Transportation

Fisker puts U.S. workforce on furlough this week

Fisker Automotive, which has not made a vehicle since July, placed its U.S. workforce on furlough this week as part of its effort to keep costs low while it continues to search for a strategic partner, the U.S. automaker said on Wednesday.

EADS shareholders back sweeping ownership change

Airbus parent EADS won backing for sweeping changes in its structure, claiming "emancipation" from political interference as shareholders tore up a Franco-German ownership pact in favor of greater management freedom.

Boeing 787 takes to sky in first flight check

A Boeing Co 787 Dreamliner took to the sky on Monday in the first of two flights aimed at showing that the plane's new lithium-ion battery system meets regulatory safety standards, a key step toward ending a two-month, worldwide grounding of the high-tech jet.

Boeing sets initial 787 check flight, NTSB plans forum

Boeing Co said it plans a two-hour flight of a company-owned 787 airliner on Monday, to be followed by ground and flight certification tests of proposed changes to the 787's lithium ion batteries in coming days.

Lufthansa willing to accept more strikes if needed

German airline Lufthansa is willing to accept more strikes if necessary, including the participation of its pilots, to get the flexibility it needs, Chief Financial Officer Simone Menne told reporters in New York.

IATA raises profit outlook for world's airlines

The world's airlines nudged up their profit forecasts for 2013, reflecting growing confidence in the global economy and the financial performance of airlines, the International Air Transport Association said on Wednesday.

Chevrolet consolidates advertising under one roof

General Motors Co's Chevrolet brand is consolidating its global advertising, undoing a partnership created a year ago between Interpublic Group's McCann Worldgroup and Omnicom Group's Goodby, Silverstein & Partners.