• “G-FORCE ONE” is the name of a converted Boeing 727 that offers customers the chance to float like astronauts in a zero-gravity environment. 
  • Zero Gravity Corporation is sending the flight across the country for flyers to experience weightlessness for a few minutes, though the price tag is quite high.
  • Extra precautions are being taken during the pandemic including requiring face masks, disinfecting the airplane before each flight, and limiting flight loads.
  • Visit Business Insider’s homepage for more stories.

You are now free to float about the cabin.

The realm of zero gravity has historically been reserved for astronauts as they explore the depths of space but one aviation company is offering the opportunity to become weightless while very much still in Earth’s atmosphere.  The Zero Gravity Corporation, or ZERO-G, is the company behind “G-FORCE ONE,” a converted Boeing 727 airliner that can simulate the feeling of being in space through

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By Eric M. Johnson and Tracy Rucinski

SEATTLE/CHICAGO (Reuters) – Boeing Co

is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar with the matter said.

The talks are part of a series of negotiations between Boeing and several airlines over jet orders or compensation after the 737 MAX was banned worldwide following two fatal crashes.

Boeing and Alaska Airlines, which is part of Alaska Air Group Inc

, declined to comment.

Any deal would be subject to U.S. Federal Aviation Administration approval of proposed 737 MAX safety upgrades.

Boeing shares were up 1.6% at $167.22 on Thursday afternoon, while Alaska Air stock was up 4.1% at $38.54.

Alaska Airlines already had ordered 37 of the jets before the grounding. If confirmed, a new order from such a major carrier would give Boeing’s 737 MAX a

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Trainers have Orca killer whales perform for the crowd during a show at the animal theme park SeaWorld in San Diego. (File photo).

Mike Blake | Reuters

Check out the companies making headlines in midday trading. 

SeaWorld Entertainment — SeaWorld shares popped 2% after a Credit Suisse analyst upgraded them to outperform from neutral. The analyst also hiked his price target on the stock to $30 per share from $13 per share, implying a 46% upside from Monday’s close. The analyst noted three key headwinds for SeaWorld “have either changed or are now fully priced in, making us more constructive on a stock with relatively low expectations.”

Vir Biotechnology – Shares of Vir Boitechnology climbed 6.1% after the biotech company said its experimental Covid-19 antibody treatment in partnership with GlaxoSmithKline will enter phase-3 trials,  with results coming possibly before the end of the year. The company said interim trial results

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The stock market was volatile on Tuesday after posting solid gains to start the week. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.37% at 1:10 p.m. EDT today, outperforming the other major indexes.

One thing keeping the stock market in check could be comments from Federal Reserve chairman Jerome Powell, who warned on Tuesday that too little government aid would lead to a weak economic recovery. Congress has yet to agree on additional stimulus measures, and an agreement does not appear close.

Shares of Boeing (NYSE: BA) were moving in the wrong direction on Tuesday after the airplane manufacturer predicted a difficult decade ahead. Meanwhile, the stock of Walmart (NYSE: WMT) was little changed after the retailer announced an insurance brokerage business.

An airplane.

Image source: Getty Images.

Boeing forecasts tough years ahead

The coronavirus pandemic has greatly reduced demand for air travel. While the number of daily air passengers

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The COVID-19 pandemic just claimed another victim in the aerospace industry: Boeing‘s (NYSE: BA) experiment with building the 787 Dreamliner wide-body jet in two different facilities. On Thursday, the aircraft manufacturer confirmed recent news reports, saying that it will end 787 production at its main wide-body plant in Everett, Washington, by mid-2021. Its newer factory in North Charleston, South Carolina will become its sole 787 assembly plant thereafter.

This long-rumored move represents a major blow to Washington’s aerospace industry. It also suggests that Boeing does not expect 787 production to return to 2019 levels at any point in the foreseeable future.

COVID-19 forces a rethink at Boeing

Just last year, Boeing increased production of the 787 family of small and medium wide-body jets to meet high demand. During 2019 and early 2020, the company built 787s at a rate of 14 per month, up from 12 per month previously.

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Boeing has expressed interest in supplying the F/A-18 Block III Super Hornet fighter jet to the Indian Navy.

Responding to queries from BusinessLine, the company said, “We have responded to the Indian Navy’s Request for Information (RFI) for the Multi-role Carrier Borne Fighters programme. The F/A-18 Block III Super Hornet, the frontline fighter of the US Navy, is on offer to the Indian Navy. It will offer the most contemporary war-fighting capabilities to the Indian Navy while enhancing cooperation between the Indian Navy and US Navy.”

Pact for Apache helicopters

“Today, India has 11 C-17 Globemaster IIIs, eight P-8Is (with four more on order), 22 AH-64E Apaches (with six more on order) and 15 CH-47F(I) Chinooks, all Boeing platforms. In 2020, Boeing also signed an agreement with the Centre for the acquisition of six AH-64E Apache helicopters for the Indian Army,” the company added.

The pitch to the Indian

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SEATTLE (AP) — Boeing said Thursday it will shut down the original assembly line for its two-aisle 787 jetliner near Seattle and consolidate the plane’s production in South Carolina as the airline industry tries to weather the global pandemic.

The move will begin in mid-2021. The company intends to keep assembling other jetliners — the 737, 747, 767 and 777 — in the Seattle area.

“Consolidating to a single 787 production location in South Carolina will make us more competitive and efficient, better positioning Boeing to weather these challenging times and win new business,” Stan Deal, CEO of Boeing’s commercial aircraft business, told workers in an email.


The company did not immediately say whether jobs would be eliminated in the move, but Rep. J.T. Wilcox, the Republican leader of the state House of Representatives, posted on Facebook following a call with the company that the decision would affect about 900

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Boeing Co.  (BA) – Get Report shares leapt to the top of the Dow Thursday after it said it would shift all of its 787 Dreamliner activity to South Carolina as it continues to consolidate its fleet production in the wake of demand changes brought by the coronavirus pandemic.

The stock pared some of those gains, however, after Washington Governor Jay Inslee said the move from suburban Seattle, where the current 787 production is based, could trigger a review of the planemaker’s “favorable tax treatment”.

Boeing said the move will be completed next year, starting with a previously-announced rate of six aircraft a year, although some production will continue at its Everett facility until the North Charleston, South Carolina move is complete. 

“The Boeing 787 is the tremendous success it is today thanks to our great teammates in Everett. They helped give birth to an airplane that changed

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As we are nearing Boeing’s (NYSE:BA) Q3 result earnings call in October, we are also expecting Boeing to announce or outline consolidation plans for the Boeing 787. The announcement seems to be a formality as Boeing faces lower costs in North Charleston for the Dreamliner production, and demand for wide body aircraft has dwindled, and the company has been looking for ways to make its business less prone to work disruptions from the strong unions in the Seattle area.

In this analysis, we will look at why this is a major blow to the Everett assembly site.

Boeing moves Boeing 787 production Everett Washington to North Charleston South Carolina

Source: Australian Aviation

Note from Author: As we were preparing this report for subscribers, The Wall Street Journal reported that Boeing will set plans this week to consolidate production in South Carolina.

Wide body in Washington state to tumble

Moving the Boeing 787 from Washington would be a blow for the Everett facility.

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By Tim Hepher and Andrea Shalal

(Reuters) – The World Trade Organization has authorized the European Union to impose tariffs on U.S. goods worth $4 billion to retaliate against subsidies for American planemaker Boeing Co

, people familiar with the matter said.

The delayed award provides a fresh source of potential trade friction weeks before November’s U.S. presidential election, after Washington last year began imposing tariffs on $7.5 billion worth of EU goods over state support for Boeing rival Airbus

.

The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world’s largest-ever corporate trade dispute.

They were informed of the decision by WTO arbitrators on Friday, and the award is expected to be published within weeks.

The U.S. Trade Representative and the EU’s Washington office did not immediately answer requests

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