India’s aviation sector remains robust but external pressures pose the biggest risks for growth, according to the CEO of Vistara Airlines. Aviation demand in India is “still progressive” and headed in a positive direction, Vinod Kannan told CNBC in an exclusive interview. However, factors such as fuel costs as well as the strong U.S. dollar … Read more
Alexander Spatari | Moment | Getty Images As U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion … Read more
Passengers on a Boeing 737 Max-8 plane during a United Airlines flight departing from Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Wednesday, March 13, 2024. Bing Guan | Bloomberg | Getty Images Now playing on United Airlines‘ seatback screens: personalized ads. The carrier on Friday said it launched a media platform … Read more
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines CEO Ted Christie said Friday that the budget airline isn’t considering a chapter 11 bankruptcy filing and is “encouraged” by its plan after a failed takeover … Read more
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale. The Detroit automaker said it’s increasingly using the retail giant’s Costco Auto Program … Read more
Boeing’s Starliner capsule is seen while approaching the International Space Station on June 6, 2024 with two NASA astronauts on board. NASA TV Boeing’s Starliner capsule made a delayed docking with the International Space Station on Thursday, after NASA called off an initial approach due to a thruster problem. The spacecraft docked with the ISS … Read more
Rivian Automotive has redesigned its all-electric R1 pickup and SUV models to improve range, performance and computing power with the help of Nvidia chips, the company said Thursday. While the 2025 model-year vehicles do not outwardly look too different than the current models, Rivian said it has changed more than half the hardware components for … Read more
SpaceX is set to attempt a fourth test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth vehicle past new milestones. Elon Musk’s company has a two hour window, from 8 a.m. ET to 10 a.m. ET, in which to launch Starship from its Starbase facility near … Read more
Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Drew Angerer | Getty Images Boeing CEO Dave Calhoun will testify before a Senate panel June 18 to answer lawmaker questions about whistleblower allegations … Read more
American Airlines flight attendants demonstrate outside the White House in Washington, May 9, 2024. Drew Angerer | AFP | Getty Images American Airlines CEO Robert Isom offered flight attendants immediate 17% wage increases on Wednesday as contract talks continue without a deal, bringing closer the prospect of a strike. The airline and the Association of … Read more
