An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights,” in Los Angeles on Aug. 20, 2020. Mike Blake | Reuters Lyft missed second-quarter revenue estimates on […]
Lyft misses quarterly revenue estimates on competition, weak US travel demand Read More »
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per
Uber beats on revenue, announces $20 billion stock buyback Read More »
A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9
Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, U.S., July 9, 2025. Sergio Flores | Reuters Firefly Aerospace has lifted the share price range for its upcoming initial public offering in a move that would value the space technology company at more than $6
Firefly Aerospace lifts IPO range that would value company at more than $6 billion Read More »
The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport in New York City is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The
JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside Read More »
United Airline flight attendants picketed outside Terminal B at Logan Airport, seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines flight attendants voted down a new labor contract that called for immediate raises of at least 26% and other quality-of-life improvements, their union said Tuesday. The flight attendants’ last raise
United Airlines flight attendants reject contract with immediate raises of at least 26% Read More »
The nose cone of a Boeing 787 being displayed on the tarmac during the Paris Air Show at Le Bourget Airport, outside Paris, June 25, 2023. Nicolas Economou | Nurphoto | Getty Images Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018, the clearest sign yet of improvement at
Boeing slashes losses as CEO touts ‘our turnaround year’ Read More »
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines said Monday that it will furlough 270 pilots this fall as the carrier prepares for a smaller off-season schedule to try
Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Sergio Flores | Reuters Firefly Aerospace will price shares at $35 to $39 each in its upcoming initial public offering, a deal that would value the rocket maker at about $5.5 billion.
Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion Read More »
FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the
