Transportation News

Grupo Mexicana de Aviacion, Mexico’s biggest airline by passengers, said its financial situation is “critical” and the company will present shareholders with proposals to keep the carrier operating.

Ford Motor Co. said sales of its F- Series pickups rose 40 percent in July, the best month since March 2008, while sales of smaller, fuel-efficient cars declined.

U.S. regional airlines may have a tougher time hiring pilots under legislation passed by Congress mandating at least 1,500 hours of flying, six times higher than now required.