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  • July 24- American Airlines Group Inc said on Thursday it will pay its first dividend since 1980 and buy back stock as it reported higher second-quarter earnings. American, the largest airline by traffic, formed from the late-2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.

  • American Airlines to pay first dividend since 1980 Thursday, 24 Jul 2014 | 7:55 AM ET

    FORT WORTH, Texas— American Airlines says it will pay its first dividend since 1980.. American Airlines Group Inc. made the announcement as it reported net income of $864 million in the second quarter, up from $220 million a year earlier. Southwest Airlines pays one, and Delta Air Lines restored its dividend last year.

  • Ahead of the Bell: US new home sales Thursday, 24 Jul 2014 | 6:29 AM ET

    WASHINGTON— The Commerce Department reports on sales of new homes in June. The report will be released at 10 a.m. Eastern on Thursday. The National Association of Realtors reported that sales of existing homes increased 2.6 percent to a seasonally adjusted annual rate of 5.04 million homes.

  • *Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..

  • France: Air Algerie flight vanishes over N Mali Thursday, 24 Jul 2014 | 5:39 AM ET

    ALGIERS, Algeria— An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali after heavy rains were reported, according to the plane's owner and government officials in France and Burkina Faso.

  • *Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..

  • Taiwan airline suspects bad weather caused crash Thursday, 24 Jul 2014 | 12:09 AM ET

    The ATR-72 operated by Taiwan's TransAsia Airways was carrying 58 passengers and crew when it crashed into houses on the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday, authorities said. The plane was on a flight from the city of Kaohsiung in southern Taiwan.

  • July 24- Insurers are expected to hike war risk premiums for airlines following losses due to global conflicts, including the downing of a Malaysia airplane over Ukraine, insurance rating agency A.M. Best Company said on Wednesday.

  • Audit: NASA doesn't have the money for big rockets Wednesday, 23 Jul 2014 | 5:31 PM ET

    WASHINGTON— NASA doesn't have enough money to get its new, $12 billion rocket system off the ground by the end of 2017 as planned, federal auditors say. The Government Accountability Office issued a report Wednesday saying NASA's Space Launch System is at "high risk of missing" its planned December 2017 initial test flight.

  • *Israel rejects comparisons with Ukrainian disaster. *Israel offers desert airport as alternative. JERUSALEM, July 23- Israel tried on Wednesday to get U.S. and European commercial flights to Tel Aviv restored after some carriers suspended services, insisting its main airport there was safe despite being targeted by Palestinian rockets.

  • Israel scrambles to restore foreign flights to Tel Aviv Wednesday, 23 Jul 2014 | 11:26 AM ET

    *Israel rejects comparisons with Ukrainian disaster. *Israel offers desert airport as alternative. JERUSALEM, July 23- Israel tried on Wednesday to get U.S. and European commercial flights to Tel Aviv restored after some carriers suspended services, insisting its main airport there was safe despite being targeted by Palestinian rockets.

  • European carriers suspend more Tel Aviv flights Wednesday, 23 Jul 2014 | 8:29 AM ET

    BERLIN— Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of safety concerns amid the fighting between Israel and Hamas. The European Aviation Safety Agency late Tuesday said it "strongly recommends" that airlines refrain from operating flights to and from Tel Aviv.

  • *Chinese firm said to now have enough cash to pay off $64.5 mln bond. SHANGHAI, July 23- A troubled Chinese construction company avoided a landmark bond default at the last minute on Wednesday, raising enough funds to pay off both principal and interest on a 400 million yuan bond, people directly involved in the matter told Reuters.

  • SINGAPORE/ KUALA LUMPUR, July 23- Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over Ukraine last week.

  • SHANGHAI, July 23- China's Huatong Road& Bridge Group Co Ltd managed to avoid a landmark bond default at the last minute on Wednesday, raising enough funds to pay off both principal and interest on a 400 million yuan bond due by the end of the day, sources directly involved in the issue told Reuters.

  • Malaysia Airlines retires MH17 flight number Sunday, 20 Jul 2014 | 5:36 AM ET

    KUALA LUMPUR, Malaysia— Malaysia Airline says it is retiring the flight number of the plane that was shot down over Ukraine. The carrier said in a statement Sunday that beginning Friday, it will no longer use MH17 to identify any of its Amsterdam- Kuala Lumpur flights.

  • Q&A: How Malaysia Airlines can salvage its brand Saturday, 19 Jul 2014 | 11:36 PM ET

    Malaysia Airlines is in uncharted territory after the disappearance of Flight 370 in March with 239 people aboard was followed this week by the downing of another of its jets, carrying 298 people, over Ukraine. An even bigger question mark now hangs over the future of Malaysia Airlines, with its brand tied to two almost unfathomable tragedies.

  • Singapore Airlines apologizes over Ukraine remarks Saturday, 19 Jul 2014 | 8:49 AM ET

    KUALA LUMPUR, Malaysia— Singapore Airlines apologized Saturday over social media remarks it posted after the Malaysian jetliner was shot down that were taken by many as being insensitive.

  • WASHINGTON, July 22- The U.S. government believes that pro-Russian separatists most likely shot down a Malaysia Airlines jet "by mistake," not realizing it was a civilian passenger flight, U.S. intelligence officials said on Tuesday.

  • Boeing procurement officer pleads guilty to fraud Friday, 18 Jul 2014 | 4:18 PM ET

    ST. LOUIS— A former procurement officer for The Boeing Company in St. Louis pleaded guilty Friday to federal fraud charges for his role in a bribery and kickback scheme involving military aircraft parts sold to Boeing.