The Xpeng G9 SUV made an appearance at the 20th Shanghai International Automobile Industry Exhibition in Shanghai, China on April 18, 2023. Image Source: VCG | Visual China Group | Getty Images Chinese electric car startups Xpeng, Nio, and Li Auto released their vehicle delivery numbers for July, showing varying degrees of growth amidst increasing …
VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023. Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space …
A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways has revised its 2023 outlook and issued a warning about a potential loss in the current quarter. The airline attributes these challenges to increased international travel and the termination of its partnership …
Witness the majestic sight of a Southwest Airlines Boeing 737-700 aircraft landing at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia. Against the backdrop of the Potomac River, this aircraft gracefully glides over the water and buildings, creating a breathtaking scene of aviation prowess. Credits: Image by Nicolas Economou | Nurphoto | Getty …
(L)A SpaceX Falcon Heavy rocket stands at pad 39A at the Kennedy Space Center several hours before a scheduled launch in Cape Canaveral, Florida, and (R) A Falcon 9 rocket stands at Cape Canaveral’s SLC-40 pad. Getty (L) | SpaceX (R) SpaceX came remarkably close to breaking a record that has remained unbroken for over …
Ford Motor Co. showcases the new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, on September 17, 2020. Image: Rebecca Cook | Reuters Attention, hybrid enthusiasts: Ford Motor is currently developing a wide range of new hybrid models. “We have big plans for hybrid systems in our future,” CEO Jim Farley …
Scott Olson | Getty Images The Covid-19 pandemic provided a boost to U.S. airlines with sky-high airfare. However, airline executives are now witnessing a decrease in domestic fares as carriers expand their schedules and customers choose trips abroad instead of popular destinations that were closer during the pandemic. Related investing news Southwest Airlines, Alaska Airlines …
United Launch Alliance (ULA) remains committed to launching its heavy-lift Vulcan rocket by late 2023, despite a recent engine explosion during testing. The incident involved one of Blue Origin’s BE-4 engines intended for ULA’s second Vulcan rocket launch. ULA CEO Tory Bruno discussed the setback in an episode of CNBC’s “Manifest Space” podcast, noting that …
Ford CEO Jim Farley poses for a photo at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor announced on Thursday that it has revised its production targets for electric vehicles (EVs) …
American Airlines plane Silas Stein | picture alliance | Getty Images American Airlines pilots’ union announced on Thursday that they have agreed to an improved offer for a new labor contract. This comes less than two weeks after a more lucrative deal at United Airlines disrupted the voting process at American. The revised preliminary agreement …