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Aerospace and defense industry

Delta raises revenue forecast on higher demand and fares

Delta airplanes are seen at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City,...

Flight cancellations ease after rocky start to Memorial Day weekend

A Delta Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California January 18, 2022.Mike Blake | ReutersFlight disruptions...

Space stocks had a rough first quarter as several companies struggled with supply chain disruptions

Virgin Orbit's modified 747 jet "Cosmic Girl" releases the company's LauncherOne rocket for a mission on January 13, 2022.Virgin OrbitSpace companies reported results...

Boeing’s Starliner capsule lands, completing a crucial step toward carrying NASA astronauts

Boeing's Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission.NASA TVBoeing landed its uncrewed Starliner...

SpaceX president defends Elon Musk over sexual misconduct claims: ‘I believe the allegations to be false’

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA's Kennedy Space Center in Florida on...

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022.SpaceXSpaceX is raising a massive round of fresh...

The space industry is on its way to reach $1 trillion in revenue by 2040, Citi says

A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022.SpaceXThe space industry should reach $1 trillion in annual revenue...

A severe pilot shortage in the U.S. leaves airlines scrambling for solutions

Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia.Anna Moneymaker | Getty ImagesThe United States...

United reaches new contract deal with pilots’ union, the first of the major airlines in pandemic

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport.Massimo Insabato | Mondadori Portfolio | Getty ImagesUnited Airlines and its pilots' labor...

U.S. airline bookings dropped 17% in April as flights got even more expensive

A Southwest Airlines aircraft taxis as an American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022.Joshua Roberts...

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