UPS 1Q EPS Tops Street, Sales Narrowly Miss
The shipping giant reported a 6.9% jump in first-quarter profit amid a post-holiday season that surpassed expectations, while revenue missed estimates on a lagging international segment.
FAA Posts New Rule for 787 Batteries, Estimates Fix Cost
Regulators published a new rule that governs the lithium-ion batteries on Boeing's 787 passenger jet, more than three months after battery problems grounded the plane worldwide.
JetBlue Posts Lower Quarterly Profit
The discount carrier reported its earnings came to $14 million for the quarter as operating costs rising at a greater pace than revenue.
Boeing Expects to Resume 787 Dreamliner Delivers by Mid May
The aerospace giant's CEO said in a conference call he expects to resume 787 Dreamliner deliveries in early May after being halted since January.
Despite Dreamliner Woes, Boeing Posts Solid Beat
Despite its Dreamliner crisis, the company reported net income of $1.1 billion, or $1.44 a share, up nearly 20% from a year earlier.
Looking for Lessons Learned from Boeing's Engine Fires
The top U.S. transportation safety regulator is looking beyond what caused Boeing's issues for larger lessons that can be applied to the airplane certification process and new technologies.
US Airways Posts Lower Quarterly Profit
The airline carrier reported its net income came to $44 million, or 26 cents a share, compared with $48 million, or 28 cents a share, a year earlier.
Delta's Net Income SLips to $7M in 1Q
Delta Air Lines reported a lower first-quarter profit as operating expenses rose.
FAA OKs 787 Battery Fix, Clearing Way for Dreamliner to Resume Flight
The Federal Aviation Administration approved a battery fix for the Boeing 787 Dreamliner, paving the way for the jet to return to flight.
AutoNation Beats the Street With 14% Jump in 1Q Earnings
The largest auto dealer group's EPS beat was fueled by healthy new vehicle sales growth.
Textron Tanks 12% on Gloomy Cessna Outlook, 1Q EPS Miss
The largest maker of business aircraft lowered its 2013 outlook due to weak Cessna demand.
Carnival to Spend Millions on Safety Measures
Carnival plans to invest $300 million to enhance emergency power capabilities and fire safety technology on its namesake cruise ships.
Carnival to Spend Millions on Safety Measures
Carnival plans to invest $300 million to enhance emergency power capabilities and fire safety technology on its namesake cruise ships.
FAA: No 'Immediate' Safety Risk Despite Tighter Boeing 737 Inspection
The FAA said it is tightening the inspection requirements on Boeing’s entire fleet of 737s, but said it does not pose an 'immediate flight safety' threat.
Judge Denies AMR CEO $20M Severance
A judge rejected a proposed severance payment of nearly $20 million for the head of American Airlines parent AMR, saying the payout is not allowed under federal bankruptcy law.
Chrysler Recalls More Than 263K Vehicles Globally
The No. 3 U.S. automaker said it is recalling about 139,000 cars from model years 2011 and 2012 to correct improper warning-light illumination.
GM Doubles Down on European Brand Opel
CEO Dan Akerson said on Wednesday the automaker plans to invest $5.2 billion in European brand Opel by the end of 2016.
Toyota Denies Ford Report That Touts Focus as World's No. 1
Toyota says its Corolla was the world's top selling car of 2012, contradicting a report released early Tuesday by rival Ford.
United Airlines Pencils in 787 Flight for May 31
United Airlines is anticipating that Boeing’s grounded 787 Dreamliner will be ready for a flight by the end of next month, according to the carrier’s flight schedule.
Report: Airbus Closing in on British Airways Order
A potential $7 billion order from British Airways for Airbus A350 jets is set to hand Boeing its next major challenge.


















