Skyrocketing fuel costs will likely lead to several airline mergers this year. Unfortunately for fliers and shareholders, the history of airline mergers contains few positive notes.
A new tongue-in-cheek public service announcement from Stephen Colbert reminds us of the practical research astronauts perform on the International Space Station.
1916: A timber merchant named William E. Boeing and a US Navy engineer named George Conrad Westervelt form a new aircraft company called the Pacific Aero Products Company. A year later it would be renamed Boeing Airplane Compan...