Aerospace and defense industry
India orders inspection of Boeing 787s after Air India crash
Investigative officials stand at the site of Air India Boeing 787 which crashed yesterday, on June 13, 2025 in Ahmedabad, India. An Air India Boeing 787 Dreamliner, flight AI-171, carrying 242 passengers and crew members en route from Ahmedabad to London Gatwick, crashed shortly after takeoff on June 12, 2025, after the pilot issued a […]
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The extraordinary escape of the lone surviving passenger of the Air India crash
The survivor of the Air India Flight 171 crash Thursday revealed he miraculously survived by escaping through a broken emergency exit. There were 242 people on board the Boeing 787-8 Dreamliner, bound for London, that crashed shortly after takeoff in the western Indian city of Ahmedabad, smashing in a fiery blast into a medical college hostel, killing […]
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Airlines divert, cancel flights after Israel’s strike on Iran closes airspace in Middle East
Zoom In IconArrows pointing outwards Flight map of the Middle East after Israel airstrikes on Iran at 12:25 UTC on June 13th, 2025. FlightRadar24 Airlines around the world canceled flights to Israel and were skirting a large swath of airspace in the Middle East on Friday after Israel’s overnight missile strike on Iran. Iran later […]
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Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
A view shows the wreckage of an Air India aircraft, bound for London’s Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025. Adnan Abidi | Reuters An Air India plane that was bound for London and carrying 242 people crashed seconds after takeoff in western India on Thursday, killing […]
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European defense stocks have soared this year — could a rare earths bottleneck put a lid on the rally?
European defense companies have seen a monumental rise in value this year, as a regional push to ramp up military spending sparks a bull run on the sector. Strategists, analysts and industry leaders spoke to CNBC about the outlook for the industry, which has The industry has seen several stocks more than double in value […]
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Boeing airplane orders rise to highest level since late 2023 ahead of Paris Air Show
Boeing 737 aircraft fuselages are pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing‘s gross orders for new airplanes hit 303 last month, the most since December 2023, as the company makes strides against its rival Airbus and works to stabilize production of […]
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China’s rare-earth mineral squeeze puts defense giants in the crosshairs
Crews walk towards a Royal Navy F-35B Lightning fighter jet to prepare it for take-off from the deck of British aircraft carrier HMS Prince Of Wales, in an undisclosed location, on April 24, 2025, following its deployment to the Indo-Pacific region. Richard Pohle | Afp | Getty Images The automotive and robotics industries have been […]
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Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
Igor Gnedo, Antonina Lepore & Adrianne Paerels This year’s Disruptor 50 list, topped by Anduril in the No. 1 spot, and then OpenAI, showcases 50 companies that are challenging the status quo and using technology (most often, AI) to transform a range of industries. What’s particularly notable about this year’s list is how the sectors […]
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Trump wants to bring manufacturing jobs back. The aviation industry can’t hire fast enough
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle. The average age of a certified […]
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Why it’s getting even harder to get into airport lounges now
Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able […]
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