Tag: Aerospace and defense industry
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Flight disruptions ease at Newark, Philadelphia airports following equipment outage
Flight delays continued Tuesday but were far fewer compared with Monday, when an FAA flight data system failed and a damaged cable severed a backup system.
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FAA halts flights to Newark, Philadelphia, New York because of equipment problem
An FAA equipment problem snarled air travel at Newark Liberty International Airport and Philadelphia International Airport Monday.
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Budget airline king Bill Franke warms to first-class seats and premium upgrades
Serial airline investor Bill Franke is embracing more upmarket changes like first-class seats.
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Boeing CEO: 737 Max production taking ‘a little bit longer’ to stabilize than expected
Boeing CEO Kelly Ortberg said wing production at its Renton, Washington, factory is a hold up, adding the company has plans to address it.
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American Airlines says 30% of seats drive half of revenue as premium cabin rush heats up
American says a minority of its seats now accounts for half of its revenue.
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Iran war has cost on average $246 million per day in its first five months, CBO finds
The Congressional Budget Office calculated the Defense Department’s Iran war cost through Aug. 1 at $38.1 billion.
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U.S. confirms for first time it has weapons deployed in space
U.S. Air Force Secretary Troy Meink said Monday that the U.S. has “on-orbit space control weapons,” as he outlined a broader push to modernize the Air Force.
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Space startups raise big money in funding blitz as Europe aims to challenge U.S. dominance
European space startups are attracting fresh funding as the region seeks to build its capabilities and narrow a its gap with the U.S.
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25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
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Amazon backs Ariane with rocket launch orders as Europe battles to close its space gap
The deal hands the continent’s space industry a commercial boost as governments push for greater sovereign capabilities.
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