Aerospace and defense industry
United Airlines is paring back rewards for travelers who don’t have its credit card in MileagePlus overhaul
No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an […]
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Britain’s BAE Systems sets sights on defense spending boom amid record order backlog
BAE Systems attracted record orders in 2025, and now the UK defense staple is setting its sights on years of growth amid a global ramp-up in spending. Its shares rose 3.6% on Wednesday after its full-year earnings report showed sales soared 10% last year to reach a record £30.7 billion ($41.7 billion). That helped push […]
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India approves Rafale jet purchase in $40 billion defense package ahead of Macron visit
A French Air and Space Force Rafale fighter jet takes off from Air Base 120 in Cazaux, south-western France, on January 29, 2026, during the TOPAZE 2026 exercise. The TOPAZE 2026 exercise tests rapid redeployment capabilities and operational response in simulated high-intensity combat conditions. (Photo by Philippe LOPEZ / AFP via Getty Images) Philippe Lopez […]
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Spirit Airlines sells more planes, calls back 500 flight attendants from furlough ahead of spring break
A Spirit Airlines plane is at George Bush Intercontinental Airport (IAH) in Houston, Texas, on Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough. […]
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American Airlines flight attendants picket as CEO tries to calm frustrated employees
American Airlines flight attendants’ union plans to hold a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to calm frustrated employees and listed […]
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FAA halts El Paso airport flights for 10 days, citing ‘special security’ instructions
El Paso International Airport Google Earth The Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday, citing “special security” instructions. The FAA didn’t immediately say what the security reasons for the sudden halt are. The airport sits next to Biggs Army Airfield […]
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South Korea’s largest defense firm Hanwha Aerospace slumps 6% as revenue, pre-tax profit miss estimates
A large screen displays images of Combat Unmanned Surface Vessels (USV) at the Hanwha exhibition stand during the Security Equipment International (DSEI) at London Excel on Sept.10, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of South Korea’s largest defense firm Hanwha Aerospace plunged more than 6% Tuesday, after […]
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Pressure mounts on American Airlines CEO as carrier lags rivals
A snow removal machine is seen working while a Boeing 737 American Airlines passenger aircraft is parked at gate on the tarmac of LaGuardia airport in New York on January 25, 2026. Charly Triballeau | Afp | Getty Images American Airlines‘ promised turnaround is off to a rocky start this year. Pilot and flight attendant […]
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Sovereignty: The defense buzzword at the Singapore Airshow
Attendees during the Singapore Airshow in Singapore, on Wednesday, Feb. 4, 2026. The show runs through Feb. 8. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images With geopolitical uncertainty on the rise, defense buyers at the Singapore Airshow say they are prioritizing sovereignty, from local production and co‑development to owning the […]
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