Aerospace and defense industry
Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its new fare class: a second-cheapest option it hopes will reel in customers willing to pay up for more flexibility. The “Wanna Get Away Plus” fare […]
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Alaska Airlines to convert 2 more Boeing jets into freighters in bet on air cargo boom
Alaska Airlines employee Jeff Ferguson loads cargo at Ted Stevens Anchorage International Airport in Anchorage, Alaska. Mark Thiessen | AP Alaska Airlines is turning two of its midlife Boeing 737-800s into cargo planes, a bet that the pandemic boom in air freight will continue to generate revenue even after more passengers return to travel. The […]
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Black box from crashed Boeing jet is on its way to Beijing for analysis, state media says
Zhu Tao, director of the aviation safety office at the Civil Aviation Administration of China, speaks during a press conference at a hotel in Wuzhou on March 23, 2022. Noel Celis | Afp | Getty Images BEIJING — Search and rescue teams have found a black box and human remains at the China Eastern Airlines […]
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SpaceX raises prices for rocket launches and Starlink satellite internet as inflation hits raw materials
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising prices across its products and services, including for rocket launches and Starlink satellite internet, citing “excessive levels of inflation.” The double-digit price […]
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Alaska Airlines is trying to ease staffing shortage by offering flight attendants double pay to pick up shifts
A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attendants double pay to pick up extra trips this spring in hopes of avoiding staffing shortfalls ahead of an even bigger jump […]
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China Boeing 737 plane crash: No survivors found; search for black box continues
Rescuers head to the site of a plane crash in Tengxian county, Wuzhou city, in China’s southern Guangxi region on March 22, 2022. Str | Afp | Getty Images BEIJING — Rescue workers haven’t found any survivors from this week’s China Eastern Airlines crash and the hunt for the black box continues, authorities said late […]
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Elon Musk’s SpaceX sent thousands of Starlink satellite internet dishes to Ukraine, company’s president says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink satellite internet kits to Ukraine, company President Gwynne Shotwell told CNBC on Tuesday. Elon Musk’s space company began sending Ukraine shipments of Starlink satellite kits — which come with […]
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Rocket builder Firefly aiming for second launch attempt in May, raises $75 million
The company’s inaugural Alpha rocket launches from Vandenberg Space Force Base in California on Sept. 2, 2021. Firefly Aerospace WASHINGTON – Firefly Aerospace aims to make its second attempt to reach orbit with its Alpha rocket in the coming weeks, having received government approval to resume launch operations after a controversial investor sold his stake. […]
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Elon Musk says SpaceX will hopefully launch first Starship orbital flight in May
Prototypes of SpaceX’s Starship rocket and Super Heavy booster stand at the company’s Starbase facility in Texas. Michael Sheetz | CNBC Elon Musk on Monday gave an update on the timeline for SpaceX’s first orbital launch of the company’s next-generation Starship rocket. “We’ll have 39 flightworthy engines built by next month, then another month to […]
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Investing Club: How we view our Boeing position after the tragic plane crash in China
Many investors were dumping shares of the plane maker Monday on headline risk. That kind of selling isn’t part of our investment strategy. Source
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