2023 rebound and heavy M&A

2023 rebound and heavy M&A

A long exposure photo shows the company’s fourth Alpha rocket mission launching from California’s Vandenberg Space Force Base on Dec. 22, 2023. Sean Parker / Firefly Aerospace Investment in the space sector bounced back last year, rebounding closer to the record high of 2021, according to a report Tuesday by New York-based Space Capital. “Investment … Read more

Alaska, Japan airline incidents highlight importance of safety demonstrations

Alaska, Japan airline incidents highlight importance of safety demonstrations

A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs | BBC News & Current Affairs | Getty Images You trudge down the aisle to your seat. You double- and triple-check that you’ve arrived at the right row. You heave your luggage into the overhead … Read more

Space company Momentus MNTS running out of money

Space company Momentus MNTS running out of money

An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion before going public via a special … Read more

FAA to audit Boeing production line after 737 Max 9 accident

FAA to audit Boeing production line after 737 Max 9 accident

A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon.  Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Friday said it will audit Boeing‘s production line, a week after a … Read more

Delta Air Lines (DAL) Q4 2023 earnings

Delta Air Lines (DAL) Q4 2023 earnings

Delta Air Lines closed out the year by doubling its quarterly profit as travel demand, particularly for international trips, helped drive record revenue in 2023. CEO Ed Bastian said continued strong travel demand could boost earnings this year. Still, the company’s full-year profit outlook was below a previous forecast, and the stock fell 5% in … Read more

SpaceX, T-Mobile send first texts via Starlink satellites

SpaceX, T-Mobile send first texts via Starlink satellites

SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. Michael Gonzalez | Getty Images SpaceX successfully sent text messages via Starlink satellites using T-Mobile’s network, it announced Wednesday, as Elon Musk’s company aims bring its direct-to-device cell … Read more

Boeing CEO admits 737 Max 9 ‘mistake’ after midair panel blowout

Boeing CEO admits 737 Max 9 ‘mistake’ after midair panel blowout

In this photo released by the National Transportation Safety Board, NTSB Investigator-in-Charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 on Sunday, Jan. 7, 2024, in Portland, Ore. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said the company acknowledges “our mistake,” after a door plug on … Read more

NASA delays crewed Artemis moon missions

NASA delays crewed Artemis moon missions

The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship … Read more

Boeing to revise 737 Max 9 inspection instructions

Boeing to revise 737 Max 9 inspection instructions

An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Los Angeles International Airport (LAX) in Los Angeles, California, US, on Monday, Jan. 8, 2024.  Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska … Read more

American Airlines frequent flyer changes for 2024

American Airlines frequent flyer changes for 2024

An American Airlines Airbus 321 sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on July 23, 2023. Daniel Slim | AFP | Getty Images First things first: American Airlines isn’t changing the requirements to earn elite status at the airline in the coming earning year. Those thresholds are typically … Read more