Aerospace and defense industry

SpaceX returns private Ax-1 astronaut crew to Earth after extended space station stay
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carrying the private crew of Axiom Space’s Ax-1 mission back from the International Space Station. Crew Dragon capsule Endeavour splashed down off the […]
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Satellite imagery specialist Capella raises nearly $100 million to expand its network
The deployed reflector of the Capella-3 satellite in orbit. Capella Space San Francisco-based satellite imagery specialist Capella SpaceĀ on Monday announced the close of nearly $100 million in financing, as the company looks to expand its line of analytics and data products. Capella raised $97 million through a mix of equity and debt in a round […]
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SpaceX’s Starlink to provide Wi-Fi on Hawaiian Airlines flights with free service for passengers
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airline told CNBC it plans to offer to passengers for free. The deal marks the first for Elon Musk’s space company with a major airline. […]
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SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]
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Earth-imaging specialist Planet details more powerful line of Pelican satellites
A graphic rendering of a Pelican satellite. Planet Earth-imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further expand and improve its space-based imagery capabilities. Planet expects to begin launching the Pelican satellites in early 2023, with the constellation consisting of up […]
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American forecasts second-quarter profit on soaring travel demand, stock surges 9%
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the […]
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United forecasts a 2022 profit as passengers return and pay more to fly
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time since before the pandemic as bookings rise and passengers appear willing to pay more to fly. United’s shares rose more than 6% in […]
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Relief, confusion and disappointment as masks come off on planes
Passengers at LaGuardia Airport on April 19, 2022. Leslie Josephs | CNBC The Biden administration’s transportation mask mandate was one of the most divisive policies of the Covid pandemic. Its sudden end this week was just as contentious. A federal judge in Florida on Monday struck down the mandate, which for more than a year […]
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FAA keeps zero tolerance policy for unruly travelers even after judge scraps mask mandate
Passengers wearing protective masks masks board a Boeing Co. 737-800 operated by Avelo Airlines ahead of the airline’s inaugural flight at Hollywood Burbank Airport (BUR) in Burbank, California, U.S., on Wednesday, April 28, 2021. Bing Guan | Bloomberg | Getty Images The Federal Aviation Administration is maintaining its zero tolerance policy for unruly passenger behavior […]
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Airline startup Breeze adds cross-country flights from Westchester in battle for suburbanite travelers
A Breeze Airways airplane on the tarmac at Tampa International Airport (TPA) in Tampa, Florida, U.S., on Thursday, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways plans to add eight flights, including service to California, from Westchester County Airport, a bet that the start-up can win over suburbanites seeking to avoid […]
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