Aston Martin car sales surge
Aston Martin (AML.L) said sales to dealers in 2021 surged 82%, even as the British luxury automaker forecast lower-than-expected annual… Read More »
Tech alliances firm up in the self-driving car wars at CES
Major automakers like General Motors Co (GM.N), Ford Motor Co (F.N) and Volvo Cars (VOLCARb.ST) deepened ties with key technology… Read More »
Airbus faces $339 million class action suit in the Netherlands
Lawyers who say they are representing “a hundred” institutional investors have filed a class action lawsuit against Airbus in a… Read More »
Lockheed Martin, Amazon and Cisco team up to integrate human-machine interface tech in Orion spacecraft
Lockheed Martin (NYSE: LMT), Amazon (NASDAQ: AMZN) and Cisco (NASDAQ: CSCO) have teamed up to integrate unique human-machine interface technologies… Read More »
GE stock recent selloff gives Credit Suisse analyst reason to recommend buying
Analyst John Walsh sees potential for more than 20% upside for the ‘cyclical aerospace recovery stock’. Shares of General Electric… Read More »
Singapore Airlines backs new Airbus A350 freighter
Singapore Airlines (SIA) (SIAL.SI) has thrown its weight behind efforts by Airbus (AIR.PA) to penetrate the booming air cargo market,… Read More »
Four charts show what the travel industry looks like 2 years into the pandemic
After a year of heavy losses, the travel industry is finally showing some signs of bouncing back — even as… Read More »
United Airlines expects year-end travel to top Thanksgiving despite omicron variant
United Airlines said Tuesday it expects to fly more passengers each day during the year-end holidays than Thanksgiving, a sign… Read More »
Virgin Australia switches U.S. partner to United from Delta
Virgin Australia said on Tuesday it would enter a new codeshare and loyalty partnership with United Airlines (UAL.O) from April… Read More »
British Airways says short-haul flights from Gatwick to start by March
British Airways’ short-haul flights from London’s Gatwick airport will start by March end, with an initial plan to fly to… Read More »
U.S. Senate committee faults FAA oversight of Boeing
A U.S. Senate report released on Monday said the Federal Aviation Administration must do a better job overseeing Boeing Co… Read More »
Branson leads $530 mln funding round for Virgin Atlantic
Virgin Atlantic has raised 400 million pounds ($530 million) in fresh funding from shareholders Virgin Group and Delta Air Lines… Read More »
U.S. Space Force holds war game to test satellite network under attack
The United States is testing satellite resiliency to threats from China and Russia miles above the earth’s surface, just weeks… Read More »
Air France KLM redeems 500 mln euros worth of debts
Air France KLM (AIRF.PA) has redeemed 500 million euros ($564.8 million) from an earlier French state loan issued to help… Read More »
UK airlines seek government aid after Omicron-led travel restrictions
Major British airlines on Monday called on the government to remove testing rules for vaccinated passengers and provide economic support… Read More »
Daughter of pioneering astronaut Alan Shepard soars to space aboard Blue Origin
The eldest daughter of pioneering U.S. astronaut Alan Shepard took a joyride to the edge of space aboard Jeff Bezos’… Read More »
UK minister offers to mediate Airbus-Qatar Airways
A British minister has offered to mediate in a row between Airbus and Qatar Airways over costly flaws on the… Read More »
U.S. FAA finds no Blue Origin safety issues after review
The U.S. Federal Aviation Administration said on Friday it had found no safety issues after investigating allegations made against Blue… Read More »
FAA research grants aim to tackle aviation’s massive deficit of greener fuel
The Federal Aviation Administration on Thursday announced a series of new university research grants in hopes of making greener aviation… Read More »
Southwest Airlines expects to be profitable in fourth quarter
Southwest Airlines Co (LUV.N) said on Wednesday it was expecting to be profitable in the fourth quarter on the back… Read More »
Southwest Airlines says travel demand is improving, forecasts fourth-quarter profit
Southwest Airlines on Wednesday said it expects to be profitable in the fourth quarter, thanks to stronger-than-expected leisure travel demand… Read More »
Passenger travel is back, but stock market investors haven’t stuck with airlines
The recent history of investing in airlines has been volatile, with events from 9/11 to the financial crisis to the… Read More »