June 13th, 2025
Create an account or log in to unlock unlimited access!
California-based startup JetZero Inc. has unveiled plans to establish a next-generation aircraft manufacturing facility in North Carolina, a strategic investment projected to generate in excess of 14,500 regional employment opportunities over the ensuing decade.
The aforementioned corporation intends to allocate $4.7 billion for the construction of a manufacturing facility within the Greensboro airport complex, dedicated to the production of the Z4 aircraft, a blended-wing design projected to yield up to a 50% enhancement in fuel efficiency compared to conventional passenger aircraft, with United Airlines and Alaska Airlines already having committed capital to the project and executed provisional purchase agreements.
Encompassing within its scope a dedicated research facility for composite structures, this project anticipates incentivisation exceeding $2.35 billion from state and local authorities by the 2060s; JetZero envisions operational deployment of its aircraft by the early 2030s, projecting a production cadence of twenty units per month, initially prioritising commercial airliners configured with approximately 250 seats and a transoceanic range of 5,000 nautical miles.
June 13th, 2025
US Student Loan Repayments Threaten Millions of Credit Scores
US Student Loan Repayments Threaten Millions of Credit Scores
US Retail Sales Dip After Tariff Evasion "Spring Rush"
US Retail Sales Dip After Tariff Evasion "Spring Rush"
Crude Oil Price Surges Amid Market Jitters; US Stocks Tumble
Crude Oil Price Surges Amid Market Jitters; US Stocks Tumble
Consumer Confidence Rises Amidst Mild Inflation: A First for This Year
Consumer Confidence Rises Amidst Mild Inflation: A First for This Year
**Asia Markets Plunge, Oil Surges After Israeli Strike on Iran**
**Asia Markets Plunge, Oil Surges After Israeli Strike on Iran**
US-China Trade War: Framework Agreement Reached
US-China Trade War: Framework Agreement Reached
Warner Bros. Discovery Restructures: Cable and Streaming Divisions Split into Separate Entities
Warner Bros. Discovery Restructures: Cable and Streaming Divisions Split into Separate Entities
Data Privacy Fight: States Sue to Block 23andMe's Genetic Data Sales
Data Privacy Fight: States Sue to Block 23andMe's Genetic Data Sales
**Mega Battery Plant on Hold Amid EV Market and Tariff Volatility**
**Mega Battery Plant on Hold Amid EV Market and Tariff Volatility**
Create an account or log in to continue reading and join the Lingo Times community!