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Aerospace and defense industry

Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

by Anas Siddiqui
Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

SpaceX’s Crew Dragon capsule “Endurance” is seen during the Crew-3 mission for NASA on May 5, 2022. NASA Private polar expeditions are reaching a new level: Space. Cryptocurrency speculator Chun …

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SpaceX repeatedly polluted waters in Texas, TCEQ, EPA found

by Ron Morgan
SpaceX repeatedly polluted waters in Texas, TCEQ, EPA found

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this …

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American Airlines (AAL) earnings Q2 2024

by Franz Hernandez
American Airlines (AAL) earnings Q2 2024

American Airlines CEO on Thursday vowed to be “diligent” in making sure capacity doesn’t outgrow demand after the carrier slashed its profit forecast for the year after a backfired sales …

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Southwest Airlines (LUV) earnings Q2 2024

by Franz Hernandez
Southwest Airlines (LUV) earnings Q2 2024

Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually …

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Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

by Franz Hernandez
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines is ending open seating and will offer extra legroom seats on …

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U.S. airlines cut growth plans for the second half of the year

by Franz Hernandez
U.S. airlines cut growth plans for the second half of the year

Airplanes from United and JetBlue and Delta populate the taxiway at Laguardia Airport in the Queens borough of New York City.  Bruce Bennett | Getty Images U.S. airlines are reducing …

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Highest class will include snacks, W-Fi, bags

by Franz Hernandez
Highest class will include snacks, W-Fi, bags

A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024.  Mike Blake | Reuters Free Wi-Fi? Free checked bag? Free …

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JetBlue shares jump after surprise profit in second quarter

by Franz Hernandez
JetBlue shares jump after surprise profit in second quarter

A JetBlue Airways jet comes in for a landing after flights earlier were grounded during an FAA system outage at Laguardia Airport in New York City, New York, U.S., January …

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Boeing, Airbus orders muted amid supply chain woes

by Franz Hernandez
Boeing, Airbus orders muted amid supply chain woes

An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, …

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CrowdStrike-Microsoft outage cost the airline $500 million

by Franz Hernandez
CrowdStrike-Microsoft outage cost the airline 0 million

Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. Bastian said the figure …

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