Aerospace and defense industry
SpaceX may receive FAA license for next Starship launch in time for Sunday attempt
SpaceX’s next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 14, 2024. Cheney Orr | Reuters The Federal Aviation Administration may issue SpaceX its next Starship license in time for a Sunday launch […]
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Boeing delivers 33 jets in September but strike impact looms
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC Boeing delivered 33 airplanes in September, six more than during the same period a year earlier, as the company and its customers keep an eye on the impact of a machinist strike, now in its fourth week. Through September, Boeing has handed over […]
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Airlines, theme parks, cruise lines warn travelers about Hurricane Milton disruptions
A message board at the Tampa International Airport shows all American Airlines departing flight canceled Tuesday, Oct. 8, 2024, in Tampa, Fla., due to the possible arrival of Hurricane Milton. Chris O’Meara | AP Airlines canceled hundreds of flights, theme parks prepared to close some areas and cruise lines shifted routes as Floridians braced for […]
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FAA authorizes flight for SpaceX Falcon 9 vehicle
TOPSHOT – A SpaceX Falcon 9 rocket with Expedition 72 astronauts lifts off from launch complex 40 at Cape Canaveral Space Force Station in Florida on September 28, 2024. Gregg Newton | Afp | Getty Images The SpaceX Falcon 9 vehicle is authorized to return to flight for a planned mission scheduled to launch on […]
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A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]
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Spirit tumbles to record low on report it’s exploring a bankruptcy filing. Here’s how it got here
A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024. Mike Blake | Reuters Spirit Airlines shares tumbled to a record low on Friday after a report that it’s exploring Chapter 11 bankruptcy protection. The carrier faces a deadline this month to renegotiate more than […]
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Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund
An Impulse employee works on assembling a Mira vehicle. Impulse Space Los Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. Impulse is scaling a product line of orbital transfer vehicles — colloquially known as […]
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Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buybacks
A Southwest Boeing 737 is at Phoenix Sky Harbor International Airport in Arizona, USA, on July 2, 2024. Robert Smith | Nurphoto | Getty Images Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized a $2.5 billion in share buybacks, and detailed a host of changes to its business model as […]
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Etihad reveals $7 billion investment plan over five years, will retrofit old Boeing jets
An Airbus A380-800 jet airliner operated by Etihad Airways, on display at the Dubai Airshow 2017 international aerospace event. Marina Lystseva | TASS | Getty Images Etihad Airways on Wednesday revealed a $7 billion investment plan over the next five years in a bid to “double the size of the airline until 2030.” Speaking to […]
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Southwest Airlines to cut service and staffing in Atlanta to slash costs
A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California. Mario Tama | Getty Images Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come […]
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