ANA's investment comes after Skymark filed for bankruptcy in January. Skymark agreed a 9 billion yen deal with Integral earlier this year and has been seeking other parties to help it turn the business around. Integral and ANA have made agreements on matters including the eventual relisting of Skymark and sustaining the number of employees, the sources said.» Read More
Asia is set to become the biggest market for Airbus, the company’s CEO told CNBC following a deal to supply new aircrafts to Malaysia’s AirAsiaX.
No matter what the FCC decides, there will be no in-flight phone conversations by passengers on Delta or JetBlue, the airlines say.
Malaysian long-haul budget carrier AirAsiaX announced an order for 25 Airbus A330-300 aircraft on Wednesday.
FedEx on Wednesday reported quarterly results that missed Wall Street estimates as revenue declined at its biggest unit, Express Delivery.
There's been a dip in imports and exports, according to the latest figures for ocean container freight in and out of the United States.
Boeing authorized a $10 billion share buyback, and said it would raise its dividend by 50 percent to 73 cents a share, the company said Monday.
Some say the Christmas video, which has been received more than 19 million views on YouTube, promotes consumerism.
Hoping to boost its economy and create jobs, Oklahoma is positioning itself as a future hub for the growing, commercial drone industry.
Air Canada said it will purchase up to 109 of Boeing 737 MAX, a win for the aircraft maker and significant shift in supplier for Canada's carrier.
Matt Rose, one of Warren Buffett's possible successors as Berkshire Hathaway's CEO, will drop his CEO role at BNSF and become the railroad's chairman.
Canada Post will begin to phase out door-to-door mail delivery and convert service to community mailboxes, the Toronto Star reported Wednesday.
Pilots of an Asiana Airlines plane that crash-landed in San Francisco in July tried to correct it in the final seconds before impact.
Since June 2010 NYC's Metropolitan Transportation Authority has given more than 250,000 late notes to subway riders if their trains is tardy.
And let's be clear. Investors don't expect the airline to be simply profitable, but very profitable.
Delta bought an oil refinery in 2012 to help control jet fuel costs and made a profit on the Pennsylvania facility for the first time in the third quarter.
From novelty bombs to skull fragments, the TSA has had a long, strange year.
A newly developed set of ocean freight data indicates exports are well below previous years. And imports, while starting the year fairly strong, are sputtering.
Are airlines providing their passengers with all the available information when it comes to potential flight delays? It depends on who you ask.
While adding capacity during high-demand periods makes sense in theory, the reality is far more complicated.
Officials believe a derailment at a northern Ohio rail yard damaged a railcar and leaked flammable liquid that led to evacuations.