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  • US airlines to resume flights to Israel Thursday, 24 Jul 2014 | 9:22 AM ET

    The FAA's ban, imposed out of concern for the risk of planes being hit by Hamas rockets, became a hot button topic in both U.S.-Israeli diplomacy and Washington politics. Chicago- based United Airlines is set to resume service to Tel Aviv with a 4:45 p.m. eastern flight from Newark, New Jersey.

  • AP Top Extended Financial Headlines At 9:14 a.m. EDT Thursday, 24 Jul 2014 | 9:14 AM ET

    French official: Air Algerie flight carrying 116 people vanishes over northern Mali Applications for US jobless benefits dip to 284,000; lowest level since February 2006 World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions General Motors 2 Q profit falls 85 pct., drained by massive recall costs Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again Flush with more revenue, American Airlines posts profit, declares first dividend since 1980 With summer travel season in full swing, United Airlines breaks into the black Higher fares, more full seats help push Southwest Airlines to record 2 Q profit of $465 million Wal-Mart promotes exec of Asia division Greg Foran as new CEO of Wal-Mart US stores Caterpillar 2nd- quarter profit rises, revenue falls; lifts full-year earnings forecast

  • Britain's easyJet to resume flights to Tel Aviv Thursday, 24 Jul 2014 | 8:57 AM ET

    LONDON, July 24- British low cost carrier easyJet said it will resume flights to Tel Aviv as scheduled from Friday 25 July after regulators lifted advice over flying into the Israeli airport.

  • An American Airlines plane (left) and a USAirways jetliner at Dallas-Fort Worth.

    *Adj Q2 profit of $1.98 a share compares with $1.95 estimate. American, the largest airline by traffic, which was formed from the late 2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.

  • American Airlines boosts profit on higher revenue Thursday, 24 Jul 2014 | 8:45 AM ET

    FORT WORTH, Texas— Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders. American Airlines Group Inc. said Thursday that it earned a record $864 million in the second quarter, up from the $507 million that American and US Airways earned separately a year ago, before their merger.

  • United Airlines posts 2Q profit, reversing 1Q loss Thursday, 24 Jul 2014 | 8:35 AM ET

    CHICAGO— United Airlines is making money after a slow start to the year. The airline's net income in the second quarter hit $789 million, topping Wall Street expectations and marking a turnaround from the first quarter when United was the only major U.S. carrier to report a loss.

  • Europe lifts recommendation not to fly to Tel Aviv Thursday, 24 Jul 2014 | 12:48 AM ET

    BERLIN— Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of safety concerns amid the fighting between Israel and Hamas. The European Aviation Safety Agency late Tuesday said it "strongly recommends" that airlines refrain from operating flights to and from Tel Aviv.

  • US lifts ban on flights to Tel Aviv airport Thursday, 24 Jul 2014 | 12:15 AM ET

    WASHINGTON— The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.

  • July 24- American Airlines Group Inc said on Thursday it will pay its first dividend since 1980 and buy back stock as it reported higher second-quarter earnings. American, the largest airline by traffic, formed from the late-2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.

  • American Airlines to pay first dividend since 1980 Thursday, 24 Jul 2014 | 7:55 AM ET

    FORT WORTH, Texas— American Airlines says it will pay its first dividend since 1980.. American Airlines Group Inc. made the announcement as it reported net income of $864 million in the second quarter, up from $220 million a year earlier. Southwest Airlines pays one, and Delta Air Lines restored its dividend last year.

  • Ahead of the Bell: US new home sales Thursday, 24 Jul 2014 | 6:29 AM ET

    WASHINGTON— The Commerce Department reports on sales of new homes in June. The report will be released at 10 a.m. Eastern on Thursday. The National Association of Realtors reported that sales of existing homes increased 2.6 percent to a seasonally adjusted annual rate of 5.04 million homes.

  • *Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..

  • Air Algerie jet with 116 on board crashes in Mali Thursday, 24 Jul 2014 | 5:39 AM ET

    ALGIERS, Algeria— An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali during a rainstorm, officials said.

  • *Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..

  • Taiwan searches plane wreckage for clues on crash Thursday, 24 Jul 2014 | 12:09 AM ET

    The ATR-72 operated by Taiwan's TransAsia Airways was carrying 58 passengers and crew when it crashed into houses on the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday, authorities said. The plane was on a flight from the city of Kaohsiung in southern Taiwan.

  • July 24- Insurers are expected to hike war risk premiums for airlines following losses due to global conflicts, including the downing of a Malaysia airplane over Ukraine, insurance rating agency A.M. Best Company said on Wednesday.

  • Audit: NASA doesn't have the money for big rockets Wednesday, 23 Jul 2014 | 5:31 PM ET

    WASHINGTON— NASA doesn't have enough money to get its new, $12 billion rocket system off the ground by the end of 2017 as planned, federal auditors say. The Government Accountability Office issued a report Wednesday saying NASA's Space Launch System is at "high risk of missing" its planned December 2017 initial test flight.

  • *Israel rejects comparisons with Ukrainian disaster. *Israel offers desert airport as alternative. JERUSALEM, July 23- Israel tried on Wednesday to get U.S. and European commercial flights to Tel Aviv restored after some carriers suspended services, insisting its main airport there was safe despite being targeted by Palestinian rockets.

  • Israel scrambles to restore foreign flights to Tel Aviv Wednesday, 23 Jul 2014 | 11:26 AM ET

    *Israel rejects comparisons with Ukrainian disaster. *Israel offers desert airport as alternative. JERUSALEM, July 23- Israel tried on Wednesday to get U.S. and European commercial flights to Tel Aviv restored after some carriers suspended services, insisting its main airport there was safe despite being targeted by Palestinian rockets.

  • European carriers suspend more Tel Aviv flights Wednesday, 23 Jul 2014 | 8:29 AM ET

    BERLIN— Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of safety concerns amid the fighting between Israel and Hamas. The European Aviation Safety Agency late Tuesday said it "strongly recommends" that airlines refrain from operating flights to and from Tel Aviv.