Aerospace and defense industry
Airlines cancel hundreds of flights as massive winter storm sweeps across U.S.
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Airlines canceled more than 1,300 flights scheduled for Friday as a massive winter storm sweeps across the U.S. with heavy snow and sleet in the […]
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Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward
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 is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out […]
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United Airlines could hit record earnings after strong start to 2026
A United Airlines airplane undergoes service at the George Bush Intercontinental Airport on Nov. 6, 2025 in Houston, Texas. Brandon Bell | Getty Images United Airlines on Tuesday said it could generate record earnings this year thanks to strong travel demand, with sales of premium seats, business travel and no-frills tickets robust in recent weeks. […]
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Airlines to save big money on fuel as new weight loss pills gain popularity, Wall Street says
Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight loss boom: airlines. With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the […]
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Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing logged net orders for 1,173 airplanes last year, marking the first time it outsold its European rival Airbus since 2018, the latest sign of Boeing’s recovery. Boeing […]
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Delta CEO sees record earnings in reach again thanks to high-end travel demand
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per […]
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Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal
An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the […]
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Boeing’s airplane deliveries are the highest in 7 years. Now it’s about to pick up the pace
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing is set to report this week that it delivered the most airplanes since 2018 last year after it stabilized its production, the clearest sign of a turnaround […]
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