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  • 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...

  • Stocks of major US airlines end 6-session losing streak Wednesday, 27 May 2015 | 3:43 PM ET

    Airline stocks rose Wednesday to break a losing streak caused by investors' concern that cheaper oil has tricked the carriers into growing too quickly. Airline stocks started sliding last week after Southwest announced another increase in its planned expansion for 2015, and after Parker said that American would cut prices to match moves by discount...

  • UPDATE 2-Airbus wins board spat with Spain, to renew CEO Wednesday, 27 May 2015 | 2:56 PM ET

    AMSTERDAM, May 27- Airbus Group faced down a revolt by government shareholders over a board appointment and invited its chief executive to stay on until 2019 as Europe's largest aerospace company consolidated a recent push for political independence. France and Germany own 11 percent each of Airbus Group and Spain controls 4.1 percent.

  • Electrical failure paralyzes Belgian air traffic Wednesday, 27 May 2015 | 4:41 AM ET

    BRUSSELS— A power failure at a control center paralyzed most of air traffic in and over Belgium for much of Wednesday and caused chaos at Brussels airport because of delays, detours and cancellations of flights. Planes slowly started flying again by mid-afternoon but by that time, thousands of passengers at Brussels airport had been affected.

  • SINGAPORE— Singapore Airlines said Wednesday that it is investigating how one of its jets suffered a loss of power in both of its engines over the weekend and descended 13,000 feet before regaining altitude en route from Singapore to Shanghai. Singapore Airlines said no "anomalies" were detected in either of the engines after the plane arrived in Shanghai, and...

  • 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...