Federal Aviation Administration

Bragar Eagel & Squire, P.C. Is Investigating Spirit, Equity, and SiTime and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, February 5, 2024

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Additional information about each case can be found at the link provided.
  • On this news, Spirit's stock price fell $3.53 per share, or 11.13%, to close at $28.20 per share on January 8, 2024.
  • 99, ‘Materiality,'" the statements at issue were materially misstated, should no longer be relied upon, and will be restated.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against The Boeing Company – BA

Retrieved on: 
Saturday, February 3, 2024

NEW YORK, Feb. 03, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against The Boeing Company (“Boeing” or the “Company”) (NYSE: BA).

Key Points: 
  • NEW YORK, Feb. 03, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against The Boeing Company (“Boeing” or the “Company”) (NYSE: BA).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Boeing and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against The Boeing Company (BA)

Retrieved on: 
Friday, February 2, 2024

Over that weekend, the Federal Aviation Administration (“FAA”) issued an emergency order grounding 171 Boeing 737 MAX 9 jets as it began safety inspections of 737 MAX planes alongside Boeing and airline operators.

Key Points: 
  • Over that weekend, the Federal Aviation Administration (“FAA”) issued an emergency order grounding 171 Boeing 737 MAX 9 jets as it began safety inspections of 737 MAX planes alongside Boeing and airline operators.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq.
  • of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected] .

BOEING INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Boeing To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against The Boeing Company (“Boeing” or the “Company”) (NYSE: BA) and reminds investors of the April 1, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $100,000 investing in Boeing stock or options between October 23, 2019 and January 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Boeing’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

BOEING SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Boeing Company - BA

Retrieved on: 
Thursday, February 1, 2024

This action is pending in the United States District Court for the Eastern District of Virginia.

Key Points: 
  • This action is pending in the United States District Court for the Eastern District of Virginia.
  • If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 1, 2024.
  • Boeing and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • On this news, the price of Boeing’s shares fell $12.25 or 5.7%, to close at $201.88 on January 25, 2024.

Airspace Link FAA-Approved to Provide B4UFLY Services: Streamlining the Safe Integration of Drones into the National Airspace

Retrieved on: 
Thursday, February 1, 2024

As an integral part of the Federal Aviation Administration's (FAA) commitment to safety and seamless integration of recreational drones into the national airspace, this recognition upholds the next generation of responsibility and awareness for drone pilots nationwide.

Key Points: 
  • As an integral part of the Federal Aviation Administration's (FAA) commitment to safety and seamless integration of recreational drones into the national airspace, this recognition upholds the next generation of responsibility and awareness for drone pilots nationwide.
  • B4UFLY is a collaboration between the FAA and private industry leaders, like Airspace Link, dedicated to ensuring the safety of drone operations by providing tailored safety information and airspace awareness to recreational and commercial drone pilots.
  • Accessing the B4UFLY features through Airspace Link's AirHub® Portal ensures drone pilots can visualize and adhere to regulatory requirements when operating drones in controlled airspace below 400 feet.
  • This integration by Airspace Link continues to equip recreational flyers with the essential tools and information required for responsible navigation of the national airspace system.

Loft Dynamics Opens First Virtual Reality Flight Simulation Hub in North America

Retrieved on: 
Thursday, February 1, 2024

SANTA MONICA, Calif., Feb. 1, 2024 /PRNewswire/ -- Loft Dynamics (formerly VRM Switzerland), a leader in virtual reality (VR) flight simulation devices for pilots worldwide, today announced the opening of its first Virtual Reality Flight Simulation Hub and the company's first North American headquarters, located at the Santa Monica Municipal Airport (SMO). The hub features the company's Airbus H125 VR Flight Simulation Training Device (FSTD), offering a hands-on way for even more pilots and aviation leaders to experience the future of pilot training and the benefits of VR technology at a critical time for the aviation industry.

Key Points: 
  • Following FAA's Recent Purchase of Loft Simulators, LAPD Air Support Division Announces Intent to Purchase a Simulator to Strengthen Training Program
    SANTA MONICA, Calif., Feb. 1, 2024 /PRNewswire/ -- Loft Dynamics (formerly VRM Switzerland), a leader in virtual reality (VR) flight simulation devices for pilots worldwide, today announced the opening of its first Virtual Reality Flight Simulation Hub and the company's first North American headquarters, located at the Santa Monica Municipal Airport (SMO).
  • Loft Dynamics expanded to North America in 2021, integrating its simulators at various flight schools, helicopter operators, and global regulatory organizations – from Airbus Helicopters to the Federal Aviation Administration (FAA).
  • Loft Dynamics' Santa Monica Virtual Reality Flight Simulation Hub is located at 3221 Donald Douglas Loop S, Santa Monica, CA 90405.
  • To learn more about the hub, or to experience Loft Dynamics' Airbus H125 simulator in person, book a demo .

Aviation Lawyer Amna Arshad Returns to Crowell & Moring

Retrieved on: 
Wednesday, January 31, 2024

WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Former federal aviation regulator Amna Arshad has returned to Crowell & Moring as a partner in the firm's Aviation and Transportation practices.

Key Points: 
  • WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Former federal aviation regulator Amna Arshad has returned to Crowell & Moring as a partner in the firm's Aviation and Transportation practices.
  • Arshad is the fifth lawyer over the past year to return to Crowell as a partner, and she is part of the firm's strategic plan to grow key areas, including regulatory and transportation.
  • Arshad was shortlisted as an "Aviation Lawyer of the Year" by Women in Business Law and is recognized for her work by Chambers USA.
  • Arshad also serves as a Member of the Advisory Board at the Hague Court of Arbitration for Aviation.

Garmin introduces new series of slimline COMM and NAV/COMM radios

Retrieved on: 
Wednesday, January 31, 2024

OLATHE, Kan., Jan. 31, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced a new series of COMM and NAV/COMM radios that offer feature-rich solutions in a slim 1.3-inch bezel height form factor. The GTR 205 Comm radio and GNC® 215 NAV/COMM radio are affordable solutions for customers that feature an easy-to-read full color LCD display, intuitive user interface and worldwide frequency database.

Key Points: 
  • We are excited to offer these new solutions for our general aviation customers as we keep our entire product line fresh."
  • The 1.3-inch height form factor matches previous-generation SL30 and SL40 radios, enabling easier upgrades and creating more room in space constrained panels.
  • The 2,280-channel capable VHF COMM radio comes standard with 10 watts of power, and a 16 watt option is also available.
  • Visit the Garmin Newsroom , email our media team , connect with @garminaviation on social, or follow our blog .

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of The Boeing Company – BA

Retrieved on: 
Friday, January 26, 2024

NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Boeing Company (“Boeing” or the “Company”) (NYSE: BA).

Key Points: 
  • NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Boeing Company (“Boeing” or the “Company”) (NYSE: BA).
  • The investigation concerns whether Boeing and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.