Transportation

Investigators are reportedly looking to see if an emergency transmitter made by Honeywell could have contributed to a fire onboard a Boeing 787. 

Boeing shares tumbled in choppy action after a 787 Dreamliner with no passengers suffered an onboard fire on the ground at London's Heathrow Airport. 

FedEx shares surged 7% as the shipping giant reached a key legal settlement and benefited from rumors about a big hedge-fund investment.

The carrier, which faces regulatory hurdles in its effort to acquire American Airlines, says its planes are fuller than they were a year ago.

Despite depositions by the DOJ related to the AMR and U.S. Airways merger, the deal is still expected to close on time in the third quarter.

While airlines continue to be challenged by high expenses, revenue growth has recovered to pre-recession levels.

Boeing will begin compensating Poland’s national carrier, LOT Polish Airlines, in July for the 787 blunder that grounded its fleet of Dreamliners.

Caving into government pressure Chrysler said it would recall 2.7 million older Jeep models, after initially balking at the request.

Airlines lined up to place or confirm orders for Boeing jets at the Paris Air Show, with its next-generation 737s and 787s leading the charge. 

The carrier plans to add seats to two of its jets, a move that would likely cut legroom for coach flyers in favor of greater seating capacity.

Chrysler will formally respond to safety officials' request to recall 2.7 million SUVs within the next six days. 

The head of Toyota's North American operations said it is unlikely the automaker will regain its peak U.S. market share, despite seeing improved sales in recent years.

The all-cash buyout offer is valued at $2.5 billion and carries a premium north of 40%

Airbus plans this week to fly its A350 jet for the first time, as the company prepares to launch its first new airplane since 2005.

Even though its second-quarter earnings came in below expectations, the truck maker received some bullish support from an analyst. 

FedEx is quickening the pace of its fleet modernization by grounding older aircraft sooner than anticipated, as it continues its plans to improve profitability.

The automaker is recalling 435,000 Jeep sport utility vehicles to repair problems with their air bags and transmission-fluid lines.

Boeing seems to be getting in mojo back, distancing itself from a series of headaches in the first half of this year as it ramps up 787 deliveries and inks new lucrative deals for its 737.

Major U.S. automakers kept up their sales momentum last month on demand for pickups and SUVs, continuing to hint at an industry rebound.

The automaker is recalling 465,000 2013 models to check for fuel tank leaks that could result in a fire.