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Though aerospace and defense funds understandably haven't done well in this year's faltering market, some individual stocks have posted substantial gains. U.S. support in what's turning out to be a long war in Ukraine will likely push overall contractor spending higher, benefitting aerospace and defense companies. In this era of high-tech warfare, when strategic military engagement is more about digital systems and aerial weapons than boots on the ground, aerospace and defense companies are advantageously positioned. Lucrative products include fighter jets, helicopters, parts for them, avionics products, missile guidance system, drones and anti-drone technology and support services. Curtiss-Wright Corp (CW) Projected five-year annual earnings growth: Data was not available.
Persons: Lockheed Martin, Giuseppe Cacace, Northrup Grumman, Howmet's, Wright, Woodward, Gerald R, Ford Organizations: US Air Force, USAF, Lockheed, Maktoum International Airport, Afp, Getty, U.S, Publicly, General Dynamics, TransDigm, Inc, Parsons Corp, U.S . Department of Defense, Missile Defense Agency, State Department, Department of Homeland Security, Department of Energy, Federal Aviation Administration . Products, Aerospace, Curtiss, Wright Corp, CW, N.C . Products, Woodward Inc, Huntington Ingalls Industries, Coast Guard, Ford, Pentagon Locations: Dubai, Al, Maktoum, Ukraine, Israel, Gaza, what's, Virgina, Washington, Davidson, N.C, Fort Collins , Colorado
Southwest airline pilots approach to land at San Diego International airport in San Diego, California, U.S., May 18, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsDec 1 (Reuters) - Southwest Airlines (LUV.N) and its pilots' union were nearing a new labor deal ahead of the holiday season, a person familiar with the negotiations said on Friday. The company remains committed to reaching a deal that rewards its pilots and places them competitively in the industry, it added. Earlier this year, major carriers American Airlines, Delta, and United Airlines successfully reached agreements with their respective pilot unions. CNBC first reported that Southwest was nearing a new contract with the union.
Persons: Mike Blake, Pratyush Thakur, Rajesh Kumar Singh, Krishna Chandra Eluri, Arun Koyyur Organizations: San Diego International, REUTERS, Southwest Airlines, Southwest, Transport Workers Union Local, American Airlines, United Airlines, CNBC, Thomson Locations: San Diego , California, U.S, Delta, Bengaluru, Chicago
The National Transportation Safety Board on Wednesday released more than 2,000 pages of interviews, transcripts, air traffic control recordings, and flight track data it has collected on the February 4 incident. The crew of the landing FedEx aircraft, a 767 cargo jet with three crew members onboard, told investigators the plane was on autopilot for the approach into Austin-Bergstrom International Airport. Concurrently, the FedEx crew aborted their landing. “Rollin now,” the Southwest crew replied, according to a transcript of the radio exchanges published by the NTSB. Campbell also told investigators that he was working an overtime shift.
Persons: Robert J, Bradeen, Jr, , ” Bradeen, , Damian Campbell, ” Campbell, Campbell, “ Rollin Organizations: CNN, National Transportation Safety, FedEx, Austin, Bergstrom International Airport, Southwest Airlines, Southwest, , NTSB Locations: Austin
KUALA LUMPUR (Reuters) - A total of 121 people, mostly Malaysians suspected of being victims of job scams, were evacuated from Myanmar on Friday after being stranded by fighting between the military and rebel groups in the country's north, Malaysia's foreign ministry said. The mission came amid continuous fighting in northern Myanmar after an alliance of armed ethnic groups launched an offensive in late October. The groups have seized control of several towns and military outposts near the country's border with China, disrupting trade. Malaysia's deputy foreign minister Mohamad Alamin said the rescued group were among 128 people stranded in Laukkaing, a town in Myanmar's northern Shan state, state news agency Bernama reported on Friday. Hundreds of Malaysians have been rescued from cybercrime and job scam networks across Southeast Asia in recent years.
Persons: Mohamad Alamin, Bernama, Malaysia's, Mohamad, Rozanna Latiff, Gerry Doyle Organizations: Reuters Locations: KUALA LUMPUR, Myanmar, Indonesian, Kuala Lumpur, Kunming, China, Laukkaing, Shan, Southeast Asia
An arguing couple forced a Lufthansa A380 to be diverted to Delhi, per The Times of India. The husband shouted at his wife, threw food, and tried to set a blanket on fire with a lighter, the paper reported. Lufthansa confirmed an incident involving an "unruly passenger" on the flight to Business Insider. AdvertisementA Lufthansa flight was forced to divert on Wednesday after a severe argument between a husband and wife, The Times of India reported. It prompted pilots to tell air traffic control at Indira Gandhi International Airport in Delhi, India about a "situation and possible unruly passenger," per The Times of India.
Persons: Organizations: Lufthansa, Business, Service, Airbus, Indira Gandhi International, Indian Express, Delhi Police Locations: Delhi, India, Times, Munich, Germany, Bangkok, Thailand, Thai, Flightradar24
Europe has required new airplanes to collect 25 hours of cockpit voice recordings since 2021. FAA Administrator Mike Whitaker said the change will "give us substantially more data to identify the causes of incidents." After one runway incident, the NTSB said the cockpit voice recordings in both planes were overwritten and not recovered because the devices record only two hours. "More data will not only help identify causes but better enable operators to address any safety deficiencies," Homendy said. When cockpit voice recorders were first implemented in 1966, they could only record 30 minutes, the FAA said.
Persons: Jim Vondruska, Mike Whitaker, Jennifer Homendy, Homendy, David Shepardson, Bill Berkrot Organizations: Federal Aviation Administration, FAA, REUTERS, Rights, National Transportation Safety Board, International Civil Aviation Organization, NTSB, Thomson Locations: Chicago , Illinois, U.S, United States, Europe
The US Air Force is developing more dispersed bases to counter the threat posed by China's missiles. US engineers quickly began building what became the biggest and busiest air base of the war. "Air Force engineers are scheduled to remove the vegetation that have penetrated through the cracks and joints of the old pavement surfaces," Peden added. Money is allotted for work at Tindal air base — including $93 million to build a parking apron for six B-52 bombers — and Darwin air base, both of which are in Australia's Northern Territory. The Air Force is working with the rest of the military to address those challenges, Thomas Lawhead, acting deputy chief of staff for Air Force Futures, said at an event this month.
Persons: , Gen, Kenneth Wilsbach, Wilsbach, Lance Cpl, J, Gage, Capt, Gerald Peden, Peden, Jason Robertson, Cesar Basa, Michael S, Murphy, Frank Kendall, Kendall, Sgt, JT May III, Thomas Lawhead, Joseph P, Lawhead Organizations: US Air Force, China's, Service, Airport, US Pacific Air Forces, an Air and Space Forces Association, Field, International Airport, Commonwealth of, Marines, Air Force, Google, Air, Tinian's, US Marine Corps, KC, Pacific Air Forces, Tech, Northwest Field, Tindal, Pentagon, Air Force Futures, Army Locations: Tinian, SkyFi, Japan, Hiroshima, Nagasaki, West, Commonwealth, Northern Mariana Islands, Pacific, , Guam, Northern Territory, Philippines, Manila, Philippine, China, North Korea, Northern Mariana
An American Airlines passenger was arrested this week in connection to an attack on a staffer. The Miami-Dade Police Department report says the chaos unfolded before American Airlines Flight 2213 took off for New York City. Advertisement"Acts of violence against our colleagues are not tolerated by American Airlines and we are committed to working closely with law enforcement in their investigation," the spokesperson said. The FAA has 'zero-tolerance' for unruly passengersThe Federal Aviation Administration has a "zero-tolerance" policy for unruly passenger behavior. So far this year, the FAA has received about 1,900 unruly passenger reports, stats show.
Persons: , It's, couldn't Organizations: American Airlines, Service, Florida's, International, Business Insider, Miami - Dade Police Department, American, Police, Miami International Airport, FAA, Federal Aviation Administration Locations: Connecticut, Miami, New York City
That is because in his four years working the tower at Austin-Bergstrom International Airport, the controller said, Southwest planes usually took off as soon as they got permission. “But hindsight being 20/20,” controller Damian Campbell told investigators, he “definitely could have held them,” referring to making the Southwest crew wait. Campbell said he couldn't even see the Southwest plane through the dense early morning fog on Feb. 4. Political Cartoons View All 1273 ImagesThe National Transportation Safety Board released transcripts of interviews and other details of its investigation Wednesday. “We had this dense ground fog ... you couldn't see anything,” Campbell told investigators.
Persons: Damian Campbell, , Campbell, Bergstrom, ” Campbell, Organizations: DALLAS, FedEx, Southwest, Bergstrom International Airport, Transportation Safety, NTSB, Federal Aviation Administration, FAA, Navy, Austin Locations: Texas, Austin, Southwest, Cancun, Mexico
A man was sentenced to three months in a Dubai prison after he insulted airport staff last year. The incident happened when airport staff were slow to bring his mom a wheelchair, reports say. AdvertisementA British tourist was sentenced to three months in a Dubai prison after he insulted airport staff who were slow to bring his mom a wheelchair, according to The National. He was initially fined for the incident, in which he cursed at an airport employee in a transit area of Dubai International Airport in February last year, according to MailOnline. "When I tried to explain it to him, he insulted me using very bad language," the airport employee said, according to the newspaper.
Persons: , MailOnline Organizations: UAE, Service, Dubai, of Appeal, Dubai International Airport, New Locations: Dubai, UAE, British, New York
REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Nov 29 (Reuters) - U.S. budget wrangling could further delay funding approval for new agreements with Pacific island nations meant to counter Chinese influence, creating an opportunity for Beijing in the strategically vital region, congressional and other sources say. But congressional sources say this looks impossible as lawmakers argue over spending priorities, raising concerns that a further delay could create an opening for China, which has been wooing financially strapped Pacific economies. "It's feeling pretty dead in the NDAA context," the source said, adding that focus had turned to finding other legislation to secure the COFA funding. "It is really incomprehensible given the amount we're talking about ... why Congress cannot get its act together," Yun said. "What we risk is China getting in where we really don't want them – in places like Palau, RMI, FSM.
Persons: Mike Pompeo, Jonathan Ernst, Biden, Mike Johnson's, Joseph Yun, Yun, David Brunnstrom, Michael Martina, Patricia Zengerle, Don Durfee, Daniel Wallis Organizations: U.S, Pohnpei International, REUTERS, Rights, Federated, Marshall, RMI, Washington, Free Association, National Defense, Reuters, Republicans, Natural Resources, Foreign Affairs, New Republican, Biden, State Department, White House National Security Council, Thomson Locations: Pohnpei, Kolonia, States, Micronesia, Pacific, Beijing, Federated States, Palau, China, Ukraine, U.S, Hawaii, Philippines, Washington
And American Airlines said it canceled fewer flights than any other Thanksgiving period in its history. Before the Thanksgiving period started, TSA Administrator David Pekoske said: "In 2023, we have already seen seven of the top 10 busiest travel days in TSA's history." The TSA's other three busiest travel days were all in 2019. And while last year's Thanksgiving travel numbers still lagged behind pre-pandemic levels, it now looks like the industry has officially recovered. Airlines saw new highs for Thanksgiving travel as well.
Persons: , David Pekoske Organizations: TSA, Chicago O'Hare, American Airlines, Service, Transportation Security Administration, Chicago O'Hare International, Airlines, United Airlines, ABC, Air Lines
I was born and raised in Virginia but I didn't appreciate it enough until I left at 22. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These are a few of the things I miss most about living in Virginia. I was less than an hour's drive away from Washington, DCThere's a special place in my heart for Washington, DC. The state has endless opportunities for outdoor adventureIf you're the outdoorsy type, Virginia has just about everything you could hope for.
Persons: , I've, Mount, Marc Guitard, Malachi Jacobs, Brian Balik, you'll, it's Organizations: Service, National Museum of, Marine Corps, Shenandoah, Travel Locations: Virginia, Washington, Northern Virginia, Charlotte , North Carolina, Mount Vernon, Colonial Williamsburg, DC, Charlotte, Shutterstock Virginia, Loudoun County, Middleburg
American Airlines aims to remove carbon from the atmosphere by working with a startup that stores bricks of plant material underground. The airline announced a deal with Graphyte on Tuesday to purchase credits equivalent to 10,000 tons of permanent carbon removal with delivery scheduled for early 2025. The plant material is dried to prevent decomposition and then converted into carbon dense bricks that are sealed with a polymer barrier. Plant byproducts from the agriculture and timber industries are typically burned or left to decompose, which returns carbon dioxide into the atmosphere. This biomass material is equivalent to 3 billion tons of potential carbon dioxide removal annually, according to Graphyte.
Persons: Jill Blickstein, Bill Gates Organizations: Traffic, Miami International Airport, Miami , Florida . American Airlines, Graphyte, Breakthrough Energy Ventures, CNBC PRO Locations: Miami , Florida
"We saw a 70% increase in money given to Hamas-linked charities," said Uzi Shaya, a former high-ranking officer in Mossad, Israel's intelligence service. Charities suspected of funneling money to Hamas often change their names, too, making them all the more difficult to monitor. Israel's National Bureau of Counter Terror Financing maintains a list of charitable organizations that it accuses of directly aiding Hamas' military. Hard lessonsEnsuring that individual Gazans have economic opportunity without simultaneously funding Hamas militants has proven to be a difficult challenge for Israel. Beyond direct funding, Israel also allowed 18,000 Gazans to enter Israel to work, again hoping that a stable economy would pacify Hamas.
Persons: John Macdougall, Uzi Shaya, Shaya, Din, Akin, Hawala, Israel, Karim Jaafar, Israel haven't, Binance, , Al, Adel Hana, Fadel Senna Organizations: Hamas, West Bank, AFP, Getty, Israeli Defense and Foreign Ministry, CNBC, Foreign Ministry, Islamic, Bureau of, Qatari Red Crescent, Gaza, Qatar Emiri Air Force, International Airport, Palestinian, Treasury Department Locations: Ramallah, Israel, Gaza, Islamic Jihad, Lebanon, Iran, Hawala, North Sinai, Egypt, U.S, Gaza City, Adel Hana An Israeli, Sderot
Residents of Freetown said on social media that a fresh round of gunshots was heard on Tuesday afternoon in the Murray Town suburb. “Thirteen soldiers were killed in action,” Sierra Leone’s army spokesman Colonel Issa Bangura told CNN Tuesday of the botched attack on the army base. Prison officials estimate that the number of fleeing inmates could be above 1,800. A cash reward has been offered for tip-offs leading to the arrest of either the assailants or prison escapees. A nationwide curfew was imposed following the series of attacks on Sunday, leading to widespread flight disruption at the Freetown International Airport.
Persons: , Umaru Fofana, , Sierra, Issa Bangura, ” Bangura, , Maada Organizations: CNN, Sierra, Facebook, Manhunt, Police, Airport, Authorities, European Union, Ecowas Locations: Sierra Leonean, Freetown, Murray Town, Sierra, Murray, Kingtom, West, West African, United States, European
It follows the successful transatlantic crossing by a Gulfstream G600 business jet using the same fuel last week. SAF is key toward reducing those emissions, but it is costly and accounts for less than 0.1% of total global jet fuel in use today. The fuel used to power Tuesday's flight is mostly made from used cooking oil and waste animal fat mixed with a small amount of synthetic aromatic kerosene made from waste corn, Virgin Atlantic said. Yet the 2030 target looks challenging given SAF's small volumes and its high cost, right now about three to five times as much as regular jet fuel. Virgin said the engines on the flight would be drained of SAF and tested before it returns to service using regular fuel.
Persons: Virgin, Richard Branson, Shai Weiss, Mark Harper, John F, Magdalena Heuwieser, Sarah Young, Joanna Plucinska, Tomasz Janowski Organizations: Virgin Atlantic, Virgin Boeing, Royce, Trent, Gulfstream G600, London Heathrow, Kennedy International Airport, Virgin, SAF, Boeing, BP, Aviation, British Airways, Air France, Union, Thomson Locations: London, New York, Dubai
EL AL FLIGHT 26—Dr. Dov Frankel settled into a seat on this overnight flight headed to Israel’s Ben Gurion International Airport from Newark, N.J. He had driven in from Baltimore, where the emergency-room physician had just worked his 12th straight shift to clear his schedule for the next two weeks. With a last-minute ticket in hand, Frankel was on his way to volunteer at Barzilai Medical Center, a hospital in Ashkelon, Israel, treating people injured following the Oct. 7 attack on Israel by Hamas, a U.S.-designated terrorist organization.
Persons: Dr, Dov Frankel, Israel’s Ben, Frankel Organizations: Israel’s Ben Gurion, Barzilai Medical, Hamas Locations: Newark , N.J, Baltimore, Ashkelon, Israel, U.S
What Your Airport Does Better Than Any Other
  + stars: | 2023-11-27 | by ( Jacob Passy | ) www.wsj.com   time to read: 1 min
Minneapolis-St. Paul International Airport has a strong record for getting flights in and out on time, despite the region’s often-snowy weather. Photo: Shari L. Gross/Minneapolis Star Tribune/ZUMA PRESSFinding an airport that gets everything right is a fool’s errand. Orlando might have great food and shopping, but it is located in an area with lousy weather. Los Angeles International outperforms other airports on fast times through security, according to federal data, but the traffic on the way to the airport can be ghastly.
Persons: Shari L, Orlando Organizations: Paul International, Gross, Minneapolis Star Tribune, Los Angeles International Locations: Minneapolis, St
The Airports Where Planes Run on Time and Fares Are Low
  + stars: | 2023-11-27 | by ( Jacob Passy | ) www.wsj.com   time to read: 1 min
Minneapolis-St. Paul International Airport has a strong record for getting flights in and out on time, despite the region’s often-snowy weather. Photo: Shari L. Gross/Minneapolis Star Tribune/ZUMA PRESSFinding an airport that gets everything right is a fool’s errand. Orlando might have great food and shopping, but it is located in an area with lousy weather. Los Angeles International outperforms other airports on fast times through security, according to federal data, but the traffic on the way to the airport can be ghastly.
Persons: Shari L, Orlando Organizations: Paul International, Gross, Minneapolis Star Tribune, Los Angeles International Locations: Minneapolis, St
A passenger opened an emergency exit and jumped out of a stationary plane in New Orleans, local authorities confirmed. The man involved was not arrested, and was taken straight to the hospital, authorities told Business Insider. AdvertisementA Southwest Airlines flight descended into panic after a passenger jumped out of an emergency exit while it was preparing to depart from New Orleans on Sunday night. Witnesses said that the man had opened an overwing emergency exit, before jumping down from the narrowbody jet and running across the tarmac, according to local outlet WWL-TV. Sunday's incident is not the first time a passenger has jumped from a plane's emergency exit this year.
Persons: , Louis Armstrong, efferson Organizations: Business, Service, Airlines, Sheriff's Office, skyway, Southwest Airlines, Boeing, Louis Armstrong New, International Airport Locations: New Orleans, Jefferson
CNN —A man on a Southwest Airlines flight opened an emergency exit door and climbed onto the plane’s wing Sunday while the aircraft was at a gate at New Orleans Louis Armstrong International Airport, authorities said. The Jefferson Parish Sheriff’s Office said it responded to a disturbance at the airport after a 38-year-old man opened the emergency exit door to access the wing and jump out. As soon as he pressed the record button, Webster said the passenger unlatched the lock to the emergency exit door and jumped out the window. When deputies made contact with the passenger on the tarmac, he appeared “incoherent and not fully aware of his surroundings,” the sheriff’s office said. Webster said the delay was about two hours and the flight arrived in Atlanta shortly before midnight.
Persons: Zed Webster, Webster, , Chris Perry, , Perry Organizations: CNN, Southwest Airlines, New Orleans Louis Armstrong International Airport, Sheriff’s Locations: New, Jefferson, Atlanta
CNN —It’s not often that the words “TSA” and “adorable” come together in the same sentence. But those two words are a natural pairing when it comes the Transportation Security Administration’s annual canine calendar. The agency announced its 2024 version on X (formerly Twitter) on Monday – and let’s just say these safety-minded, hard-working pooches are positively precious. She was “one of several TSA canines who worked at Super Bowl LVII in Phoenix” back in February, according to a TSA news release. Actually, there’s more than year’s worth of dogs as the calendar offers up a few bonus canines at the end.
Persons: CNN — It’s, let’s, Dina, Shorthaired Pointer, Harry Reid, Gina, factoids Organizations: CNN, TSA, Transportation Security, Harry, Harry Reid International, Phoenix ”, LaGuardia Locations: United States, Las Vegas, Phoenix, New York
REUTERS/Lai Seng Sin/File photo Acquire Licensing RightsKUALA LUMPUR, Nov 27 (Reuters) - Malaysia will grant visa-free entry to citizens of China and India for stays of up to 30 days starting on Dec. 1, according to Prime Minister Anwar Ibrahim. According to government data, Malaysia recorded 9.16 million tourist arrivals between January and June this year, with 498,540 from China and 283,885 from India. That compared to 1.5 million arrivals from China and 354,486 from India in the same period of 2019, prior to the pandemic. The move follows similar measures implemented by neighbouring Thailand to boost its vital tourism sector and stimulate its sluggish economy, with Chinese and Indian nationals among those exempted this year. Currently, Chinese and Indian nationals must apply for visas to enter Malaysia.
Persons: Lai Seng, Anwar Ibrahim, Anwar, Danial Azhar, Martin Petty Organizations: Kuala, Kuala Lumpur International, REUTERS, People's Justice Party, Malaysia, Thomson Locations: Kuala Lumpur, Malaysia, Singapore, Sepang, KUALA LUMPUR, China, India, Thailand
CNN —The president of Sierra Leone has described a foiled assault on a military barracks in the capital Freetown as an “attack on democracy.”In a video statement posted on X, formerly Twitter, late Sunday, President Maada Bio said most of the ringleaders had been arrested and calm restored. The news sparked fears of another potential coup attempt in West Africa. A nationwide curfew was imposed following an attack in the early hours of Sunday on the military barracks, leading to widespread flight disruption. Authorities revised the indefinite curfew, saying it would now run from 9:00 p.m. to 6:00 a.m. daily local time, starting Monday. A divisive electionPresident Bio described the incident as an “attack on democracy,” but did not state outright that it was a coup attempt.
Persons: Maada Bio, , , ” Sierra, Bio, Bio’s, Oluwole, ” Ojewale Organizations: CNN, West African, ECOWAS, ” ECOWAS, Institute for Security Studies, Locations: Sierra Leone, Freetown, West Africa, Sierra Leone’s, ” Sierra Leone, West African, ” West Africa, Guinea
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