Tag: Aerospace and defense industry
American Airlines shares tumble as outlook falls short
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...
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...
SpaceX is set to launch the seventh test flight of its Starship rocket on Thursday, as the company looks to push development of...
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York's LaGuardia AirportLeslie Josephs/CNBCSpirit Airlines is cutting about 200 jobs across the company as the struggling budget...
Blue Origin’s first New Glenn rocket reaches orbit, misses booster landing
Blue Origin's New Glenn rocket streaks into orbit after launching from the Kennedy Space Center on its maiden flight, at Cape Canaveral, Florida...
DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin...
Firefly Aerospace kicks off first moon mission after SpaceX launch
The company's Blue Ghost moon lander before shipping out for launch.Firefly AerospaceAnother American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound.Firefly's...
Boeing delivered 30 airplanes in December, but gap with Airbus widened...
Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing handed over 348 airplanes in 2024, about a third...
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on...
Airlines extend travel waivers due to LA wildfires
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles...
