A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images The U.S. government on Friday said Boeing can once again issue airworthiness certificates for its bestselling 737 Max aircraft and 787 Dreamliners, an authority that was stripped from…
Swedish defense company Saab beat earnings expectations in the second quarter, as booming demand for military equipment propelled the fighter jet maker to another quarter of record orders backlog. Shares rose as much as 4.5% in early trading in Stockholm, while other major European defense names were in the red. New order bookings in the…
A United Airlines plane takes off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, June 9, 2026. Joe Raedle | Getty Images United Airlines‘ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday. United forecast third-quarter…
Anton Petrus | Moment | Getty Images Europe has spent years rebuilding its military in response to Russia’s invasion of Ukraine. Now, investment is increasingly converging around one technology that is seen as central to the continent’s future security: drones. A flurry of announcements over the past two weeks shows just how quickly that shift…
A Zipline precision drone with a delivery pod underneath. Zipline South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone delivery service into new U.S. and international markets. Since Zipline started up…
BETA Technologies’ all-electric ALIA CTOL conventional takeoff and landing aircraft flies over Chicago. Courtesy: BETA Technologies Beta on Friday said it wrapped up the first test flights in the U.S. government’s sweeping electric vertical takeoff and landing pilot program aimed at making the vision of flying taxis a reality. The aerospace company, which is backed…
Delta Air Lines‘ profit goal is in reach this year as the carrier passes along higher fuel costs to customers, pricing power CEO Ed Bastian expects to last even as oil prices drop from multiyear highs. “I think it’s sustainable,” Bastian told CNBC in an interview. He said fares will likely stay strong thanks to…
A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026. Marco Bello | Reuters The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president. Effective Thursday, the facility will…
After years of surging military budgets, emergency Ukraine spending and soaring defense stocks, Europe’s rearmament push must now prove it can turn hundreds of billions of euros into weapons, factories and usable military capability. The question for investors no longer seems to be one of defense demand or political ambition, but whether valuations have run…
AeroVironment shares skyrocketed 21% after the dronemaker easily blew past Wall Street’s fiscal fourth-quarter estimates, benefiting from U.S. plans to modernize the military and secure space. The Virginia-based defense company more than doubled revenue from a year ago to $642 million, while funded backlog jumped 65% to $1.2 billion. Revenue for autonomous systems totaled $492…
