Aug 4, 2011 General Motors today reported its profit nearly doubled in the 2nd quarter thanks to higher prices on its cars and trucks. Analysts believe GM may have made a permanent turn from its unprofitable days of the past.
Aug 4, 2011 A team of engineers from the Federal Aviation Administration is in Washington today, lobbying Congress to come to an agreement on an FAA budget
Sep 22, 2011 Congress has gone on vacation without funding the FAA. Now inspectors have to work without pay, and the nation goes $1.2 billion short
Aug 2, 2011 Congress may not come to a decision on the FAA budget for at least month, curtailing about $200 million a week in tax revenues. That means no work for 4,000 agency employees and 70,000 construction workers.
Sep 22, 2011 American airlines is buying 460 new jets but only 200 of those will come from U.S. manufacturer Boeing. The rest will be made in Europe by Airbus.
Nov 29, 2011 In an effort to reduce high fuel costs, American Airlines has ordered 460 new planes from Boeing and Airbus. The deal will phase out the carrier's current gas-guzzling fleet.
Sep 22, 2011 Now that passengers are used to bringing carry-on luggage and packing their own lunches, airlines are finding new ways to get them to spend.
Sep 22, 2011 The airline will be testing using a bio-blend on one short route in Germany.
Sep 22, 2011 The supply chain for Boeing's long-awaited 787 jet has been stopped again to allow workers to catch up with assembly.
Sep 22, 2011 Southeast Asia's largest budget carrier, AirAsia, plans to buy 300 Airbus passenger jets -- a record-breaking order that would make the Malaysia-based airline one of the world's largest carriers.