Intuitive Machines stock soars 50% after NASA moon satellite contract

Intuitive Machines stock soars 50% after NASA moon satellite contract

The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines Intuitive Machines‘ stock jumped in early trading Wednesday after NASA awarded the lunar-focused company a major contract to build moon data satellites. “This contract marks an inflection point in Intuitive Machines’ leadership in space communications and navigation,” Intuitive Machines CEO Steve … Read more

Alaska-Hawaiian airline merger clears DOT review

Alaska-Hawaiian airline merger clears DOT review

Boeing 737-790 aircraft belonging to Alaska Airlines is seen flying at Anchorage Ted Stevens International Airport in Anchorage, Alaska, United States on July 2, 2024.  Hasan Akbas | Anadolu | Getty Images Alaska Airlines and Hawaiian Airlines can go through with their planned merger, but they must maintain the value of their airline reward systems … Read more

SpaceX Starlink has 2,500 airplanes under contract

SpaceX Starlink has 2,500 airplanes under contract

A Starlink terminal installed on a Hawaiian Airlines aircraft. Hawaiian Airlines PARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week’s United Airlines deal, a company director said Tuesday. “Very excited that we have about 2,500 aircraft under contract now, bringing what was effectively a startup to now what we … Read more

Boeing freezes hiring in sweeping cost cuts as it grapples with strike

Boeing freezes hiring in sweeping cost cuts as it grapples with strike

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024.  M. Scott Brauer | Bloomberg | Getty Images Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve … Read more

Strike will ‘jeopardize’ recovery, hit aircraft production

Strike will ‘jeopardize’ recovery, hit aircraft production

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Washington, US, on Thursday, Sept. 12, 2024.  M. Scott Brauer | Bloomberg | Getty Images Boeing CFO Brian West said a labor strike that began Friday will hurt … Read more

Jim Cramer’s top 10 things to watch in the stock market Friday

Jim Cramer’s top 10 things to watch in the stock market Friday

My top 10 things to watch Friday, Sept. 13 1. The S & P 500 is trying close out the second week of September trading with its fifth straight positive session. What a difference a week makes. The index has now erased almost all of last week’s bruising losses. At our September Monthly Meeting for … Read more

United Airlines to offer free Wi-Fi using SpaceX’s Starlink

United Airlines to offer free Wi-Fi using SpaceX’s Starlink

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on August 24, 2024 in San Diego, California.  Kevin Carter | Getty Images United Airlines said Friday that it plans to offer inflight Wi-Fi from SpaceX’s Starlink for free on its hundreds of jetliners, the biggest inflight … Read more

Boeing workers overwhelmingly reject contract, prepare to strike

Boeing workers overwhelmingly reject contract, prepare to strike

Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024.  M. Scott Brauer | Bloomberg | Getty Images More than 30,000 Boeing workers were set to strike Friday, halting production of most of … Read more

American Airlines flight attendants ratify new contract with immediate raises topping 20%

American Airlines flight attendants ratify new contract with immediate raises topping 20%

Julie Hedrick, president of the Association of Professional Flight Attendants (APFA), right, announces a strike authorization outside Dallas-Fort Worth International Airport (DFW) near Dallas, Texas, on Wednesday, Aug. 30, 2023. Shelby Tauber | Bloomberg | Getty Images American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations … Read more

Flights are getting more expensive as airlines scale back growth plans

Flights are getting more expensive as airlines scale back growth plans

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.  Kent Nishimura | Getty Images Airlines are reporting better unit revenues for the tail end of summer, a sign customers will continue to have to shell out more to fly in the coming months. Alaska Airlines on Thursday … Read more