NASA astronauts Butch Wilmore (R) and Suni Williams, wearing Boeing spacesuits, depart the Neil A. Armstrong Operations and Checkout Building at Kennedy Space Center for Launch Complex 41 at Cape Canaveral Space Force Station in Florida to board the Boeing CST-100 Starliner spacecraft for the Crew Flight Test launch , on June 5, 2024. Miguel […]
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes, a decision that brands the U.S. aerospace giant a felon
Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes Read More »
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. On Sunday,
Air travel demand is breaking records. Airline profits are not Read More »
Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the plane maker has said will improve safety and quality control. It said
Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal Read More »
A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox before leaving the company after more than
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO Read More »
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last
How Delta made itself America’s luxury airline — and what United wants to do about it Read More »
