![]() Now the firm is hoping for a boost from sales of electric cars. Those worries saw Stellantis shares drop around 2% in early trade. Chief Financial Officer Richard Palmer said the company faced “challenges” getting cars to customers. That saw its inventory jump to 1.3 million units. Logistics are now the big problem, with Stellantis struggling to deliver vehicles. The company doesn’t give a profit figure for the first quarter. That saw its revenue gain outpace the rise in shipments, which were up 7% to almost 1.5 million vehicles. Stellantis said it also benefited from stronger pricing. The firm cited an improvement in the supply of computer chips. ![]() That was comfortably ahead of expectations. On Wednesday (May 3) it said net revenue hit $52 billion over the January-to-March period. That’s the maker of car brands including Peugeot, Citroen, Jeep and Fiat. STORY: Sales jumped 14% over the first quarter at Stellantis. Nearly 400 railway workers have been killed and 1,000 injured since the start of Russia’s full-scale war in Ukraine, according to the railway. A burning car was decoupled from the train, Ukrzaliznytsia said, while two damaged cars were replaced down the line in Mykolaiv.The train arrived on schedule at 10:18 am local time on Thursday at its destination in Lviv.The conductor suffered shrapnel wounds but Ukrzaliznystia said he was treated and returned home. Two grocery stores were also hit, and more than 20 people killed, officials said.No passengers were on the train at the time, and it departed 14 minutes late with 116 passengers on board. Joby Aviation, which purchased Uber’s air taxi business in 2020, just received significant investment from Delta as well.Ī passenger train that was hit during deadly strikes on Kherson, eastern Ukraine, on Wednesday, May 3, arrived on time in the western city of Lviv the following day, Ukraine’s national rail service said.Train 109 was hit by Russian shelling at the Kherson station, and its conductor injured, Ukrzaliznytsia said on Wednesday. Airbus is working on a VTOL of its own, as is Honda, while United announced plans to buy 500 units outright from VTOL maker Eve Air Mobility to jumpstart its fleet. However, finding reliable funding remains a challenge - even Larry Page’s pet VTOL project, Kitty Hawk, ceased operations in 2022 - which has resulted in much of the technology’s development concentrating amidst existing aerospace corporations. ![]() That’s not an issue with modern VTOL (vertical takeoff and landing) aircraft, such as the six-rotor Bell Nexus, which was to be used in Uber’s now defunct air taxi service, a similarly-specced offering from Volocopter, or the five-rotor version that Boeing tested in 2019. European cities launched their own services as well including Paris, Brussels, Dooseldorf and between the UK's Gatwick and Heathrow airports.Ĭlearly the issue was that the aircraft of the day only had a measly single rotor to provide lift and placed it at risk of major mechanical failure. It was joined by similar services in Los Angeles, New York, Washington DC and the San Francisco Bay Area. The CHA wasn't alone in its air commute aspirations. The company attempted a comeback with limited service in 1969 but shuttered again for good in 1974. By 1966, the federal government’s grant programs had run their course and funding quickly dried up, effectively putting an end to CHA’s operations. Just three years later in 1963, CHA’s business had dropped off by half with just 3,000 people opting for helicopter rides to the airport. It burst into flames, killing all 13 aboard. The crew attempted an emergency landing but were thwarted when the tail rotor subsequently broke off and the aircraft nose-dived into Forest Home Cemetery. Minutes into the journey, disaster struck when the main rotor failed and came apart. On July 20th, 1960, 11 passengers and two crew members took off from O’Hare airport, headed for Midway under clear skies. However, that success did not last long past the tragedy of Flight 698. At its peak in 1960, CHA operated 126 flights and carried 6,000 passengers daily.
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