The cost of all types of oil based fuel has been rising in recent months which begs the question “how will the rising price of fuel impact low cost airlines?”. Now obviously the rising cost of fuel has a direct impact on the cost to fuel the jets and keep them in the air. However, that is just the beginning of the effects that rising fuel prices have on low cost airlines. Most of the airlines operating today use futures … >> Read More

This mysterious UAV dubbed “The Beast of Kandahar” has surfaced in many photos in recent years. It first appeared in the skies of Kandahar, Afghanistan in 2009 and the US Air Force confirmed that they did indeed operate a stealth drone called the Lockheed Martin RQ-170 Sentinel and that the drone is the product of Lockheed’s Skunk Works, which is also responsible for the U-2, the SR-71 Blackbird, the F-117 Nighthawk, the F-22 Raptor, and the F-35 Lightning II. However, … >> Read More

The Phantom Ray is a stealth unmanned combat aerial vehicle developed by Boeing using company funds and is currently being used as a testbed for UAV technologies. It made its first flight in December last year and is currently being used in a series of 10 test flights over six months involving a myriad of battlefield duties such as surveillance, ground attack, and autonomous in-air refueling. The Phantom Ray is derived from the X-45C aircraft. It is fairly large, being … >> Read More

As NASA is wrapping up its space shuttle program, private space corporations are beginning to take a stronghold in space exploration. Recently, SpaceX or Space Explorations Technologies Inc. announced a new rocket called the Falcon Heavy that is only second in size to the Apollo Era’s Saturn V. The Falcon Heavy is planned to have a payload of 117 000 pounds, twice that of the Space Shuttle and rival company United Launch Alliance LLC’s Delta IV. The new rocket is … >> Read More

On Monday April 19, 2011 the aircraft leasing business world added another company to the ranks of the already competitive marketplace. This company is named Air Lease and it has been started by Los Angeles billionaire Steven Udvar-Hazy. The company’s IPO on Monday raised around $802.5 million by selling around 30 million shares of common stock, this was greater than their initial expectation which was around 25 million shares. The question now is whether this initial vote of confidence is … >> Read More

The last few weeks have been a very busy time, to say the least, for Hawaiian Airlines as they have formed a new partnership, taken delivery of a new aircraft, rolled out new fares, and more. This has been a very challenging year for airlines with soaring fuel costs, questions of aircraft safety and other obstacles. That is why it is so important for a carrier such as Hawaiian Airlines to have so many positive things happening with the airline. … >> Read More