aviation industry

The competition regulator in Britain has announced it is proceeding with the preliminary probe into Boeing Co.'s (NYSE:BA) acquisition of Spirit Aerosystems Holdings Inc. (NYSE:SPR) What Happened: The Competition and Markets Authority (CMA) announced it will begin its phase 1 investigation into the...

U.S. Global Investors Inc. (NASDAQ:GROW) celebrated a banner year in 2024 with its flagship ETFs witnessing solid returns. The standout performer? The U.S. Global Jets ETF (NYSE:JETS) soared 33.21% higher, spurred by an uptick in travel demand, effective capacity management and lower fuel prices....

Delta Air Lines Inc. (NYSE:DAL) and United Airlines Holdings Inc. (NYSE:UAL) find themselves at the center of an antitrust class action lawsuit. The accusations? Conspiring to inflate airfares across the U.S. by artfully reducing available seats on domestic flights. U.S. District Judge Colleen...

Elon Musk on Thursday said that Starlink services, operated by SpaceX, will ‘hopefully’ commence on commercial flights later this year. What Happened: Starlink on commercial flights is up to Federal Aviation Administration certification and airlines, Musk added. The CEO was...

Argentine low-cost airline Flybondi made a move into the blockchain space by issuing its e-tickets as non-fungible tokens (NFTs). This new integration, called Ticket 3.0, is a continuation of Flybondi's partnership with NFT ticketing company, TravelX, which was established...

Boeing Co's (NYSE: BA) annual forecast for the commercial, defense, and space aerospace market, reflects signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO), Boeing's analysis of long-term market dynamics, states that...

Alaska Airlines Group, Inc. (NYSE: ALK) teams up with AAR Corp. (NYSE: AIR) to create a pipeline for qualified airline maintenance technicians for the Seattle-based airline. The Flow-Through Program is the first of its kind between an airline and an aviation services...

Boeing Co (NYSE: BA), United Technologies Corporation (NYSE: UTX) and Honeywell International Inc. (NYSE: HON) are three of the best-known names in the aerospace and defense industries. Management has recently provided insight into prospects for each company and also for the industries going...

The aviation industry has come roaring back into the black after the dark years following the 9/11 terror attacks and the effects of the Great Recession. But one place where the industry still finds its profits being eaten away is in fuel costs. Last month, according to the Dallas Morning News...

The race is on between a dozen or so states to see who can become the home for production of the new and very lucrative Boeing (NYSE: BA) 777X jetliner, a multi-billion-dollar project the company says is targeted for its first delivery to the airlines in 2020. That scramble began last month,...