WASHINGTON— Congress sent President Barack Obama a three-month bill to keep highway and transit money flowing to states on Thursday, one day before the deadline for a cutoff of funds. Earlier in the day, the Senate passed a sweeping, long-term transportation bill, setting up discussions with the House this fall on what the future course of transportation policy...» Read More
The Chinese come to the Paris Air Show as both the world’s largest purchaser of jetliners and a budding manufacturer projected by some to one day challenge the dominance of Boeing and Airbus.
The aerospace sector is “closer to the beginning than the end” of an upswing in orders, the chief executive of Boeing told CNBC Monday.
Ferretti, the Italian luxury yacht builder, is turning to the new super rich of Brazil as sales have slumped to its traditional ‘old economy’ customers in the marinas of the Mediterranean, the FT reports.
Expect to see biofuels powering more flights in the coming months, as next-generation “green” fuels get the green light to take off.
Cash-strapped nations are only now starting to loosen the purse strings on defense spending, and many may still be looking for bargains at the Paris Air Show this year..
Known as the BRICs, Brazil, Russia, China and India look to compete on level ground with traditional players in the aviation industry.
Strong travel bookings and surging global sales will translate into 1,040 commercial-plane deliveries worldwide this year and 1,225 next year, after two very lean years.
Demand for business jets could be flying high once again, as the economy slowly recovers and emerging global markets enter the fray. While business might not be picking up full throttle just yet, there is “cautious optimism” based on three important industry markers.
Shipping company UPS has been barred from moving air cargo through some U.K. facilities because of security deficiencies, the British government said Friday.
Given the doom and despondency across so many parts of the EU economy and with European governments tumbling over themselves to reverse years of living beyond their means, next week's Paris Air Show at Le Bourget should provide something to cheer, writes Howard Wheedon, Senior Strategist at BGC Partners.
To get a better sense of its future prospects, Cramer chats with this shipping company's top executive.
Discussing global economic fears and sky high oil prices, and its impact on the airline industry, with Jeff Smisek, United Continental Holdings president/CEO.
Representatives of the nation’s airports, who would like to be able to raise the limit on the $4.50 maximum charge that they can impose on each passenger who comes their way. the New York Times reports.
Are investors worried about the financial health of the airlines? Insight with Charlie Leocha, Consumer Travel Alliance and Seth Kaplan, Airline Weekly.
The end of Europe's love affair with nuclear energy provides fertile ground for the development of other renewable sources of power, according to the head of European infrastructure at private equity house Kohlberg Kravis Roberts (KKR), which has just completed a major deal in the sector.
The aviation industry is in recovery mode, but a lot depends on whether positive forecasts for 2011 and 2012 pan out. The Paris Air Show in late June will shed some light on that.
NADAguides, a publisher for vehicle pricing, came out with its annual list of the most fuel-efficient vehicles of 2011. Click ahead for the 2011 model year’s most fuel efficient vehicles.
Energy used to be something we took for granted; it is was cheap, accessible and plentiful. Now, energy seems precious, complicated and fractious, a chip in the high-stakes game of geopolitics.
The resulting yo-yo effect on fuel prices for the last three years has made it hard for consumers and businesses to loosen their purse strings enough to jump start the lackluster economy.