CEO expects normal service within 24 hours

Passengers queue at a flight connection desk at the Dubai International Airport in Dubai on April 17, 2024. Afp | Getty Images The CEO of Dubai Airports said Friday that he expects services to return “close to normality” within 24 hours after the major transit hub was hit by unprecedented flooding. The United Arab Emirates … Read more

Kam Ghaffarian sets his sights on the stars with space companies

Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle on Mars to make humanity multi-planetary. IBX’s Kam Ghaffarian wants to go even further: the stars. “There’s this common denominator of combining altruism, to do something … Read more

Record rainfall causes airport chaos, other disruptions

TOPSHOT – Cars are stranded on a flooded street in Dubai following heavy rains on April 18, 2024. Dubai’s giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on April 18, a day after the heaviest rains on record. Giuseppe Cacace | Afp … Read more

Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding

An Alaska Airlines Boeing 737 MAX 9 taxis at Seattle-Tacoma International Airport on March 25, 2024 in Seattle, Washington.  Stephen Brashear | Getty Images Alaska Airlines forecast second-quarter and full-year earnings well ahead of estimates on Thursday thanks to strong travel demand, despite a first-quarter loss stemming from a midair blowout of a door plug … Read more

How electric trucks are becoming the norm for moving cargo

An electric truck at the PT Vale Indonesia mining area. The CXMG type XDR-80-TE truck manufactured in China boasts a hauling capacity of 70 tons.  Sopa Images | Lightrocket | Getty Images The next time micromobility company Lime accepts a shipment of e-bikes and e-scooters in California, a new state law means the cargo must … Read more

Colorado lawmakers drop planned overhaul of RTD’s elected board

Colorado lawmakers are abandoning plans to overhaul the Regional Transportation District’s governing board and change how its members are selected after transit officials blasted the plan. Reps. William Lindstedt and Meg Froelich said Wednesday that they are still set to pursue other RTD reforms through House Bill 1447. But they said they plan to drop … Read more

Airline execs predict record summer, even more demand for first class

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines “as an airline and as an industry” will carry record … Read more

Boeing faces scrutiny in Senate over aircraft safety and quality

US Senator Richard Blumenthal (L) greets Boeing engineer Sam Salehpour as he arrives to testify before the US Senate Homeland Security and Governmental Affairs Subcommittee on Investigations during a hearing on “Examining Boeing’s Broken Safety Culture: Firsthand Accounts,” at Capitol Hill in Washington, DC, on April 17, 2024.  Drew Angerer | Afp | Getty Images … Read more

United Airlines (UAL) 1Q 2024 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday reported strong travel demand that drove it to a narrower loss than expected in the first quarter despite a $200 million hit from the temporary grounding of the Boeing 737 Max 9 … Read more

Republican governors condemn United Auto Workers campaigns

Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT – Republican governors of six states on Tuesday condemned the United Auto Workers’ push to organize automotive factories in the South, warning the union’s efforts could lead to layoffs … Read more