Transportation
FAA, airlines will meet to discuss flight disruptions in Florida as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to discuss ways to improve the […]
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JetBlue shares fall after airline drastically cuts 2022 growth plans
Technicians inspect a JetBlue Embraer 190 aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 7, 2021. Chris Helgren | Reuters JetBlue Airways shares tumbled more than 9% on Tuesday after the airline slashed its growth plans to avoid a repeat of headaches for travelers and crews during peak season. The New York-based […]
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United Airlines ramps up flights for European travel comeback
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters United Airlines says demand for trans-Atlantic travel is heating up, despite higher fuel prices and the Ukraine war. The airline plans to fly 25% more across the […]
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Wall Street is worried inflation and supply issues may dent GM and Ford earnings more than previously expected
The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — There’s growing concern among Wall Street analysts that higher costs and supply chain disruptions will put pressure on 2022 earnings for General Motors and Ford Motor — even more than initially expected. Ahead of […]
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Delta, facing a union drive, says it will start paying flight attendants during boarding
Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta Air Lines said it will start paying flight attendants during boarding, a first for a major U.S. airline and an initiative that comes during a unionization drive for […]
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SpaceX returns private Ax-1 astronaut crew to Earth after extended space station stay
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carrying the private crew of Axiom Space’s Ax-1 mission back from the International Space Station. Crew Dragon capsule Endeavour splashed down off the […]
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Ford beefs up F-150 Lightning production in a forceful bid to dominate the electric pickup market
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected to be a hotly […]
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Satellite imagery specialist Capella raises nearly $100 million to expand its network
The deployed reflector of the Capella-3 satellite in orbit. Capella Space San Francisco-based satellite imagery specialist Capella Space on Monday announced the close of nearly $100 million in financing, as the company looks to expand its line of analytics and data products. Capella raised $97 million through a mix of equity and debt in a round […]
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GM says it will produce electric Chevrolet Corvettes
2020 Chevrolet Corvette GM DETROIT – General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said Monday. Reuss said the automaker will continue to produce traditional models with internal combustion engines alongside the electrified models. He declined to disclose when […]
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SpaceX’s Starlink to provide Wi-Fi on Hawaiian Airlines flights with free service for passengers
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airline told CNBC it plans to offer to passengers for free. The deal marks the first for Elon Musk’s space company with a major airline. […]
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