European debt crisis helps, hurts airlines

Sep 21, 2011
Thanks to a weak euro, there is a bump in tourism now, but prolonged economic woes will pull down airline profits.

The Federal Aviation Administration keeps flying

Sep 13, 2011
Congress is about to provide stopgap funding for the FAA -- and fight about it again later. Meantime, the FAA subsidizes rural airlines to the tune of millions. But fewer people are using them.

Airline passengers protected from hidden fees and overbooked flights

Aug 23, 2011
New federal rules prevent long tarmac delays, give extra compensation if fliers are bumped off flights and force airlines to clearly disclose all those extra fees

GM: Finally turning a corner?

Aug 4, 2011
General Motors today reported its profit nearly doubled in the 2nd quarter thanks to higher prices on its cars and trucks. Analysts believe GM may have made a permanent turn from its unprofitable days of the past.

Grounding the FAA brings surprising economic ripples

Aug 4, 2011
A team of engineers from the Federal Aviation Administration is in Washington today, lobbying Congress to come to an agreement on an FAA budget

Everybody loses as the FAA remains unfunded

Aug 3, 2011
Congress has gone on vacation without funding the FAA. Now inspectors have to work without pay, and the nation goes $1.2 billion short

For public good, not for profit.

FAA dispute centers on rural subsidies, union fight

Aug 2, 2011
Congress may not come to a decision on the FAA budget for at least month, curtailing about $200 million a week in tax revenues. That means no work for 4,000 agency employees and 70,000 construction workers.

American Airlines makes bumper plane purchase

Jul 20, 2011
American airlines is buying 460 new jets but only 200 of those will come from U.S. manufacturer Boeing. The rest will be made in Europe by Airbus.

American Airlines makes largest airplane order in history

Jul 20, 2011
In an effort to reduce high fuel costs, American Airlines has ordered 460 new planes from Boeing and Airbus. The deal will phase out the carrier's current gas-guzzling fleet.