• American, Southwest signal solid demand ahead of earnings Wednesday, 9 Jul 2014 | 10:39 AM ET

    July 9- American Airlines Group Inc and Southwest Airlines Co forecast growth in an important revenue measure for the second quarter, signaling that demand for air travel is solid during the summer.

  • Boehner: Use pension trick to save highway fund Wednesday, 9 Jul 2014 | 10:34 AM ET
    Speaker John Boehner, R-Ohio

    House Speaker John Boehner said he welcomes a "pension smoothing" idea for raising highway funds and hopes to pass a bill within two weeks.

  • American, US Airways June passenger traffic rises Wednesday, 9 Jul 2014 | 10:08 AM ET

    FORT WORTH, Texas— The parent company of American Airlines and US Airways said Wednesday that June passenger traffic rose 1 percent from the same month a year ago and said it expects passenger revenue to rise in its second quarter.

  • Germany's Lufthansa plans long-haul budget airline Wednesday, 9 Jul 2014 | 8:19 AM ET

    BERLIN— Germany's Lufthansa says it plans to expand its budget airline operation to offer long-haul flights, possibly in cooperation with Turkish Airlines. Deutsche Lufthansa AG, Germany's biggest airline, has been trying to cut costs amid tough competition from European budget carriers and aggressively expanding government-owned Gulf airlines.

  • Boeing seals $56B Emirates Airline order Wednesday, 9 Jul 2014 | 7:01 AM ET

    NEW YORK— Boeing has finalized a $56 billion agreement to build 150 777 X aircraft for Dubai's Emirates Airline. Emirates Airline also has purchase rights for an additional 50 aircraft.

  • July 9- Dubai airline Emirates finalized a $56 billion order to buy 150 Boeing 777 X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus.

  • WASHINGTON, July 8- The head of Delphi Automotive Plc, maker of ignition switches linked to at least 16 fatal car crashes, is expected to face intensive questioning next week from a U.S. Senate panel investigating General Motors Co' handling of the issue.

  • Bay Area governments make big electric-vehicle buy Tuesday, 8 Jul 2014 | 2:10 PM ET

    The six cities, two counties and two water agencies have gone in together to buy 90 electric vehicles with the help of a $2.8 million grant from the Metropolitan Transportation Commission, a regional transportation agency, officials with the Bay Area Climate Collaborative said on Tuesday.

  • American's CEO says demand for travel still bright Tuesday, 8 Jul 2014 | 1:49 PM ET

    FORT WORTH, Texas— The CEO of American Airlines says travel demand is still strong and he is not worried about airlines adding so many flights that they will drive down prices. American Airlines Group Inc. CEO Doug Parker said Tuesday that airlines can charge profitable fares even as they add seats, which is different than in past years, when they were losing money.

  • Midday Glance: Airlines companies Tuesday, 8 Jul 2014 | 1:41 PM ET

    Delta Air fell$. 90 or 2.4 percent, to $36.00. JetBlue Airways Corp. fell$. 30 or 2.8 percent, to $10.32. Southwest Airlines Co. fell$. 57 or 2.1 percent, to $26.60.

  • NEW YORK, July 8- The last of six Boeing Co fuselages damaged in a train derailment were expected to be recovered on Tuesday, the railway said, clearing the way for full train service to resume. But it remained unclear when Boeing's assessment of the damage to its aircraft parts would be finished.

  • SkyWest Airlines fined for drug-testing violations Tuesday, 8 Jul 2014 | 12:43 PM ET

    SkyWest Airlines Inc., based in St. George, Utah, also allegedly failed to receive verified negative drug test results for two other employees before hiring them to safety-sensitive positions, the FAA announced Tuesday.

  • Ten states with the worst highway spending woes Tuesday, 8 Jul 2014 | 9:48 AM ET

    State officials are pausing critical highway, bridge and mass transit projects as collapse of the federal Highway Trust Fund looms. Fiscal Times.

  • *Black Sea grain exports set to grow, intensifying export price rout. "When it comes to the grain season ex U.S. we believe this will be a strong season and we believe the same will be the case with the season ex Black Sea," said Jens Ismar, chief executive of shipping group Western Bulk.

  • *India's giant railway system is slow, congested. India's state-owned railways are the fourth-largest in the world. "The bulk of our future projects will be... by the PPP model," Railway Minister Sadananda Gowda told India's parliament in his first budget, referring to public-private partnerships.

  • Big business pushes Congress on crumbling roads Tuesday, 8 Jul 2014 | 8:43 AM ET
    Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    As the Highway Trust Fund approaches exhaustion, business leaders are pushing for new roads and funds. The NYT reports.

  • *India's giant railway system is slow, congested. NEW DELHI, July 8- Prime Minister Narendra Modi's new government has nudged up spending on India's wobbly railways and will seek private funding for new projects, the rail minister said without giving details on how he will attract investors.

  • Truckers strike at Los Angeles, Long Beach ports Tuesday, 8 Jul 2014 | 6:11 AM ET
    Pier 400, right, sits idle at the Port of Los Angeles in Los Angeles, California.

    Drivers in a labor dispute with three trucking companies at the ports of LA and Long Beach began an indefinite strike Monday.

  • *Taking impairment to book value of Brazil oil assets. COPENHAGEN, July 8- Danish oil and shipping group A.P. Moller-Maersk is taking a $1.7 billion writedown on some oil assets it bought in Brazil, saying the results of appraisal drilling had been at the low end of its expectations.

  • India to push private investment in railways Tuesday, 8 Jul 2014 | 3:37 AM ET

    The bulk of India's future railway projects will be financed through public-private partnerships, the country's railways minister said.

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