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Weekly Roundups

The Week in Aerospace: Yucatan, an Attractive Hub for Investment

By Miriam Bello | Fri, 01/24/2020 - 17:21

Shares went up and down for aerospace companies this week. Investment plans for Yucatan would mean an economic spill and employment opportunity for many Mexican workers.

Ready for your news fix? Here’s the Week in Aerospace!

 

The first test for the new Boeing 777X Plane took place on Friday. The plane was supposed to be delivered in 2020 but due to complications, the launch will be in 2021.

BAE plans investment to expand its US-based electronic systems operations.

AeroSystems layoffs are increasing lately. Now, Oklahoma workers are facing difficulties at their plant.

Virgin Galactic’s shares went up this week with a 13.99 percent increase in the New York City Stock Exchange.

Boeing shares drop due to the delay on their 737 MAX model.

Yucatan reaches MX$47 million (US$2.5 million) in investment in aerospace and other sectors.

Miriam Bello Miriam Bello Senior Journalist and Industry Analyst