Tag: Aerospace and defense industry

Virgin Galactic delays beginning of commercial spaceflights to fourth quarter 2022, stock falls 13%

Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its development and test flight schedule. The space tourism company will this month begin work refurbishing and improving its spacecraft and carrier aircraft, a process a Virgin Galactic spokesperson told […]

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Delta Air Lines posts profit thanks to stronger travel demand, but rising fuel prices will squeeze 4Q bottom line

Delta Air Lines on Wednesday reported a quarterly profit and higher-than-expected revenue for the third quarter, but warned that more expensive fuel will pressure its bottom line in late 2021 despite improving travel demand. The Atlanta-based airline said it expects revenue to continue to recover during the last three months of the year, to a […]

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Southwest Airlines shares slide after mass flight cancellations, carrier weighs more cuts

Southwest Airlines shares slipped Monday after it canceled more than 2,000 flights since Saturday, disrupting the travel plans of thousands of people. Southwest’s operation improved since the weekend meltdown but cancellations continued. It scrapped 363 flights on Monday, down from 1,124 on Sunday, which was 30% of its schedule, according to flight-tracking site FlightAware.  The […]

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Southwest Airlines cancels 1,000 more flights as disruptions mount

Southwest Airlines canceled more than 1,000 flights, 27% of its schedule, on Sunday as disruptions that the airline blamed on air traffic control issues and bad weather affected the travel plans of thousands of customers. “We experienced significant impact in the Florida airports [Friday] evening after an FAA-imposed air traffic management program was implemented due […]

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‘We will comply:’ Spirit Airlines CEO prepares staff for federal Covid vaccine mandate

A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Spirit Airlines‘ CEO Ted Christie on Friday told staff to get inoculated against Covid-19 ahead of forthcoming federal vaccine mandates for large companies. President Joe Biden last month said the government will require companies with […]

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American, JetBlue, Alaska Airlines tell employees they must get Covid vaccinations under federal rules

A Boeing 737-990 (ER) operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in Queens, New York. Bruce Bennett | Getty Images American Airlines, Alaska Airlines and JetBlue Airways told their employees that their work as government contractors means they must be vaccinated against Covid-19 as early as December 8 under […]

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Unvaccinated United Airlines’ staff faces firings as early as today as deadline for Covid shots passes

United Airlines pilot Steve Lindland receives a COVID-19 vaccine from RN Sandra Manella at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois. Scott Olson | Getty Images The deadline for United Airlines employees to get vaccinated against Covid-19 has passed, opening the door to termination as early as Tuesday […]

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Jeff Bezos doubles time with Blue Origin to focus more on his space company

Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin Jeff Bezos has called Blue Origin his life’s most important work – and the hours he is devoting to the space company are growing accordingly. Historically, Bezos had dedicated Wednesday afternoons to either updates and […]

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Delta wants other airlines to share ‘no-fly’ lists of unruly passengers

Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Airlines have banned hundreds of passengers for unruly behavior since the start of the pandemic. Delta Air Lines wants carriers to […]

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Southwest Airlines’ next CEO says carrier will cut flights next year if staffing falls short

A passenger checks in her luggage at the Southwest Airlines terminal at LAX. Mel Melcon | Los Angeles Times | Getty Images Southwest Airlines customers suffered hundreds of cancelations, delays and other disruptions this summer as the carrier struggled with snowballing problems of bad weather and a lack of staff. Its next CEO, Bob Jordan, […]

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