Passenger Air Transportation
Ellen DeGeneres happy to 'kiss the ground' Down Under
Mar 22, 2013 00:20 EDT
US talk show star Ellen DeGeneres arrived in Australia on Friday, declaring she was happy enough to "kiss the ground" as she began a six-day visit officials are hoping will help boost tourism.
Lufthansa cancels 670 due to strikes
Mar 21, 2013 06:35 EDT
German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
Lufthansa cancels 670 flights due to strikes
Mar 21, 2013 03:51 EDT
German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
Ryanair makes massive order for 175 Boeing 737s
Mar 19, 2013 17:11 EDT
Irish low-cost airline Ryanair on Tuesday announced an order for 175 Boeing 737-800 airplanes in a major fleet expansion three weeks after the EU blocked its takeover of rival Aer Lingus.
Ryanair orders 175 Boeing 737s worth $15.6 bn
Mar 19, 2013 07:20 EDT
Irish low-cost airline Ryanair on Tuesday announced that it has ordered 175 Boeing 737-800 airplanes worth $15.6 billion (12.1 billion euros) at catalogue prices.
London shares close lower on Cyprus bailout woes
Mar 18, 2013 13:03 EDT
London shares lost ground on Monday on news that Cyprus, home to around 100,000 British people, plans to tax bank deposits as part of a controversial international bailout.
Indonesia's Lion Air stuns again with Airbus deal
Mar 18, 2013 10:02 EDT
Lion Air, a little-known carrier launched 13 years ago with just one plane, has struck two of the world's largest aircraft orders in a staggering $46 billion bet on Indonesia's air transport boom.
Sri Lanka opens new Chinese-funded airport
Mar 18, 2013 07:24 EDT
Sri Lanka's president opened the country's second international airport on Monday, intended to help spur a new economic hub and act as a gateway to the island's southeast.
Airbus to sign mega A320 order from Asian carrier Lion Air
Mar 17, 2013 19:00 EDT
European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
French president, Airbus to unveil 'major deal' Monday
Mar 17, 2013 17:13 EDT
European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
Sri Lanka offers tax-free zone at new airport
Mar 17, 2013 02:00 EDT
Sri Lanka is turning its newest international airport, opening Monday, into a tax-free zone to attract aviation-related industries, a top official said.
London shares open steady, consolidating gains
Mar 15, 2013 04:47 EDT
London shares were steady in early trade on Friday, consolidating recent gains after US stocks again flirted with record highs overnight, dealers said.
Dreamliner 'absolutely' safe: Boeing executive
Mar 14, 2013 23:09 EDT
The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan, as it sought to reassure airlines and passengers about its aircraft.
Iberia strike called off after deal: company
Mar 13, 2013 15:08 EDT
Workers of Spanish airline Iberia called off a third five-day strike in a dispute over thousands of job cuts after unions accepted a mediation plan, the company said on Wednesday.
Cathay Pacific 2012 net profit slumps 83%
Mar 13, 2013 11:51 EDT
Cathay Pacific said Wednesday that 2012 net profit plunged more than 83 percent, as the Hong Kong flag carrier was buffeted by persistently high fuel prices and the eurozone financial crisis.
Japan airlines hail Dreamliner battery fix approval
Mar 13, 2013 02:17 EDT
Japanese airlines on Wednesday welcomed US approval of test flights of the grounded Boeing 787 with prototype versions of the battery fix, holding out hopes for a resumption of its operations.
Cathay Pacific says 2012 net profit slumps 83.3%
Mar 13, 2013 02:03 EDT
Cathay Pacific said on Wednesday that 2012 net profit plunged 83.3 percent, as the Hong Kong flag carrier was hit by persistently high fuel prices and the eurozone financial crisis.
Dow squeaks out 6th record high, S&P 500 falls
Mar 12, 2013 16:50 EDT
US stocks closed mostly lower Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings.
US stocks mixed; Apple weighs on Nasdaq
Mar 12, 2013 10:52 EDT
US stocks were mostly higher in early trade Tuesday, with the Dow and the S&P 500 extending seven days of gains, while the Nasdaq sank under pressure from tech heavyweight Apple.
Deutsche Boerse head nominated to UBS board
Mar 12, 2013 05:48 EDT
Swiss banking giant UBS said Tuesday it would nominate German stock market chief Reto Francioni to its board after the former head of Lufthansa, Wolfgang Mayrhuber, had opted not to stand for re-election.
