American Airlines, Spirit cut summer profit forecast on costs
An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023 Daniel Slim | Afp | Getty Images American …
Aerospace and defense industry
SpaceX near rocket market monopoly is ‘huge concern:’ Lazard banker
Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023. Michael Sheetz | CNBC …
Telesat buys SpaceX launches for Lightspeed internet satellites
A rendering of Telesat’s low earth orbit broadband constellation. Telesat PARIS – Competitors or not, SpaceX continues to be willing to launch for other satellite internet companies. Elon Musk’s SpaceX …
U.S. Export Import Bank working through $5 billion space pipeline
A Falcon Heavy rocket launches the Viasat-3 “Americas” satellite on May 1, 2023. SpaceX PARIS – The U.S. export credit agency is working through a $5 billion pipeline of applications …
RTX to take $3 billion charge on Pratt & Whitney engine problem
Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Benoit Tessier | …
International travel surges while domestic airfares, hotel rates lag
Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022. Guglielmo Mangiapane …
FAA orders SpaceX to keep Starship grounded, take corrective action
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post …
Airlines add flights to get travelers off Maui
Passengers try to rest and sleep after canceled and delayed flights while others wait to board flights off the island as thousands of passengers were stranded at the Kahului Airport …
American Airlines pilots approve labor deal with big raises
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines pilots approved a sweetened labor …
Mexico’s army-run airline to take off in September, but the flight attendants won’t be soldiers
MEXICO CITY — Mexico announced Thursday that its army-run airline will start up in September — but the flight attendants won’t be soldiers. The administration of President Andrés Manuel López …