Transportation

JetBlue founder David Neeleman is rolling out a new trans-Atlantic route.

The major airlines have been reporting a string of record profits. Discover just how much they are benefiting from the enormous drop in fuel costs.

New York Gov. Andrew Cuomo's recent announcement to overhaul the transit hub -- which has become an architectural embarrassment in the region -- arguably provokes more questions than answers.

United Parcel reported an adjusted 4Q profit of $1.57 per share, topping the estimate for $1.42. Revenue for the package delivery company came in at $16.05 billion, missing the estimate for $16.27 billion.

UPS said its third-quarter profit more than doubled amid stronger package revenue for domestic and international shipments.

Honeywell reported 4.2% profit growth for the third quarter, as a performance-materials acquisition offset weakness in the company’s defense unit.

Hertz, the No.2 U.S. car rental company, cut its full-year forecast amid weak volume at its U.S. airport car rental business, sending shares in reverse.

The two companies extended the termination date of their pending merger by a month, providing time for the carriers to counter the Justice Department’s legal challenge.

General Motors plans to sell senior secured notes and repurchase about $3.2 billion of preferred stock from a UAW Retiree Medical Benefits Trust.

The shipping giant reported mixed fourth-quarter earnings but warned of near-term challenges. 

The Chicago jet maker officially launched the program to build a new stretched-out version of its existing 787, securing 102 firm orders worth nearly $30 billion at list prices.

Business-information provider IHS plans to acquire the owner of the used-car shopping tool Carfax for $1.4 billion. 

Singapore Airlines struck two massive deals with Boeing and Airbus in what marks one of the largest aircraft orders in the company’s history.

Tesla CEO Elon Musk said the maker of electric cars plans to triple the area covered by its charging stations, allowing owners to drive coast to coast.

General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker's largest shareholder, the U.S. Treasury, pare its losses.

Boeing began installing reinforced lithium ion batteries on five grounded 787 jets that should make the first commercial Dreamliners ready to fly again in about a week.

Airbus is on course to end 2011 with well over 1,600 orders, and Boeing has stored up momentum for a strong year.

Boeing won its largest ever order at $19 billion to sell 150 aircraft to Southwest Airlines.

After shelving its common-stock dividend more than five years ago, Ford revealed plans on Thursday to reinstate a dividend early next year.