, “While it pursues certification of its battery-powered air taxi and prepares to launch commercial service, Joby Aviation already is flying its electric vertical-takeoff-and-landing aircraft on liquid hydrogen and fuel cells. … In flight testing conducted in June, the remotely piloted aircraft completed a 523-mi. flight over Marina, California, including a vertical takeoff and landing and landing with 10% of its liquid hydrogen (LH2) fuel load remaining. This compares with the 155 mi. flown by the battery-electric S4 in 2021.”
Full Story (Aviation Week)