AAA Sees 92.3 Million Americans Traveling Over Holidays

A total of 92.3 million American will travel 50 miles or more from home during the holidays, according to AAA.

The figure is a 3.1% increase from the 89.5 million who traveled in the holiday season of 2009, AAA said in a statement.

“It’s great to s…

Continental Airlines Introduces New Fee to Hold Price of Ticket

Continental Airlines (UAL) introduced a new fee that lets customers lock in the price of a ticket.

The “FareLock” service, which starts at $5, means that passengers can hold a seat at a given price, ABC reported.

“I think it’s a brilliant,” said Jo…

China’s CSR Corp. May Bid For U.S. Rail Projects

CSR Corp., China’s largest train maker, may bid to build high-speed train lines in Florida and California as part of a joint venture with General Electric Co (GE).

The companies may also place bids for east coast rail projects, CSR Chairman Zhao Xia…

Qantas Takes Preliminary Legal Action Against Rolls-Royce

Qantas Airways (QUBSF) took preliminary steps towards legal action against Rolls-Royce over the grounding of the airline’s fleet of Airbus A380s.

Qantas filed a preliminary action in Australian federal court, allowing the company to pursue legal acti…