Transportation
Airlines are seeing ‘positive momentum,’ but there are concerns, says Jefferies’ Sheila Kahyaoglu
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sheila Kahyaoglu, Jefferies aerospace, defense and airlines equity research analyst, joins CNBC’s ‘Squawk Box’ to react to earnings from major airlines. Source
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SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]
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Earth-imaging specialist Planet details more powerful line of Pelican satellites
A graphic rendering of a Pelican satellite. Planet Earth-imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further expand and improve its space-based imagery capabilities. Planet expects to begin launching the Pelican satellites in early 2023, with the constellation consisting of up […]
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Could a potential jet fuel shortage put your summer flight at risk?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Brian Sullivan joins ‘Squawk Box’ to report on a potential jet fuel shortage that could threaten some flights this summer amid surging travel demand. Source
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American Airlines earnings beat estimates, forecasts second-quarter profit
CNBC’s Phil LeBeau joins ‘Squawk Box’ to break down American Airlines’ first-quarter earnings report. Source
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American forecasts second-quarter profit on soaring travel demand, stock surges 9%
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the […]
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Elon Musk’s tunnel-making venture Boring Company hits $5.7 billion valuation
HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in […]
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Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The […]
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United forecasts a 2022 profit as passengers return and pay more to fly
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time since before the pandemic as bookings rise and passengers appear willing to pay more to fly. United’s shares rose more than 6% in […]
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Tesla reports first-quarter earnings after the bell on Wednesday
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street is expecting, according to […]
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