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Business Transportation


  • UPDATE 1-American Airlines CEO opts for shares, no salary Wednesday, 22 Apr 2015 | 7:04 PM ET

    April 22- The chief of American Airlines Group Inc has opted to receive his primary pay in stock starting on Wednesday, drawing union criticism because he has opposed linking the pay of pilots to the company's performance. Parker was paid about $12.3 million in 2014, including a $7 million stock grant. Allied Pilots Association spokesman Gregg Overman said...

  • Boeing profit jumps on higher jet deliveries Wednesday, 22 Apr 2015 | 8:11 AM ET
    An employee works on the nose of a Boeing Co. 777 airplane at the company's facility in Everett, Washington.

    Boeing delivered quarterly earnings that topped analysts' expectations on Wednesday, helped by rising demand for commercial aircraft.

  • FRANKFURT, April 22- Nokia's maps business has drawn interest from at least four potential acquirors, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported on Wednesday. Uber, Hellman& Friedman, BMW, Audi and Daimler were not immediately available for comment. Finland's Nokia said last week it had started a...

  • Japan's Maglev train breaks world speed record, again Wednesday, 22 Apr 2015 | 12:50 AM ET

    A state-of-the-art Japanese train broke its own world speed record when it topped out at 374 miles per hour in a test run near Mount Fuji. NBC News reports.

  • I'm trying to make aviation safer: Detained hacker Tuesday, 21 Apr 2015 | 6:48 PM ET

    The security researcher who was detained FBI last week after tweeting about an airline's security vulnerabilities said he didn't mean any harm.

  • Start-up aiming to disrupt shipping raises $50M Tuesday, 21 Apr 2015 | 11:13 AM ET
    A Shyp package being prepared for shipment.

    Shyp is the latest start-up aiming to upend an existing, and hugely profitable, business, in this case the $300 billion shipping industry.

  • COLUMN-Cheaper fuel to boost container shipping: Kemp Tuesday, 21 Apr 2015 | 9:57 AM ET

    LONDON, April 21- Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. In September 2008, shortly after oil prices had peaked, shipping lines were adding a surcharge of almost $1,500 to the cost of shipping every 40- foot container between Asia and the West Coast of the...

  • Is London's taxi market overcrowded? Tuesday, 21 Apr 2015 | 12:16 AM ET
    Is London's taxi market overcrowded?

    Ron Zeghibe, executive chairman and founder of HAILO, discusses whether London's competitive market can accommodate the rise of taxi hailing apps and the city's black-cab drivers.

  • Lost in a city? This transport app will be your savior

    Azmat Yusuf, founder of London-based Citymapper, introduces the urban transport app which provides users with real-time information. He also discusses the company's launch in Singapore.

  • Unplugged no more: Subways going digital Monday, 20 Apr 2015 | 1:37 PM ET
    Woman using smartphone in subway

    Subways may no longer be digital black holes for riders, as many of the country's largest cities are working to bring cell service underground.

  • LONDON, April 20- Ship container line Hapag-Lloyd has placed an order for five vessels as it looks to bolster trade in Latin America ahead of next year's planned expansion of the Panama Canal, the world's fourth biggest player said on Monday. Hamburg- headquartered Hapag-Lloyd, which completed a merger with Chile's Compania Sud Americana de Vapores in December,...

  • Airline customer satisfaction gets a bit better Monday, 20 Apr 2015 | 10:51 AM ET
    Passengers at O'Hare Airport in Chicago

    While data shows the quality of airline service is deteriorating, a new report suggests customer satisfaction is improving, Today reports.

  • FRANKFURT, April 19- Families of the victims of the Germanwings crash are considering filing a claim for damages in the United States if they cannot reach agreement with parent airline Lufthansa in Germany, a lawyer representing the families said on Sunday. "If the airline is not prepared to do so, however, we will look seriously at making a claim in the United...

  • Japan's ANA Holdings to buy stake in Skymark Airlines Saturday, 18 Apr 2015 | 7:18 AM ET

    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.

  • In Silicon Valley, the private jet business soars Friday, 17 Apr 2015 | 3:38 PM ET
    Jets flying over Golden Gate Bridge

    Traffic is a serious problem in Silicon Valley, but for residents who value their time, and who boast deep pockets, there's a solution.


  • JOHANNESBURG, April 17- Buying the catering unit of cash-strapped state airline South African Airways could work for Bidvest Group, its chief executive said on Friday. "We have not looked at the asset but it could make sense for us," Brian Joffe, Bidvest's chief executive officer, told Reuters, referring to Air Chefs. The labor and communist alliance partners in the...

  • LONDON, April 17- Rolls-Royce has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai's Emirates airline, the largest order in its history and giving it a boost after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

  • LONDON, April 17- Emirates president Tim Clark said on Friday the airline is still waiting for a decision from Airbus over whether the planemaker will proceed with a revamp of the A380 superjumbo. Emirates, which is the leading buyer of the existing A380 jet with 140 orders, has said it would look at placing an order for up to 200 of the so-called A380neo jets should...

  • LONDON, April 17- Rolls-Royce said it had won a $9.2 billion order to supply engines for 50 A380 aircraft for Dubai's Emirates airline, providing a boost for the British company after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

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