It’s time for the aviation industry to reprioritize MRO services as part of a strategic approach to address these current challenges.
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
CNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly earnings results, his thoughts on the midair collision between an American Airlines regional jet and a Black Hawk military helicopter,
Facing his first crisis just two days into the job, Transportation Secretary Sean Duffy touted reforms sought by the president, who has lambasted DEI policies.
Mike Whitaker, unanimously confirmed as the FAA administrator in October 2023, stepped down early from his five-year term on Jan. 20 when Trump took office and for 10 days the FAA declined to say who was running the agency on an acting basis. Trump has not yet named a permanent candidate to replace Whitaker.
NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore have been on the International Space Station since June, even though they initially expected to stay for just eight days. They'll be back on Earth in late March.
Duffy also said he would cut DEI programs at the agency and create federal rules for self-driving cars instead of leaving that to a patchwork of state regulations, a key priority of Tesla CEO Elon Musk, who is running Trump’s government efficiency effort.
RTX Corporation reported strong Q4 results with double-digit sales growth across all channels. Read why I have upgraded RTX stock to a Strong Buy.
In interviews after Boeing posted its detailed financial results Tuesday, new CEO Kelly Ortberg indicated the key priorities for 2025: getting airplane production back up safely, generating much-neede
EVERETT — Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.