Jonathan Welsh

Raytheon Technologies Reports Increased Sales, Earnings

Raytheon Technologies Corp., an aerospace and defense company, said its fourth-quarter net income increased, driven in part by the recovery of the domestic short-haul air travel industry. However, difficulties in the global supply chain continued to slow results overall. Adjusted net income for the quarter totaled $1.61 billion, or $1.08 per share, compared with $1.12 […]

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United Airlines’ 4Q Report Focuses on Expected Gains This Year

In reporting its fourth-quarter results, United Airlines (NASDAQ:UAL) said it faced  “headwinds” from the emergence of the omicron variant of COVID-19 that have hurt demand for travel and are expected to slow its overall recovery. However, the company said it expects stronger performance this spring and summer. For the quarter, the Chicago-based airline reported revenue […]

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East Hampton Airport Set to Change to Private Use

East Hampton Airport (KHTO), a summertime hub for vacationers on the bustling East End of New York’s Long Island, is bracing for change as local officials seek to reduce noise from jets and helicopters. The town board of East Hampton is expected to vote Thursday on a plan to temporarily shut down the Class D […]

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Pilot in aircraft
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