FAA

CEO Jeff Bezos called them “Octocopters,” but in reality Amazon's (NASDAQ: AMZN) future delivery vehicles are drones. In 4-5 years, Bezos told CBS, under the moniker Amazon “Prime Air,” Octocopter drones will deliver packages weighing five pounds or less direct to your doorstep in about 30...

Wireless internet provider Gogo (NASDAQ: GOGO) priced its much-anticipated IPO last night at $17 per share, the upper end of the $15-17 expected range. Gogo sold 11 million shares to raise $187 million total but shares traded lower after the offering. Strong Pricing Gogo sold 11 million shares at...

Say it ain’t so! If you’re a business traveler or view turning your mobile gadget off as a modern form of the guillotine, you’re about to text for joy. The Wall Street Journal reported that the FAA is set to relax its ban on the use of mobile devices below 10,000 feet. Here’s what you already...

Mike Boyd, Chairman of Boyd Group International, the aviation consulting, research and forecasting firm, appeared on CNBC's Squawk Box Monday morning hot with conspiracy theories, touching upon sequestration's effect on airlines across the country and his belief that Transportation Secretary Ray...

The Boeing Company’s (NYSE: BA) three-month old Dreamliner nightmare might soon be over. According to Reuters, the Federal Aviation Administration is close to approving a document, known as a Project Statement of Compliance, as early as next week. Approval of the document would officially set...

Futures Slightly Lower After Mixed Tuesday U.S. equity futures were slightly lower in early pre-market trade after a mixed day on Wall Street Tuesday. The Dow Jones Industrial Average was able to close at a new record high but the S&P 500 slipped slightly on Tuesday away from its record close...

Boeing (NYSE: BA), the aircraft maker, reported fourth quarter earnings Wednesday that beat analyst expectations on stronger than expected revenue, sending shares higher. The company also commented on the recent actions taken by federal regulators on the 787 Dreamliner. For the fourth quarter of...

Futures Flat Ahead of Jobless Claims, Earnings U.S. equity futures were flat in early Thursday trade ahead of lots of economic data, including Initial Jobless Claims, and lots of earnings. The earnings data will truly set the tone before the open with many big banks set to report fourth quarter...