NEW YORK, April 18- A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees.» Read More
The grounding of Boeing global fleet of 787 Dreamliner passenger jets due to undiagnosed battery problems is taking its toll on the hundreds of pilots.
The head of the Federal Aviation Administration said "a great deal of testing" will be needed on Boeing's beleaguered line of 787 planes, before Dreamliners are cleared to fly again.
General Motors, which still needs the federal government to approve how much it pays top executives, wants to pay CEO Dan Akerson $11.1 million this year, according to documents obtained by CNBC.
All Nippon Airways have canceled a further 1,714 international and domestic flights from March 31 to May 31, the Japanese airline said Monday, due to the grounding of the Boeing 787 Dreamliners. The cancellations will affect 41,600 passengers.
The storm that blanketed the Midwest earlier this week, dumping more than a foot of snow in Kansas and forcing hundreds of flights to be canceled, is now headed for New England. For Boston, it's the third straight weekend of major snow.
38 days after the Federal Aviation Administration grounded the Boeing 787, executives from the airplane maker are laying out their plan to get the Dreamliner back in the air.
Prime Minister Shinzo Abe wants to spend more than $100 billion on infrastructure in the next 15 months to help revive his country's economy. But does the ultra-modern nation need it?
Ford is pumping $200 million and adding 450 workers to its Cleveland Engine Plant as it moves to meet growing demand for more fuel efficient models.
Australia's flagship carrier Qantas Airways said it has received compensation from Boeing for delays in deliveries of the grounded 787 Dreamliner jet.
Engineers working at Boeing approved the planemaker's latest contract offer in a vote on Tuesday, likely paving the way for a full agreement as Boeing attempts to focus its resources on fixing battery problems on its 787 Dreamliner.
The union for Boeing's engineers and technical workers is counting ballots Tuesday on a contract offer and whether to authorize a strike. The union is recommending that members reject the offer because it would not provide pensions to new employees.
The fire on board the Carnival Corp cruise ship that drifted for days in the Gulf of Mexico awash in raw sewage started from fuel from a leaking diesel engine line that ignited, the U.S. Coast Guard said on Monday.
After sitting out the industry's last round of mega-mergers, airline giants AMR Corp , parent of American Airlines, and US Airways Group are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors' committee in bankruptcy.
Airbus has started informing airlines that have ordered the new A350 that the new plane will have Nickel-Cadmium batteries, rather than lithium-ion batteries, the European plane maker told CNBC Thursday.
American Airlines and US Airways plan to merge in a deal that would create the world's largest carrier and caps years where the industry was marked by bankruptcy and consolidation.
The Boards of American Airlines and US Airways have voted to merge the two airlines creating the world's largest carrier.
Unsecured creditors of American Airlines parent AMR have approved an $11 billion merger with US Airways, sources said. The deal is expected to be announced Thursday.
The NYT review of the Tesla is the latest example of a new vehicle test drive rubbing either the automaker or fans of the automaker the wrong way.
After more than a year of courtship, US Airways is just days from finally merging with American Airlines, and some are wondering if this is the end of the line for the run-up in airline stocks.
Boeing completed what it called an "uneventful" test flight of a 787 Dreamliner, its first since the airplanes were grounded more than three weeks ago after a series of battery-related problems.
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