Exclusive: FAA urges airlines to act as wireless carriers plan 5G signal boost
The U.S. Federal Aviation Administration (FAA) on Wednesday urged the chief executives of major U.S. airlines to move quickly to address risks from a 5G wireless rollout, in a bid to avoid potential disruptions at key airports from next month.
Major U.S. airlines warn 5G could ground some planes, wreak havoc
The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending “catastrophic” aviation crisis in less than 36 hours, when AT&T (T.N) and Verizon (VZ.N) are set to deploy new 5G service.
United Airlines revenue tops estimates as travel rebounds, sees 3rd-quarter turning point
United Airlines (UAL.O) reported its sixth consecutive quarterly loss on Tuesday due to the coronavirus pandemic, though revenue quadrupled from a year ago and topped estimates with a strong domestic travel rebound.
Wall Street ends sharply lower as Delta variant sparks new lockdown fears
A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.
United Airlines to buy 100, 19-seat electric planes from Heart Aerospace
July 13 (Reuters) – United Airlines (UAL.O) said on Tuesday it would buy 100 19-seat ES-19 electric planes from Swedish start-up Heart Aerospace, as the U.S. carrier eyes battery-powered aircraft for regional routes. It is the latest in a series of such “innovation-related” announcements by United as major airlines come under pressure to cut emissions. The U.S. […]
S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
United Airlines unveils huge jet order in push for growth
United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying
Archer’s flying taxi makes splashy debut in heated market
Archer Aviation unveiled its first electric flying taxi “Maker” in a Tesla-style debut on Thursday as an increasing number of investors and aviation companies pile into the hot but yet-to-be-approved urban air mobility space.
U.S. forming expert groups on safely lifting global travel restrictions
The Biden administration is forming expert working groups with Canada, Mexico, the European Union and the United Kingdom to determine how best to safely restart travel after 15 months of pandemic restrictions, a White House official said on Tuesday.
