Passengers at the Miami International Airport Leslie Josephs | CNBC U.S. travel hit a new pandemic high, surging from holiday demand despite new Covid-19 infection levels. More than 1.3 million people passed through Transportation Security Administration checkpoints at U.S. airports on Sunday, 55% of the 2.4 million people TSA screened …
Read More »U.S. airline 2020 losses expected to top $35 billion in dismal year
Decommissioned and suspended commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Christian Petersen | Getty Images News | Getty Images The Covid-19 pandemic has been brutal for U.S. airlines and significant relief isn’t expected until the second half of 2021. U.S. carriers’ 2020 …
Read More »American Airlines sees capacity cuts through February as Covid cases rise
American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, December 29, 2020. Marco Bello | Reuters American Airlines expects the impact of the coronavirus pandemic to continue to weigh on demand and schedules into …
Read More »Boeing 737 Max set to return to U.S. skies after crashes
An American Airlines Boeing 737 MAX airplane takes off on a test flight from Dallas-Fort Worth International Airport in Dallas, Texas, on December 2, 2020. Cooper Neill | AFP | Getty Images MIAMI — American Airlines on Tuesday is set to operate the first U.S. commercial flight of Boeing’s 737 …
Read More »Air Canada Boeing 737 Max ferry flight diverts after engine issue
An Air Canada Boeing 737 MAX 8 aircraft is being towed in as another Air Canada Boeing 737 MAX 8 aircraft is seen on the ground at Toronto Pearson International Airport in Toronto, Ontario, Canada, March 13, 2019. Chris Helgren | Reuters A Montreal-bound Air Canada Boeing 737 Max ferry …
Read More »Covid aid package gives airlines $15B if they recall furloughed workers
Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on September 9, 2020. Kamil Krzaczynski | AFP | Getty Images U.S. airlines have begun the complicated process of calling back 32,000 workers they furloughed this fall, a condition struggling carriers need to comply with to …
Read More »Voyager Space Holdings takes majority stake in Nanoracks’ XO Markets
Nanoracks’s Bishop airlock installed on the International Space Station. NASA Voyager Space Holdings’ fourth acquisition in a little over a year since it was established is a majority stake in the parent company of Nanoracks, a space services and hardware specialist that has sent more than 1,000 missions to the …
Read More »Alaska Airlines makes big bet with upsized Boeing 737 Max order
Alaska Airlines has agreed to buy nearly two dozen additional Boeing 737 Max planes, the first order from a U.S. carrier since regulators cleared the planes to fly again last month after two deadly crashes. Alaska said Tuesday it will buy 68 of the 737 Max 9 planes, up from …
Read More »GM’s defense unit sees $25 billion market in potential military contracts for automaker
The GM Defense Infantry Squad Vehicle was uniquely engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture. GM Defense DETROIT – General Motors is targeting significant growth for its resurrected military defense unit, which quietly re-launched three years ago and …
Read More »Lockheed Martin’s Aerojet Rocketdyne deal helps compete with SpaceX
The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to …
Read More »British Airways agrees to require negative coronavirus tests before New York flights, Cuomo says
British Airways Boeing 747-400 with nickname Queen of the Skies commercial aircraft as seen on final approach with landing gear down landing at New York JFK John F. Kennedy International Airport in USA on 23 January 2020. Nicolas Economou | NurPhoto | Getty Images British Airways will require travelers to …
Read More »Airline stocks slide as U.K. cases prompt travel restrictions
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters Airline stocks slipped Monday as a highly contagious mutation of Covid-19 found in the U.K. and South Africa prompted travel restrictions by …
Read More »Palo Alto Networks CEO on the suspected Russian cyberattack
Palo Alto Networks CEO Nikesh Arora told CNBC on Friday that every business and federal agency needs to take stock of their network security in the wake of the suspected Russian massive cyberattack. The security executive’s comments follow the revelation that federal agencies, reportedly including the one overseeing the nation’s nuclear …
Read More »AST & Science going public through SPAC at $1.8 billion valuation
AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Special purpose acquisition company New Providence will take next-generation satellite broadband specialist AST & Science public through a SPAC deal that gives the space company an equity value of $1.8 billion, the firm announced Wednesday. AST will …
Read More »Astra Rocket 3.2 reaches space after launch from Alaska
Astra launches Rocket 3.1 from Kodiak, Alaska on Sept. 12, 2020. John Kraus | Astra San Francisco-area startup Astra became the latest U.S. rocket builder to reach space on Tuesday, with the successful launch of its Rocket 3.2 vehicle from Kodiak, Alaska. The rocket came just shy of reaching orbit, with …
Read More »United Airlines starts flying Pfizer vaccine on U.S. passenger flights
United is the first commercial airline to fly the first FDA-authorized COVID-19 vaccines to the U.S. thanks to a coordinated effort between cargo, safety, technical operations, flight operations and several other teams at United. On behalf of Pfizer, United operated five cargo-only flights in early December delivering COVID-19 vaccines from …
Read More »American Airlines flies its first coronavirus vaccines to Miami as industry hopes for a recovery
American Airlines Boing 777-300 wide-body aircraft as seen on final approach over the houses of Myrtle Ave, for landing at London Heathrow LHR EGLL International airport in England, UK. The B777 airplane has the registration N718AN and is powered by 2x GE jet engines. American Airlines AA AAL is the …
Read More »Virgin Galactic SPCE stock drops after aborted spaceflight test
SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020. Virgin Galactic Virgin Galactic’s stock fell in premarket trading on Monday after the space tourism company cut short its latest spaceflight test mid-launch on Saturday due to an engine ignition issue. “The flight did not reach …
Read More »How and when will I get it?
The first Covid vaccine has just been cleared for emergency use in the U.S. Late Friday, the Food and Drug Administration authorized the Pfizer-BioNTech coronavirus inoculation for distribution across the country. Within hours, FedEx and United Parcel Service will begin shipping 2.9 million doses of the vaccine from Pfizer plants …
Read More »Virgin Galactic aborts spaceflight attempt in New Mexico
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic confirmed its latest spaceflight test was cut short after its SpaceShipTwo vehicle “Unity” attempted to launch above New Mexico on Saturday. While no passengers were on board, Unity was piloted by CJ Sturckow …
Read More »GPS tracking, priority landing for coronavirus vaccines, FedEx, UPS say
Wesley Wheeler, President of Global Healthcare at United Parcel Service (UPS), holds up a sample of the vial that will be used to transport the Pfizer COVID-19 vaccine as he testifies during a Senate Commerce, Science, and Transportation Subcommittee hearing on the logistics of transporting a COVID-19 vaccine on December …
Read More »Morgan Stanley’s third Space Summit event: Investing takeaways
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as …
Read More »United Airlines turns to CO2 removal technology to offset emissions
United Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands, the Dutch capital. Economou | NurPhoto | Getty Images United Airlines is turning to technology that aims to capture carbon dioxide from the air and store it …
Read More »SpaceX Starship rocket SN8 explodes after high-altitude test flight
SpaceX launched its latest prototype rocket on a flight to about 40,000 feet altitude on Wednesday, a test which appeared successful until the very last moment. Starship prototype Serial Number 8, or SN8, launched smoothly into the sky above SpaceX’s facility in Boca Chica, Texas. The rocket appeared to complete …
Read More »Watch SpaceX launch Starship prototype rocket SN8’s high-altitude test
[This livestream has ended. A replay is available in the player above. Click here to read about the results of the test flight.] SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Wednesday, in a high-altitude flight that represents the company’s most ambitious test to …
Read More »Delta CEO asks employees to take more unpaid leave in 2021 as industry continues to struggle
Delta Airline employees check in luggage at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. During the COVID-19 pandemic, all employees and passengers are required to wear facemasks while onboard a Delta plane. Michael A. McCoy | Getty Images Delta Air Lines CEO on Wednesday asked …
Read More »Uber sells its flying taxi business to Joby Aviation
Joby air taxi eVTOL demonstrator. After more than six years of secret development, Joby Aviation lifts the lid on its innovative eVTOL air taxi program. Source: Joby Aviation The air taxi business is at least a couple of years from taking off, but it’s already seeing consolidation among start-ups. California-based …
Read More »SpaceX delays Starship prototype rocket launch attempt after engine abort
SpaceX came within two seconds of launching Starship prototype rocket until an engine issue stopped the company short of liftoff on Tuesday. “Raptor abort,” was the call from SpaceX mission control at the 1.3 second mark in the countdown. The company said it would stand down “for the day,” likely …
Read More »JetBlue puts raises, paid parental leave on hold to cut costs in 2021
A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways on Tuesday laid out a host of cost reductions for next year as the worsening coronavirus pandemic promises another difficult year for airlines. Top executives’ reduced salaries …
Read More »Boeing reports more 737 Max cancellations in November
Boeing 737 Max airplanes sit parked at the company’s production facility on November 18, 2020 in Renton, Washington. David Ryder | Getty Images Boeing on Tuesday said it logged more cancellations than orders for its 737 Max plane last month, just as carriers are preparing to return the jets to …
Read More »American Airlines offers $129 at-home Covid tests for U.S. travel
A person walks at Reagan National Airport ahead of the Thanksgiving holiday in Arlington, November 25, 2020. Hannah McKay | Reuters American Airlines will start offering travelers $129 at-home Covid-19 tests, results that can help them avoid quarantines as long as two weeks. The initiative, which starts Wednesday for travel …
Read More »SpaceX Starlink wins nearly $900 million in FCC subsidies auction
SpaceX deploys 60 Starlink satellites in orbit. SpaceX The Federal Communications Commission awarded Elon Musk’s SpaceX with nearly $900 million worth of federal subsidies to support rural broadband customers through the company’s Starlink satellite internet network, the agency announced on Monday. SpaceX won $885.5 million in the FCC’s $9.2 billion …
Read More »Boeing trims 787 production target, citing pandemic, slower deliveries
Workers assemble a Boeing Co. 787 Dreamliner airplane at the Boeing Everett Factory in Everett, Washington. Patrick T. Fallon | Bloomberg | Getty Images Boeing has further trimmed its production target for 787 Dreamliner output to five a month in mid-2021 from six as international travel demand suffers in the …
Read More »Delta warns of slowing bookings, higher cash burn as Covid spikes
Delta Air Lines Airbus A330 aircraft as seen on final approach in Amsterdam Schiphol International Airport in the Netherlands. NurPhoto | NurPhoto | Getty Images Delta Air Lines said Thursday that a spike in coronavirus infections is hurting demand for air travel, becoming the latest airline to warn about softening …
Read More »NASA will pay a company $1 to collect moon rocks
A photo of the moon taken by SpaceIL’s Beresheet spacecraft in orbit. SpaceIL NASA will pay an amazingly low price – a dollar – to have a company make a single small collection of moon dirt on the agency’s behalf. Colorado-based start-up Lunar Outpost bid $1 and won a NASA …
Read More »Southwest Airlines says it could furlough more than 6,800 employees to cut costs
Travelers wearing protective masks cross a street outside a Southwest Airlines Co. check-in area at Oakland International Airport in Oakland, California, U.S., on Monday, Oct. 19, 2020. David Paul Morris | Bloomberg | Getty Images Southwest Airlines on Thursday said it could furlough more than 6,800 employees because of a …
Read More »Jeff Bezos’ Blue Origin COO leaving to pursue other opportunities
The facade of Blue Origin’s new rocket engine factory in Huntsville, Alabama. CNBC | Michael Sheetz The chief operating officer of Jeff Bezos’ private space company Blue Origin is leaving, the company confirmed to CNBC on Wednesday. Blue Origin CEO Bob Smith wrote in an e-mail to the company that …
Read More »American Airlines starts Boeing 737 Max flights to boost confidence in jets
American Airlines is flying its employees, including top executives and reporters on its Boeing 737 Max planes this week in hopes of boosting confidence in the jetliners that were grounded for 20 months following two crashes that killed 346 people. On Wednesday, the airline plans to demonstrate how it’s pulling …
Read More »American, United pause nonstop flights to Shanghai amid concerns over restrictions facing overseas crews
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines and United Airlines are pausing plans to operate nonstop flights to Shanghai from the U.S. following reports of lengthy …
Read More »Senate coronavirus aid proposal calls for $17 billion for airlines
United Airlines and Delta Airlines jets Sam Hodgson | Bloomberg | Getty Images The Senate has set aside $17 billion for airlines in a more than $900 billion bipartisan proposal providing additional coronavirus aid that was released Tuesday, according to people familiar with the matter. Airlines received $25 billion under …
Read More »‘Highly confident’ SpaceX will land humans on Mars by 2026
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Musk gave space fans an update Saturday evening on the status of “Starship,” the next-generation vehicle his …
Read More »First ‘mass air shipment’ of Pfizer’s Covid vaccine arrives as airlines prepare for more
The Federal Aviation Administration said it supported the “first mass air shipment” of Covid-19 vaccines on Friday, as pharmaceutical companies and airlines prepare networks for broad distribution. United Airlines carried Pfizer‘s Covid-19 vaccine from Brussels to Chicago O’Hare International Airport, according to people familiar with the matter. Ahead of the …
Read More »SpaceX’s Starship test flight may be as early as Wednesday
BOCA CHICA, TX – SEPTEMBER 28: Space enthusiasts look at a prototype of SpaceX’s Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX may attempt the next test flight of its …
Read More »Thanksgiving air travel rises to pandemic high — but still less than half of last year’s levels
People wait for their baggage in the terminal at Boston Logan International Airport in Boston on Nov. 25, 2020. Erin Clark | Boston Globe | Getty Images U.S. air travel rose to the highest levels since the start of the coronavirus pandemic, according to data released Monday, an increase that …
Read More »Pilot shortage prompts rare flight cancellations at Delta over Thanksgiving break
Passengers check bags for a Delta Air Lines, Inc. flight during the Covid-19 pandemic at Los Angeles International Airport (LAX) in Los Angeles, California, November 18, 2020. Patrick Fallon | AFP | Getty Images Delta Air Lines has canceled hundreds of flights over the Thanksgiving break as it grapples with …
Read More »Delta pilots approve cost-cutting measures to avoid furloughs until 2022
A pilot talks on a mobile device near a Delta Air Lines gate at the Salt Lake City International Airport. George Frey | Bloomberg | Getty Images Delta Air Lines pilots voted in favor of pay cuts that would avoid furloughs until 2022 as the industry reels from the coronavirus …
Read More »SpaceX plans for Starship test flight next week, which Elon Musk gives 1-in-3 odds of landing intact
SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test …
Read More »Relativity Space closes $500 million for scaling 3D-printed rocket production
Relativity Space wants to use enormous 3D-printers to revolutionize the way rockets are built – and CEO Tim Ellis told CNBC that the company now has a “war chest” of capital to do so. “We’re excited to announce a $500 million Series D funding round at a valuation above $2 …
Read More »Rocket Lab recovers Electron booster in major step toward reusing rockets
An Electron rocket gets ready to launch. Rocket Lab Rocket Lab, the leading company building and launching small rockets, on Thursday took what CEO Peter Beck described as a “huge milestone” in its work to reuse rockets. The company recovered the booster of its Electron rocket after it splashed down …
Read More »Airline bookings drop ahead of Thanksgiving as coronavirus infections spike
During the global coronavirus pandemic Ana Ramos, right, is being tested for covid19 in Tom Bradley international at LAX on Tuesday, Nov. 17, 2020 in Los Angeles, CA. Francine Orr | Los Angeles Times | Getty Images Airline executives warned Thursday that bookings are starting to drop as new coronavirus …
Read More »More than 400 Southwest mechanics get furlough notices as talks falter
A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images More than 400 Southwest Airlines mechanics and technicians, about 15% of the work group, have received …
Read More »SpaceX asks to test Starlink satellite internet with a Gulfstream jet
A Gulfstream G650 in flight Gulfstream SpaceX would like to further expand testing of its Starlink satellite internet by connecting the network to aircraft, the company revealed in a recent request to the Federal Communications Commission. Elon Musk’s space company on Nov. 6 asked the FCC if SpaceX could add Starlink user …
Read More »FAA chief says conditions in 737 Max crashes are now ‘impossible’ after design, training changes
The head of the Federal Aviation Administration on Wednesday said he is “100% confident” in the Boeing 737 Max following a nearly two-year grounding of the planes after two fatal crashes. “It’s the most scrutinized transport airplane in history and it’s ready to go,” FAA Administrator Steve Dickson said less …
Read More »Boeing 737 Max cleared to fly again after 20-month grounding spurred by deadly crashes
Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019. Lindsey Wasson | Reuters The Federal Aviation Administration on Wednesday cleared the Boeing’s 737 Max to fly again commercially, a turning point in a protracted crisis for the aircraft …
Read More »American Airlines and British Airways are latest to offer preflight Covid tests to passengers
Travelers wear face masks as a preventive measure at Schiphol airport. Robin Utrecht | LightRocket | Getty Images American Airlines, British Airways and Oneworld, their alliance partner, later this month will offer Covid-19 testing for some passengers, the latest effort to spur international travel as the pandemic keeps most travelers …
Read More »Boeing’s 737 Max is set to return to the skies as industry reels from pandemic
A Boeing 737 MAX jet lands following a Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Jason Redmond | AFP | Getty Images The Boeing 737 Max is nearing clearance to fly again after a 20-month ban prompted by two fatal crashes …
Read More »Israeli Eytan Stibbe second member of SpaceX private flight for Axiom
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA CAPE CANAVERAL, Florida — Former Israeli fighter pilot Eytan Stibbe is the second member of the all-private crew that SpaceX is scheduled to launch late next year for Axiom Space, the company confirmed to …
Read More »Elon Musk’s SpaceX launches Crew-1 mission to begin new era for NASA
A SpaceX Falcon 9 rocket, with the Crew Dragon capsule, is launched carrying four astronauts on the first operational NASA commercial crew mission at Kennedy Space Center in Cape Canaveral, Florida, U.S. November 15, 2020. Thom Baur | Reuters CAPE CANAVERAL, Florida — SpaceX’s Falcon 9 rocket crackled through the …
Read More »Here’s what you should know
The Crew Dragon Resilience spacecraft in the hangar ahead of the Crew-1 mission SpaceX CAPE CANAVERAL, Florida — SpaceX is set to make history once again this year, as Elon Musk’s space company prepares to launch the Crew-1 mission for NASA on Sunday evening. NASA and SpaceX completed the required …
Read More »American slashes London flights in December due to weak demand
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines plans to cut much of its service to London next month from major U.S. airports due to weak demand in the pandemic, the carrier said Sunday. The move comes as coronavirus cases have climbed in …
Read More »JetBlue to stop blocking seats on board in January
JetBlue planes at a gate at John F. Kennedy International Airport in New York. Mark Kauzlarich | Bloomberg | Getty Images Get ready to fight over the armrest again. JetBlue Airways on Thursday said it will sell all seats on its flights starting Jan. 8. It is the latest carrier …
Read More »U.S. airline employment to reach lowest levels in decades after pandemic cuts 90,000 jobs
A United Airlines plane takes off above American Airlines planes on the tarmac at Los Angeles International Airport (LAX) on October 1, 2020 in Los Angeles, California. Mario Tama | Getty Images U.S. airlines employment will fall to the lowest since the mid-1980s by the end of 2020, the result …
Read More »Leaders need education on bias to stamp out inequality: Boeing exec
The chances for more diverse executive leadership start early, Ted Colbert, CEO of Boeing Global Services, said in an interview at the CNBC Evolve Summit on Tuesday. As the aerospace manufacturer evaluates and tries to improve its own diversity, it keeps track of how its workers are progressing, to manager …
Read More »NASA certifies Elon Musk’s SpaceX to carry astronauts in Crew Dragon
SpaceX spacecraft Crew Dragon “Resilience” on the launchpad ahead of the Crew-1 launch for NASA. SpaceX The National Aeronautics and Space Administration on Tuesday announced it certified SpaceX’s Crew Dragon capsule and Falcon 9 rocket to carry astronauts to-and-from orbit, the first U.S. spacecraft certification by the agency since the …
Read More »United’s return to JFK airport set for February, due to pandemic travel lull
United Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands, the Dutch capital. Economou | NurPhoto | Getty Images United Airlines has set a date for its return to New York’s John F. Kennedy International Airport: Feb. …
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