WASHINGTON— A weaker global economy— and a slowdown in China— will likely dampen some of the growth in air travel over the next two decades. The International Air Transport Association says the number of airline passengers is expected to double to 7 billion by 2034. That figure marks a decrease from a prior forecast of passengers totaling 7.4 billion in 2034,...» Read More
CNBC's Michelle Caruso-Cabrera takes a look at the state of our nation's crumbling infrastructure, and whether there's a role for private sector investment.
To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation.
Everyone has experienced it, and no one enjoys it: the airport delay. But there are some airports where you might decide that a longer-than-expected layover is not such a bad thing.
On one hand the idea of another record year for aerospace manufacturing hardly makes sense, and yet on the other, air travel remains an industry that is still expanding.
While other industries remain mired in red ink amid the global recession, Boeing and Airbus, the two largest aircraft manufacturers, are entering a period of unprecedented growth.
Despite being profitable in 2011, the airline industry is bracing for turbulence in 2012. The combination of major tax increases and fuel prices that are widely expected to rise means there could be rougher skies ahead for the carriers. Passengers, as well, will likely face fewer frills, fewer route options and notably higher prices.
Federal officials are examining the safety of electric car batteries after a Chevy Volt's lithium-ion battery caught fire.
Discussing the automaker's revenue growth and profitability, with Daniel Ammann, General Motors CFO, who also weighs in on the company's growth challenges due to macroeconomic environmental conditions in Europe, for example.
So far this year, Alaska Air Group is the only major airline to show a share price gain for the full year. Through Wednesday's close, Alaska shares were up 13 percent year-to-date.
Ryder System's earnings were driven by "positive momentum" in commercial freight shipments and an increasing need for the company's rental trucks, CEO Gregory Swienton told CNBC Tuesday.
Unveiling this year's SUV winner and the ten finalists, with Angus Mackenzie, Motor Trend Magazine editor-in-chief and CNBC's Phil LeBeau.
Billions of tax dollars are being spent on a high-speed railway in California that supporters say will bring thousands of jobs, but some are calling it a boondoggle. KNTV's Scott Budman has the details.
CNBC's Phil LeBeau has the details behind the deal with UAW contract with Ford and Delorean's electric ride.
As railroads go, so goes the economy, and CSX's results show the U.S. economy may be improving, Chief Executive Michael Ward told CNBC Wednesday.
"Back to the Future," the movie to most prominently feature John DeLorean’s gull-winged icon of 1980s cool, ends with the future version of the DeLorean time machine running on household garbage. Well, folks, the future is now, and the new DeLorean doesn’t need gas or rubbish. The DMCEV, which will go into production by 2013, will run entirely on electricity.
A breakdown of the railroad's Q3 results and what is driving its business, with Michael Ward, CSX Corporation president/chairman/CEO, who explains that all key markets have had revenue growth and the company expects continued modest growth to come.
In what could end up being a honeymoon from hell if someone's not paying attention to details, a cruise on the 72-foot-long Sea Dragon will embark next May on a two month tour hunting for trash.
Analysts have been raising their predictions for holiday spending ever since the back-to-school shopping season was stronger than most had expected. But the people who work at the companies that ship and transport retailers’ goods are not nearly as optimistic about holiday sales. The New York Times reports.
Check out the 10 worst cities for commuting, accompanied by some of the commuting-related findings specific to each city.
The World Health Organization recently released a report on air quality in countries around the globe, on which we based a list of the ten most polluted countries.