Rocky Start: Severe Weather and FAA Shortcomings Spark Turbulence

Passengers patiently await their flights at Newark Liberty International Airport amidst the chaos caused by severe storms on June 27, 2023. Photo by Fatih Aktas | Anadolu Agency | Getty Images Flight disruptions reached new heights on Tuesday as a combination of severe storms and staffing challenges created a tumultuous start to the summer travel …

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Strong demand and premium ticket sales boost Delta’s profit forecast

Nurphoto | Nurphoto | Getty Images Delta Air Lines announced on Tuesday that it has raised its second-quarter forecast and projected full-year adjusted earnings of $6 per share, which falls within the upper range of its previous estimates given in April this year. The airline attributes this positive outlook to robust travel demand and customers …

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SESA merger discussions terminate as Intelsat withdraws

A company jet is actively testing a cutting-edge satellite communications antenna for inflight Wi-Fi service. Intelsat Intelsat, a prominent U.S. satellite communications giant, has decided to discontinue merger negotiations with SES, a Luxembourg-based competitor, as confirmed by CNBC. According to an anonymous source familiar with the situation, Intelsat withdrew from the discussions due to diverging …

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Dodge and Ram Outperform Tesla and Volvo

The 2023 Alfa Romeo Tonale, a new vehicle that combines smart technology with stunning design, has been making waves in the automotive industry. However, according to the latest Initial Quality Study by J.D. Power, new vehicles in general are facing a range of quality problems, unlike anything seen in the past 37 years of the …

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Mechanics’ Union and Southwest Airlines Reach Tentative Agreement

A Southwest Airlines Co. Boeing 737 passenger jet is being directed by a worker as it pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Photograph by Luke Sharrett, courtesy of Bloomberg. Southwest Airlines announced on Friday that it has reached a preliminary agreement with …

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Virgin Galactic (SPCE) successfully secures $300 million and endeavors to acquire an additional $400 million.

During the Unity 25 spaceflight on May 25, 2023, carrier aircraft VMS Eve released spacecraft VSS Unity before firing its rocket engine, marking the successful mission of Virgin Galactic. Virgin Galactic Virgin Galactic has successfully raised $300 million through an “at the market” offering of common stock, as revealed in a securities filing on Thursday. …

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