Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne…
Travelers wait in line at a security checkpoint at O’Hare International Airport in Chicago, Illinois on November 7 2025. Kamil Krzaczynski | Afp | Getty Images U.S. airlines started cancelling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the more-than-monthlong government shutdown. The cuts were ordered as air…
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Australia’s Qantas on Friday revealed the first images of the specially configured Airbus aircraft set to enable the world’s longest commercial flights. The A350-1000ULR (Ultra Long Range) aircraft was depicted on the assembly line in Toulouse, France, with its fuselage sections,…
Ford executives are considering killing its flagship electric pickup truck, the F-150 Lightning wall street journal, The discussion comes in the wake of Ford’s decision to idle F-150 Lightning production at the end of October while it prioritizes hybrid and gas-engine versions of the popular pickup. Aluminum supplier Novelis has been grappling with production problems…
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Airlines rushed to provide travelers updates after the Federal Aviation Administration said Wednesday that it would reduce flights across 40…
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded…
U.S. Transportation Secretary Sean P. Duffy and FAA Administrator Bryan Bedford hold a press conference at the U.S. Department of Transportation Headquarters on Nov. 5, 2025 in Washington, DC. Tasos Katopodis | Getty Images Transportation Secretary Sean Duffy announced Wednesday afternoon that he will be reducing flight capacity by 10% at 40 major airports starting…
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images DETROIT – Lucid Group missed Wall Street’s expectations for a second consecutive quarter as the all-electric vehicle maker continues to address problems with the launch of its new flagship…
Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on Nov. 4, 2025 in Louisville, Kentucky. Stephen Cohen | Getty Images A UPS plane crashed shortly after takeoff on Tuesday around 5:15 p.m. local time after departing from Louisville Muhammad Ali International Airport in Kentucky, the Federal Aviation…
Rivian electric SUV parked outside brick showroom on a sunny day, San Francisco, California, August 19, 2025. Smith Collection/gado | Archive Photos | Getty Images DETROIT – Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported a its second quarterly gross profit this year thanks to a joint venture with…
