Daily Archives: December 13, 2011
Tycoon’s Next Big Bet for Space: A Countdown Six Miles Up in the Air
By KENNETH CHANG Graphic Heavy Lifter Paul G. Allen, the billionaire co-founder of Microsoft, said Tuesday that he was entering the rocket business with a concept seldom used until now: a plane that can take off the conventional way and then, at 30,000 feet, launch a rocket to orbit, carrying with it satellites, supplies and [...]
Hawker Beechcraft Hires Perella Weinberg to Seek Loan Amendment
By Zeke Faux - Dec 12, 2011 4:02 PM MT Hawker Beechcraft Corp., the jet maker part-owned by Goldman Sachs Group Inc. (GS), hired Perella Weinberg Partners LP as it seeks an amendment to the terms of its revolving credit line. “We are entering a phase of our business during which we will likely need to address our [...]
Southwest orders 150 737 MAX airplanes and 58 Next-Generation 737s
– Southwest becomes launch customer; scheduled to take first 737 MAX delivery – Largest firm order in Boeing history DALLAS, Dec. 13, 2011 /PRNewswire/ – Boeing (NYSE: BA) and Southwest Airlines today announced a firm order for 150 fuel-efficient 737 MAX airplanes. Southwest is the first customer to finalize an order for the 737 MAX [...]
Rocket system could lower cost of access to space, Allen says
by William Harwood December 13, 2011 4:33 PM PST SEATTLE–Microsoft co-founder Paul Allen and legendary aircraft designer Burt Rutan have teamed up on a new winged rocket that would be carried aloft by a gargantuan twin-fuselage mothership and then dropped from 30,000 feet for the climb to orbit, they announced today. The new rocket will be [...]
