Model Airplanes

As the world’s largest plane maker, Boeing (NYSE: BA) makes a lot of airplanes — but not all airplanes are created equal.

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From the smallish 737 to the jumbo-sized 747 and (perhaps confusingly) highest-numbered but only mid-sized 787, the profitability of Boeing stock depends in part on the number of planes it produces, but also on the profitability of each individual plane model produced. Management tells us that out of all the planes it builds, Boeing’s 737 and 777 models are its real “profit drivers.”

And that’s why it’s so distressing to hear: Boeing is cutting 777 production.

Boeing’s beloved 777. Prepare to see fewer of them flying overhead. Image source: Getty Images.

The news

Last week, Boeing made the somewhat surprising announcement that it is slashing the production rate of its uber-profitable 777 airliner by about 40%. Currently, the plane maker is churning out 777s at the rate of 8.3 planes per month (PPM). It had already planned to cut that rate to seven planes per month in January. Now, management says that with the deceleration in plane orders — Boeing’s sold only 17 so far this year — it’s going to ramp down 777 production even more, to

Article source: http://www.foxbusiness.com/markets/2016/12/29/boeing-stock-could-suffer-from-777-production-cut.html

When Clinton resident Austin Haughwout uploaded YouTube videos of his pistol and flamethrower-equipped drones last year, he triggered a national debate over the use of weaponized drones that is expected to result in new state legislation.

Eight states, including Vermont and Maine, now have laws prohibiting or limiting the weaponization of drones, and Connecticut is expected to take up a similar ban in the next legislative session. A proposal in Connecticut to make it a felony to carry a weapon or an explosive in a drone was approved by the House during the 2016 legislative session, but the Senate failed to take action.

“Hopefully, next year, we will get the legislation across the finish line,” said Rep. Stephen Dargan, D-West Haven, co-chair of the legislature’s Public Safety and Security Committee.

Nationally, there were 632,068 drones registered as of December, according to Alison Duquette, a spokeswoman for the Federal Aviation Administration (FAA). In Connecticut, a C-HIT analysis of the FAA’s most recent state-by-state database reveals that 5,731 drones were registered as of May.

Connecticut has been at the center of the drone controversy since the videos by Haughwout made national news, spurring investigations by the Clinton police and the FAA. No charges were brought against Haughwout and his father, Bret Haughwout, but the two men are expected to disclose information under oath about their use of weaponized drones before the FAA in the coming months, their attorney said. The men initially refused to comply with federal subpoenas to disclose information, but U.S. District

Article source: http://wnpr.org/post/connecticut-lawmakers-plan-rein-weaponized-drones

The Menlo Park Hotel Galway tomorrow welcomes back The Galway Christmas Model Diorama Show which will be held in the hotel on tomorrow Friday Dec 30. The event has grown in size from last year and will show more exhibitors and model trade stalls than last year. Over 500 adults and children attended the show last year and the same, if not more, is expected again this year.

There is certainly a craft that goes into the building of some of the displays that you will see on the day. Enjoy a hobby or something new this December. You might even find something special for someone you know. To many, even the smallest collectable model is worth the world.

“The show is not just for adults, many children that came last year were amazed and excided, not just by Santa, but by the wide variety of models on display”, says Micheal O Murchu, Co Organiser of the Menlo show.

“This has been a life long hobby for me and it started when I was a small child and it’s great to see that many children all over Cork shared such a great interest,” he said

Expect to see remote control cars, new diorama displays and even bigger selections of farm machinery for sale and display from Britain’s Siku and Universal Hobbies. There will also be Dolls houses on display, Tekno Models for sale display and much more.

The Galway Christmas Model and Diorama Show will be open to the public

Article source: http://www.advertiser.ie/galway/article/89465/model-trains-airplanes-and-tractors-at-galway-christmas-model-and-diorama-show-at-menlo-park-hotel-tomorrow

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Article source: http://money.cnn.com/2016/12/28/news/companies/new-planes-2017/