Buttigieg: US May Act Against Airlines on Consumers’ Behalf | Business News

By DAVID KOENIG, AP Airlines Writer The day after Transportation Secretary Pete Buttigieg met with airline leaders to quiz them about widespread flight disruptions, his own flight was canceled and he wound up driving from Washington to New York. “That is happening to a lot of people, and that is exactly why we are paying … Read more

Airline stocks tumble as economic concerns overshadow travel surge

Airline stocks tumble as economic concerns overshadow travel surge

An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022. Joshua Roberts | Reuters Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop … Read more

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX has fired at least five employees who were involved with circulating a … Read more

Verizon, AT&T Delay Some 5G Service Over Airlines’ Concerns | Business News

By DAVID KOENIG, AP Airlines Writer Federal regulators say Verizon and AT&T will delay part of their 5G rollout near airports to give airlines more time to ensure that equipment on their planes is safe from interference from the wireless signals, but the airline industry is not happy about the deal. An airline industry trade … Read more