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Tag: Aerospace and defense industry

Planet lands $230 million contract for Pelican imagery satellites

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An animated rendering of a Pelican satellite in orbit.PlanetSatellite imagery and data analysis company Planet announced it had signed a $230 million contract...

Frontier Airlines proposes merging with fellow budget carrier Spirit — again

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A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe...

JetBlue shares tumble roughly 20% after disappointing outlook

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A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida.Joe Raedle...

Aerial firefighting companies’ new challenge: Keeping up with demand

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As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send...

JetBlue offers some pilots early retirement packages, union says

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A passenger arrives at Ronald Reagan Washington National Airport on November 21, 2023 in Arlington, Virginia.Alex Wong | Getty ImagesJetBlue Airways is offering...

Airlines flex pricing power, signaling higher fares in 2025

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Travelers walk through O'Hare International Airport in Chicago on Dec. 20, 2024.Kamil Krzaczynski | AFP | Getty ImagesHigher airfare is in store this...

Boeing expects $4 billion loss for fourth quarter after chaotic 2024

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An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing...

American Airlines shares tumble as outlook falls short

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American Airlines' first-quarter earnings outlook on Thursday fell short of analysts' estimates, sending its shares down nearly 9%.The carrier forecast an adjusted loss...

FAA grounds SpaceX’s Starship after midflight explosion, reports property damage on...

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SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025.Eric Gay | APThe Federal...

Watch SpaceX launch Starship flight testing how it will deploy satellites...

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SpaceX is set to launch the seventh test flight of its Starship rocket on Thursday, as the company looks to push development of...