GE posted a 13 percent rise in net income, helped by increases in sales of its jet engines and oil and gas equipment.» Read More
The U.S. Department of Transportation said Monday that the nation's passenger airlines had the equivalent of 385,619 full-time workers in May, up 1.1 percent from May 2013. Delta, American, US Airways and JetBlue added jobs while United shrunk 2.5 percent and Southwest slipped by 0.3 percent.
BERLIN, July 21- Lufthansa, Europe's largest airline by revenue, joined rival Emirates in calling for an airline summit to discuss the industry's response to the downing of an airliner over Ukraine, saying international security protocols should be reviewed.
PARIS, July 20- The head of one of the world's largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner, including a potential rethink of the threats posed by regional conflicts.
KUALA LUMPUR, Malaysia— Coping with two disasters within a few months has left some Malaysia Airlines employees so shaken that they've been unable to function properly at work, a union official said Saturday.
TOREZ, Ukraine— Rebels in eastern Ukraine took control Sunday of the bodies recovered from downed Malaysia Airlines Flight 17, and U.S. and European leaders demanded that Russian President Vladimir Putin make sure rebels give international investigators full access to the crash site.
Hours after the Malaysia Airlines jetliner was shot down in eastern Ukraine on Thursday, killing 298 people, SIA's Facebook and Twitter updates said its own flights were not using Ukraine airspace. "You better come up with a more considerate, diplomatic and a more sensitive status before you lose customers," said a post by Edwin Lim on SIA's Facebook page.
Malaysia now finds itself grappling with the horrific— and extremely unusual— loss of two of its airplanes, just four months apart. It will not affect Malaysia's name, but it will damage the airline's reputation, "said James Chin, political analyst at Monash University in Malaysia.
KUALA LUMPUR, July 19- Malaysian Prime Minister Najib Razak on Saturday confirmed that his step-grandmother was on board Flight MH17 that was downed over Ukraine en route from Amsterdam to Kuala Lumpur. Siti Amirah, 83, was one of 44 Malaysians on board the Malaysia Airlines flight that was downed on Thursday killing all 289 people on board.
KUALA LUMPUR, July 19- Malaysian Transport Minister Liow Tiong Lai said on Saturday he believed Russia was doing its best to ensure a safe route to the site of the downed Flight MH17. "They are trying their level best to assist Malaysia to ensure we have a safe site," he told reporters. A Malaysia Airlines official said all airlines make their own threat analysis.
Just four months earlier, a Malaysia Airlines jetliner carrying 239 people disappeared about an hour after taking off from Kuala Lumpur. Even before the Flight 370 mystery, state-owned Malaysia Airlines was in serious financial trouble.
The possibility that the civilian jetliner downed over war-torn eastern Ukraine with nearly 300 people onboard was hit by a missile could have profound consequences for the world's airlines. In the hours after Thursday's disaster involving a Malaysia Airlines jet, carriers around the globe began rerouting flights to avoid Ukraine.
July 18- Allegiant Travel Co, the parent of Allegiant Air, said on Friday that a computer outage that affected 26 flights and 4,000 passengers has been resolved, and its systems are back to normal.
*Qantas, British Airways among airlines to avoid Ukraine. SYDNEY, July 18- Qantas Airways and several other airlines altered their flight paths some time ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
FRANKFURT, July 18- The European Aviation Safety Agency urged airlines on Friday to avoid flying over eastern Ukraine following the downing of a Malaysia Airlines flight in the region. EASA said in a statement its safety notice affected the Simferopol and Dnepropetrovsk regions of Ukraine.
SINGAPORE, July 18- The second fatal incident involving Malaysia Airlines in four months will deepen the slump in ticket sales and force the government to speed up any plan to rescue the stricken flagship carrier, bankers say.
*Qantas, Air Berlin among airlines to shift route ahead of crash. SYDNEY, July 18- Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
KUALA LUMPUR, July 18- Malaysian Airlines System Bhd shares fell sharply on Friday after one of its planes was downed over Ukraine, putting more pressure on a carrier still reeling from the disappearance of Flight MH370 in March.
EDINBURGH, July 18- European stocks fell on Friday, extending losses made late in the previous session after a passenger plane was shot down over eastern Ukraine, fuelling tensions between Russia and the West. Airline stocks such as Deutsche Lufthansa and Ryanair were 1.5 percent lower, as major travel companies rerouted flights to avoid Ukranian airspace.
NEW YORK, July 17- Insurance on the Malaysian airliner brought down over Ukraine is likely to pay out relatively quickly if the cause of the crash is determined, but observers say insurance for the loss of 298 lives and other liability could be complex and lengthy.
"This action expands a prohibition of U.S. flight operations issued by the FAA in April, over the Crimean region of Ukraine and adjacent areas of the Black Sea and the Sea of Azov," the agency said. Earlier in the day, the FAA said American air carriers had voluntarily agreed to avoid flying through airspace near Russia's border with Ukraine after the crash.