RTX tumbles after disclosing jet-engine problem will require accelerated inspections

[ad_1] A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo aircraft during a delivery ceremony outside the Airbus Group SE factory in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 13% Tuesday after the aerospace giant said a manufacturing problem with some … Read more

Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return: Live updates

[ad_1] All three major averages finished lower for the week, with the Dow wrapping its worst weekly performance since March. [ad_2] Source link

United gives 30,000 frequent flyer miles to travelers hit by flight delays, CEO says schedule cuts needed

[ad_1] Planes are seen on the tarmac as people wait for their flight reschedule inside of the Newark International Airport on June 27, 2023 in Newark, New Jersey.  Kena Betancur | Getty Images News | Getty Images United Airlines‘ CEO Scott Kirby said that without more gates the airline will have to reduce or change … Read more

Storms, air traffic control facility delay thousands of flights

[ad_1] A Southwest Boeing 737 airplane takes off into a smoke haze from Ronald Reagan Washington National Airport in Arlington, Virginia, June 8, 2023, as smoke from wildfires in Canada blankets the area. Saul Loeb | AFP | Getty Images More than 7,000 U.S. flights were delayed and nearly 900 canceled on Sunday as thunderstorms … Read more

Justice Department wins lawsuit to undo JetBlue, American Airlines partnership in the Northeast

[ad_1] An American Airlines plane takes off near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images A federal judge Friday ordered American Airlines and JetBlue Airways to end their partnership in the Northeast, a win for the Department of Justice … Read more