Tag: Aerospace and defense industry
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Southwest Airlines’ third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
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SpaceX sets earnings date, triggering first lock-up expiration for millions of shares
SpaceX’s stock gained on Tuesday and looked to snap a seven-day losing streak after announcing Aug. 4 as its maiden earnings report
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Boeing and Airbus prepare for next narrow-body battle – but airlines aren’t pushing for new jets yet
Boeing and Airbus are preparing their next narrow-body jets, but airlines and investors remain focused on production, deliveries and current aircraft.
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Archer stock rips 20% higher as company unveils military craft with Anduril
Archer and its eVTOL peers are racing for FAA certification to start flying their air taxis commercially.
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JetBlue wins Spirit slots at LaGuardia Airport, eyes move to Marine Air Terminal as airlines fight for space
JetBlue Airways won takeoff and landing slots for up to 12 roundtrip flights at LaGuardia Airport.
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Boeing CEO says company still needs ‘a couple more years’ to repair finances before new jet
CEO Kelly Ortberg signalled Boeing is focused more on stabilizing its existing business than rushing to develop a successor to its best-selling 737 MAX.
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Russia pounds Kyiv as NATO military chief warns Moscow would ‘lose a lot’ by attacking Baltics
Russia and Ukraine traded their heaviest strikes in months, fueling fears of escalation and further strain on oil supplies.
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American Airlines CEO lays out his vision to close a more than $3 billion profit gap
The carrier is working on improving reliability, investing in more premium seats and lounges, and considering Boeing and Airbus for a new wide-body plane order.
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FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The move is a vote of confidence in Boeing from the U.S. government.
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Sweden’s Saab posts record orders as fighter jet maker cashes in on higher defense spending
European governments ramp up defense spending and book orders with the region’s companies.
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