OpenAI is first company to be No. 1 on Disruptor 50 two years in a row

OpenAI is first company to be No. 1 on Disruptor 50 two years in a row

It’s a first for the annual CNBC Disruptor 50 list: a company landing at No. 1 for the second year in a row. Perhaps no surprise, that company is OpenAI. More than any other startup in the 12-year history of the Disruptor 50 list, OpenAI’s disruptive impact and potential is unparalleled. What’s distinct about the … Read more

Emirates’ chairman has a message for Boeing: ‘Get your act together’

Emirates’ chairman has a message for Boeing: ‘Get your act together’

DUBAI, United Arab Emirates — One of Boeing’s biggest customers issued a call to action to its new management team, expressing frustration with the safety crisis facing the American planemaker and the consequent delays in order deliveries. “We’re not happy really with what’s going on, we always really wanted to see this aircraft entering the … Read more

Taser-maker Axon is acquiring air defense startup Dedrone

Taser-maker Axon is acquiring air defense startup Dedrone

Drones in possession of the Armed Forces of Ukraine on May 2, 2024 in Lviv, Ukraine. “Just open any newspaper, and switch on any TV channel. Look at what’s happening in Ukraine. Look at what’s happening in the Middle East. Drones have changed modern warfare, public safety, and homeland security forever,” Dedrone CEO Aaditya Devarakonda … Read more

Dubai’s new airport will be five times the size of its current one

Dubai’s new airport will be five times the size of its current one

Digital render of the planned entrance of Dubai’s Al Maktoum International Airport, set to be the biggest in the world upon completion. Dubai Media Office DUBAI, United Arab Emirates — Dubai’s leadership approved a 128 billion dirham ($35 billion) plan to build a new passenger terminal at the emirate’s Al Maktoum International Airport, which will … Read more

American Airlines cuts some international flights citing Boeing delays

American Airlines cuts some international flights citing Boeing delays

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.  JanValls | Nurphoto | Getty Images American Airlines on Friday said Boeing’s 787 Dreamliner delivery delays are forcing it to cut some long-haul flights in the second half of the year and into early 2025, the latest … Read more

Southwest weighs seating changes to drive up revenue

Southwest weighs seating changes to drive up revenue

A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system in order to drive up revenue, CEO Bob Jordan said told CNBC Thursday. … Read more

Southwest Airlines (LUV) earnings Q1 2024

Southwest Airlines (LUV) earnings Q1 2024

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects to grow capacity 4% this … Read more

American Airlines (AAL) earnings Q1 2024

American Airlines (AAL) earnings Q1 2024

A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024. Charly Triballeau | Afp | Getty Images American Airlines swung to a loss in the first quarter but its forecast for the current period surpassed … Read more

Boeing (BA) earnings Q1 2024

Boeing (BA) earnings Q1 2024

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s quarterly report on Wednesday will be the most complete accounting to date of the fallout from the midair loss of a door plug from a 737 Max … Read more

JetBlue shares tumble after airline lowers 2024 revenue outlook

JetBlue shares tumble after airline lowers 2024 revenue outlook

Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands.  Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 9% in premarket trading on Tuesday after … Read more