United Plans to Shed Costs, Double Profits by 2017
United Continental plans to significantly cut annual costs and increase revenue by 2017, hoping to at least double profits.
Boeing Looks to Tap $550B Market in Middle East
Boeing sees a $550 billion market opportunity in the Middle East over the next 20 years as demand for new airplanes in the region grows.
Report: Bain in Talks to Acquire TI Automotive for $2B
Bain Capital is reportedly in advanced discussions with TI Automotive to acquire the auto parts maker in a deal approaching $2 billion.
Airlines Adding Seats for Busy Thanksgiving Weekend
With 25 million passengers expected to travel through U.S. airports Thanksgiving weekend, airlines are gearing up for the busiest travel day of the year, adding seats and tweaking ancillary fees.
Tesla Reports Third Fire Involving Model S Electric Car
Tesla's Model S electric car has suffered its third fire in six weeks, sending its shares down.
Toyota Closes In on Record Profit with Healthy U.S. Sales
The automaker raised its annual profit forecast saying it expects 16.95 billion in net profit in the near year ending March 2014.
FAA Relaxes Rules, Allows Mobile Device Use on Airplanes
U.S. safety authorities on Thursday said they will allow airlines to relax their rules on mobile device use on airborne aircraft.
Tesla Orders Another 2 Billion Panasonic Battery Cells as Demand Grows
Tesla and Panasonic expanded their relationship for automotive-grade battery cells as the car maker continues to boost Model S production.
Goodyear Boosts Outlook as 3Q Profit Jumps
Goodyear Tire & Rubber's 3Q profit climbed 48%, and the company raised its full-year view in anticipation of continued progress in North America.
Airbus A320 Orders Surpass 10,000 as JetBlue Revamps Fleet
Airbus said its Boeing 737 rival, the A320, reached the 10,000-order milestone recently thanks to a new deal with U.S. discount carrier JetBlue.
United 3Q Results Disappoint as Profit Misses Expectations
United posted a bigger quarterly profit but said it was disappointed by the performance.
Boeing Boosts Outlook Amid 12% Profit Growth
Boeing's profit jumped 12% in the third quarter, as the aerospace giant’s commercial aircraft unit outweighed softness at its defense business.
Delta Posts Higher Profit, Sees Strong Holiday Bookings
Delta Air Lines reported higher quarterly results as it benefited from strength in the Atlanta, New York and London markets.
Delta Air Lines Site Returns After Suffering Apparent Outage
The website for Delta Air Lines, Delta.com, was experiencing an outage on Thursday afternoon, preventing some users from accessing the site for at least an hour.
Union Pacific Rides Pricing Gains to Higher 3Q Profit
The railroad company's 3Q profit was up 10%, as shipments of oil and automobiles rose and higher pricing spurred revenue growth.
GM Opens $200M Stamping Plant in Texas
General Motors opens its $250-million metal-stamping plant right next to a company assembly line in Arlington, Texas in hopes of saving big money on shipping costs.
Apollo Deal for Cooper Tire on Bumpy Road
Apollo Tires’ $2.5B buyout of Cooper Tire & Rubber looks to be on a bumpy road to completion, with the two companies locked in debate over the price.
Airbus Clinches Landmark Order with Japan Airlines
Airbus announced its first jet order from Japan Airlines, breaking open the last big aviation market dominated by Boeing.
U.S. Files Suit to Block AMR, U.S. Air Merger
Tie-Up Turbulence: US Airways' $11 billion takeover of American Airlines was hit with an unexpected roadblock Tuesday as the DOJ filed suit to block the deal.
GM Sales in China Hit July Record
General Motors posted its best July sales ever in China as it continued to expand its footprint there and introduce new vehicles.















