Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth fund is in talks to buy the kingdom’s national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter. The reported move … Read more
SpaceX launched the third test flight of its Starship rocket on Thursday and reached space, as the company pushed development of the mammoth vehicle past new milestones. Elon Musk’s company launched Starship at about 9:25 a.m. ET from its Starbase facility near Boca Chica, Texas. The rocket flew further than previous tests, with the flight … Read more
Qatar Airways is developing a First Class concept and pursuing aircraft orders from aviation giants Boeing and Airbus, as part of a broader strategic overhaul under new group CEO Badr Mohammed Al Meer. “This is a new era,” Al Meer told CNBC on Thursday, unveiling changes at the airline that follow a multi-month “war room” … Read more
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for a third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on March 13, 2024. Joe Skipper | Reuters Elon Musk’s SpaceX is preparing to launch its third Starship test flight as soon as Thursday morning … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday. Their … Read more
Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage … Read more
Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s proposal submitted last week values Terran … Read more
American Airlines flight 718, a Boeing 737 Max, takes of from Miami International Airport on its way to New York on December 29, 2020 in Miami, Florida. Joe Raedle | Getty Images American Airlines said Monday it is ordering 260 new narrow-body jets, including dozens of Boeing’s long-delayed 737 Max 10. The order includes 85 … Read more
Roberto Cingolani, chief executive officer of Leonardo SpA, during an interview in London, UK, on Tuesday, Jan. 23, 2024. Bloomberg | Bloomberg | Getty Images The chief executive of Italian defense group Leonardo said Friday that he’s more concerned about the “stupidity” of users of artificial intelligence rather than the threats posed by the technology itself. His comments … Read more
Airplane fuselages bound for Boeing’s 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | Reuters Boeing is in talks to buy back Spirit AeroSystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the … Read more