Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Boeing agrees to buy fuselage maker Spirit AeroSystems in .7 billion deal

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises. … Read more

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters U.S. prosecutors plan to seek a … Read more

Boeing delays Starliner return, NASA says astronauts aren’t stranded

Boeing delays Starliner return, NASA says astronauts aren’t stranded

Boeing’s Starliner spacecraft is pictured docked to the International Space Station orbiting above Egypt’s Mediterranean coast on June 13, 2024. NASA NASA and Boeing are further extending the first Starliner crewed flight but are not yet setting a new target date for returning the capsule to Earth, the organizations announced on Friday. Boeing’s Starliner capsule … Read more

SpaceX wins NASA contract for ISS reentry destruction

SpaceX wins NASA contract for ISS reentry destruction

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters NASA will have a spacecraft from Elon Musk’s SpaceX guide the International Space Station’s destruction later this decade, the agency announced Wednesday. The National Aeronautics and Space Administration awarded an $843 … Read more

Southwest Airlines cuts revenue forecast

Southwest Airlines cuts revenue forecast

A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii. Kevin Carter | Getty Images Southwest Airlines shares fell roughly 4% in early trading Wednesday after the carrier cut its second-quarter revenue forecast, citing changing booking patterns. Southwest expects revenue per available seat … Read more

Delta, United compete to be America’s luxury airline

Delta, United compete to be America’s luxury airline

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last … Read more

Delta One JFK lounge opens. Here’s what’s inside

Delta One JFK lounge opens. Here’s what’s inside

The bar at the Delta One lounge at New York’s John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines’ most exclusive airport lounge opens this week to travelers flying on the right ticket. The Delta One lounge at the carrier’s hub in John F. Kennedy International Airport will open Wednesday to customers … Read more

Alaska Airlines, flight attendants reach ‘record’ tentative labor deal

Alaska Airlines, flight attendants reach ‘record’ tentative labor deal

An Alaska Airlines Boeing 737-9 MAX sits at gate at O’Hare International Airport in Chicago, Illinois on May 22, 2024. Daniel Slim | AFP | Getty Images Alaska Airlines‘ flight attendants union said Friday that it reached a “record” tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that … Read more

SpaceX unveils ‘Starlink Mini’ satellite internet antenna for $599

SpaceX unveils ‘Starlink Mini’ satellite internet antenna for 9

Starlink Mini promotional image. SpaceX customer email sent June 19, 2024. SpaceX is rolling out a compact version of its Starlink antennas called “Mini,” which the company is advertising as a mobile option for its satellite internet customers. “Starlink Mini is a compact, portable kit that can easily fit in a backpack, designed to provide … Read more

Watch live Boeing CEO Dave Calhoun Senate testimony

Watch live Boeing CEO Dave Calhoun Senate testimony

[The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing’s bestselling 737 Max plane has been … Read more