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

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

Boeing CEO Dave Calhoun heads to Senate hearing over safety

Boeing CEO Dave Calhoun heads to Senate hearing over safety

Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Tom Williams | Cq-roll Call, Inc. | Getty Images Boeing CEO Dave Calhoun will testify before … Read more

CNBC Daily Open: Boeing’s reckoning

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.12, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

CNBC Daily Open: Boeing’s ‘moment of reckoning’

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Boeing and NASA delay Starliner astronaut return to June 22

Boeing and NASA delay Starliner astronaut return to June 22

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024.  Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced Friday. This developmental nature of the mission, known as Boeing’s … Read more

Pentagon picks Blue Origin, SpaceX, ULA in $5.6 billion rocket program

Pentagon picks Blue Origin, SpaceX, ULA in .6 billion rocket program

A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos’ Blue Origin grabbing a spot for the first time. Blue Origin’s winning bid came as part of contracts awarded … Read more

Southwest CEO vows change as activist Elliott pushes for new leadership

Southwest CEO vows change as activist Elliott pushes for new leadership

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. “We will adapt as our customers’ needs adapt,” Jordan said at an … Read more

Delta premium economy service coming to NYC-LA flights

Delta premium economy service coming to NYC-LA flights

A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in … Read more

Southwest Airlines faces activist challenge from Elliott

Southwest Airlines faces activist challenge from Elliott

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023.  Mike Segar | Reuters Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. Elliott is seeking to … Read more