CHATTANOOGA, Tenn. _ Covenant Transportation Group Inc. on Wednesday reported second-quarter earnings of $3.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Covenant Transportation shares have risen roughly 8 percent since the beginning of the year. » Read More
Oil will go down to the mid 80's per barrel, says Joe Petrowski, , Gulf Oil CEO, who says there is a little more realization that we have to focus more on carbon in the near future and not rely on imported barrels.
A contract for 200 Airbus 320NEO, along with an option for another hundred aircrafts, are expected to be unveiled by the pan-European plane builder Airbus on Thursday.
Even on a down day, there are stocks that can defy the Federal Reserve's dour outlook on the U.S. economy.
Jeffrey Kauffman, Sterne Agee & Leach, and Jason Seidl, Dahlman Rose & Co shed light on why FedEx is a buy right now.
FedEx reports a 33 percent rise in Q4 profit as higher surcharges helped offset the rising cost of fuel. Insight with Urs Dur, Lazard Capital Markets.
The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.
A preview of the shipping company's earnings and whether it's a buy at this price, with Justin Yagerman, Deutsche Bank..
The U.S. economy is in a "tentative" recovery but there are signs it is slowly improving, Schneider National CEO Chris Lofgren told CNBC Tuesday.
A look at how the transportation sector is performing and a few picks in rails and airlines, with Arthur Hatfield, Morgan Keegan and Hunter Keay, Wolfe Trahan & Co.
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.