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Tag: Aerospace and defense industry

How Chinese siblings struck gold in the stock market A stock market debut has delivered a billion-dollar glow-up for a former elementary school teacher and his sister in China, turning them into billionaires after shares...

Hundreds of flights into Newark, New York, Philadelphia disrupted after Verizon fiber line cut

Hundreds of flights to and from the New York area and Philadelphia were canceled, delayed or diverted Monday after a Verizon fiber cable was...

United Airlines slashes 2026 forecast as fuel costs surge

A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026.Al Drago | Getty ImagesUnited Airlines slashed its 2026 earnings...

Delta, Southwest raise checked bag fees $10 amid jet fuel price surge, joining other carriers

A Delta Air Lines Airbus A350 airplane lands at Los Angeles International Airport after arriving from Atlanta on March 7, 2026 in Los Angeles,...

United ditches more economy seats to make room for bigger premium cabins with new layouts

United Airlines aircraft at Denver International Airport, Aug. 4, 2023.Antonio Perez | Chicago Tribune | Tribune News Service | Getty ImagesLOS ANGELES — United...

Pressure mounts on American Airlines CEO as carrier lags rivals

A snow removal machine is seen working while a Boeing 737 American Airlines passenger aircraft is parked at gate on the tarmac of LaGuardia...

Avelo Airlines to end ICE deportation charters as it cuts commercial flights, jobs

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from the Los Angeles-area Hollywood Burbank Airport, April 28, 2021.Patrick T. Fallon |...

Flight disruptions from shutdown worsen as Trump threatens air traffic controllers

Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald Reagan Washington National Airport...

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

The company's 747 jet "Cosmic Girl" releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019.Greg Robinson...

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