Aerospace and defense industry

Enterprenuers

SpaceX raises another $250 million in equity, lifts total to $2 billion in 2022

A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX Elon Musk’s SpaceX…

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Enterprenuers

Space factory startup Varda secures NASA partnerships ahead of demo flight next year

Varda co-founders Varda Space Industries Early stage Varda Space Industries has signed a pair of agreements with NASA, the company…

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Enterprenuers

Virgin Galactic again delays space tourism flights, to second quarter 2023

Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021.…

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Enterprenuers

Transportation Department proposes stricter rules for airline refunds after complaints surge

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Transportation Department on Wednesday…

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Business

JetBlue forecasts return to profit in third quarter, holds back on growth as costs surge

JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko |…

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Enterprenuers

From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty…

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Enterprenuers

Space company Masten files for bankruptcy after struggle with NASA moon contract

Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a…

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Enterprenuers

A toxic culture and ‘race to the bottom’: Pilots open up on why air travel is in chaos

The chaos engulfing many major airports in North America and Europe since summer began hasn’t abated much, and news outlets…

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Business

JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department

JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16,…

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Enterprenuers

JetBlue agrees to buy Spirit in $3.8 billion deal to create 5th-largest U.S. airline

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways reached…

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