Transportation
Elon Musk says SpaceX will have Starship ‘ready to fly’ in July, amid FAA work
Starship prototypes are pictured at the SpaceX South Texas launch site in Brownsville, Texas, U.S., May 22, 2022. Picture taken May 22, 2022. Veronica Cardenas | Reuters SpaceX is closing in on the next major milestone in its Starship rocket development, as the company works to complete environmental impact requirements outlined this week by the […]
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Boeing delivers 35 planes in May as it grapples with supply chain problems
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing said Tuesday it delivered 35 planes in May, on par with the previous month as it grappled with supply chain issues affecting its bestselling 737 Max jetliner. The manufacturer booked gross […]
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U.S. airline bookings slipped again in May with fares 30% higher than 2019
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airline bookings slipped 2.3% in May from a month earlier, the second consecutive monthly drop this year, while fares soared over 2019 levels, according to an Adobe report published […]
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Spirit Airlines says it will decide on competing JetBlue, Frontier bids before the end of June
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines said Tuesday that its board will decide on competing offers from JetBlue Airways and Frontier Airlines before a shareholder meeting at the end of the month as […]
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GM’s stock closes below IPO price for first time since October 2020
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT – Shares of General Motors on Monday closed below the post-bankrupt automaker’s $33 initial public offering price for the first […]
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Astra’s stock drops 24% after rocket failed to deliver NASA mission to orbit
The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Shares of rocket-builder Astra fell sharply in trading on Monday after a weekend launch carrying NASA satellites failed to reach orbit. Astra’s rocket LV0010 took off on Sunday from launch complex 46 at Cape Canaveral in […]
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American Airlines regional carriers hike pilot pay more than 50% as shortage persists
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images Two American Airlines-owned regional carriers will hike pilot pay by 50% through the end of August 2024, the latest sign airlines are willing […]
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Latest Shanghai quarantines add more pressure to global supply chain
Staff members of China Post unload parcels of daily necessities for residents quarantined at home from a minivan on May 14, 2022 in Shanghai, China. Tian Yuhao | China News Service | Getty Images The mass quarantine measures imposed this past weekend in Shanghai, including highway closures, severely affected trucks carrying exports bound for the […]
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FAA requires SpaceX to make environmental adjustments to move forward with its Starship program in Texas
A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX The Federal Aviation Administration on Monday concluded a long-awaited assessment of SpaceX’s Starship rocket program in Texas, requiring Elon Musk’s company to make environmental adjustments in order to move forward with its plans. FAA released two key documents […]
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CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit […]
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