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.
Boeing Completes Final Test Flight for 787 Battery
Boeing completed a test flight for its 787 Dreamliner Friday. If all went as planned, the company could receive regulatory approval for its redesigned battery system.
Southwest Airlines Posts 4% Rise in March Traffic
Southwest Airlines traffic was up, but one key metric, passenger revenue per available seat mile, remained level last month.
Southwest Airlines Posts 4% Rise in March Traffic
Southwest Airlines traffic was up, but one key metric, passenger revenue per available seat mile, remained level last month.
GM to Spend $332M to Upgrade U.S. Plants, Build New Fuel-Savvy Engine
General Motors will invest nearly $332 million in four U.S. manufacturing sites to produce more fuel-efficient engines and transmissions.
Airbus Challenges Boeing with 1Q Order Boost
Airbus reported 431 orders, up fourfold from the first three months of last year and well above the 193 orders Boeing registered for the period to March 26.
Hyundai Recall Could Grow Further, Sounds Warning on Quality
The world's fifth-biggest automaker will take action to fix a potentially faulty brake light switch as they plan to recall almost 1.9 million cars in the U.S.
US Airways Traffic Up 5.2% in March
US Airways Group's consolidated traffic rose 5.2% last month, while the carrier said government budget cuts impacted late flight bookings.
Delta Lowers Unit Revenue View Despite Traffic Uptick
Delta's total system traffic rose in March, but the airline lowered its first-quarter guidance for unit revenue amid weakness in its Pacific segment.
Delta Lowers Unit Revenue View Despite Traffic Uptick
Delta's total system traffic rose in March, but the airline lowered its first-quarter guidance for unit revenue amid weakness in its Pacific segment.
Airbus Sells 234 Planes to Lion Air in $24B Deal
The contract for the A320 single-aisle passenger planes poaches one of archrival Boeing's fastest-growing customers.
Nissan Recalls Five 2013 Models on Passenger Air Bags Issues
The carmaker is recalling five 2013 model year vehicles over issues that the front passenger airbag may not deploy in a crash.
FAA Gives Boeing 787 Plan the Nod in Step Closer to Reinstate Fleet
U.S. flight safety officials approved Boeing’s 787 certification plan that includes an internal battery component redesign, putting the jet maker one step closer to returning the fleet to service.
Report: Chrysler Has Banks Preparing IPO, Buyout Plans
Chrysler Group sought out banks to pitch next month their plans to handle an IPO for the carmaker, while parent company Fiat considers a buyout.
Don't let Frequent Flier Miles Die With You
Most travel and credit-card programs allow customers to will their hard-earned points. While the process takes time, the points transferred have given me enough miles to redeem for several domestic flights, plus some magazine subscriptions.















