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FAA gives Boeing 90 days to come up with plan to improve safety and quality problems

The Federal Aviation Administration said Wednesday it’s giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for...

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Airbus's Helicopter Business Secures Orders From Saudi Arabia, Germany

By Mauro Orru Airbus said it has received separate helicopter orders from a company owned by Saudi Arabia's sovereign wealth fund, a German helicopter...

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Elon Musk says 'radically' different Tesla Roadster will ship in 2025

Entrepreneur and businessman Elon Musk was stirring up excitement on his X platform early Wednesday, promising Tesla’s TSLA Roadster electric sports car will...

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'Everything going to plan' at Virgin Galactic as ticket prices rise, Truist says

Virgin Galactic Holdings Inc., which reported fourth-quarter results Tuesday, is set to reap the benefits of rising ticket prices, according to Truist...

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Globalstar Stock Falls 11% After 4Q Results, Investment Plans

By Will Feuer Shares of Globalstar fell after the satellite company reported fourth-quarter results and warned that investments it is making into the company...

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Boeing Stock Gains as FAA Weighs In on Safety

The FAA is looking for Boeing to produce a comprehensive plan to improve safety and quality within 90 days.

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Odysseus has 'changed the economics' of moon landings, says Intuitive Machines

The success of Intuitive’s Odysseus moon lander will have a huge impact on the commercial space economy, according to Chief Executive Steve Altemus.

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Odysseus moon landing a catalyst for investor interest in space, analyst says

Despite its challenges, Intuitive Machines’ Odysseus moon lander is raising the profile of the space sector among investors, according to Benchmark analyst...

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FAA panel finds 'disconnect' on safety at Boeing, as workers fear retaliation

When it comes to safety culture at Boeing, there is a “disconnect” between senior management and workers, and employees responsible for checking the...

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Hanwha Aerospace Shares Rally on Solid Earnings, New Contract Hopes

By Kwanwoo Jun Hanwha Aerospace's shares rallied for a second consecutive session Tuesday on solid earnings in 2023 and hopes for brisk new contract wins in...

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