Aerospace and defense industry
Airlines expected to cut 2025 outlooks as travel demand falters
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Waning travel from Canada. Signs of weaker demand across the Atlantic. Mass government layoffs. Tariffs. Consumers pulling back on travel bookings. The worst stock market swoon since 2020. […]
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Airlines expected to cut 2025 outlooks as travel demand falters
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Waning travel from Canada. Signs of weaker demand across the Atlantic. Mass government layoffs. Tariffs. Consumers pulling back on travel bookings. The worst stock market swoon since 2020. […]
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Tariffs will drive up the cost of airplanes, the United States’ star export
The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, […]
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Southwest’s bag fees and other changes could backfire, Fitch warns
A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its […]
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United Airlines adds Thailand, Vietnam and Australia flights in latest expansion
A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most […]
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Boeing CEO faces Senate hearing on plane maker’s recovery
Kelly Ortberg, CEO of Boeing, speaking on CNBC’s Squawk Box on Jan. 28th, 2025. CNBC Boeing CEO Kelly Ortberg will testify in front of a Senate committee on Wednesday on the progress the plane maker has made on improving its manufacturing and safety standards after years of crises in both its commercial and defense units, […]
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Airline stocks slide more as concerns grow over consumers’ travel appetite
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down roughly 5% in morning trading […]
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These European defense stocks have gained more than 100% on EU spending plans — and they could have further to climb
European defense stocks have surged in recent months as geopolitical tensions prompt regional officials to ramp up spending on national security. In Germany, lawmakers have passed a historic debt reform , paving the way for a huge splurge on defense, while U.K. Prime Minister Keir Starmer has pledged to hike Britain’s national spend on defense […]
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Close call reported between Delta flight and Air Force jet near Reagan National
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images A Delta Air Lines flight had a reported close call Friday with a U.S. Air Force jet near Ronald Reagan Washington National Airport. CNN first reported the close call between the Airbus A319 that was departing Reagan and an Air Force T-38 jet, […]
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Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit
Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen the United States’ $50 billion […]
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