Aviation

Industrials

Where is the Bottom for Boeing?

Photo by Balon Greyjoy via CC0 1.0

Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.

2 min read

Photo by Airbus777 via CC BY 2.0

Industries

Will Frontier and Spirit Airlines Finally Seal the Merger Deal?

Frontier Airlines and Spirit Airlines have renewed their yearslong on-again, off-again merger flirtation. Perhaps this time’s the charm.

2 min read
Photo by Sven Piper via Unsplash

Industrials

Boeing Tries to Bury 17,000 Layoffs in Friday News Dump Extraordinaire

Boeing announced 17,000 layoffs, a delay to the launch of its 777X passenger jet, and billions in charges related to ongoing strikes.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Rolls-Royce Patent Could Retrofit Aircraft with Hydrogen Engines

Hydrogen faces a number of hurdles before it can be considered a suitable alternative to jet fuel – namely, cost.

2 min read

Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Photo by Daniel Shapiro via Unsplash

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read

Industries

Boeing Taps New CEO to Navigate Cloudy Skies, Multibillion-Dollar Losses

Photo by Sven Piper via Unsplash

Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.

2 min read

Photo by Nastya Dulhiier via Unsplash

Consumer

Airlines Have Finally Hit a Ceiling on Fares

Ryanair said it had seen its profits take a 46% nosedive, and would have to offer “materially lower” airfares for the busy summer period.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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