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  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • DALLAS— Airlines are trying to save time by speeding up a part of flying that creates delays even before the plane leaves the gate: the boarding process. Southwest wants to get families seated together more quickly. Airlines have tinkered with different boarding systems almost since the days of Orville and Wilbur Wright, who tossed a coin to decide who would fly...

  • June 1- Etihad Airways on Monday issued it strongest rebuttal yet of claims that it received market-distorting subsidies, saying it is required to repay loans and that its U.S. competitors have a "condescending" view of non-U.S. law. The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation...

  • WASHINGTON, June 1- U.S. construction spending surged in April to the highest level in nearly 6-1/ 2 years as outlays increased broadly, pointing to some pockets of strength in the economy. Construction spending jumped 2.2 percent to an annual rate of $1.0 trillion, the highest level since November 2008, the Commerce Department said on Monday.

  • US construction jumped 2.2 percent in April Monday, 1 Jun 2015 | 10:00 AM ET

    WASHINGTON— U.S. construction spending climbed in April to the highest level in more than six years, fueled by healthy gains in housing, government spending and non-residential construction. Construction spending advanced 2.2 percent in April to a seasonally adjusted annual rate of $1 trillion, the highest level since November 2008, the Commerce Department...

  • Ahead of the Bell: US construction spending Monday, 1 Jun 2015 | 6:53 AM ET

    WASHINGTON— The Commerce Department reports on April U.S. construction spending at 10 a.m. Eastern Monday. BUILDING UP: The expectation is that construction spending rose 0.9 percent, according to a survey of economists by data firm FactSet. WEAK PATCH: In March, U.S. construction spending fell 0.6 percent after a flat reading in February.

  • On Friday, a Korean man was confirmed as China's first case after traveling to the country via Hong Kong with Asiana Airlines Inc. None of 64 people quarantined after contact with the man tested positive, state media reported. In Hong Kong, 299 people died from SARS and tourism dropped almost 90 percent during the worst-hit months. Korean Air Lines Co Ltd closed...

  • The new CEO of Malaysia Airlines said the ailing carrier could break even by 2018 after cutting staff, selling surplus aircraft and refurbishing its international fleet. The remaining 14,000 employees have been offered jobs in a new company that is being set up to take over the legacy Malaysia Airlines business. The former chief executive of Ireland's Aer...

  • Homeless Atlantic oil cargoes deepen global glut Monday, 1 Jun 2015 | 1:00 AM ET

    *WAF, North Sea differentials hit multi-year lows. LONDON, June 1- A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage- another sign the global surplus has some way to go before clearing. Off the coast of West Africa and in the waters of the North Sea, vessels holding millions of...

  • BRASILIA, May 30- Three workers died and three were injured in an accident at the construction site of the massive hydroelectric dam Belo Monte in northern Brazil, the builder said on Saturday. The likes of Hollywood director James Cameron and the Inter-American Court on Human Rights have said Belo Monte would displace indigenous people in the Amazon.

  • *But brand and cost challenges facing Malaysia Airlines are huge. SINGAPORE/ KUALA LUMPUR, May 31- New CEO Christoph Mueller's plans for troubled Malaysia Airlines- including a new brand, a smaller fleet and one third less staff- are widely seen as a promising blueprint for a fresh start. He has also already impressed in his new job with his micromanaging ways,...

  • SAO PAULO, May 29- Panama's Copa Airlines plans to expand its route network out of Latin America despite the challenges it currently faces in Brazil, the region's biggest market, the company's chief executive officer said on Friday. The carrier, a subsidiary of Copa Holdings SA, sees further potential in a business model built on linking small and mid-sized Latin...

  • The Federal Aviation Administration said four pilots reported a green laser illuminating their aircraft in flight at about 8,000 feet over Long Island between 9:30 p.m. and 10 p.m. Thursday. Another report involved a green laser beamed at a Sun Country Airlines plane at 11:30 p.m., about 14 miles southwest of John F. Kennedy International Airport, the FAA...

  • STOCKHOLM, May 29- Swedish builder Skanska said on Friday its LaGuardia Gateway Partners consortium had been selected as preferred bidder in a $3.6 billion project to build a new terminal at New York's LaGuardia Airport. Skanska said its share of the equity investment would be up to 40 percent, while its share of the construction contract is 70 percent.

  • OMAHA, Neb.— Union Pacific has furloughed about 900 railroad workers because shipping demand has been weaker than expected. Union Pacific Corp. spokesman Aaron Hunt said the recent furloughs were also part of the railroad's effort to align its workforce with the current market. The number of shipments Union Pacific has been delivering so far this year is down...

  • LONDON— Ireland's parliament on Thursday voted in favor of selling off the country's share in the Aer Lingus airline as part of a 1.4 billion euro takeover bid by International Airlines Group, the parent company of British Airways. But Walsh's bid must still clear many hurdles, and needs backing from low-cost carrier Ryanair, the largest shareholder of Aer...

  • Etihad Airways profit jumps by over half to $73 million Thursday, 28 May 2015 | 4:53 AM ET

    DUBAI, United Arab Emirates— Etihad Airways, the United Arab Emirates' fast-growing national carrier, said Thursday its profit rose by more than half to $73 million last year but warned that "aggressive protectionist sentiment" in the West threatens its future prospects. The government-backed airline, which has bought up stakes in several foreign carriers...

  • DUBAI, May 28- Abu Dhabi's Etihad Airways, one of three Gulf airlines that U.S. rivals say benefit from state subsidies, reported a 52 percent rise in annual profit on higher passenger numbers and increased revenue from cargo and partner airlines. Unlike Dubai- based rival Emirates, Etihad has based part of its expansion on investing in other carriers and owns...

  • SkyWest flight diverts to Boise for medical emergency Wednesday, 27 May 2015 | 6:59 PM ET

    BOISE, Idaho— A SkyWest Airlines flight from Eugene, Oregon, to Denver has suffered damage after it diverted to Boise, Idaho, because of a medical issue and made a hard landing. Briggs says there were still passengers waiting for a plane to Denver at 3 p.m. after originally landing in Boise at 7:30 a.m.. Briggs didn't know how many passengers were originally on the...