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☆ The emergency slide that came off a Delta 767 washed up in front of the house of a lawyer whose firm is suing Boeing over the Alaska blowout
▼ + stars: | 2024-04-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

An emergency exit slide came off a Delta Air Lines Boeing 767 on Friday. A lawyer, whose firm is suing Boeing over the Alaska blowout, spotted it outside his home two days later. AdvertisementAn emergency slide that came off a Delta Boeing 767 was found by a lawyer whose firm is suing Boeing, the New York Post reported. The wild coincidence happened on Sunday, two days after the slide fell off the Boeing 767 operated by Delta Air Lines. However, it should be noted that since the Delta Boeing 767 was built in 1990, the incident points to a maintenance issue rather than the planemaker's fault.

Persons: hasn't, —, Jake Bissell, Linsk, Bissell, Labaton Keller Sucharow, ince Organizations: Delta Air Lines Boeing, Boeing, Alaska, New York Post, Service, Delta Boeing, Delta Air Lines, New York's JFK Airport, Delta, ust Locations: New, Los Angeles, Queens

☆ Columbia protesters' demands have worked before. This time may be different.
▼ + stars: | 2024-04-30 | by ( Paul Squire | ) www.businessinsider.com time to read: +9 min

Read previewThe unrest at Columbia University isn't showing signs of slowing down. In the 1980s, student protesters at Columbia took over the same building and called for divestment of the Ivy League school's investments over a different cause: South African apartheid. Student protesters at the 1985 demonstrations at Columbia University. Protesters there locked and chained the doors to Hamilton Hall — the same building now occupied by pro-Palestinian protesters — and demanded the school completely divest from South Africa. A more fraught situationOn its website, the Columbia University Apartheid Divest group likened itself to the protests from nearly 40 years ago.

Persons: —, It's, Lockheed Martin, Alex Kent, Joe Biden, Mike Johnson, she's, Barbara Alper, didn't, Ronald Reagan, Biden, Benjamin Netanyahu, Netanyahu, Nemat, Shafik, Nicholas Dirks, Divesting, Christopher Marsicano, Al, Marsicano Organizations: Service, Columbia University, Columbia, Ivy League, Business, Lockheed, Boeing, NPR, Hamilton Hall, Getty, Columbia University Apartheid, White, Student, New York Times, Times, Coalition, Columbia Spectator, Spectator, The New York Times, Hamas, University, Socially, University of California, CNN, North Carolina's Davidson College Locations: Israel, Gaza, Columbia, divesting, Hamilton, South Africa, Vietnam, Rafah, Berkeley, Al Jazeera

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Live Nation, Boeing, Coinbase, Amazon & more
▼ + stars: | 2024-04-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America reiterates Tesla as buy Bank of America said it's standing by its buy rating on the electric-vehicle maker. "We maintain our Buy rating and raise our PT from $1100 to $1,150." "We are initiating coverage of Live Nation with a Buy rating and $120 price target." "We are initiating coverage on EE with an Overweight rating." "We are initiating coverage of Integral Ad Science with a Buy rating and a $15 price target."

Persons: Tesla, TSLA, Morgan Stanley, Oppenheimer, Raymond James, Mizuho, Airbnb, Coinbase, Needham, Stephens, Jefferies, Ralph Lauren, Chegg Organizations: Argus, Boeing, " Bank of America, Bank of America, UBS, Nvidia, Dyne, JPMorgan, Catalyst Watch, Apple, Mizuho, Citi, BTC, Ethereum, Paramount, CBS, Deutsche Bank, Deutsche, Excelerate Energy, Stephens, Barclays, UMB, Corp, Contineum Locations: Base, Kansas City

☆ Campus protesters are calling for divestment. Here’s what that means
▼ + stars: | 2024-04-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

“Disclose, divest, we will not stop, we will not rest,” protesters at Columbia and universities across the country have chanted. Student protesters who oppose Israel’s military action in Gaza are demanding that their universities sell investments in companies with ties to Israel. Pro-Palestinian protesters say divestment would send an important message of disapproval of Israel’s conduct in Gaza. But while demonstrators have spread their messages across the country, many schools haven’t acquiesced to protesters’ calls for divestment. There are historical precedents for university divestment.

Persons: Israel’s, haven’t, Columbia’s, ”, Christina Paxson, ” Nicholas Dirks, “, Dirks Organizations: CNN — College, Student, Columbia University Apartheid, Microsoft, Protesters, Cornell, Yale, University of Michigan, The University of California, University of California, University, University of Texas, Brown, Brown Daily Herald, Portland State University, Boeing, Columbia, Ford, CNN Locations: Israel, Columbia, Gaza, Dallas, South Africa, Berkeley

☆ Boeing taps debt market to raise $10 billion: Reuters
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: +2 min

The Boeing logo is displayed on a Boeing building on January 8, 2024 in El Segundo, California. Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling jet, sources familiar with the matter said. Moody's said the rating reflects Boeing's still-strong business profile, which continues to mitigate ongoing weak performance in commercial aircraft, although headwinds surrounding the division could persist through 2026. Boeing will use the bond proceeds to increase its liquidity ahead of maturities on its existing debt load, including $4.3 billion in 2025, S&P wrote on Monday. The deal's bookrunners leading the bond sale include Bank of America , Citi, JPMorgan and Wells Fargo , according to the deal's term sheet.

Persons: Moody's, bookrunners, Wells, Brian West Organizations: Boeing, U.S, Bank of America, Citi, JPMorgan Locations: El Segundo , California, maturities, Wells Fargo

☆ Jim Cramer says it is 'too early to buy' Southwest on its brutal five-session slide
▼ + stars: | 2024-04-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer expressed sympathy for Southwest as the airline stock was further punished by a new sell call following last week's wider-than-expected quarterly loss on Boeing aircraft delays. (See here for a full list of the stocks in Jim Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: CNBC's Jim Cramer, Cramer, It's, Jefferies, Jim Cramer's, Jim Cramer, Jim Organizations: Southwest, Boeing, Jim Cramer's Charitable Trust, CNBC Locations: Southwest

☆ Trouble brews at The Wall Street Journal, where EIC Emma Tucker faces falling morale and the union edges toward a strike
▼ + stars: | 2024-04-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

Read previewEmma Tucker's arrival at The Wall Street Journal a little over a year ago was met with enthusiasm. This story is available exclusively to Business Insider subscribers. Business Insider talked to a dozen insiders for this story; many of them said they had felt a shift from optimism to angst regarding Tucker and the newsroom generally. A Journal spokesperson said Tucker wasn't available to comment but offered an interview with Taneth Evans, Tucker's associate editor. Evans told Business Insider that the changes were drawn out to give the new leadership time to understand how the newsroom works.

Persons: —, Emma Tucker's, Tucker, She's, effused, Liz Harris, Dow Jones, IAPE, Tucker wasn't, Taneth Evans, Tucker's, Evans, I've, Harris, Emma Tucker, Joy Malone, Rupert Murdoch, Matt Murray, Murray, Elon, Taylor, I'm, OpenAI's Sam Altman, Michael Bloomberg's, Lachlan Murdoch, Adrian Edwards, Axel Springer Organizations: Service, Wall, Business, Dow, Independent Association of Publishers ' Employees, CWA, Associates, Sunday Times, The New York Times, Times, Boeing, News Corp Locations: New York, London, Tesla, Gaza, New York City

☆ A tiny low-cost airline you may not have heard of is expanding to 10 new cities. We asked its CEO what to expect.
▼ + stars: | 2024-04-29 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Avelo Airlines continues to expand its fleet and routes, adding 10 new destinations on May 1. As Avelo strives for its third profitable quarter, the CEO says the airline is focused on itself. AdvertisementWhen low-cost newcomer Avelo Airlines launched its first flight three years ago, it had just three Boeing 737 Next-Generation jetliners and served 11 West Coast destinations. Business Insider spoke to Avelo CEO Andrew Levy about what makes the growing airline different from other low-costs and what customers can expect on board its planes. Avelo Airlines' route map.

Persons: Avelo, —, Andrew Levy, Jim Olson, Louis, Walt, we've, Levy, Joe Scarnici Avelo, he's Organizations: Avelo Airlines, Service, Boeing, Alaska Airlines, Business, Concord, Houston Hobby, Walt Disney, Universal Studios, Delta, Avelo, JetBlue Airways, Airlines, BI, Frontier Locations: Burbank , California, Sonoma County, Boise, Idaho, Montana, Albany, Atlanta, Charlotte , North Carolina, Destin, Knoxville, Lakeland, Central Florida, Miami, St, Traverse City , Michigan, Orlando, New Haven, Connecticut, New York City, Hartford, Boston, Alaska

☆ Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation
▼ + stars: | 2024-04-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.

Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America

☆ Rival airlines Emirates and Etihad are both flying their luxe Airbus A380s to the US. See how the superjumbos compare.
▼ + stars: | 2024-04-28 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Etihad Airways and Emirates both fly luxe Airbus A380 superjumbos between New York and the UAE. Both of the UAE airlines offer unique luxuries like an onboard bar and lounge — and even a shower. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEtihad's luxurious A380 will rival UAE carrier Emirates, the world's biggest operator of the behemoth double-decker. Here's how the cabin products on Etihad's A380 compare to those on Emirates' refurbished superjumbos.

Persons: —, John F Organizations: Etihad Airways, luxe Airbus, Emirates, UAE, Service, Airbus, New, Kennedy International, The, Boeing, Etihad Locations: Emirates, New York, UAE, Abu Dhabi, The UAE, JFK, Dubai . Emirates

☆ A Delta Boeing 767 made an emergency landing after its exit slide fell off midair
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

A Delta flight from NYC to LA had to turn back after its emergency exit slide detached. AdvertisementA Boeing plane was forced to make an emergency landing on Friday after an emergency slide fell off the aircraft. The Delta spokesperson said the airline was "fully supporting retrieval efforts and will fully cooperate in investigations." In a second statement, Delta said that the incident set off an emergency alarm. AdvertisementDelta Airlines 767-332ER makes emergency return to John F. Kennedy International Airport after losing its right-hand side emergency slide.

Persons: —, Delta, John F, Flexport, Max Organizations: Boeing, Service, Delta Air Lines, New York's JFK, Delta, Kennedy, Airport, Breaking Aviation, JFK, Business, Federal Aviation Administration, Air Lines, Kennedy International, FAA, Alaska Airlines Locations: NYC, LA, JFK, New York's, New York, Portland , Oregon

☆ Delta Air Lines Flight Loses Emergency Slide After Takeoff, Officials Say
▼ + stars: | 2024-04-27 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: 1 min

A Boeing 767 plane flown by Delta Air Lines lost an emergency slide on Friday, prompting it to return to New York not long after taking off, officials said. The flight, Delta Air Lines 520, had left Kennedy International Airport in New York and was headed to Los Angeles when its crew discovered an issue related to the aircraft’s right wing emergency exit slide. Crew members also detected an unusual sound near the wing, Delta Air Lines said. Pilots declared an emergency to air traffic controllers and the flight returned to Kennedy and landed safely, the airline said. After the plane landed, it became apparent that the aircraft’s emergency slide had “separated” from the plane, Delta Air Lines said.

Persons: Kennedy Organizations: Boeing, Delta Air Lines, Delta Air, Kennedy International, Pilots Locations: New York, Los Angeles

☆ Ancient DNA pulls back curtain on mysterious empire
▼ + stars: | 2024-04-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Analysis of ancient DNA recovered from human remains has illuminated the traits and ancestry of historic individuals — be it a mummified iceman, Chinese emperor or legendary composer. The origins of the empire and its people remained obscure until a landmark April 2022 study found they hailed from the Mongolian steppe. Carolyn Kaster/APNaturalists have spotted the first arrivals in this spring’s historic cicada dual emergence. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: It’s, Loki, Gerald Eichstädt, Thomas Thomopoulos, ”, Scott Bolton, Bolton, George Mallory, Andrew Irvine, Mallory, Ruth, Carolyn Kaster, haven’t, you’re, —, Ashley Strickland, Katie Hunt Organizations: CNN, of Archaeological Sciences, Eötvös Loránd University, Múzeum, NASA, Voyager, JPL, Caltech, Southwest Research Institute, Magdalene College , Cambridge, AP Naturalists, — Boeing, — Surgeons, Hubble, CNN Space, Science Locations: Rákóczifalva, Hungary, Central, Eastern Europe, Mount, United Kingdom, Macon , Georgia, South, Midwest

☆ It isn't just Boeing that's bleeding billions — major US airlines are hemorrhaging cash too
▼ + stars: | 2024-04-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Southwest Airlines and American Airlines posted losses in the first quarter of 2024. On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call. Southwest Airlines CEO Bob Jordan told CNBC the decision to cease flights had "nothing to do" with Boeing's aircraft delivery delays. AdvertisementRepresentatives for Southwest Airlines and American Airlines didn't immediately respond to a request for comment from BI sent outside regular business hours. "Near term, yes, we are in a tough moment," Boeing CEO Dave Calhoun said in a letter to employees on the same day.

Persons: It's, Bob Jordan, —, George Bush, Jordan, Robert Isom, I've, Isom, Isom's, Brian West, Dave Calhoun Organizations: Boeing, Airlines, Southwest Airlines, American Airlines, Southwest, Service, —, — Bellingham International, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, CNBC, American, Bank of America Global Industrials Conference . West, BI, Max, Wednesday Locations: — Bellingham, Cozumel, Southwest, Oregon, California

☆ See inside a Boeing 727 salvaged from an aircraft 'graveyard' and converted into a lavish Airbnb that starts at $438 a night
▼ + stars: | 2024-04-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

An entrepreneur has converted a 56-year-old Boeing 727 into an Airbnb in Bristol, England. Named PYTCHAir, the jet was bought without wings, engines, or a tail — but kept its lavish interior. The Airbnb can host at least four people and is about $438 a night with a minimum two-night stay. The latest converted airplane is a 56-year-old Boeing 727 in Bristol, England, that's been repurposed as an Airbnb and is now owned by British-Australian businessman Johnny Palmer. The Airbnb requires a minimum two-night stay and starts at 350 British pounds — or about $438 — a night, so at least $876 for a two-night stay.

Persons: —, that's, Johnny Palmer, Palmer Organizations: Boeing, Service, British Locations: Bristol, England, Australian

☆ Palmer Luckey's start-up Anduril just proved it can challenge legacy defense contractors and win
▼ + stars: | 2024-04-26 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Anduril has just been selected as one of two vendors for a major US air force contract. AdvertisementAnduril Industries, the defense tech startup run by Palmer Luckey, has just been awarded a major contract by the US Air Force, beating out legacy names like Boeing and Lockheed Martin. The Air Force hopes to eventually buy at least 1,000 CAA systems at a cost of $30 million per drone. "I'm confident we're going to deliver on budget and on schedule some really sick AI-powered fighter jets," he added. And the demand is there for them if they can make it: venture capitalists have put more than $100 billion into defense tech since 2021, according to PitchBook data.

Persons: Anduril, Northrup Grumman, Palmer Luckey, —, Lockheed Martin, Atomics, General Atomics Organizations: Boeing, Lockheed, Service, Anduril Industries, US Air Force, Aircraft, Air, Air Force, CAA, Combat Aircraft, CNBC Locations: Anduril, United States of America, …, China, Silicon Valley

☆ Airbus CFO says A350 plane production increase not tied to Boeing troubles
▼ + stars: | 2024-04-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024. Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer. Toulouse-based Airbus on Thursday announced plans to increase its production rate for the long-range aircraft to 12 units per month in 2028. Airbus reported gross commercial aircraft orders of 170 in the quarter, almost half of which were variants of the A350. Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer.

Persons: Thomas Toepfer, CNBC's Charlotte Reed, Toepfer Organizations: Airbus, Boeing Locations: Bouguenais, Nantes, France, U.S, Toulouse

☆ American Airlines cuts some international flights into 2025 citing Boeing delivery delays
▼ + stars: | 2024-04-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. "We're making these adjustments now to ensure we're able to re-accommodate customers on affected flights," American said in a statement. Flights from New York to Barcelona will be suspended Sept. 3. Flights from Dallas/Fort Worth International to Dublin and to Rome, which were both scheduled as year-round flights, will now be suspended on Oct. 26. Flights from Chicago O'Hare to Paris will end Sept. 3 and resume next year.

Persons: John F, Boeing didn't Organizations: Boeing, American Airlines, Kennedy International, Fort Worth International, Dublin, Chicago O'Hare Locations: Barcelona, Europe, New, Athens, New York, Dallas, Rome, Chicago, Paris, Kona, Hawaii, Philadelphia, Miami, Montevideo, Uruguay, Sao Paulo, Brazil

☆ Stocks making the biggest moves midday: Meta, Victoria's Secret, Microsoft, Caterpillar and more
▼ + stars: | 2024-04-25 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Honeywell posted adjusted earnings per share of $2.25, beating analysts' estimates of $2.17 per share, per LSEG. Revenue for the quarter also came in better-than-expected at $9.11 billion, compared to the $9.03 billion analysts were expecting. ServiceNow — The digital workflow firm slid 5% after it only narrowly beat analysts' revenue expectations in the first quarter. ServiceNow posted revenue of $2.6 billion, slightly higher than the $2.59 billion analysts polled by LSEG had anticipated. Caterpillar — Shares tumbled 6.5% after revenues of $15.8 billion for the most recent quarter missed analysts' estimates of $16.04 billion, according to LSEG.

Persons: Goldman Sachs, Mark Zuckerberg, ServiceNow, LSEG, —, Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Facebook, Meta, Tech, Microsoft, Beverage, JPMorgan, Monster Beverage, Honeywell —, Honeywell, Revenue, Merck, Co, LSEG, — Bank of America, Southwest Airlines —, Management, StreetAccount, Machines, IBM, Bank of America, Caterpillar, Nvidia —, Nvidia, Comcast, Deutsche Bank — U.S, Deutsche Bank, CNBC Locations: NBCUniversal

☆ Boeing’s Starliner set for historic astronaut launch after delays for years
▼ + stars: | 2024-04-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +8 min

CNN —After years of delays and a dizzying array of setbacks during test flights, Boeing’s Starliner spacecraft is finally set to make its inaugural crewed launch. “This is history in the making,” NASA Administrator Bill Nelson said of the upcoming Starliner mission during a March 22 news conference. Missteps riddled a Starliner test flight the prior year, leaving NASA and Boeing officials scrambling to figure out what went wrong. SpaceX’s Crew Dragon has been flying routine trips ever since, carrying NASA astronauts and even paying customers and tourists. On May’s inaugural crewed flight, Boeing will instead use a “perfectly acceptable mitigation” that should prevent the valves from sticking, Nappi said in March.

Persons: CNN —, Suni Williams, Butch Wilmore, ”, Mark Nappi, “, we’ve, Ken Bowersox, SpaceX’s, Bill Nelson, “ We’re, Boeing’s Starliner, Bob Behnken, Doug Hurley, Steve Stich, we’re, ” Nappi, Stich, Nappi, — Williams, Wilmore, —, ” Wilmore, Williams Organizations: CNN, NASA, International, Boeing, SpaceX, International Space, Alaska Airlines Locations: Florida, —, Starliner’s

☆ American Airlines swings to a loss, but tops estimates for Q2 forecast
▼ + stars: | 2024-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates, sending shares roughly 5% higher Thursday. American reiterated its forecast to earn between $2.25 and $3.25 per share for the full year. American said it expects second-quarter capacity to be up 7% to 9%, and unit revenues to fall 1% to 3% from last year. Similar to Southwest , United and Alaska , American is affected by Boeing's latest quality control and safety crises. Adjusting for one-time items, including costs associated with new labor contracts, American lost $226 million, or 34 cents per share.

Persons: LSEG, Robert Isom, Isom, Boeing hasn't, —, Phil LeBeau Organizations: Boeing, American Airlines, JFK International, CNBC, Revenue Locations: Austin , Texas, New York, Manhattan, Southwest, United, Alaska, American

☆ Supply chain 'very difficult' for the aviation industry: FlightGlobal
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: Supply chain "very difficult" for aviation industry right nowGreg Waldron, Asia managing director at FlightGlobal, says that applies not only to Boeing but also Airbus.

Persons: Greg Waldron Organizations: Boeing, Airbus Locations: Asia

☆ Southwest Airlines CEO Bob Jordan on Q1 miss: A strong quarter despite the financial results
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouthwest Airlines CEO Bob Jordan on Q1 miss: A strong quarter despite the financial resultsCNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, the airline's decision to stop service at 5 airports, growth outlook, hiring freeze, and more.

Persons: Bob Jordan, Phil LeBeau Organizations: Southwest, Southwest Airlines

☆ Stocks making the biggest moves premarket: Meta Platforms, Honeywell, Merck, Southwest Airlines and more
▼ + stars: | 2024-04-25 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

However, first-quarter earnings and revenue both came above analysts' estimates. Honeywell — The industrial stock rose 2.2% in premarket trading after the company posted earnings per share of $2.25, beating LSEG analysts' estimates of $2.17. Revenue for the quarter came in at $9.11 billion, compared to the $9.03 billion analysts were expecting. Analysts surveyed by LSEG forecast $1.88 in earnings per share and $15.20 billion in revenue. ServiceNow — The workflow management company shed 4% after narrowly beating analysts' revenue expectations in the first quarter.

Persons: Merck, LSEG, ServiceNow, —, Macheel, Samantha Subin, Jesse Pound, Pia Singh, Alex Harring Organizations: Facebook, Honeywell, Merck, Southwest Airlines, American Airlines, LSEG, StreetAccount, IBM, Caterpillar, Deutsche Bank — U.S, Deutsche Bank, Comcast, Technology, Revenue, CNBC Locations: NBCUniversal

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