Transportation

Lyft Offers DeLorean Ride in Celebration of 'Back to the Future'

Since October 21, 2015 is the day that Marty McFly and Doc Brown arrived in the future in 1989 hit sequel movie "Back to the Future: Part II," ride-hailing service Lyft offers New Yorkers a ride in a DeLorean, the time-machine car used in the franchise.


Uber-like startup, Yidao Yongche receives $700M of investment

China uber-like startup, Yidao Yongche announced that the company will be receiving a huge investment from a Beijing-based company, LeTV. According to Yidao Yongche's statement, the three-year-old company is receiving investment worth $700 million by LeTv for 70 percent stake in the ride-hailing app company.

Waze finally gets an update after Google's acquisition

The largest community-based traffic app, Waze, had updated its features after three years. As Google had bought the app, the company said it will soon roll out on Android devices too.

Lufthansa invested €3 billion in premium economy service in the Middle East

Deutsche Lufthansa AG invested €3 billion to support its new premium service in the Middle East as it sees potential growth in the region.


Latest News

The latest outcome of the two-day meeting between the US and Cuba held in Havana has paved the way for reviving the airline service between the both the nations. The commercial airline services between both the nations have been suspended for a long time. The agreement on restoring the airline service is expected to be complete this year. The officials from both the countries have decided to meet again before December. The follow-up meeting is expected to be held in Washington.
Plans for setting up a Boeing factory in China has been submitted to the Beijing Government. It was reported Tuesday by the state-run media ahead of President Xi Jinping's U.S. visit, where he will tour one of its plants.
With the European court judgment's awareness, UK aviation regulators started enforcing the budget airline Ryanair, to compensate thousands of delayed passengers. The statement came after hours after a final ruling from the European court of justice opened the floodgates for compensation claims against airlines that could reach into hundreds of millions of pounds, as reported by The Guardian.
American Airlines halted flights due to technical issues on Thursday, 12 noon. Chicago, Miami and Dallas airports have been affected. The operation was resumed around 2 pm. The Federal Aviation Authority tweeted that American Airlines flights to and from Chicago O'Hare, Dallas-Fort Worth and Miami were halted temporarily, "@AmericanAir requested a ground stop for all of their traffic in and out of DFW/ORD/MIA due to their computer issue," The Independent reported.
French-based plane manufacturer, Airbus Group will officially open its second single-aisle aircraft facility outside of Europe after China next Monday. The $600 million plant located in Mobile, Alabama is said to be the world's most efficient plant and is officially known as the Airbus U.S. Manufacturing Facility. The new facility is set to rival Boeing production in an effort by Airbus to grow their presence and grab more share of the $80 billion industry.
Cabbie protesters interrupted Stephen Colbert's The Late Show interview with Uber CEO Travis Kalanick. The episode was cut short on Thursday. Drivers are accusing Kalanick of destroying their profession.
Uber recently announced that it has allocated $1 billion to expand its operations in China. Like that is not big enough, the company will also be setting aside another $1 billion to strengthen its business in India.
Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.
Gett, one of Uber's biggest competitors, launched Monday its first big campaign against its competitor, Uber, which claims is ripping people off through its surge pricing.
Ambitious as it may seem, New Yorkers are not impressed with Governor Andrew Cuomo's plan to redesign the city's battered and poorly-maintained La Guardia Airport.
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