|Virgin America CEO David Cush, shown celebrating the airline's inaugural San Francisco-to-Seattle flight in March 2008, says the competition "can't handle innovation."|
Boeing shares trade near an all-time high amidst rosy pictures for commercial air travel and defense spending. But Emirates, a key customer, just cut back its flying.
United Airlines shares fell 4% Tuesday because the carrier reiterated that it plans to restore its legitimate market share at hubs such as Newark Airport.
United Airlines executives say that so far they have seen no impact on bookings from the April 9 incident when an erratic passenger was dragged off an aircraft.
United Airlines rose Monday, in advance of an earnings beat, and on hopes for the conclusion of a week of reporting on an unfortunate passenger management incident.