In the wake of the January 2024 in-flight incident involving Alaska Airlines’ Boeing 737 MAX, the acting head of the Federal Aviation Administration (FAA), Chris Rocha, announced that the agency currently has no plans to lift the production restriction limiting Boeing $BA to manufacturing 38 units of the 737 MAX per month. This limit was implemented following the accident where a Boeing 737 MAX aircraft operated by Alaska Airlines was found missing four critical bolts.

Beta Technologies, a pioneering U.S. aerospace company, has achieved a historic milestone by successfully landing a fully electric aircraft at John F. Kennedy International Airport (JFK) in the New York-New Jersey metropolitan area. The flight, which lasted 45 minutes with a pilot and four passengers onboard, marks a significant advancement in the adoption of electric aviation technologies for urban and regional transport.

Uber Technologies Inc. $UBER has announced a significant leadership change as Pierre-Dimitri Gore-Coty, Senior Vice President of its Uber Eats division, will depart after nearly 13 years with the company. Gore-Coty played a key role in scaling Uber’s delivery operations globally, especially during the COVID-19 pandemic, a period marked by unprecedented demand and operational complexity.