Transportation news and more!
HANOI, July 10 (Reuters) - Fledgling Vietnamese carrier Bamboo Airways moved a step closer to starting operations on Tuesday as the government said it would authorise the transport ministry to issue it with an aviation…
SAO PAULO/PARIS (Reuters) - Boeing Co (BA.N) struck a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA (EMBR3.SA) under a new $4.75 billion joint venture, the firms said…
Beginning in 2017, United Continental (NYSE: UAL) executed an abrupt strategy shift. After years of slow growth, the U.S. airline giant began expanding aggressively, with a particular focus on adding more routes to small and…
SAO PAULO (Reuters) - Embraer SA (EMBR3.SA) Chief Executive Officer Paulo Souza e Silva said the company is in the final stage of talks to combine operations with Boeing Co (BA.N), newspaper Valor Economico reported…
Airline stocks have plunged this week for two major reasons. First, trade tensions with China caused investors to start worrying about demand. Second, oil prices have started moving higher again, following a brief respite prior…
SINGAPORE (Reuters) - AirAsia X Bhd (AIRA.KL) needs to ensure the price, performance and engines of the Airbus SE (AIR.PA) A330neo are right before it will "finally confirm" its order for 66 of the jets,…
SAN FRANCISCO (Reuters) - Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours…
A custom jet once owned by Elvis Presley is up for sale, just a year after fetching nearly half a million dollars. The unrestored plane, a 1962 Lockheed Jetstar, has hit the auction block through…
SHANGHAI (Reuters) - China's regional jet market is struggling to get off the ground as Beijing slows approvals for new airlines, industry executives say, dashing hopes that recent policy changes would drive aircraft sales. Foreign…
There’s little doubt that a couple of fatal crashes this past winter hurt Amtrak’s image in the minds of many U.S. consumers. Since then, data from "You Gov Brand Index" suggests that the public’s perception of the…
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