United Airlines (UAL) 1Q 2024 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the manufacturer’s safety crisis. United expects to receive … Read more

Boeing defends 787 Dreamliner safety after whistleblower claims

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Monday defended the quality and safety testing on its 787 Dreamliner and 777 aircraft, days after one of … Read more

How Bombardier is cashing in on elites’ desire for private jet travel

A seat and a bed onbaord a Bombardier Global 6500 business jet on display during the Singapore Airshow in Singapore, on Wednesday, Feb. 21, 2024. Bloomberg | Bloomberg | Getty Images Planes, trains and snowmobiles comprised the transportation portfolio that Bombardier was riding as the 21st century unfolded. But the Montreal-based company also was carrying … Read more

Denver-Boulder area benefits from burgeoning aerospace industry

These giant white structures called radomes at Buckley Space Force Base in Colorado house massive satellite dishes. CNBC This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. In the shadow of the Rocky … Read more

Boeing airplane deliveries drop during Q1 amid safety crisis

Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington.  Stephen Brashear | Getty Images Boeing airplane deliveries dropped in the first quarter to the lowest number since mid-2021 as the company faces increased scrutiny after a door plug blew out from one of its 737 Max 9 planes midair … Read more

Spirit Airlines will defer Airbus orders, furlough 260 pilots

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity. “This amendment to our … Read more

CNBC Daily Open: What rate cut?

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

Boeing engine part fell off during Southwest flight takeoff: FAA

A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii.  Kevin Carter | Getty Images A Southwest Airlines flight returned to Denver International Airport Sunday morning after a Boeing engine cowling fell off the plane and struck a wing flap during takeoff, the Federal … Read more

Why the Boeing 737 Max has been so problematic

Just over five years ago, 346 people were killed in two plane crashes that happened five months apart in Indonesia and Ethiopia. Both were Boeing 737 Max 8 planes. Then in January 2024, a near catastrophe occurred when a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet, shortly after it took off from … Read more

Boeing CEO Calhoun took home $5 million last year ahead of 737 Max crisis

Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and … Read more