The aeronautical industry is not experiencing a production bubble in the commercial sector, but supply will need to keep up with demand, David Baxt, Global Head of Aerospace and Defense at Jefferies, told CNBC.
Despite the United States’ dominance of the aerospace and defense industry, the UK’s biennial Farnborough air show, along with the Paris show, remains one of the biggest events on the calendar.
New venues such as Singapore, Dubai and Bangalore have grown in importance with the global economy, but Farnborough is not an anachronism; it remains a premier venue to take the industry's pulse.
A few days left before the Farnborough Air Show opens its gates to trade visitors, and signs for aircraft manufacturers are not good.
The world's No. 2 aircraft maker put top salesman Ray Conner in charge of its commercial plane unit only last week, and faces international customers' questions on how it plans to replace its successful but aging 777 mini-jumbo.
More hotels are outfitting rooms with sleek TV sets that act more like computers and concierges.
UK transport group Stagecoach is a decent mid-cap investment tip according to Scott Evans, Co-Head of Equity Research at Espirito Santo Investment Bank.
Spirit Airlines will add five new destinations from Dallas, and relocate operations from Washington D.C.'s Reagan National Airport to Baltimore later this year.
Boston airport will be the first U.S. location to use upgraded body scanners that display more generic, "Gumby"-like images of passengers. The new machines offer more traveler privacy without sacrificing security.
Japan Airlines’s initial public offering could be a monster affair. Analysts estimate that the airline could raise up to $8.8 billion in the offering, making it the biggest anywhere in the world since Facebook listed in May, the New York Times reports.
Hilton Hotels will build two new properties in Egypt in the coming years, including one with views of the famed Pyramids at Giza.
Delta Air Lines was named the top North American airline in a survey measuring online brand performance, with United and American following close behind in the second and third spots.
Online travel names, like Priceline and Expedia, are among a few of the S&P 500's top performers for the first half of the year. Jake Fuller, Lazard Capital Markets analyst, and Andre Sequin, RBC Capital Markets analyst, weigh in. "Travel is a lagging economic indicator, not a leading one," says Fuller.
Some of the unique businesses that have survived — or been revived on — Route 66.
Jack Koraleski, Union Pacific president & CEO, explains why he projects another record year for his company. "Business is good, there is a lot of noise in the economy about sliding back, but we're not seeing that," he says.
Airbus is planning to build the A320 plane at its new plant in Mobile, Alabama by 2016, and the plant will also employ 1,000 people. CNBC's Phil LeBeau has the details.
More than 3.2 million travelers will take to the skies this week for the Independence Day holiday, according to the AAA. While airfares may be flat compared to last year, hotel rates are higher.
Airports are installing attention-grabbing virtual assistant holograms that help guide passengers through security, and offer directions to baggage claim and other locations.
CNBC's John Harwood reports the Senate has passed bipartisan legislation on transportation and student loans.
Two years after recalling millions of vehicles because their floor mats could trap the gas pedal and cause unintended acceleration Toyota is once again issuing a recall for the same problem. This time it involves 154,000 of the 2010 Lexus RX 350 and RX 450 H models.