Aerospace and defense industry
Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s aircraft deliveries in October fell from a month earlier after a fuselage flaw in its bestselling 737 Maxes delayed handovers of new planes. Boeing delivered […]
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Virgin Orbit raises $25 million from Branson’s conglomerate as cash reserve dwindles
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Virgin Orbit raised $25 million, the company announced Monday alongside its third-quarter results, as the alternative rocket launcher faces a dwindling cash reserve. The company disclosed that Richard Branson’s Virgin Group, an existing shareholder, […]
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SpaceX adds data restrictions for Starlink power users
SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images Elon Musk’s SpaceX introduced restrictions to its Starlink internet service to curtail data drains of power users. The company added a […]
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North Korea fires a lot more missiles as U.S. flies bombers over South
South Korea scrambled 80 plane, which include, F-35A stealth fighters after detecting about 180 North Korean navy flights north of the two countries’ border Handout | Getty Pictures Information | Getty Photos North Korea included to its the latest barrage of weapons demonstrations by launching four ballistic missiles into the sea on Saturday, as the […]
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United Airlines opens a new grab-and-go lounge in Denver for time-crunched travelers
United’s new, small-format lounge at Denver International Airport. Source: United Airlines United Airlines is opening a new kind of lounge at Denver International Airport, and it’s not designed for travelers to linger. The Chicago-based airline is launching the new club concept as travel demand recovers, and airlines return to profitability in part thanks to customers […]
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Rocket Lab launches mission, but calls off attempt to catch Electron booster with a helicopter
Space company Rocket Lab called off its latest attempt at catching one of its Electron boosters with a helicopter, as the venture pursues reusability of its rockets. The company launched the “Catch Me If You Can” mission from its private facility in New Zealand on Friday. The primary goal of Rocket Lab’s mission, its ninth […]
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It’s vacations vs. shopping this holiday season, and travel has the edge
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their money on trips. That is setting up the fiercest holiday season battle for consumers’ wallets since before the Covid pandemic, with persistent inflation already straining household budgets […]
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Virgin Galactic CEO outlines remaining steps before commercial spaceflight service begins next year
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter loss from a year ago, with CEO Michael Colglazier outlining the remaining steps before the space tourism company aims to launch its long-delayed service next year. “As we […]
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The most significant U.S. airways are negotiating pilot contracts, and talks are turning rocky
Delta Airways pilots make their way to Terminal 4 to picket for a new agreement at JFK Intercontinental Airport on September 01, 2022 in New York Town. Michael M. Santiago | Getty Photographs U.S. airways are rewarding again, and their pilots want a bigger slice of the industry’s recovery. The greatest airlines in the state […]
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Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new aircraft, propping up its forecast for higher cash in 2023, […]
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