Transportation

U.S. Air, AMR Nearing $11B Merger

US Airways Group and AMR Corp., parent company of American Airlines, are close to completing an $11 billion merger and could announce a deal within a week.

Boeing Warns Carriers of 787 Delivery Delays

A day after getting approval to begin test flights as part of the process of returning the 787 to service, the jet maker has begun informing airlines that their Dreamliner deliveries could be postponed.

United, Southwest results top estimates, bookings solid

United Continental Holdings Inc recorded a bigger quarterly loss and Southwest Airlines Co posted lower profit on Thursday, but results topped expectations and the carriers said current bookings were solid.

Boeing Dreamliner Suffers Two More Mishaps

Extending a string of recent incidents, Boeing's 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday.

Fiat Says 'No Assurance' Chrysler IPO Will Happen

Fiat said Chrysler's regulatory filing for an IPO doesn’t necessarily foreshadow a stock sale, as the Italian company continues to seek a deal for full ownership of the Big Three automaker.

Airlines Slash Profit Forecast for 2013

Citing weaker growth in some parts of Asia and lower freight demand, global airlines reduced their 2013 industry profit forecast by 8%to $11.7 billion.