Taylor Swift reschedules Buenos Aires show from Friday to Sunday due to heavy rain. LATAM Airlines, South America’s largest carrier, offers customers waived fees for date changes or fare differences. Industry executives say this is an uncommon measure. Allen J. Schaben | Los Angeles Times | Getty Images Just like natural disasters such as hurricanes …
Astra’s founders have proposed taking the company private at a value of $30 million, according to a securities filing on Thursday. Chris Kemp, chairman and CEO, and Adam London, chief technology officer, presented a proposal to acquire all outstanding stock at $1.50 a share. Astra’s rocket launching business has been on hold since a June …
Astra, a struggling space company, recently revealed in a securities filing that it defaulted on a debt agreement and may struggle to raise necessary funds. Last month, Astra failed twice to meet the minimum cash reserve requirements tied to a $12.5 million note issuance to New Jersey’s High Trail Capital, an investment group. The company …
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines said that increased jet fuel costs and the suspension of flights to Tel Aviv during the Israel-Hamas war will impact its profitability in the final quarter of this year. …
A mesmerizing long-exposure photograph captures the striking trail left by SpaceX’s Falcon Heavy rocket during the launch of the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat Viasat experiences a surge in share prices on Thursday as the company reveals its expectation of surpassing financial growth targets ahead of schedule, and announces that …
Delta Air Lines’ profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings toward the low end of an earlier estimate after a jump in fuel prices. In its quarterly report Thursday, Delta said it expects adjusted, full-year earnings …
An EHang all-electric Vertical Takeoff and Landing (eVTOL) two-passenger multicopter aircraft, performs an unmanned display flight at a Korean government event at Yeouido island in Seoul on November 11, 2020. Ed Jones | Afp | Getty Images BEIJING — Self-driving air taxis are one step closer to reality in China. Guangzhou-based Ehang announced on Friday …
[The livestream has ended. A replay is available in the video player above.] SpaceX’s impressive Falcon Heavy rocket soared into space this morning, successfully launching a NASA mission aimed at reaching a faraway asteroid. The NASA mission, known as Psyche, is specifically targeting the asteroid Psyche. The spacecraft, which boasts a size similar to a …
A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., April 7, 2021. Mike Blake | Reuters Recent strikes by Hollywood talent and United Auto Workers union members are negatively impacting business travel demand, despite its recovery, according to Delta Air Lines …
At Ben Gurion Airport, Israel’s only international airport, a sense of uncertainty has taken hold. The recent surprise attacks by Hamas and subsequent Israeli retaliation have left hundreds dead and thousands injured, leading several airlines to suspend their services to Israel. The United States has also been affected, with nine U.S. citizens reported killed. The …