Summer gasoline pump prices set to hit $4 a gallon
Futures and pump prices have been boosted the past few weeks by the transition to summer-grade gasoline and as inventories shrink to the lowest level since December.
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United Airlines says regulators plan to increase oversight of company following issues
Among the most recent problems, a chunk of outer aluminum skin was discovered to have fallen off the belly of a United Boeing 737 after it landed in Oregon. Earlier this month, a United jet suffered an engine fire during takeoff from Houston, and a tire fell off another United jet as it left San Francisco.
Honda, Nissan agree to work together in developing electric vehicles, intelligent technology
Japanese automakers have fallen behind rivals such as Tesla of the U.S. and BYD of China in developing EVs, partly because they have historically been so successful with combustion engine vehicles.
Southwest plans to reduce capacity, reevaluate outlook on delivery delays from Boeing
Boeing has been facing mounting pressure lately amid multiple government investigations. On Monday, Transportation Secretary Pete Buttigieg said that Boeing needs to make a “serious transformation” regarding its safety and manufacturing quality.
Former CEO of Carmel-based enVista returns to top job
EnVista co-founder Jim Barnes, who left the company in 2022 when a German tech company acquired a portion of the business, has returned as chief executive.
JetBlue, Spirit end $3.8B merger plan after federal judge blocks deal
Spirit CEO Ted Christie said he was disappointed that the airlines could not combine and create a new challenger to the nation’s four biggest airlines.
After years of inflation, Americans finally seeing price slowdown on vehicles
Though inventories of new autos are still well below the roughly 4 million level that prevailed before the pandemic, analysts and dealers say the rising availability suggests that 2024 will be the most affordable year of the past five in which to buy a new car or truck.
Sideways landing cuts moon mission short
A private lunar lander is expected to cease operations Tuesday, its mission shortened after it tumbled over near the south pole of the moon.
Lawmakers likely to study state takeover of Washington, Meridian streets in Indianapolis
The discussion comes amid a debate over plans by IndyGo—the city’s public transportation agency—to create bus-only lanes on Washington Street (previously U.S. 40) as part of its planned Blue Line rapid-transit service.
IRS to go after executives who use business jets for personal travel in new round of audits
The audits will focus on aircraft used by large corporations and high-income taxpayers and whether the tax purpose of the jet use is being properly allocated, the IRS says.
American Airlines raising bag fees, changing frequent-flyer program
American easily led the industry by bringing in $1.4 billion in bag fees in 2022, the last year for which U.S. Transportation Department figures are available.
Indianapolis International Airport expects more than 100 private jets as part of All-Star rush
The Indianapols Airport Authority said it anticipates a busy weekend and is working closely with the Transportation Security Administration, the Federal Aviation Administration and others to accommodate the increased traffic.
Indianapolis airport saw record-setting traffic in 2023
In addition to overall record numbers, the airport saw nine of its 10 busiest days on record in 2023. The exception was Monday, Feb. 6, 2012—the day after Indianapolis hosted Super Bowl XLVI.
UPS to cut 12,000 jobs as revenue outlook for year disappoints
CEO Carol Tome said Tuesday that by reducing the company’s headcount UPS will realize $1 billion in cost savings. The job eliminations are anticipated to be among management roles and contractors, the company said.
Delta was most punctual airline in 2023; Minneapolis-St. Paul had best record for airports
Most U.S. airlines were more punctual last year than in 2022, despite major challenges over the year with weather and technical glitches.
Indiana lawmakers pump brakes on proposal to raise speed limit
A House roads committee on Tuesday did move long-sought legislation allowing jurors to know when someone in a car crash wasn’t wearing a seat belt.
Pilots at Southwest ratify contract that will boost pay by nearly 50%
Southwest Airlines said the five-year deal gives its pilots “industry-leading compensation” and has a new process for assigning pilots to flights during unusual events.
JetBlue’s $3.8B buyout of Spirit Airlines blocked by judge citing threat to competition
The Justice Department said if JetBlue were allowed to buy Spirit, it would especially hurt travelers who depend on Spirit’s low fares.
Moving ahead too quickly with Blue Line ‘would be a mistake,’ House speaker says
House Speaker Todd Huston says legislation that would bar IndyGo from using dedicated bus lanes for the Blue Line merits consideration.
Alaska Airlines cancels flights on certain Boeing planes through Saturday for mandatory inspections
The development came as signs indicate some travelers might try to avoid flying on Max 9 jetliners—at least temporarily.