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April 14, 2021

Aerospace and defense industry

Open middle seats could reduce Covid exposure of maskless air travelers, CDC study shows

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CNBC – For more and to sign up click here View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Keeping middle seats open on aircraft could reduce passengers’ exposure to the virus that causes Covid-19 by......

American Airlines ramps up domestic schedule to nearly pre-pandemic levels

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CNBC – For more and to sign up click here An American airlines Airbus A321-200 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images American Airlines is expanding its summer schedule in a bet that the resurgence of......

Cramer sees upside in Boeing after stock pulled back on new 737 Max issue

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CNBC – For more and to sign up click here CNBC’s Jim Cramer advised buying the dip in Boeing after shares traded lower for two straight sessions. “Even with some short-term turbulence, Boeing’s perfectly positioned as the great reopening goes into full swing,” the “Mad Money” host said Monday. Dozens......

DARPA awards nuclear spacecraft contracts to Lockheed Martin, Bezos’ Blue Origin and General Atomics

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CNBC – For more and to sign up click here An artist’s rendering of a DRACO spacecraft. DARPA The Pentagon’s research and development arm on Monday awarded a trio of companies with contracts to build and demonstrate a nuclear-based propulsion system on a spacecraft in orbit by 2025. General Atomics,......

Northrop Grumman robotic MEV-2 spacecraft, in a first, catches active Intelsat satellite

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CNBC – For more and to sign up click here The view from Northrop Grumman’s MEV-2 spacecraft as it approached to dock with Intelsat satellite IS-1002. Intelsat Two aerospace firms accomplished an industry first on Monday, as a small Northrop Grumman spacecraft docked successfully with an active Intelsat satellite to......

Proof of Covid-19 vaccination, tests should only be temporary travel requirements, industry group says

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CNBC – For more and to sign up click here In this photo illustration, a message saying “COVID-19 PCR test result has been verified, of Travel Pass app mobile application by IATA (International Air Transport Association) seen displayed on a smartphone screen in front of IATA logo. Pavlo Gonchar |......

SpaceX does not plan to add ‘tiered pricing’ for Starlink satellite internet service, president says

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CNBC – For more and to sign up click here SpaceX president and COO Gwynne Shotwell wants what SpaceX is doing to “reinvigorate the industry,” while also getting “young children thinking about being in the space industry again.” Kimberly White | Vanity Fair | Getty Images SpaceX president Gwynne Shotwell......

Several airlines’ booking sites down due to Google software issue

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CNBC – For more and to sign up click here Travelers wearing protective masks walk past a sign pointing towards a Covid-19 testing location in Terminal 5 at John F. Kennedy International Airport (JFK) in New York, March 26, 2021. Angus Mordant | Bloomberg | Getty Images Google said it......

American Airlines to use nonunion pilots for some test flights, drawing criticism

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CNBC – For more and to sign up click here American Airlines Boeing 737-800 aircraft Nicolas Economou | NurPhoto via Getty Images American Airlines this month will stop using unionized pilots to perform certain test flights, a move the aviators’ union argues would reduce the independence of these reviews. Starting......

United Airlines tells staff it’s hiring hundreds of pilots next month as carrier plans for a travel recovery

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CNBC – For more and to sign up click here A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Thursday told staff it will soon begin hiring hundreds of pilots — a process the airline was forced......

Frontier Airlines raises $570 million in IPO, starts trading today

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CNBC – For more and to sign up click here Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images Frontier Airlines’ parent company said it raised $570 million in an initial......

End of a Covid era: Delta to stop blocking middle seats on May 1

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CNBC – For more and to sign up click here The passenger cabin on a Delta Boeing 737-900ER is shown while landing in Salt Lake City, Utah, U.S., January 10, 2018. Mike Blake | Reuters Delta Air Lines said Wednesday it will stop blocking seats on its planes starting May......

Ark Invest’s space exploration ETF ARKX begins trading today, slips 1%

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CNBC – For more and to sign up click here Trading in the new space exploration ETF from Ark Invest began on Tuesday, as Cathie Wood’s firm looks to tap the growing space industry. “Space is already an invisible backbone to our economy and we think that’s only going to......

SpaceX Starship prototype appears to crash upon landing after another clean, uncrewed launch

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CNBC – For more and to sign up click here The latest SpaceX prototype of its Starship rocket appears to have been destroyed during a landing attempt after a clean launch on Tuesday. The company’s livestream of the flight test froze as it came in to land, and thick fog......

Watch SpaceX attempt to launch and land Starship rocket SN11, its second prototype flight this month

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CNBC – For more and to sign up click here [This livestream is expected to begin shortly. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Tuesday, in the second high-altitude......

Virgin Galactic unveils ‘VSS Imagine,’ the first of its next-generation spaceship series

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CNBC – For more and to sign up click here The first SpaceShip III vehicle, VSS Imagine. Virgin Galactic Virgin Galactic on Tuesday unveiled the latest spacecraft addition to its fleet, VSS Imagine, with the spacecraft representing the first of its next-generation SpaceShip III class of vehicles. The rollout of......

SpaceX should be forced to comply with Justice Department subpoena in probe of company’s hiring practices, judge recommends

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CNBC – For more and to sign up click here A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images SpaceX should be forced to comply with a subpoena from the......

Southwest Airlines agrees to buy 100 of Boeing’s smallest 737 Max model

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CNBC – For more and to sign up click here Federal Aviation Administration (FAA) Chief Steve Dickson, sitting inside the flight deck of a Boeing 737 MAX aircraft, conducts a pre-flight check ahead of an evaluation flight from Boeing Field in Seattle, Washington, September 30, 2020. Mike Siegel | Pool......

Cathie Wood’s ARK Invest launches a space exploration ETF, to begin trading Tuesday

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CNBC – For more and to sign up click here Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration......

United Airlines flies to JFK for the first time since 2015, taking advantage of pandemic lull

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CNBC – For more and to sign up click here A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines on Sunday is set to fly to New York’s John F. Kennedy International Airport......

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