Aerospace and defense industry
U.S. says it will drop immigration case against SpaceX
An employee walks across the bridge from parking to SpaceX in Hawthorne on July 17, 2024. Genaro Molina | Los Angeles Times | Getty Images The U.S. Department of Justice on Thursday said it would drop a case accusing Elon Musk’s space technology company SpaceX of refusing to hire certain immigrants. The Justice Department last month signaled it could […]
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Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC President Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes. The planes are years behind schedule. Trump negotiated the $4 billion contract for the aircraft […]
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Government travel has ‘fallen off’ since Trump inauguration, United Airlines says
A United Airlines plane takes off from Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images United Airlines says travel demand has been resilient lately — except from the U.S. government. Government travel “has fallen off here post-inauguration,” United’s Chief Financial Officer Mike Leskinen said at a Barclays […]
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Aviation industry urges Congress for emergency air traffic control funding
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The U.S. aviation industry on Wednesday urged Congress to approve “robust emergency funding” for air traffic control technology and staffing. Three weeks […]
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JetBlue talking to ‘multiple airlines’ about a new partnership
A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty Images JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, […]
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Southwest Airlines to cut 15% of corporate jobs in ‘unprecedented’ move to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called […]
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Trump tours a Boeing plane to spotlight delay on getting new Air Force One
The motorcade of U.S. President Donald Trump is parked next to a 12-year-old Boeing 747-8 that Trump was touring in West Palm Beach, Florida, on Feb. 15, 2025. Kevin Lamarque | Reuters President Donald Trump toured a Boeing plane on Saturday to highlight delays in delivering new Air Force One aircraft, said the White House. […]
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Defense stocks drop after Trump says Pentagon spending could be halved
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in […]
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DOT secretary says he spoke with Elon Musk on U.S. airspace reforms
An American Airlines plane takes off as a salvage barge with a crane is positioned near the crash site along the Potomac River after a passenger jet collided with a helicopter while landing at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Sunday, Feb. 2, 2025. Al Drago | Bloomberg | Getty […]
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All 67 victims in D.C. plane collision recovered, officials say
Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025. Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision […]
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