Aerospace and defense industry

Astra stock ASTR swings: LV0009 rocket reaches orbit

A view from onboard the upper stage of rocket LV0009 during the company's livestream on March 15, 2022.Astra / NASASpaceflightRocket builder Astra returned to flight with a successful orbital mission Tuesday, despite a momentary hiccup. The company's shares swung...

Airlines raise revenue outlook as travel demand jumps, fuel costs on the rise

American Airlines planes at LaGuardia AirportLeslie Josephs | CNBCTravel demand has bounced back faster than expected this year, airlines said Tuesday, a welcome trend for an industry battered by Covid and a sign that carriers will be able to...

Russian airlines to fly $10 billion worth of foreign-owned planes

Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport.Leonid Faerberg | Lightrocket | Getty ImagesForeign aircraft lessors seeking to recover some $10 billion worth of planes from Russia were dealt a new blow Monday when...

U.S. extends airplane mask mandate through April 18

A sign reads "Wear A Mask" at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021.Elijah Nouvelage | Bloomberg | Getty ImagesThe Transportation Security Administration is extending a federal requirement that travelers wear...

Hypersonic aircraft start-up Hermeus raises $100 million

The company test firing the Quarterhorse aircraft's engine at an unveiling event in 2021.HermeusHypersonic aircraft startup Hermeus on Thursday announced a $100 million round of funding that it says will help complete development of its first prototype aircraft and...

U.S., UK resist calls for no-fly zone over Ukraine’s pleas

U.S. Secretary of State Antony Blinken holds a joint press conference with British Foreign Secretary Elizabeth Truss in the Benjamin Franklin Room of the State Department in Washington, D.C., March 9, 2022.Jim Watson | Pool | ReutersThe United States...

Boeing airplane deliveries slipped in February, Dreamliner problem lingers

A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020.Karen Ducey | ReutersBoeing delivered 22 jetliners to customers in February, its fewest since August, as a pause in Dreamliner handovers...

Airline stocks slump as jet fuel surge overshadows travel rebound

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida.Joe Raedle | Getty ImagesAirlines trying to claw their way out of two bruising pandemic years are now...

Russia’s invasion is driving up air cargo costs

A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport.Jan Woitas | Picture Alliance | Getty ImagesThe cost of transporting goods by air has surged since Russia's invasion of Ukraine last week, just as consumers are already grappling...

Spirit Airlines plans Miami, Atlanta crew bases this year as it takes on rivals

A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines is planning to open crew bases in Atlanta and Miami this year, according...
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Supreme Court Justice Stephen Breyer will retire Thursday, to be replaced by Ketanji Brown Jackson

Supreme Court Justice Stephen Breyer will retire a week after the court overturned Roe v. Wade, which established a constitutional right to abortion.
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