Aerospace and defense industry
Defense’s Silicon Valley pivot: Ukraine, Iran wars challenge the legacy playbook
Warfare is undergoing a fundamental shift where tech with big price tags is being challenged by a more agile, decentralized model, spearheaded by Silicon Valley-backed start-ups, industry watchers told CNBC. The traditional defense model — notorious for development cycles that can span decades — is coming under increasing pressure. Companies are instead betting on a […]
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American Airlines makes bag fees even more expensive for basic economy tickets
An American Airlines plane is parked at a gate at the LaGuardia Airport in New York City, U.S., Nov. 18, 2025. Kylie Cooper | Reuters American Airlines joined other airlines in raising its bag fees Thursday, but the luggage will be even more expensive for customers who buy basic economy tickets. United Airlines, JetBlue Airways, […]
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Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
Delta Air Lines CEO Ed Bastian said the carrier will “meaningfully reduce” its capacity growth plans in the near term as fuel costs soar, solidifying a pullback from airlines that have been roiled by a historic run-up in jet fuel due to the Middle East war. Shares were up more than 11% in premarket trading, […]
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Jet fuel supply concerns grow as war on Iran drags on, airlines cut flights
A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn’t the airline industry’s only problem. Now, it’s whether […]
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Delta raises checked bag fees $10 amid jet fuel price surge, joining other carriers
A Delta Air Lines Airbus A350 airplane lands at Los Angeles International Airport after arriving from Atlanta on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images Delta Air Lines raised its fee for checked bags by $10 for tickets purchased starting Wednesday, the third major U.S. carrier to increase prices as […]
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U.S. fighter jet downed in Iran, search is on for crew, official says
A U.S. Air Force F-15E Strike Eagle on 16 July 2020. Nurphoto | Nurphoto | Getty Images The U.S. was searching for the crew of an American fighter jet Friday after it was downed in Iran, a U.S. official told MS NOW. It isn’t clear if the plane was shot down or went down for […]
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United unveils basic Polaris business fare in premium cabin overhaul
United Airlines new Polaris seat on one of its Boeing 787 Dreamliners Leslie Josephs/CNBC Does it matter where you sit if you’re sipping Champagne in first class? United Airlines is betting that for some travelers looking for luxury at a discount, it doesn’t. The carrier is launching new, cheaper tiers for its top-end Polaris and […]
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United Airlines hikes checked bag fee by $10 as fuel prices continue to climb
United Airlines Bloomberg | Bloomberg | Getty Images United Airlines hiked its checked bag fee by $10 on Thursday, becoming the second U.S. carrier in less than a week to raise the fee as the industry grapples with this year’s surge in fuel costs, airlines’ biggest expense after labor. United’s new fee will be $45 […]
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Delta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat up
The passenger cabin on a Delta Boeing 737-900ER is shown while landing in Salt Lake City, Utah. Mike Blake | Reuters Delta Air Lines has tapped Amazon Leo to provide fast internet service on hundreds of jets starting in 2028, the latest salvo in airlines’ in-flight Wi-Fi and streaming wars. Amazon Leo, which stands for […]
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European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
European defense tech startups are ramping up commercial discussions with Middle East governments since the Iran war, company execs told CNBC. Another CEO said interest from Gulf states was “skyrocketing” as they race to bolster measures to counter drone and missile attacks. Iran has targeted its neighbors since a joint U.S.-Israeli military operation began at […]
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