aviation

United Airlines Holdings Inc (NASDAQ: UAL) on Friday said that it would stop flying in and out of New York's John F. Kennedy International Airport by the end of October. United restarted flights out of the airport in 2021 after a five-year gap. United has been flying to San...

By Bhanu Choudhrie, Founder and Executive Director of Alpha Aviation  Aviation as an industry has suffered more than most because of the pandemic. Airlines around the world have lost more than $200 billion, with the effects of travel bans and border closures eradicating nine years’ worth...

India's civil aviation regulator has barred 90 pilots of the country's second-largest private airline from flying Boeing Co's (NYSE: BA) 737 Max aircraft. The Indian civil aviation watchdog DGCA said that it found that 90 SpiceJet pilots were not properly trained to fly the aircraft....

A 757 cargo jet manufactured by The Boeing Company (NYSE: BA) and operated by Deutsche Post AG’s (OTC: DPSGY) (OTC: DPSTF) DHL split into two upon making an emergency landing in Costa Rica’s capital San Jose. What Happened: The incident, involving a DHL 757, took place at the San Jose...

GOL Linhas Aereas Inteligentes SA (NYSE: GOL), in conjunction with Grupo Comporte, an entity of its controlling shareholder, signed a non-binding letter of intent with Avolon for the acquisition and/or lease of 250 electric vertical takeoffs and landing (eVTOL)...

General Electric Company's (NYSE: GE) GE Aviation has agreed with Transcend Air Corporation to develop and certify a custom variant of GE's class-leading CT7-8 turboshaft helicopter engine to power the Vy 400 High-Speed Vertical Takeoff and Landing (HSVTOL) aircraft....

The overcast skies looming over Louis Armstrong New Orleans International Airport did nothing to quash the spirit of city officials — including Mayor LaToya Cantrell — and airport functionaries watching, clapping or dancing along with the Treme Brass Band, two Zulu Tramps and an...

The Federal Aviation Administration has extended until the end of the year the exemption for U.S. commercial airlines to carry cargo in the main cabin when passengers are not present, citing an ongoing need to provide extra cargo lift capability while passenger traffic remains below pre-pandemic...

Pete Najarian shared on CNBC's "Fast Money: Halftime Report" Friday that he recently bought Lockheed Martin Corporation (NYSE: LMT) stock. The fundamental story behind the stock led him to buy it, Najarian said.  Lockheed Martin's earnings are growing about 20%...

A United Airlines flight, which was flying from Denver to Honolulu, made an emergency landing at Denver International Airport on Saturday after it experienced a right-engine failure shortly after takeoff, Reuters has reported. What Happened: According to the Federal Aviation Administration,...

A Boeing Co (NYSE: BA) plane that departed from the Indonesian capital of Jakarta crashed shortly after takeoff with 62 people on board. What Happened: The Sriwijaya Air Boeing 737, flight number SJY 182 headed to the Indonesian city of Pontianak, lost contact on Saturday at 2:40 p.m. Western...

Europe is expected to give the green light to the Boeing 737 MAX in January. What Happened: The head of the European Union Aviation Safety Agency confirmed on Saturday that the Boeing Co's (NYSE: BA) 737 MAX was ready and "safe" to fly, Reuters reported. Agency head...

Although General Electric Company’s (NYSE: GE) Capital Aviation Services segment, while not immune to COVID-19 headwinds, has a strong and resilient business model, according to BofA Securities. The General Electric Analyst: BofA’s Andrew Obin maintained a Buy rating on ...

Activist investor and Trian Partners CEO Nelson Peltz told CNBC on Thursday's "Halftime Report" he bought shares of unnamed companies that were "beaten down too much." Peltz's Buying Strategy The activist investor isn't disclosing what specific stocks he has been...

Thousands of workers in General Electric Company’s (NYSE: GE) aviation subsidiary are impacted as company furloughs half its aircraft engine manufacturing workforce. What Happened The ongoing coronavirus pandemic is hitting the aviation industry hard, as airlines ground planes and delay...