Branson is trailing Bezos in area tourism, whereas Musk’s SpaceX competes in a league of its personal

Branson is trailing Bezos in area tourism, whereas Musk's SpaceX competes in a league of its personal

[ad_1] Richard Branson, Jeff Bezos, Elon Musk Joe Skipper | Reuters; Joe Raedle | Getty Photographs; Paul Hennessy | SOPA Photographs | Getty Photographs “In our view this equates to misplaced momentum within the area tourism race given the latest successes had by SpaceX (Personal) and Blue Origin (Personal),” Truist analyst Michael Ciarmoli wrote in … Read more

Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

[ad_1] Virgin Galactic pilots stroll to the corporate’s SpaceShipTwo Unity spacecraft, connected to the jet provider plane Eve. Virgin Galactic Virgin Galactic inventory plunged in buying and selling on Friday after the corporate mentioned it will delay any spaceflights to subsequent 12 months because it refurbishes its automobiles. Whereas Virgin Galactic hoped to fly its … Read more

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

[ad_1] Pete Cannito, Redwire Company on the New York Inventory Trade, September 8, 2021. Supply: NYSE Non-public funding in area firms hit $3.9 billion within the third quarter, propelling this 12 months to a brand new annual document of $10.3 billion, in response to a report this week by New York-based agency House Capital. “This … Read more

UK plans to beef up navy deployments in Asia

UK plans to beef up navy deployments in Asia

[ad_1] Helicopters and F-35 fighter planes aboard Royal Navy flagship HMS Queen Elizabeth, docked at Changi Naval Base in Singapore. Victor Loh, CNBC SINGAPORE — The UK plans to extend its presence within the contested South China Sea and the Indo-Pacific region, the Royal Air Pressure Chief of the Air Workers, Air Chief Marshal Sir … Read more

Southwest Airways shares tumble after mass flight cancellations, service weighs extra cuts

Southwest Airways shares tumble after mass flight cancellations, service weighs extra cuts

[ad_1] Passengers queue up on the ticketing counter for Southwest Airways Sunday, Oct. 10, 2021, in Eppley Airfield in Omaha, Neb. David Zalubowski | AP Southwest Airlines shares tumbled greater than 3% in premarket buying and selling Monday after canceling greater than 2,000 flights since Saturday, disrupting the journey plan of hundreds of individuals. Southwest … Read more

U.S. Navy engineer charged with attempting to sell nuclear submarine secrets to a foreign country

U.S. Navy engineer charged with attempting to sell nuclear submarine secrets to a foreign country

[ad_1] Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France. Bloomberg | Bloomberg | Getty Images A Navy nuclear engineer with access to military secrets has been charged with trying to pass information about the design of American nuclear-powered submarines to someone he thought was a representative of a foreign government … Read more

‘We are going to comply’: Spirit Airways CEO prepares employees for federal Covid vaccine mandate

'We are going to comply': Spirit Airways CEO prepares employees for federal Covid vaccine mandate

[ad_1] A Spirit Airways plane takes off at Orlando Worldwide Airport. Paul Hennessy | SOPA Pictures | LightRocket | Getty Pictures Spirit Airlines‘ CEO Ted Christie on Friday instructed employees to get inoculated towards Covid-19 forward of forthcoming federal vaccine mandates for giant corporations. President Joe Biden final month stated the federal government would require … Read more

Elon Musk’s SpaceX hits $100 billion valuation after secondary share sale

Elon Musk's SpaceX hits $100 billion valuation after secondary share sale

[ad_1] SpaceX’s Starship rocket manufacturing facility in Boca Chica, Texas, as CEO Elon Musk (third from the appropriate) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by current traders introduced this week, CNBC has realized. SpaceX has … Read more

Regional airways that fly for the foremost U.S. carriers aren’t mandating vaccines for employees — but

Regional airways that fly for the foremost U.S. carriers aren't mandating vaccines for employees — but

[ad_1] A United Airways employee companies a United Categorical Embraer 170 passenger plane parked on the tarmac at Albuquerque Worldwide Sunport in New Mexico. Robert Alexander | Getty Pictures Main U.S. airways are increasingly mandating Covid-19 vaccines for workers. A few of the regional carriers that fly below their names haven’t — not less than … Read more

International airline business is predicted to chop losses in 2022 by 78% to $12 billion in gradual pandemic restoration

International airline business is predicted to chop losses in 2022 by 78% to $12 billion in gradual pandemic restoration

[ad_1] A airplane lands on the southern runway at London Heathrow Airport. US and EU travellers who’re totally vaccinated towards coronavirus might be allowed to enter England and Scotland with out the necessity to quarantine from Monday. Steve Parsons | PA Pictures | Getty Pictures The worldwide airline business is predicted to lose near $12 … Read more