[ad_1] One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion, CNBC has learned. The deal, announced on Tuesday, makes York the latest space …
Read More »Air cargo rates slump but some companies see long-term strength
[ad_1] The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don’t think it’s going to give back share to other forms of transportation,” Boeing CEO Dave Calhoun …
Read More »NASA, SpaceX, Jared Isaacman studying Hubble telescope extension
[ad_1] This 1990 photograph shows the Hubble Space Telescope being deployed from the space shuttle Discovery on mission STS-31. Source: NASA SpaceX and billionaire astronaut Jared Isaacman are teaming up with the National Aeronautics and Space Administration to study whether a private mission could extend the life of the famed …
Read More »Summer’s over, but the European travel season isn’t
[ad_1] This photograph taken on August 7, 2018, shows an American Airlines Airbus A330-243 aircraft on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. Joel Saget | AFP | Getty Images Airline executives say demand for flights to Europe from the U.S. has remained resilient into the fall, …
Read More »Economy flights from Moscow to Dubai hitting $5,000 as Russians flee
[ad_1] 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 — One-way economy flights from Moscow to Dubai are going for as much …
Read More »NASA’s Artemis I moon mission is likely delayed until November
[ad_1] NASA’s giant Artemis 1 moon rocket is rolled back to the Vehicle Assembly Building off its lauchpad, after postponing the much-anticipated mission a third time due to the arrival of Hurricane Ian and other technical problems, in Cape Canaveral, Florida, U.S. September 27, 2022. Michael Weekes Jr | Reuters …
Read More »Hurricane Ian forces airlines to ax west Florida flights
[ad_1] Local residents fill sandbags, as Hurricane Ian spun toward the state carrying high winds, torrential rains and a powerful storm surge, at Ben T. Davis Beach in Tampa, Florida, U.S., September 26, 2022. Shannon Stapleton | Reuters Airlines canceled flights and at least one major airport on Florida’s west …
Read More »JetBlue, American Airlines go to court in Justice Department antitrust fight
[ad_1] An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The Justice Department heads to court in Boston on Tuesday in hopes of undoing a year-and-a-half-old pact …
Read More »Southwest Airlines hired a record 3,000 flight attendants so far this year
[ad_1] Passengers deplane from a Southwest Airlines flight from Las Vegas at Hollywood Burbank Airport in Burbank, California, Oct. 10, 2021. Southwest Airlines canceled more than 1,000 flights Sunday, as part of a major weekend service disruption that the carrier attributed to bad weather, air traffic control and its own …
Read More »Biden administration seeks new rules on airline fee disclosures
[ad_1] Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. As travel is ramping up for the July 4th holiday, staffing shortages are causing problems for some of the nations largest airlines. Angus Mordant | Bloomberg | Getty Images President Joe …
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