Transportation

American Orders 90 New Jets to Update Fleet

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.

SpaceX Delays Launch Due to Technical Issue

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.

Airlines Reporting Record Profits

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.

United Parcel Service's 4Q Profit Surges

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.