In a blow to GE’s (NYSE: GE) huge jet engine division, The National Transportation Safety Board issued two urgent safety recommendations to the Federal Aviation Administration (FAA) regarding two recent occurrences in which the fan…
This proposed merger between EADS and BAE is going to be more than complicated. Frankly, we also wonder about the legality of such a merger and wonder how other defense and aerospace firms will not…
A number of airlines are trying to take back their booking business from travel websites like Priceline.com Inc. (NASDAQ: PCLN), Orbitz Worldwide Inc. (NYSE: OWW), Expedia Inc. (NASDAQ: EXPE), TripAdvisor Inc. (NASDAQ: TRIP), Kayak…
German automaker Daimler plans to sell about half its 15% stake in European Aeronautic Defence & Space Co. (EADS) to German bank KfW Bankengruppen by the end of this year. Daimler controls more than…
Boeing cockpitThe demand for new civilian passenger and freight aircraft in the 2012-2031 time frame promises to double the existing fleet at a cost of about $4 trillion over the 20-year period. The forecast…
AMRBankrupt AMR Corp. and US Airways Group Inc. (NYSE: LCC) have announced that the two companies have entered a nondisclosure agreement (NDA), under which the companies have agreed to exchange certain confidential information and,…
Passenger travel actually posted a 3.4% year-over-year gain in July, but that gain was much lower than the 6.3% increase in June and the 6.5% increase in the first six months of 2012. July…
The use of cellphones during a passenger airline flight interferes with cockpit instruments. That means that the phones might cause a plane to crash, or at least that is what carriers probably want passengers to think.…
AMRIt is almost hard to believe, but AMR Corporation (NASDAQOTH: AAMRQ.PK) has proven to be profitable in the month of July. AMR has made an SEC Filing which discloses its Monthly Operating Report for…
In a new report from the Congressional Research Service, written by Richard F. Grimmett and Paul K. Kerr, the agency said that U.S. arms exports reached $66.3 billion, according to an account in The New York…
Boeing Co. (NYSE: BA) is leading the Dow Jones Industrial Average lower this morning after its shares are being hit due to an order cancellation by Australia’s Qantas Airways. The order was supposed to…
What austerity measures affecting military spending? That is what Oshkosh Corporation (NYSE: OSK) may be asking. The U.S. Department of Defense has awarded the Oshkosh Defense unit a contract for the Joint Light Tactical Vehicle program’s…
The recovery and consolidation of the airline industry since the recession has helped the sales of both Boeing Co. (NYSE: BA) and Airbus. But the momentum has started to shift the other way as…
JetBlue Airways Corp. (NASDAQ: JBLU) will not be one of the bidders for the assets of bankrupt AMR, parent of American Airlines. That does not leave the crippled airline without a suitor. U.S. Airways…
AMRAMR Corp., the parent of American Airlines, is considering what its CEO calls the “attractive option” of a merger with smaller competitor US Airways Group Inc. (NYSE: LCC) as the company prepares to exit…