Transportation

The parent of American Airlines posted a smaller-than-expected quarterly loss Wednesday as cost cutting somewhat dampened the effects of soaring fuel prices. 

By Jessica Wohl

By Nick Zieminski

The United States, in a review of future satellite needs, is examining opportunities to increase international collaboration and orders from commercial providers, a senior U.S. Air Force official said on Wednesday.

Delta is reportedly bidding on a ConocoPhillips refinery with the hope of reducing of heavy fuel costs, but analysts question whether or not it's a wise move.

Bizarre and frightening events in recent history show that something about airplanes makes people nuts.

United Parcel Service is extending the offer period for its $6.28 billion proposed acquisition of TNT Express until Nov. 9.

American Airlines unveiled deals with Bombardier and Embraer to purchase a total of 90 new 76-seat regional jets, as the company moves to update its fleet after merging with US Airways.

Italy-based Fiat said it has enough cash to buy the portion of Chrysler it doesn't already own without seeking additional financing. 

The bankrupt investment bank is accusing the chip maker of seizing $1 billion in collateral in breach of a swap agreement.

The No. 1 U.S. auto maker easily beat expectations despite shrinking North American profits.

All Nippon Airways will reportedly put its pilots through training to resume flights in June after Boeing completed more than half of its tests to get its new battery system certified.

Regulators have opened an investigation into an estimated 61,000 Volkswagen Tiguan sport utility vehicles over complaints of loss of exterior lighting.

Boeing improved its 20-year forecast for airplane demand expecting airlines to need 35,280 new jets worth $4.8 trillion amid an expected increase in demand in Asia. 

Chinese authorities have approved a $1.3 billion General Motors plant to make luxury Cadillac cars.

The acquisition is expected to generate annual synergies of $160 million within three years and also boost Advance Auto's EPS. 

Investigators are examining the battery of an emergency rescue beacon made by Honeywell as a possible cause of Boeing's Dreamliner fire.

Caterpillar’s construction and mining equipment continued to face sales headwinds in North America, posting a 9% drop globally in April.

Amazon plans to use drones to deliver packages in some cities. The idea is novel, but many hurdles lie ahead.

SpaceX on Wednesday postponed for at least 24 hours the scheduled Florida launch of a Falcon 9 rocket on a satellite-delivery mission and attempted return-landing at sea to allow extra time to chill the rocket's propellant, the company said.