Topic: Transportation

India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. The FT reports.

AirAsia is studying a potential $4 billion deal to buy another 50 Airbus A320 passenger jets, its founder told Reuters on Thursday, extending the budget carrier's dramatic growth, months after it placed a record order for 200.

Chrysler CEO Sergio Marchionne, blunt in his assessment of how European leaders have handled their faltering economy, says Europeans need to stop complaining.

As auto sales grow so is the length of time consumers are taking to pay for their new car or truck.

Mazda Motor is in talks with Fiat to form a business tie-up, a source said, as the loss-making Japanese automaker seeks a revival path after losing its strategic partnership with Ford Motor.

New data from Polk Automotive shows the three largest US auto brands have lost market share to foreign rivals over the last three years.

Qantas Airways, said it plans to split its loss-making international and profitable domestic businesses, though Australia's top airline was viewed by analysts as unlikely to spin off or sell the international operations.

Australia's top airline Qantas Airways said it will consolidate its three heavy maintenance facilities and stop doing heavy maintenance at Tullamarine in Melbourne, resulting in 500 job losses.

In these tough market conditions, it could be said that no private jet model is 100 per cent safe. But this has not stopped new types of private jet travel emerging.

AMR Corp, parent of American Airlines, bowed to pressure on Friday from its unsecured creditors, including its largest labor unions, and said it would explore merger options while it is still in bankruptcy.

The mean amount of time U.S. workers spend commuting is 23.8 minutes, or almost four hours a week, so their cars had better be comfortable, reliable and nimble. Kelley Blue Book has provided CNBC.com with its list of 10 cars that are the best for commuting.

Asia’s premium legacy carriers Singapore Airlines and Cathay Pacific are struggling to stay profitable owing to increasing competition and falling passenger traffic, with aviation analysts warning that the turbulence is going to last.

Singapore Airlines, the world's second largest carrier by market value, reported an unexpected loss for its fiscal fourth quarter, hurt by weak travel demand and soaring jet fuel prices.

China sales by Japan's Toyota Motor and its two local joint-venture partners rose 68 percent in April from a year earlier to about 81,700 vehicles, according to a company spokesman.

Australian carrier Qantas is delaying delivery of two new Airbus A380s to help cut capital spending, a further blow to planemaker Airbus which has already seen China pull out of orders over a EU airline emission charge row.