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  • The plane was inspected and its passengers' luggage was screened as EVA Air Flight 12 sat on the tarmac at the airport, but there was no evidence of a threat, FBI spokeswoman Laura Eimiller said. The FBI, airport police and the Los Angeles police bomb squad jointly investigated the threat, which came by telephone. In one case, U.S. military jets escorted an Air France...

  • May 26- Delta Air Lines Inc on Tuesday announced new flights from Seattle to five destinations in its latest move to strip market share from Alaska Air Group Inc, which is based in that city. Investors worry that overlaps with the airport's larger operator Alaska Airlines could lead to lower ticket prices and revenue from Seattle. Delta said it would begin...

  • UPDATE 1-Sinkhole closes runway at DFW airport Tuesday, 26 May 2015 | 11:12 AM ET

    May 26- A sinkhole has closed a runway at Dallas/Fort Worth International Airport, which may delay flights at one of the largest transit hubs in the United States. American Airlines Group Inc, which operates more flights from the airport than any other airline, has seen "no operational impact," according to spokesman David Magaña. The U.S. Federal Aviation...

  • AMSTERDAM, May 26- In handing out lucrative public procurement contracts, Qatar is likely to favor countries whose airports grant take-off and landing slots to state-owned Qatar Airways, its chief executive said on Tuesday. While he later stressed that he had no direct influence over public procurement decisions, he said Qatar offered rich pickings for...

  • US new-home sales jump in April Tuesday, 26 May 2015 | 10:02 AM ET

    WASHINGTON— More Americans bought new homes in April— evidence that the stronger job market is powering the housing sector. The Commerce Department said Tuesday that new-home sales climbed 6.8 percent last month to a seasonally adjusted annual rate of 517,000. Sales recovered from a 10 percent dip in March to an annual pace of 484,000.. Over the past 12 months,...

  • Ahead of the Bell: US new-home sales Tuesday, 26 May 2015 | 7:09 AM ET

    WASHINGTON— The Commerce Department reports on April sales of new homes Tuesday at 10 a.m. Eastern. SALES BUMP: Economists expect a 4 percent increase in new-home sales to a seasonally adjusted annual rate of 500,000, according to a survey by data the firm FactSet. The annual pace of housing starts jumped 20.2 percent from March to 1.14 million, the highest rate...

  • DUBLIN, May 26- Ryanair trumpeted the success of its image makeover after soaring passenger numbers helped the Irish airline to post a 66 percent rise in full-year profit. The budget carrier, whose outspoken CEO Michael O'Leary softened his notoriously no-frills business model last year, said passenger numbers grew nearly three times faster than original...

  • LISBON, Portugal— Portuguese labor groups are vowing to keep up their fight against the government's privatization plans for public transport, as Lisbon subway staff walked off the job for the 43rd time in four years. Workers at the Lisbon bus company Carris and national railroad company Comboios de Portugal, both state-owned, have also staged dozens of...

  • Threats to 6 international flights cause scare Monday, 25 May 2015 | 12:13 PM ET

    NEW YORK— Anonymous telephone threats against commercial airliners on Monday, possibly from the same source, caused a scare involving at least six international flights at airports in New York, New Jersey and Massachusetts. In one instance Monday morning, U.S. military jets escorted an Air France flight into New York City after someone claimed a chemical...

  • Air France flight 22, traveling from Charles de Gaulle Airport, landed safely in New York, officials said. The anonymous threat came in a telephone call to a Maryland State Police barracks on Monday morning, and the caller made a bomb threat involving commercial aviation, Maryland State Police said. The plane was cleared in New York with no incidents or hazards...

  • MILAN— Italy's flagship airline Alitalia said a 24- hour strike called for Monday that will force flight cancellations is "disrespectful" of passengers when the Rome airport is still suffering disruptions due to a fire two weeks ago. The strike affects Alitalia and its regional subsidiary Cityliner but excludes the airports of Bari, Brindisi and Genoa.

  • Nigerian airlines cancel flights amid fuel crisis Saturday, 23 May 2015 | 10:06 AM ET

    LAGOS, Nigeria— Nigerian airlines grounded flights Saturday and radio stations were silenced as a months-long fuel shortage aggravated by striking oil tanker drivers worsened in Africa's biggest oil producer. Normally bustling roads in Lagos, a metropolis of 20 million, were half-empty and gas stations closed Saturday. Aero Contractors, one of Nigeria's...

  • MOLINE, Ill.— Solid sales in its construction equipment offset a global agricultural slowdown for Deere, and the company raised its outlook for the year. In April, builders broke ground on homes at the fastest pace in more than seven years, according to the Commerce Department. Deere said sales of farming equipment fell 25 percent from a year ago to $5.77 billion in...

  • *Unipec's oil stored on huge tanker close to Singapore. NEW DELHI/ SINGAPORE, May 22- Chinese trader Unipec has sold 2 million barrels of crude held for months on one of the world's largest tankers, industry sources said, as rising oil prices prompt commodity firms to offload cargoes from floating storage. The crude will be delivered from the TI Europe, an Ultra Large...

  • Latin American bidders vie for Portuguese flag carrier Thursday, 21 May 2015 | 10:25 AM ET

    LISBON, Portugal— The Portuguese government says it will hold talks with two Latin American airline operators to decide which of the two will be sold a 61 percent stake in state-owned flag carrier TAP Air Portugal. The government said in a statement Thursday that bids from David Neeleman, who founded Brazil's third-largest airline Azul, and from German...

  • STOCKHOLM/ OSLO, May 21- Scandinavian airline SAS struck a deal with its Swedish pilots' union on Thursday over staffing but failed to reach an accord with around 300 pilots in Norway, raising the risk of major conflict at the top Nordic carrier. SAS cancelled 110 flights on Wednesday as a precaution ahead of a potential strike in Sweden but said services should be...

  • U.S. airlines ramp up competition, capacity in Dallas Wednesday, 20 May 2015 | 6:45 PM ET

    May 20- The shares of U.S. airlines plunged on Wednesday on concerns that several big carriers are gearing up for a fare war, with Dallas as ground zero. Southwest said the acquisition of two airport gates at its Dallas Love Field hub will contribute to the increase. American Airlines Group Inc President Scott Kirby said during a transportation conference on...

  • Airline stocks tumbling for second straight day Wednesday, 20 May 2015 | 2:46 PM ET

    Doug Parker, the CEO of American Airlines Group Inc., told CNBC that some airlines were growing too fast, expanding their passenger-carrying capacity by 8 percent or more. Some airlines including Southwest, JetBlue and Spirit have been growing rapidly. Southwest Airlines Co. fell $3.72, or 9.1 percent, to $37.19; while Delta Air Lines Inc. lost $2.59, or 5.6...

  • NEW YORK— Southwest Airlines Co. is speeding up its planned growth, which worries analysts, and American Airlines says profit margins will probably fall next year. Cowen and Co. analyst Helane Becker said there is "growing concern" about the effect that Southwest's growth will have on the rest of the industry— analysts worry that more flights will lead to lower...

  • RIO DE JANEIRO, May 19- Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co, as it looks to raise cash in the midst of an iron ore price slump. In a separate statement on Tuesday, the miner said it had completed the sale of four other large iron ore carriers to China Ocean Shipping Company, which was...