Aerospace and defense industry
Spirit Airlines plans crew base in United stronghold Houston, its third new outpost in five months
A Spirit Airlines aircraft takes off at La Guardia Airport. John Nacion | LightRocket | Getty Images Spirit Airlines said Tuesday it plans to open a crew base at George Bush Intercontinental Airport in Houston, a United Airlines hub, the latest expansion as the discounter plots growth at large airports. Miramar, Florida-based Spirit in March […]
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Flights suspended at London airport after runway damaged during heat wave
A sign reading “Welcome to Luton” is seen from an aircraft on arrival to Gatwick Airport, London, Britain, May 23, 2022. Tom Nicholson | Reuters Extreme heat in the U.K. on Monday caused runway damage and disrupted military and civilian flying, airport officials said. A heat wave has engulfed much of Western Europe, with temperatures […]
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Boeing CEO says supply chain issues are hindering 737 Max production increase
An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing CEO Dave Calhoun on Monday said the manufacturer won’t ramp up production of its best-selling 737 Max yet because of supply chain constraints. The manufacturer is producing 31 […]
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Delta buys 100 Boeing Max planes, its first major order with the manufacturer in more than a decade
Delta Air Lines planes at John F. Kennedy Airport in New York. Getty Images Delta Air Lines is buying 100 Boeing 737 Max 10 planes, its first major order for new aircraft from the U.S. manufacturer in more than a decade. The deal has options for 30 more of the planes. Deliveries are slated to […]
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Airfares are finally starting to cool as peak summer travel season fades. Now what?
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation […]
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ISS urges Spirit shareholders to vote against Frontier merger, calls JetBlue bid superior
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC Proxy advisory firm Institutional Shareholder Services on Friday reversed its stance on Spirit Airlines’ planned tie-up with Frontier Airlines, urging Spirit shareholders to vote against the deal and calling JetBlue Airways’ all-cash bid a “superior alternative,” yet another […]
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Private investment in space companies dropped during Q2 despite monster SpaceX round, report finds
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX Private investment in space companies dwindled in the second quarter — weighed down by broader economic and market headwinds — but was salvaged in part by a funding round at Elon Musk’s SpaceX, according to a report Thursday […]
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Emirates Airline slams Heathrow Airport’s ‘unacceptable’ demand to cut flights, refuses to comply
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images DUBAI, United Arab Emirates — Emirates Airline has harsh words for London’s Heathrow Airport, the U.K.’s largest aviation hub currently beset by travel […]
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United Airlines, pilots’ union to renegotiate contract after last deal faced opposition
United Airlines and its pilots’ union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandemic started. The United branch of the Air Line Pilots Association acknowledged Wednesday that the current agreement “fell short” of some […]
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Spirit Airlines delays vote on Frontier deal again amid concerns about lack of shareholder support
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time as concerns mount about a lack of shareholder support. Spirit said […]
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