Transportation

Uber Technologies Inc. is finalizing a $2 billion credit line, people familiar with the matter said, in a deal that underscores Wall Street's enthusiasm for the ride-sharing company's prospects.

Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.

Millions of fliers might soon want to buy new carry-on suitcases.

Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter.

Millions of Americans will fly to their summer vacations unaware that some of the men and women in the nation’s air traffic control towers and centers may have cheated on the test to get their jobs. 

Complaints among U.S. air travelers soared more than 55 percent in March from a year earlier, mainly due to flight problems, a federal government report said on Monday.

The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday.

A plane from Atlanta skidded off a runway at LaGuardia Airport while landing Thursday, crashing through a chain-link fence and sending passengers saddled with bags and bundled up in heavy coats and scarves sliding down an inflated chute to safety on the snowy pavement.

A TransAsia Airways plane with 58 passengers and crew on board careered into a river shortly after taking off from a downtown Taipei airport on Wednesday, killing 23 people and leaving 20 missing, officials said.

JetBlue Airways reported an 87 percent rise in quarterly profit as it flew more passengers and benefitted from lower fuel prices.

On top of the bag fees and other charges, families traveling this summer may have to pay extra just to sit next to one another.

Three of the largest U.S. airlines have inched up fares in what could mark the first industry-wide hike since June.

The National Transportation Safety Board is meeting to try to determine what likely caused a Virgin Galactic spaceship to break apart over the Mojave Desert during a test flight 10 months ago, killing the co-pilot and seriously injuring the pilot.

It was a rough day for technology: The nation's biggest airline, its biggest stock exchange, and its most prominent business newspaper all suffered technology problems that upended service for large portions of time Wednesday.

Seattle, notorious for boom-and-bust cycles stretching back to the 19th century Alaska gold rush, is booming once again.

American Airlines has stopped flights heading to Dallas, Chicago and Miami because of a computer-systems problem.

Online taxi-hailing company Uber Technologies Inc has closed a new round of funding that values the company at close to $51 billion, the Wall Street Journal reported, citing people familiar with the matter.

Delta pilots have voted against a tentative agreement approved by their union and the airline's management, leaving the company without a new contract, the pilots union said Friday.

Oshkosh Corp. was awarded a $6.7 billion contract to build the first batch of as many as 55,000 light trucks to replace the aging Humvees used by the U.S. Army and Marine Corps, the Pentagon said Tuesday.

Package delivery company FedEx reported a higher quarterly net profit, but missed Wall Street estimates as weak global economic conditions and the strong U.S. dollar weighed on results.