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Delta CEO says Trump administration’s approach to regulation could be ‘breath of fresh air’

Delta CEO says Trump administration’s approach to regulation could be ‘breath of fresh air’

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Jeenah Moon | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian said the Trump administration’s approach to regulation could be a “breath of fresh air.” Speaking to reporters ahead of Delta’s

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Delta forecasts more sales growth in 2025 thanks to high-end demand, ‘resilient economy’

Delta forecasts more sales growth in 2025 thanks to high-end demand, ‘resilient economy’

A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines on Wednesday said sales would grow in 2025, citing a “resilient economy” for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years. Delta forecast revenue growth in

Delta forecasts more sales growth in 2025 thanks to high-end demand, ‘resilient economy’ Read More »

SpaceX completes sixth Starship flight, splashes down both booster and spacecraft

SpaceX completes sixth Starship flight, splashes down both booster and spacecraft

SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. The rocket took off from SpaceX’s private “Starbase” facility near Brownsville, Texas. There were not any people on board the Starship flight. Starship reached space and traveled halfway around the

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What travelers need to know about Spirit Airlines’ bankruptcy

What travelers need to know about Spirit Airlines’ bankruptcy

A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. The budget

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Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines, an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The carrier early Monday announced a prearranged deal with its bondholders including $300 million

Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses Read More »

Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal

Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal

A view of Rocket Lab’s HASTE suborbital launch vehicle. Rocket Lab Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a

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Rivian-Volkswagen joint venture up deal to .8 billion, VW cars expected as early as 2027

Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027

A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint venture plans on June 25, 2024. Courtesy: Business Wire Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The companies in

Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027 Read More »

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire Read More »

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