Transportation

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.

The Machinists Union has dropped its grievances with against Boeing with the National Labor Board.

U.S. Airways (NYSE:LCC) said revenue passenger miles, a key profitability metric for airlines, increased 3.4% in November.

Southwest Airlines Co. (LUV) continued its stretch of greater monthly traffic dating back to last year, as the company reported Friday a 6.4% increase in September traffic. The rise in combined traffic between Southwest Airlines and AirTran, which Southwest purchased in May, outpaced the company’s expanding capacity.

DETROIT (Reuters) - The United Auto Workers leadership pushing for ratification of a new four-year labor contract with Ford Motor Co made fresh gains Saturday with nearly half of the worker vote counted, a union online update showed.

OSHKOSH, Wis. (Reuters) - Workers at defense contractor Oshkosh Corp turned down a new five-year contract offer from the company for a second time in little more than a week Saturday even after union leaders narrowed differences between the two sides in recent days.

Shares of American Airlines parent AMR Corp fell as much as 41% on growing fears the the airline is headed for bankruptcy.