Latest news with #Cessna
Yahoo
6 hours ago
- Business
- Yahoo
Embraer Secures Contract From SkyWest to Supply 60 E175 Jets
Embraer S.A. ERJ recently clinched a contract from SkyWest Inc. for delivering 60 of its E175 aircraft, with purchase rights for 50 additional aircraft. These jet deliveries are expected to start in 2027. The aforementioned orders should boost Embraer's future revenue stream and bolster its profitability. The E-175 is a regional jet recognized for its fuel efficiency, superior avionics and spacious cabin. It is also appreciated for its comfort, operational agility and short to medium-distance trips. It offers seating for 76-88 passengers and features a flying range of 2,200 nautical miles (4,074 km).Due to such remarkable features, Embraer must have been witnessing a steady inflow of orders for this jet model. The recent order placed by SkyWest is a bright example. Rising air passenger traffic, backed by enhanced air travel among passengers and executives, along with the increasing demand for fuel-efficient and modern aircraft, is driving growth in the commercial aviation market. This is likely to have prompted the Mordor Intelligence firm to forecast a CAGR of 6.5% for the commercial aviation market during the 2025-2030 period. Such solid market growth projections boost demand for fuel-efficient jets like those manufactured by Commercial Aviation segment backlog at the end of the first quarter of 2025 was $10 billion. Such a strong backlog not only reflects the consistent demand for ERJ's aircraft from commercial airlines, like the latest one, but also strengthens the company's revenue generation prospects. Other aerospace stocks that stand to benefit from the growing commercial aviation market are as follows:Airbus SE EADSY: It is one of the forerunners in the global commercial aircraft space. Its order backlog amounted to 8,726 commercial aircraft at the end of March 2025, while the company delivered 243 commercial jets to 61 customers up to May has a long-term (three to five years) earnings growth rate of 4%. The Zacks Consensus Estimate for EADSY's 2025 sales suggests a year-over-year improvement of 10.4%.The Boeing Company BA: It has been a premier manufacturer of commercial jetliners for decades. Its Commercial Airplanes segment delivered 220 airplanes up to May 2025. This unit had a backlog of $460.4 billion as of March 31, has a long-term earnings growth rate of 18.1%. The Zacks Consensus Estimate for BA's 2025 sales suggests a year-over-year improvement of 25.6%.Textron Inc. TXT: Its Textron Aviation unit is a well-known designer of business jet brands like Cessna and Beechcraft. The segment's order backlog as of March 29, 2025 was $7.9 billion. The unit delivered 31 Citation jets and 30 commercial turboprops in the first quarter of boasts a long-term earnings growth rate of 10%. The Zacks Consensus Estimate for TXT's 2025 sales calls for a year-over-year improvement of 6.6%. In the past six months, Embraer shares have risen 47.1% compared with the industry's growth of 15.5%. Image Source: Zacks Investment Research Embraer currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Embraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report Textron Inc. (TXT) : Free Stock Analysis Report Airbus Group (EADSY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- General
- Yahoo
Airplane crash-lands in Wisconsin lake, pilot rescued by witness
DANIELS, Wis. (WFRV) – The FAA is investigating an airplane crash in northwestern Wisconsin after a plane crash-landed in a lake on Wednesday afternoon. The Burnett County Sheriff's Office posted about the incident on its Facebook page, saying dispatch got a call around 3:15 p.m. on June 18 reporting that an airplane had crashed into Mud Hen Lake in the Town of Daniels. WisDOT shares the importance of burn management When authorities arrived, the pilot had already safely gotten out of the plane and was on a pontoon after being rescued by a Good Samaritan. Deputies say that the pilot was the only occupant in the airplane. The pilot of the 1979 Cessna U206G was identified as a 79-year-old man from Hudson. The FAA is reportedly investigating the crash. No additional information was provided. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Business Standard
2 days ago
- Science
- Business Standard
Delhi to launch ₹3.21 crore artificial rain project: How it will be done
Backed by IIT-Kanpur and IMD, the ₹3.21 crore project aims to trigger artificial rain over Delhi using cloud seeding technology to reduce PM levels and build evidence for future urban use Vrinda Goel New Delhi The Delhi government is set to launch its first pilot project for artificial rain through cloud seeding, or artificial rain, to tackle the city's pollution. Cloud-seeding operations will begin as soon as favourable weather conditions, particularly the presence of moisture-laden clouds, are observed. The ₹3.21 crore initiative will be implemented in partnership with IIT-Kanpur and the Delhi government's Department of Environment. IIT-Kanpur will handle the scientific, technical, and operational aspects of the project. The India Meteorological Department (IMD) has also extended formal support, confirming the feasibility of the project across the NCR. It will provide critical real-time data, including cloud type, altitude, wind patterns, and dew point to assist in operational planning, reports NDTV. What is artificial rain? Artificial rain is a weather modification technique that enhances precipitation by dispersing substances like silver iodide, potassium iodide, or dry ice into clouds. These act as nuclei, encouraging moisture to condense into larger droplets, which can trigger rainfall or snowfall from clouds that may not naturally produce it. Why Delhi needs artificial rain According to data from the Central Pollution Control Board and SAFAR, concentrations of PM2.5 and PM10 frequently exceed prescribed limits, pushing the Air Quality Index into the 'severe' category and posing serious public health risks. Artificial rain, created through cloud seeding, helps by washing out pollutants like PM2.5 and PM10 from the atmosphere, leading to cleaner air and better visibility. Delhi's artificial rain project: How it will be done As part of its artificial rain project, IIT-Kanpur will fly small aircraft over Delhi skies to try and make it rain. The aircraft will carry special flares that release a mixture of chemicals into the clouds, encouraging them to produce rain. The aircraft, a modified Cessna, will carry flares filled with a unique mix developed by IIT-Kanpur. This mix includes tiny particles of silver iodide (a compound that helps form ice), powdered rock salt, iodised salt, and a chemical to keep the mix free-flowing. This blend works in two ways: it helps water droplets form more easily and also triggers the formation of ice crystals, both of which increase the chances of rain. The trial will include up to five flights, each lasting at least 90 minutes and covering around 100 square kilometres. These flights will avoid sensitive or restricted airspace and will only take place after getting final clearances. They will focus on areas in northwest and outer Delhi. The flights will target nimbostratus clouds—thick, grey clouds found between 500 and 6,000 metres above ground level and with a moisture level of over 50 per cent, which makes them suitable for seeding. The exact amount and type of the seeding mix used will depend on the weather and how much moisture is present in the clouds. To track the effect of the artificial rain on pollution, IIT-Kanpur will monitor air quality in real time using Continuous Ambient Air Quality Monitoring Stations (CAAQMS) in and around the area. These stations measure PM2.5 and PM10—tiny harmful particles in the air that affect health. IIT-Kanpur had earlier run seven successful cloud seeding trials between April and July in drought-hit regions, using the same type of aircraft and flare-based systems. The Delhi project builds on those efforts, with a new focus on fighting air pollution. It is expected to provide data that may help use this method in other polluted urban areas in future. A step towards Delhi's 'right to clean air' Delhi Environment Minister Manjinder Singh Sirsa called the pilot project a national-first, rooted in science and executed with precision. 'This is not just a fight against pollution, it's a blueprint for the future. The experiment is being carried out with military-grade accuracy and real-time evaluation,' he said.
San Francisco Chronicle
2 days ago
- General
- San Francisco Chronicle
NTSB says runway lights that might have helped in foggy San Diego crash hadn't worked since 2022
The runway lights that would have helped guide a small jet into a San Diego airport in foggy weather before the plane crashed, killing all six aboard, hadn't worked since 2022, investigators said. But it's unclear whether the pilot who was based at the airport knew the lights were out service. The National Transportation Safety Board's issued its preliminary report Wednesday on the early morning crash of May 22 that also injured eight people on the ground. It confirmed that the Cessna came in too low as it approached the airport and struck power lines before the plane broke apart, crashing in a nearby neighborhood. The plane struck one home and that 20 vehicles were also damaged by the crash and ensuing fire. The jet was carrying a music executive named Dave Shapiro and five others. No one in the neighborhood of U.S. Navy housing died, but eight people were treated for smoke inhalation from the fiery crash and non-life-threatening injuries after the crash near Montgomery-Gibbs Executive Airport. The pilot acknowledged the weather conditions for landing at the small airport were not ideal and debated diverting to a different airport while discussing the visibility with an air traffic controller at a regional Federal Aviation Administration control facility, according to audio of the conversation posted by But the pilot declared 'I think we'll be alright' before going ahead with the landing attempt. 'I'm not sure how he would have thought he was going to see the runway without lights at night in the fog,' said aviation safety expert John Cox, who is CEO of the Safety Operating Systems consulting firm. The FAA had posted an official notice for pilots that the runway alignment lights were out of service, but the NTSB said that had been the case since March 2022. Repairs to those lights had been delayed while waiting for an environmental study although the other lights at the airport were working. The NTSB said it appeared the pilot tried to activate the runway lights by keying his microphone seven times while approaching the airport. The NTSB said the pilot was based out of the executive airport near where the crash occurred. Shapiro had a pilot's license and was listed as the owner of the plane. But the preliminary report did not say whether investigators have determined whether the pilot knew the runway lights were not working. A power surge had also knocked out the weather system at the airport but the pilot was aware of the fog and an air traffic controller gave him weather information from Marine Corps Air Station Miramar, about 4 miles (6.4 kilometers) to the north. The NTSB said the plane was only about 60 feet (18 meters) above the ground when it struck the power lines above the neighborhood. The NTSB said the plane should have been flying almost 200 feet (60 meters) higher as it approached the airport. Wednesday's report does not list the cause of the crash. That won't be officially determined until the final report is done sometime next year.
2 days ago
- General
NTSB says runway lights that might have helped in foggy San Diego crash hadn't worked since 2022
The runway lights that would have helped guide a small jet into a San Diego airport in foggy weather before the plane crashed, killing all six aboard, hadn't worked since 2022, investigators said. But it's unclear whether the pilot who was based at the airport knew the lights were out service. The National Transportation Safety Board's issued its preliminary report Wednesday on the early morning crash of May 22 that also injured eight people on the ground. It confirmed that the Cessna came in too low as it approached the airport and struck power lines before the plane broke apart, crashing in a nearby neighborhood. The plane struck one home and that 20 vehicles were also damaged by the crash and ensuing fire. The jet was carrying a music executive named Dave Shapiro and five others. No one in the neighborhood of U.S. Navy housing died, but eight people were treated for smoke inhalation from the fiery crash and non-life-threatening injuries after the crash near Montgomery-Gibbs Executive Airport. The pilot acknowledged the weather conditions for landing at the small airport were not ideal and debated diverting to a different airport while discussing the visibility with an air traffic controller at a regional Federal Aviation Administration control facility, according to audio of the conversation posted by The FAA had posted an official notice for pilots that the runway alignment lights were out of service, but the NTSB said that had been the case since March 2022. Repairs to those lights had been delayed while waiting for an environmental study. The NTSB said it appeared the pilot tried to activate the lights by keying his microphone seven times while approaching the airport. The NTSB said the pilot was based out of the executive airport near where the crash occurred. Shapiro had a pilot's license and was listed as the owner of the plane. But the preliminary report did not say whether investigators have determined whether the pilot knew the runway lights were not working. A power surge had also knocked out the weather system at the airport but the pilot was aware of the fog and an air traffic controller gave him weather information from Marine Corps Air Station Miramar, about 4 miles (6.4 kilometers) to the north. The NTSB said the plane was only about 60 feet (18 meters) above the ground when it struck the power lines above the neighborhood. The NTSB said the plane should have been flying almost 200 feet (60 meters) higher as it approached the airport. Wednesday's report does not list the cause of the crash. That won't be officially determined until the final report is done sometime next year.
