Transportation

Lufthansa signals major wide-body jet order

Deutsche Lufthansa signaled its second major aircraft order in six months on Wednesday, saying its supervisory board had backed a long-haul fleet plan that industry watchers expect to benefit Airbus and Boeing .

Consumers hungry for trucks in July, but fleet sales weak

Auto sales to individual U.S. consumers beat expectations in July and major automakers reported low inventories for many hot-selling models, such as Ford Motor Co's Fusion mid-size sedan, suggesting that sales would strengthen further this year.

Ansaldo Breda says ready for legal action over rail deal

Train manufacturer Ansaldo Breda, a unit of Italian defence company Finmeccanica , said it was ready to take legal action against Dutch railways group Nederlandse Spoorwegen (NS) for cancelling a 300 million euro contract.

Fiat halts new investments pending clarity on labor law

Fiat SpA will put new investments on hold until it gets a clearer idea of the impact of a court ruling that a portion of Italy's labor rules are unconstitutional, its chief executive, Sergio Marchionne, said on Tuesday.

Boeing reshuffles 787 chief engineer, other commercial jobs

Boeing Co said on Friday it had announced internally that it was rotating five executives in its commercial airplanes division, including Mike Sinnett, the chief engineer on the company's 787 Dreamliner, which has been hit by a series of technical challenges.

Boeing Dreamliner catches fire at London's Heathrow airport

A Boeing 787 Dreamliner operated by Ethiopian Airlines caught fire at Britain's Heathrow airport on Friday in a fresh blow for the U.S. planemaker whose new model was grounded for three months after one high-tech battery caught fire and another overheated.