Aerospace and defense industry

Boeing’s new outsider CEO Kelly Ortberg takes the helm

Boeing’s new outsider CEO Kelly Ortberg takes the helm

Bob Elliott

Robert K. “Kelly” Ortberg is the Boeing’s new president and chief executive officer, effective August 8, 2024. Ortberg will also ...

Delta says chaos after CrowdStrike outage cost it 0 million

Delta says chaos after CrowdStrike outage cost it $550 million

Bob Elliott

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, ...

JetBlue shares jump after surprise profit in second quarter

JetBlue shares jump after surprise profit in second quarter

Bob Elliott

A JetBlue Airways jet comes in for a landing after flights earlier were grounded during an FAA system outage at ...

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Bob Elliott

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura ...

Boeing, Spirit AeroSystems in spotlight at NTSB hearing on 737 Max panel blowout

Boeing, Spirit AeroSystems in spotlight at NTSB hearing on 737 Max panel blowout

Bob Elliott

Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid ...

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

Bob Elliott

CrowdStrike on Sunday said Delta Air Lines had rejected on-site help during last month’s massive outage that sparked thousands of ...

Boeing (BA) earnings Q2 2024

Boeing (BA) earnings Q2 2024

Bob Elliott

Boeing on Wednesday said it will continue to burn cash this quarter and reported a wider quarterly loss and weaker ...

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Bob Elliott

Ed Bastian, CEO of Delta Air Lines, speaks during a keynote at CES 2020 in Las Vegas on Jan. 7, ...

Rolls-Royce shares jump on reinstated dividend, raised profit guidance

Rolls-Royce shares jump on reinstated dividend, raised profit guidance

Lawrence Booth

A Rolls-Royce Trent 700 engine for the Airbus A330 stands in a workshop of N3 Engine Overhaul Services GmbH. The ...

CrowdStrike-Microsoft outage cost the airline 0 million

CrowdStrike-Microsoft outage cost the airline $500 million

Bob Elliott

Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of ...