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☆ Another setback for Elon Musk's SpaceX after mishap with NASA rescue mission
▼ + stars: | 2024-10-02 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

SpaceX launched its mission to rescue the two Starliner astronauts — but it didn't go entirely according to plan. The company's Falcon 9 rocket has been grounded after a booster landed in the wrong place. It's the third time in three months that the Falcon 9 has been grounded. AdvertisementSpaceX's workhorse rocket has been grounded for the third time in three months after malfunctioning during a mission to rescue two astronauts stuck in space. The rocket was also briefly grounded by the FAA in August after failing an attempt to land back on Earth.

Persons: —, Boeing's Starliner, Elon Musk, Musk, Butch Wilmore, Suni Williams Organizations: SpaceX, Service, Federal Aviation Administration, FAA, Elon, Boeing, NASA, Crew

☆ Jim Cramer says he's not buying the negativity on Disney — here's why he is sticking around
▼ + stars: | 2024-10-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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: Jim Cramer, Raymond James, Analysts, They're, Jim, Stocks, McCormick, Charles Schwab, Clorox, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Wall, Israel, Coterra Energy, Disney, Paris Olympics, Disneyland, Apple, Barclays, Apple Intelligence, Boeing Locations: Iran, Disneyland Paris

☆ Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
▼ + stars: | 2024-10-01 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. CVS Health – Shares rose 2% after CNBC, citing people familiar with the matter, reported that CVS is working with advisors on a strategic review of its business. Clorox — Shares of the household supplies company rose more than 1.5% after an upgrade to buy from hold at Jefferies. Pinterest — Shares of the online platform added 3.3% after Goldman Sachs added Pinterest to its "Americas Conviction List." Datadog — The cloud analytics company rose 1.7%.

Persons: Goldman Sachs, Raymond James, Ric Prentiss, Clorox, Pinterest, Datadog, Davidson, Oppenheimer, — CNBC's Sean Conlon, Sarah Min, Samantha Subin, Pia Singh, Michelle Fox, Jesse Pound Organizations: Ford, Super, Disney —, CVS, CNBC, Reuters, Anheuser Busch InBev, Citi, Anheuser, Busch, Jefferies, Boeing, Bloomberg, Alcoa, Bank of America

White House officials on Friday met with representatives from the consortium, the US Maritime Corporation, to encourage the association to stay at the negotiating table. President Joe Biden has sent a clear message that he has no plans to do the latter. Without taking that move, there’s not much else the White House can do. “The administration is using its bully pulpit, and has been for a while,” says John Porcari, who served as the White House supply chain czar under Biden. “In political terms, there’s no good time for a strike,” the former official said.

Persons: dockworkers, Biden, Taft, Hartley, Joe Biden, “, ” Biden, Kamala Harris, there’s, ”, John Porcari, George W, Bush, Liz Shuler, Jeff Zients, Lael Brainard, USMX, Harold Daggett, Labor Julie Su, ” Daggett, Donald Trump, Harris, –, Ford, Ohio Sen, JD Vance, Tim Walz, Trump Organizations: CNN, International Longshoremen’s Association, US Maritime Corporation, White House, ”, White, Republicans, House Transportation, Labor, ” AFL, GOP, National Economic, International Longshoreman’s Association, Republican, Biden administration’s, Biden, Anderson Economic Group, Boeing, United Auto Workers, Minnesota Gov Locations: East, Gulf, Taft, West Coast, Michigan, Dearborn, Ohio, Minnesota

☆ Boeing's 737 safety mess just got worse
▼ + stars: | 2024-10-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

AdvertisementThe National Transportation Safety Board (NTSB) has flagged fresh concerns with Boeing's 737 planes, saying that at least 40 airlines outside the US may be operating aircraft with faulty components. The NTSB said that Boeing's 737 flight manual instructs pilots facing a jammed rudder to overpower the system by applying "maximum force." Their Max family has been plagued by safety concerns since the two crashes of its 737 Max jetliners in 2018 and 2019 that killed a total of 346 people. Some bombshell allegations were publicized in a sprawling 204-page report released on June 17 by the Senate subcommittee that investigated Boeing's safety and quality practices. AdvertisementMerle Meyers, a former Boeing quality manager, said that Boeing's manufacturing team regularly tried to retrieve bad parts from a "reclamation" area even after they were thrown out.

Persons: —, Jennifer Homendy, Michael Whitaker, Homendy, Boeing Guy Gratton, Gratton, It's, Max, Max jetliners, Sam Mohawk, Merle Meyers Organizations: Transportation, Boeing, Service, Transportation Safety Board, NTSB, Federal Aviation Administration, FAA, United Airlines Boeing, Max, Newark Liberty International, Collins Aerospace, United Airlines, Cranfield University, Federation Aviation Administration, National Transportation Safety, Alaska Airlines, Boeing Boeing Locations: New Jersey, USA, Alaska

☆ Photos show Israel's F-15I Ra'am 'Thunder' fighter jets used to target Hezbollah leaders in Lebanon
▼ + stars: | 2024-10-01 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The Israeli Air Force used F-15I Ra'am fighter jets to target Hezbollah leaders in Lebanon. The Israeli variant of Boeing F-15E Strike Eagle planes can fly up to 2,765 miles without refueling. The State Department approved the sale of 50 new F-15I planes to Israel in August. Go to newsletter preferences Thanks for signing up! AdvertisementThe Israeli Air Force features advanced fighter jets acquired from the US and enhanced with military technology manufactured in Israel.

Persons: — Organizations: Israeli Air Force, Boeing, State Department, Service Locations: Lebanon, Israel

☆ CNN aboard Israeli tanker for strike on Houthi-controlled port in Yemen
▼ + stars: | 2024-09-30 | by ( Nic Robertson | ) edition.cnn.com time to read: +7 min

Israeli Air Force security regulations are so tight neither I nor Lt. Col. Nadav Shoshani, the IDF spokesman accompanying me, are allowed to bring our cellphones aboard. In its new guise as an Israeli tanker, signs remain of the aircraft’s past life, a reminder of its age. The seats are stripped out, its long body fitted with huge, pressurized fuel tanks, essential for Israel to project its firepower. He jockeys the two long levers beside his seat and steers the nozzle toward the gas-hungry fighter jet’s fuel port. Airstrikes in Hodeidah, Yemen.

Persons: –, Israel, Nadav Shoshani, Benjamin Netanyahu’s, ” Netanyahu, Netanyahu, Ras Issa, Hodeidah, Herzi Halevi, ” Halevi, Shoshani Organizations: Sea CNN, Boeing, Israel Defense Forces, Israeli Air Force, United Nations General Assembly, UN, CNN, Ben Gurion International, Air Force Locations: Saudi, Israel, Gaza, Lebanon, Yemen, Tunis, Iran, Hodeidah Port, Tel Aviv, Red, New York, Hodeidah

☆ A United Airlines pilot ordered pizza for all his passengers after an emergency landing left them stranded
▼ + stars: | 2024-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A United Airlines pilot ordered pizza for over 100 passengers after an emergency landing. AdvertisementA United Airlines pilot ordered pizza for over 100 passengers after their flight made an emergency landing. Stamos said that there was a medical emergency on board which saw the passengers deplaned at Albuquerque for around seven hours. "Most organizations do not go above and beyond, but that captain did not hesitate," she told Fox News. Stamos told Fox News that upon landing, the pilot thanked everyone for their patience, and several passengers shook his hand as they left.

Persons: —, Max, Tanya Stamos, Stamos Organizations: United Airlines, Service, Boeing, Fox News, Business Locations: San Francisco, Houston, Albuquerque

☆ An Asian airline hopes launching one of the world's longest narrowbody routes will actually be a comfort upgrade for passengers
▼ + stars: | 2024-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air Astana is launching one of the world's longest narrowbody routes from Almaty to London. AdvertisementAir Astana is launching one of the world's longest narrowbody routes with the aim of increasing comfort for passengers. The Kazkhstani flag carrier announced last Wednesday that it will use an Airbus A321LR on its route from Almaty to London. Plus, Air Astana is a relatively small carrier, as it only has three widebody jets, all Boeing 767s. European budget airline Wizz Air earlier this month announced its first route utilizing the Airbus A321XLR on seven-hour flights.

Persons: —, that's, József Váradi Organizations: Air Astana, Airbus, Service, Boeing, British Airways, Wizz, Air, Kazakhstani Locations: Almaty, London, Aktau, Kazakhstan, Dallas, Fort Worth, Jeddah, Saudi Arabia

☆ Urgent Boeing safety issue isn’t being taken seriously by the FAA, key regulator says
▼ + stars: | 2024-09-30 | by ( Pete Muntean | ) edition.cnn.com time to read: +1 min

New York CNN —The head of the National Transportation Safety Board blasted the Federal Aviation Administration, saying the agency is not taking seriously enough the potential for jammed flight controls on some Boeing 737s. In a new letter shared with CNN, NTSB Chair Jennifer Homendy wrote FAA Administrator Mike Whitaker to say that the regulator failed to act when the pilots of a United Airlines Boeing 737 MAX reported that their rudder pedals became stuck when coming in for a landing in Newark, New Jersey on February 6. Last Thursday, the NTSB issued an “urgent” safety warning, saying that some 737s equipped with certain rudder actuators could careen off the runway on landing – the latest black eye for Boeing’s embattled 737 MAX line after a door plug blowout in January and two fatal crashes abroad. “I am disappointed that it does not appear that the FAA has initiated urgent actions to address the risk of jammed rudder controls in the 6 months since our preliminary report on this incident was issued,” Homendy wrote. The FAA said, “we thank the NTSB for the recommendations, and we are taking them seriously.”

Persons: Jennifer Homendy, Mike Whitaker, “, ” Homendy, Homendy, ” Organizations: New, New York CNN, National Transportation Safety Board, Federal Aviation Administration, Boeing, CNN, United Airlines Boeing, MAX, NTSB, FAA, United Airlines Locations: New York, Newark , New Jersey

☆ SpaceX Crew-9 mission heads toward ISS to join Starliner astronauts
▼ + stars: | 2024-09-29 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

Meanwhile, Crew-9’s SpaceX Crew Dragon capsule has spent about one day traveling through orbit as it prepares to dock with the International Space Station. SpaceX/NASATogether, Hague, Williams, Wilmore and Gorbunov will complete SpaceX’s Crew-9 team. The group will spend about five months on board the space station before returning home no earlier than February. Williams and Wilmore first traveled to the International Space Station in early June aboard a Boeing Starliner spacecraft for what was expected to be a weeklong test mission. The three arrived at the space station aboard a Russian Soyuz vehicle on September 11.

Persons: Suni Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, today’s, Stephanie Wilson, Cardman, Wilson, Zena Cardman, ”, Don Pettit, Aleksey Ovchinin, Ivan Vagner, Pettit Organizations: CNN, Station, Boeing, SpaceX, NASA, Hague, Cape Canaveral Space Force, International Space, International, Kennedy Space Center, International Space Station, Russian Soyuz Locations: Cape, Florida, Hague, Russian

☆ Trump threatened John Deere. It’s just his latest attempt to bully a legendary American company
▼ + stars: | 2024-09-29 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

Trump, more so than any American president in modern history, has directly targeted individual US businesses, threatening them with everything from boycotts and canceled federal contracts to unthinkably high tariffs. Deere, the farm equipment maker founded nearly 200 years ago, became just the latest storied brand to get singled out by Trump. Bigger picture, the attack on Deere fits a broader pattern of Trump bullying companies when it suits him. “John Deere is an outstanding company. “Ultimately, it would lead to fewer sales, less revenue, less growth and fewer employees for John Deere,” said McDaniel, now a senior research fellow at George Mason University’s Mercatus Center.

Persons: New York CNN —, John Deere, they’ve, Donald Trump, Trump, “ Trump, Bill George, “, Nordstrom, Ken Frazier, Donald J, Trump’s, Julian Zelizer, Harry Truman, John F, Kennedy, Teddy Roosevelt, ”, Zelizer, ” Zelizer, ’ Trump, “ I’m, we’ll, ” Trump, George, “ John Deere, ” Christine McDaniel, George W, Bush, Deere, McDaniel, George Mason University’s, Billionaire Mark Cuban, Kamala Harris, Washington, Mary Lovely, ” Lovely Organizations: New, New York CNN, New York CNN — Apple, General Motors, Facebook, Trump, Deere, CNN, White, Apple, San Bernardino, FBI, US Postal Service, Boeing, Air Force, Motors, Merck, Meta, CNBC, Google, Princeton University, Harvard University, Center, Billionaire, Fox News, Street Journal, Peterson Institute for International Economics Locations: New York, Midwest, Mexico, San, Charlottesville , Virginia, United States, Pennsylvania, American, North America, Canada

☆ SpaceX set to launch mission that will bring home Starliner astronauts
▼ + stars: | 2024-09-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —A SpaceX mission due to take flight Saturday aims to unite the Boeing Starliner astronauts with the spacecraft that will bring them home. NASA’s Suni Williams and Butch Wilmore have already been on the International Space Station more than 100 days longer than expected. The two rode the Starliner to the International Space Station in early June for what was expected to be about a weeklong test flight. At liftoff, Hague and Gorbunov will be strapped inside the SpaceX Crew Dragon spacecraft, nicknamed Freedom, as it sits atop a Falcon 9 rocket. Gorbunov and Hague will join them after docking with the space station, set for Sunday.

Persons: NASA’s Suni Williams, Butch Wilmore, Helene, ”, Steve Stich, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, Stephanie Wilson, Zena, Cardman, “, Nick, Alex, ” Cardman, Wilson, I’m, ” Williams Organizations: CNN, SpaceX, Boeing, Space, Cape Canaveral Space Force, NASA, Mission, International Space Station, International, Station, Engineers, Ad astra, Hague Locations: Florida, United States, Hague, Russian

☆ SpaceX launches half-empty spaceship so it can bring Boeing's astronaut crew home next year
▼ + stars: | 2024-09-28 | by ( Morgan Mcfall-Johnsen | Lauren Edmonds | ) www.businessinsider.com time to read: +8 min

SpaceX launched a half-empty Crew Dragon for two Boeing astronauts awaiting a trip home. AdvertisementSpaceX just launched a half-empty Crew Dragon spaceship into orbit for two astronauts who have been waiting for a trip home. Normally, Crew Dragon carries four astronauts to space at a time, but for the launch on Saturday, only two were aboard. Boeing's Starliner spacecraft docked to the International Space Station, as seen from a window on a SpaceX Crew Dragon. Astronauts left behindMeanwhile, two NASA astronauts who were supposed to be part of the Crew-9 mission had to stay behind.

Persons: —, Dragon, It's, Nick Hague, Aleksandr Gorbunov, Butch Wilmore, Suni Williams, Williams, Wilmore, Starliner, NASA Wilmore, NASA What's, Elon Musk, bTXWAfxfrh — Elon, uncrewed, Steve Stich, we'd, " Stich, Zena Cardman, Stephanie Wilson, Cardman, NASA's, Wilson, Hague Organizations: SpaceX, Boeing, NASA, Service, International, ISS, Starliner, Astronauts, Hague Locations: New Mexico, SpaceNews, Gorbunov

SpaceX is set to launch two new crew members to the International Space Station on Saturday, in a capsule that will eventually bring home two NASA astronauts who flew to orbit on Boeing’s problem-plagued Starliner spacecraft. On their return flight back to Earth, NASA astronauts Butch Wilmore and Suni Williams will ride with them. After numerous delays, NASA opted to keep the two astronauts at the space station. Originally, the Crew-9 flight was supposed to carry four crew members to the space station, but in order to leave seats open for Wilmore and Williams, two NASA astronauts will have to wait for a future launch. Suni Williams, left, and Butch Wilmore at Space Launch Complex 41 in Cape Canaveral, Fla., on June 5.

Persons: Nick Hague, Aleksandr Gorbunov, Miguel J, Rodriguez Carrillo, Butch Wilmore, Suni Williams, Williams, Chris O'Meara, Hurricane Helene, Helene Organizations: SpaceX, International, NASA, Florida’s Cape Canaveral Space Force, Expedition, Kennedy Space Center, Getty, Hague, Boeing Locations: Florida’s, Cape Canaveral, Fla, Gorbunov, Hurricane, Florida’s Big Bend

☆ Elon Musk's plan to dominate the in-flight internet market gained another customer. Here's every airline using Starlink.
▼ + stars: | 2024-09-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air France announced it will offer free ultra-high-speed WiFi via Elon Musk's Starlink from 2025. Air France announced that from 2025, it will offer ultra-high-speed WiFi free of charge to customers in every cabin. Musk celebrated the deal in a post on X, replying to Air France's post by saying: "Air France is installing Starlink!" The announcement comes just two weeks after United Airlines also confirmed it was signing up to become a Starlink customer. As of the Air France announcement, here are all the airlines that have publicly announced deals with Starlink:

Persons: Elon Musk's, —, Elon Musk's Starlink, Musk, you'll, Scott Kirby Organizations: Air France, Elon, Elon Musk's Starlink, United Airlines, Qatar Airways, Hawaiian Airlines, Service, SpaceX, Viasat, Boeing, Air, Starlink Locations: Starlink, Air France

☆ Trade Tracker: Brenda Vingiello sells Boeing and buys Eaton
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Brenda Vingiello sells Boeing and buys EatonBrenda Vingiello, Chief Investment Officer at Sand Hill Global Advisors, joins 'Halftime Report' to break down her latest portfolio move

Persons: Brenda Vingiello, Eaton Brenda Vingiello Organizations: Boeing, Global Advisors Locations: Sand

☆ Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future
▼ + stars: | 2024-09-26 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +6 min

DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. He had served as CEO of AirTran, the airline Southwest combined with in 2011, and was a consultant to Southwest after the merger. Southwest has supported Jordan despite calls for his replacement by Elliott, which didn’t immediately respond to the airline’s plan it laid out on Thursday. He called Southwest’s plan intentional and detailed.

Persons: ”, Ryan Green, “, Bob Fornaro, Fornaro, Bob Jordan, Jordan, Elliott, didn’t, ” Jordan, “ We’ve, — CNBC’s Rohan Goswami Organizations: DALLAS, Southwest Airlines, Wall, Elliott Investment Management, Federal Aviation Administration, Southwest, Spirit Airlines, AirTran, Boeing Locations: Southwest, Atlanta, Dallas, Hawaii

☆ Harris and Trump want to make stuff in America again. That’s really hard to do
▼ + stars: | 2024-09-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

And it’ll be tough for either Vice President Kamala Harris or former President Donald Trump to turn that around if elected, no matter their grandiose campaign promises. Put together, such investments have resulted in a sharp pick-up in construction spending by manufacturers, according to government data. Manufacturing’s main pain points are sluggish demand and elevated interest rates, according to recent manufacturing surveys by the Institute for Supply Management and S&P Global. And, of course, there are issues specific to certain sectors of the manufacturing industry. It could get better, but it’s not clear whenIt’s not all doom and gloom for the manufacturing industry.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, haven’t, hasn’t, Harris, ” Harris, Trump, ” Chris Williamson, ” Timothy Fiore, There’s, ” Lauren Goodwin, ” Organizations: Washington CNN, Act, Congress, Private, Manufacturers, Labor Department, Institute for Supply Management, P, P Global Market Intelligence, ISM’s Manufacturing, Survey, P Global, Boeing, Federal, New York Life Investments Locations: America, Pittsburgh, Savannah, China, Pennsylvania, Korea, North Carolina, Germany, Georgia

☆ NTSB issues ‘urgent’ safety warning for some Boeing 737s, including MAX, in latest blow to struggling planemaker
▼ + stars: | 2024-09-26 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

CNN —The National Transportation Safety Board is issuing “urgent safety recommendations” for some Boeing 737s—including the embattled 737 MAX line— warning that critical flight controls could jam. The independent investigative agency is issuing the warning that an actuator attached to the rudder on some 737 NG and 737 MAX airplanes could fail. The warning is the latest black eye for Boeing. The NTSB is recommending that Boeing come up with an alternative solution and warn pilots about the issue. That scrutiny grew after a door plug blew off a 737 Max operated by Alaska Airlines shortly after takeoff on January 5.

Persons: “, ’, ”, Max, CNN’s Chris Isidore Organizations: CNN, Transportation Safety, Boeing, NTSB, United Airlines, FAA, Alaska Airlines, Federal Aviation Administration, US Justice Department Locations: Newark

☆ We plan to monetize every aircraft delivery, says Southwest CEO Bob Jordan
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe plan to monetize every aircraft delivery, says Southwest CEO Bob JordanSouthwest CEO Bob Jordan joins 'Closing Bell Overtime' and CNBC's Phil LeBeau to talk its three-year plan, battling with activist investors, recent troubles at Boeing and more.

Persons: Bob Jordan, Phil LeBeau Organizations: Boeing

☆ Southwest's new premium seats come with a catch for everyone else
▼ + stars: | 2024-09-26 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Southwest Airlines introduces premium seating with extra legroom to boost revenue. Southwest said Thursday that about a third of its planes will get extra-legroom seats that boast at least five inches of extra pitch. Southwest is adding some typical industry perks to its planes, like inflight power and extra legroom seats. Southwest Airlines"On our larger aircraft, we didn't have to give up any seats," Southwest executive vice president for commercial transformation Ryan Green said during Thursday's Investor Day. AdvertisementIts future 737 Max 7 will have 48 extra legroom seats, also with 34 inches.

Persons: —, Ryan Green, you'd, Green, Max, Kevin Carter Organizations: Southwest Airlines, Service, Airlines, Boeing, Max, Southwest Airline Boeing, JetBlue Airways Locations: Southwest, Chicago

☆ FAA chief says Boeing and SpaceX should be treated the same after Elon Musk accuses regulator of playing favorites
▼ + stars: | 2024-09-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

FAA administrator Mike Whitaker said Boeing and SpaceX should be treated equally after Elon Musk attacked the regulator for fining his rocket company "for trivia" and said it should focus on Boeing's Starliner issues instead. In a post on X last week, Musk railed against the FAA's proposed $633,000 fine for SpaceX over two instances where the rocket company violated its launch licenses. Advertisement"NASA deemed the Boeing capsule unsafe for astronaut return, turning, out of necessity, to SpaceX, yet instead of fining Boeing for putting astronauts at risk, the FAA is fining SpaceX for trivia," the billionaire SpaceX founder wrote. SpaceX is also engaged in a war of words with the aviation regulator over delays to the next launch of Starship, the giant rocket Musk wants to use to travel to Mars. The FAA and SpaceX did not immediately respond to requests for comment sent outside normal working hours.

Persons: —, Elon Musk's, Mike Whitaker, Elon Musk, Whitaker, Musk, Butch Wilmore, Sunita Williams, Starliner Organizations: Service, Federal Aviation Administration, Boeing, SpaceX, FAA, Business, Reuters, NASA Locations: Texas

☆ Etihad reveals $7 billion investment plan over five years, will retrofit old Boeing jets
▼ + stars: | 2024-09-25 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +1 min

Etihad Airways on Wednesday revealed a $7 billion investment plan over the next five years in a bid to "double the size of the airline until 2030." Speaking to CNBC's Dan Murphy, Etihad's Group Chief Executive Officer Antonoaldo Neves revealed passengers should expect "a totally different airline" within the next two to three years. Much of the $7 billion will go into revamping its existing fleet of planes, as well as the purchase of new aircraft further down the line, he said. But Neves is aiming for the skies, with the hope of having up to 170 planes by the end of the decade. Neves said Etihad will begin retrofitting and revamping "dated" Boeing 777 planes from 2026 onward, this is due to what he described as "the constraints that we have in the global aviation market."

Persons: CNBC's Dan Murphy, Antonoaldo Neves, Abu, Neves Organizations: Etihad Airways, Etihad's, Etihad, Boeing, United Arab Locations: Abu Dhabi, Europe, Southeast Asia, United Arab Emirates

☆ Southwest is making big route changes as it prepares to reveal new details of its turnaround plan
▼ + stars: | 2024-09-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

The budget airline plans to cut some 340 pilots and flight attendants from its busy Atlanta base, CNBC first reported Wednesday. Southwest was the second-largest operator in Atlanta behind Delta Air Lines, leaving customers will fewer choices out of the world's busiest airport. The airline also left four airports in August as part of a cost-cutting and restructuring plan, including Bellingham International Airport in Washington state, Mexico's Cozumel International Airport, Houston's George Bush Intercontinental Airport, and Syracuse Hancock International Airport in New York. AdvertisementDespite its shrinking network, Southwest is boosting flights where it has an edge. Further changes are likely to be announced at an investor day on Thursday, which will lay out Southwest's future as we know it.

Persons: —, Houston's George, Elliott Organizations: Service, CNBC, Business, Bloomberg, Delta Air Lines, Chicago O'Hare, Bellingham International Airport, Houston's George Bush Intercontinental Airport, Syracuse Hancock International Locations: Atlanta, Chicago, Southwest, Bellingham, Washington, Cozumel, New York, Nashville, Hawaii

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