Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
UNITED NATIONS— The United Nations imposed sanctions on the North Korean shipping company that operates a ship seized by Panama in July 2013 for carrying undeclared military equipment from Cuba ordered all countries to freeze its assets.
HOUSTON, July 28- Iraq filed suit on Monday in a Texas court to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission. Iraq, in its filing in U.S. District Court for the Southern District of Texas, asked for an order allowing the cargo to be seized by the U.S.
Delta Air rose$. 13 or. 3 percent, to $38.19. JetBlue Airways Corp. fell$. 24 or 2.1 percent, to $11.17. Southwest Airlines Co. fell$. 03 or. 1 percent, to $29.21.
Fluor fell$. 32 or. 4 percent, to $75.70. Foster Wheeler fell$. 03 or. 1 percent, to $33.36. Quanta Services Inc. rose$. 06 or. 2 percent, to $34.95.
Ted Cruz is no longer blocking confirmation of a series of ambassadorial and other diplomatic nominees over the Federal Aviation Administration's 36- hour ban on U.S. airline flights to Israel. The FAA banned flights after a rocket landed about a mile from the Tel Aviv airport.
WASHINGTON— In a victory for airlines and their workers' unions, the House rejected consumers' complaints and easily passed legislation Monday letting airline advertising emphasize the base price of tickets, before taxes and fees are added.
Delta Air rose$. 20 or. 5 percent, to $38.26. JetBlue Airways Corp. fell$. 23 or 2.0 percent, to $11.18. Southwest Airlines Co. fell$. 13 or. 4 percent, to $29.11.
NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 01 or percent, to $33.38. Quanta Services Inc. fell$. 26 or. 7 percent, to $34.63.
NEW YORK— Virgin America's next destination is Wall Street. Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the United States and Mexico and has a fleet of 53 planes. Virgin America carried 6.3 million passengers last year, less than one percent of the total passengers that flew on U.S. airlines.
NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 01 or percent, to $33.38. Quanta Services Inc. fell$. 18 or. 5 percent, to $34.71.
Delta Air rose$. 21 or. 6 percent, to $38.27. JetBlue Airways Corp. fell$. 14 or 1.2 percent, to $11.28. Southwest Airlines Co. fell$. 06 or. 2 percent, to $29.18.
LONDON, July 28- Ryanair boss Michael O'Leary said on Monday that the airline was not particularly interested in acquiring troubled Cypriot carrier Cyprus Airways, which he said had huge legacy issues.
Branson, whose investment in the airline is restricted by U.S. foreign investment rules, owns a 22 percent stake in Virgin America through the Virgin Group and a hedge fund.
July 28- Virgin America Inc, the low-cost airline partly owned by Richard Branson, filed for an initial public offering of shares as it looks to expand in the recovering U.S. airline market. Branson owns a 22 percent stake in Virgin America through the Virgin Group and a hedge fund.
HOUSTON, July 27- A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude.
Along with other relatives of victims, the family was put up in a hotel at Amsterdam's Schiphol Airport and was tended to by Malaysia Airlines staff in the days after the disaster.
*Investors agree to share issue of up to 250 million euros. ROME, July 25- Alitalia shareholders on Friday approved a share issue of up to 250 million euros to keep the Italian flag carrier flying as it seeks to finalize a life-saving tie-up with Etihad Airways. Abu Dhabi's state-owned Etihad Airways plans to buy a 49 percent stake in the Italian carrier.
Arthur says the return flight to Toronto departed Tel Aviv about two hours later. The airline plans to operate this evening's flight to Tel Aviv. Flights by Air Canada and other airlines to Tel Aviv resumed Thursday after a suspension Tuesday following a Hamas rocket strike nearby.
The licence for New Kansai International Airport, which will be bundled with the operating rights for smaller Osaka International Airport, should fetch at least 2 trillion yen, Keiichi Ando, the chief executive of the government-owned New Kansai International Airport Co, told reporters.
BERLIN— Air France and Germany's two biggest airlines decided Friday to resume flights to Tel Aviv after canceling operations for several days over safety concerns. Air France said its first flight to Tel Aviv would leave Paris on Friday night. Germany's second-biggest carrier, Air Berlin, said that it would start flying midday Saturday.