Aerospace and defense industry

From vegan meatballs to ice cream sundaes, airlines are revamping in-flight menus

From vegan meatballs to ice cream sundaes, airlines are revamping in-flight menus

Courtesy: Singapore Airlines The aromas of airplane food are once again wafting through cabins at 35,000 feet. From vegan meatballs to ice cream sundaes, airlines are offering new options and old favorites to woo returning travelers. As the peak travel season fades and inflation weighs on household and company budgets, it’s even more important than …

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Airline unions urge carriers not to resume buybacks when bailout ban ends this fall

Airline unions urge carriers not to resume buybacks when bailout ban ends this fall

A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images The largest U.S. airlines are making money again. Labor unions don’t want them to spend it on stock buybacks. A condition of the $54 billion in federal aid …

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Space factory startup Varda secures NASA partnerships ahead of demo flight next year

Space factory startup Varda secures NASA partnerships ahead of demo flight next year

Varda co-founders Varda Space Industries Early stage Varda Space Industries has signed a pair of agreements with NASA, the company announced Friday, securing access to key technologies the company will need for the first demonstration of its space factory system. Varda’s goal is to develop a new method for manufacturing materials in space, an opportunity …

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From legroom to airfare: How JetBlue's takeover of Spirit could change air travel

From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to win enough shareholder support. The …

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Space company Masten files for bankruptcy after struggle with NASA moon contract

Space company Masten files for bankruptcy after struggle with NASA moon contract

Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company declared as its debts ballooned, tracing back to a NASA contract awarded to Masten two years ago. Once seen as a major win for the …

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JetBlue won the battle for Spirit. Now it has to win over Biden's Justice Department

JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department

JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal. Now it needs to win over antitrust regulators. The New York-based airline snatched Spirit away Frontier Airlines with an all-cash offer that torpedoed the cash-and-stock deal the two discount airlines had forged earlier this year. Hours after Spirit and Frontier said they terminated …

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Airlines temper flying ambitions after chaotic — but profitable — travel rebound

Airlines were too ambitious chasing the travel rebound. Now they’re scaling back

An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines …

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Airfares are finally starting to cool as peak summer travel season fades. Now what?

Airfares are finally starting to cool as peak summer travel season fades. Now what?

Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation …

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Emirates Airline slams Heathrow Airport's 'unacceptable' demand to cut flights, refuses to comply

Emirates Airline slams Heathrow Airport’s ‘unacceptable’ demand to cut flights, refuses to comply

The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images DUBAI, United Arab Emirates — Emirates Airline has harsh words for London’s Heathrow Airport, the U.K.’s largest aviation hub currently beset by travel …

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Delta posts profit despite jump in costs, vows to improve reliability after airline 'pushed too hard'

Delta posts profit despite jump in costs, vows to improve reliability after airline ‘pushed too hard’

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines on Wednesday reported a quarterly profit thanks to travelers willing to pay up to fly, more than making up for higher costs. The carrier also vowed to improve reliability after an increase in delays and cancellations prompted it to …

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