aviation

General Electric Company (NYSE: GE) on Wednesday promoted Greg Conlon to president and CEO of its aviation finance and leasing arm to replace Alec Burger, who will continue as head of GE Capital and serve as chairman of GE Capital Aviation Services. The move comes after months of speculation that...

The United Kingdom (UK) Government's consultation on the aviation industry, which was launched in December will draw to a close on 11 April with the minister promising that the process will produce concrete policies by 2020. The consultation paper focuses predictably on the passenger side of...

Boeing Co (NYSE: BA) acquired aviation software developer ForeFlight, the airplane manufacturer announced today. Terms of the deal were not disclosed. ForeFlight, founded in 2007, has worked with Boeing for the past two years, delivering Jeppesen's navigation and flight planning tools and...

Though much of the clamor behind cryptocurrency abated over the last year, the legitimacy of the blockchain technology that fuels the currency is beyond doubt. Blockchain is now in different levels of adoption across various verticals, as businesses run pilot tests to see how well it fits their...

General Electric Company (NYSE: GE) reported better-than-expected earnings Friday morning, but the figures weren't strong enough for one bear analyst to turn positive. The Analyst JPMorgan's Stephen Tusa maintains a Sell rating on GE's stock and discussed the print on CNBC's...

United Technologies Corporation (NYSE: UTX) will acquire Rockwell Collins, Inc. (NYSE: COL) in a deal worth $30 billion, forging an aerospace behemoth producing virtually all types of avionics systems for commercial and defense aircraft. The purchase price includes $23 billion and the acquisition...

Boeing Co (NYSE: BA) and JetBlue Airways Corporation (NASDAQ: JBLU) are investing in a radical new startup that plans to use electric-hybrid planes and smaller regional airports to offer regional air travel at about 80 percent of current costs. Starting in the early 2020s, the Kirkland, Washington...

Shares of Garmin Ltd. (NASDAQ: GRMN) plunged to new 52-week lows of $31.86 on Thursday and are now lower by nearly 40 percent year-to-date. Jeremy David of Citi maintained a Sell rating with a $30 price target on Garmin after the company pre-announced disappointing third-quarter results on...

Shares of drone-maker AeroVironment (NASDAQ: AVAV) soared Wednesday, seeing a 13 percent bump for the day. But the question, according to Zacks, was whether the positive news would last. This was especially relevant given considering AeroVironment -- a company that has been so heavily involved...

Despite the relative flattening in the broader market, the transportation sector has continued to trend strongly higher and has yet to show signs of slowing down. This sector is often closely associated with the health of the domestic economy, as a result of goods and services being shipped...

The aviation industry has come roaring back into the black after the dark years following the 9/11 terror attacks and the effects of the Great Recession. But one place where the industry still finds its profits being eaten away is in fuel costs. Last month, according to the Dallas Morning News...

A strategic victory for Europe's Airbus Group (OTC: EADSY) over American rival Boeing (NYSE: BA), as the two airplane manufacturers compete across the globe: one of China's largest carriers, China Eastern Airlines (NYSE: CEA) has ordered 70 Airbus A320neo passenger jets, an upgraded version of...

You know a company is large when the federal government chooses it to run and maintain a federal airfield. On Monday, the General Services Administration (GSA) and NASA announced they selected a Google (NASDAQ: GOOG) subsidiary, Planetary Ventures LLC, to run and regulate Moffett Federal...

Boeing (NYSE: BA) finds itself at a crossroads, when it comes to which direction the aviation giant will travel in upcoming years. Both company officials and industry observers note Boeing's current reliance on its commercial ventures, and its fading military and defense work, could force the...