Transportation news and more!
Carvana (NYSE: CVNA), a leading e-commerce platform for buying used cars, today launched its largest Car Vending Machine to date, located in the company’s hometown, Tempe, Ariz. Standing nine stories high, the all-glass tower holds…
Fort Worth-based Bell partnered with French aerospace giant Safran to help manufacture its vertical take-off and landing aircraft concept, the companies announced Tuesday. The concept, called VTOL for short, is Bell's attempt to gain entry…
MONTREAL (Reuters) - As Bombardier (BBDb.TO) surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus (AIR.PA), the Canadian company is now drawing up…
In a letter sent to Tesla (TSLA) employees late Sunday and obtained by CNBC, Chief Executive Elon Musk said an employee has engaged in “quite extensive and damaging sabotage" to the business including changing the…
(Reuters) - WestJet Airlines Ltd and JetBlue Airways Corp founder David Neeleman is planning to launch a new budget airline in the United States, with $100 million in startup capital, according to a report from…
PARIS (Reuters) - Airbus is considering adding extra endurance to the longest-range version of its A321 passenger jet in a further effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing,…
BERLIN (Reuters) - European efforts to develop a next-generation military combat jet will end in disaster if individual governments insist on dictating specific suppliers or sites, the chief executive of European aerospace firm Airbus (AIR.PA)…
The city of Chicago has selected Elon Musk's The Boring Company to build a high-speed transit system connecting O’Hare Airport and downtown Chicago. The plan calls for an underground tunnel system where passengers would be transported between…
At an industry conference last week, Hawaiian Holdings (NASDAQ: HA) CEO Peter Ingram told reporters that Hawaiian Airlines had experienced a modest decline in bookings due to the continued eruption of Kilauea: a volcano on the Big Island…
(Reuters) - Electric car maker Tesla Inc (TSLA.O) is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable without endangering the critical production ramp-up for its Model 3…
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