Aerospace and defense industry
Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing
An F-35 fighter jet takes off from the US airbase in Ramstein as part of a large-scale exercise involving numerous fighter jets from several NATO countries. Boris Roessler | Picture Alliance | Getty Images Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15IA advanced fighter aircraft from […]
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‘Godspeed my friend’: Inside the final hours at Spirit Airlines
Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down. Leslie Josephs/CNBC BALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first. “It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told […]
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Spirit Airlines could shut down overnight. Here’s what travelers need to know
Spirit Airlines check-in Kiosks sit idle at Oakland International Airport on August 13, 2025 in Oakland, California. Justin Sullivan | Getty Images Spirit Airlines could shut down as early as 3 a.m. ET Saturday, according to people familiar with the matter. The carrier has failed to secure a financial lifeline to continue operating, though it […]
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Japan puts ‘too much burden’ on U.S. for security, former defense minister Kono says
Taro Kono during a news conference at the Liberal Democratic Party (LDP) headquarters in Tokyo, Japan, on Friday, Sept. 13, 2024. Bloomberg | Bloomberg | Getty Images Japan has relied too heavily on the U.S. for security, according to Taro Kono, Japan’s former defense minister, as concerns grow that Washington may scale back its global […]
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Airbus reports falling profits as jet deliveries slow
File: Visitors pass an Airbus SAS A320 aircraft on the second day of the Farnborough International Air Show in Farnborough, U.K., on Tuesday, July 10, 2012. Matthew Lloyd | Bloomberg | Getty Images Airbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed. First-quarter sales came […]
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U.S. airlines are hiking fares — and travelers keep booking
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Jet fuel prices have surged this year since the attacks on Iran that began two months ago led to the Strait of Hormuz effectively closing. For now, airline executives say travelers are […]
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JetBlue is full-steam ahead on Fort Lauderdale, regardless of Spirit’s fate
JetBlue Airways is moving forward with its flight plans at Fort Lauderdale–Hollywood International Airport, its president said, regardless of whether the airport’s No. 1 carrier, Spirit Airlines, gets a government bailout. JetBlue, United Airlines, Frontier Airlines, Breeze Airways and others added flights last year at Fort Lauderdale, which is Spirit’s home hub, as well as […]
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True Anomaly raises $650 million to support space interceptors for Trump’s Golden Dome
True Anomaly’s spacecraft, Jackal. Courtesy: True Anomaly True Anomaly, a Colorado-based startup building space interceptors for President Donald Trump’s sweeping Golden Dome project, raised $650 million, the company said on Tuesday. The four-year-old startup is now valued at $2.2 billion and has raised a total of $1 billion. True Anomaly plans to use the capital […]
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United Airlines CEO confirms he approached American Airlines about merger
United Airlines CEO confirms he approached American Airlines about merger Source
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Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here’s what could happen next
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines’ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the […]
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