Morgan Stanley plans to build and run a U.S. compressed natural gas export facility, even as it sells its physical oil business.» Read More
BERLIN, Aug 29- Pilots at Lufthansa's budget carrier Germanwings staged a six-hour strike on Friday, disrupting travel plans of thousands of people returning from summer holidays and putting pressure on Lufthansa management in a pension scheme dispute.
*Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines will slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit restructuring following the devastating impact of two jetliner disasters.
KUALA LUMPUR, Malaysia— Key dates in the history of Malaysia Airlines from its start as a one route airline until its almost unfathomable double passenger jet disasters in 2014.. 1937— Malayan Airways Ltd., the forerunner of Malaysia Airlines, is formed to provide flights between Penang in Malaya and Singapore, both part of the British empire at the time.
*Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines, the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said.
KUALA LUMPUR, Aug 29- Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said on Friday.
KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
NEW YORK— A contractor has halted construction on a prefabricated residential high-rise near Brooklyn's Barclays Center and the Atlantic Terminal train yards. The New York Times reports Skanska stopped work at the site on Tuesday and closed down its prefabrication hub at the Brooklyn Navy Yard on Wednesday.
BERLIN— Thousands of passengers are feeling the impact of a pilots strike in Germany after negotiations between the country's biggest airline Lufthansa and the union representing pilots collapsed over a long-running dispute regarding wages and early retirement benefits.
NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
SYDNEY— Australia's second largest airline, Virgin Australia Holdings Ltd., said on Friday it lost 356 million Australian dollars in its last fiscal year, a three-fold increase over the previous year.
Delta Air fell$. 27 or. 7 percent, to $39.89. JetBlue Airways Corp. rose$. 03 or. 2 percent, to $12.41. Southwest Airlines Co. fell$. 18 or. 6 percent, to $32.05.
Fluor fell$. 56 or. 7 percent, to $74.48. Foster Wheeler fell$. 09 or. 3 percent, to $32.54. Quanta Services Inc. rose$. 07 or. 2 percent, to $36.23.
BOSTON— An outburst over a reclined seat led an American Airlines flight to divert to Boston, at least the second such incident in the U.S. this week, authorities said. Passenger Edmund Alexandre became upset after a woman reclined the seat in front of him on the Miami- to- Paris flight on Wednesday night, the Suffolk County district attorney's office said.
ATLANTA— Georgia Power said its $6.7 billion budget to build a new nuclear plant is holding steady, but it reported Thursday that builders face "challenges" sticking to the construction schedule and costs could change in the future. Georgia Power has so far spent $2.8 billion on the project, according to company filings.
NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 13 or. 4 percent, to $32.50. Quanta Services Inc. fell$. 14 or. 4 percent, to $36.02.
Delta Air fell$. 08 or. 2 percent, to $40.08. JetBlue Airways Corp. fell$. 03 or. 2 percent, to $12.35. Southwest Airlines Co. fell$. 12 or. 4 percent, to $32.11.
Bruce Aylward said Thursday "there is a super risk of the response effort being choked off" if airlines restrict flights to Liberia, Sierra Leone and Guinea.
TORONTO— Two Canadian women are facing charges after authorities say they drank their duty free alcohol in the flight's bathroom, triggered the fire alarm with a cigarette and got into a fight each other, forcing a Sunwing flight bound for Cuba to return to Toronto under a military escort.
NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Foster Wheeler rose$. 08 or. 2 percent, to $32.71. Quanta Services Inc. fell$. 10 or. 3 percent, to $36.06.
Delta Air fell$. 27 or. 7 percent, to $39.89. JetBlue Airways Corp. fell$. 04 or. 3 percent, to $12.34. Southwest Airlines Co. fell$. 14 or. 4 percent, to $32.09.