SANTIAGO, May 17- LATAM Airlines Group SA said its Argentina unit was halting all of its flights in the country until 1330 GMT on Saturday after a state company unilaterally decided to stop providing services to the airline.» Read More
A top Boeing executive said on Tuesday it was too early to determine what caused the problems with the lithium ion batteries on its 787 Dreamliner.
A two-day hearing at the National Transportation Safety Board headquarters in Washington that began on Tuesday delved into what Boeing and the Federal Aviation Administration knew about volatile lithium-ion batteries when they proposed them for use on the Dreamliner, and how they addressed the risks.
*Adjusted Q1 profit 31 cents/ share vs Street view 28 cents. April 23- US Airways Group Inc reported a higher-than-expected quarterly profit on Tuesday as it flew fuller planes and boosted revenue, and its shares rose 3 percent.
WASHINGTON, April 23- Boeing Co said on Tuesday that it did not believe during design and testing that a fire could occur in the lithium-ion battery system that failed on its 787 Dreamliner.
DUBAI, April 23- Fuel made from Iranian oil is legally powering thousands of flights a year out of Dubai's booming airport, despite U.S. pressure on buyers to shun Tehran's petroleum exports.
A policy change scheduled to go into effect this week that would have allowed passengers to carry small knives, bats and other sports equipment onto airliners will be delayed.
A two-day hearing at the National Transportation Safety Board headquarters in Washington that began on Tuesday is part of the agency's investigation into what caused a battery to catch fire and burn on a parked 787 Dreamliner in Boston in January.
Net income came to $44 million, or 26 cents a share, compared with $48 million, or 28 cents a share, a year earlier.
Air travelers experienced delays at some U.S. airports as staff cuts at control towers took effect, but the havoc and hour-long waits regulators had predicted largely failed to materialize.
Major shippers like Procter & Gamble, mindful of both fuel costs and green credentials, are turning to companies with natural gas trucks in their fleets.
"We are now faced with substantial possible disruptions to the air transportation system," Senate Commerce Committee Chairman Jay Rockefeller, a Democrat, and Senator John Thune, the top Republican on the panel, said in a letter to U.S. Transportation Secretary Ray LaHood and Federal Aviation Administration Administrator Michael Huerta.
TOKYO, April 23- Japan's Civil Aviation Authority said final permission to resume Boeing Co's grounded Dreamliner flights may come as early as Thursday. Boeing engineers on Monday began installing reinforced lithium-ion battery systems on the Boeing 787 jets in Japan, starting with launch customer All Nippon Airways.
Australia's competition regulator has granted Virgin Australia approval to take control of loss-making rival Tiger Australia in a move that will ramp up competition for Qantas Airways.
TORONTO, April 22- Canadian National Railway Co took a big winter weather hit, the country's largest rail operator said on Monday, as extreme cold and heavy snow in Western Canada slowed operations and nipped into profits.
This will likely be the most profitable first quarter ever for the airline industry. But expect carriers to warn of potential problems in the second quarter due to sequester cuts.
*Boeing says pushing ahead with 777 upgrade. LONDON, April 22- International Airlines Group unveiled orders for 18 Airbus A350 long-haul jets for its British Airways arm and said it was in further talks with Airbus and Boeing to secure more planes for Spanish unit Iberia.
"Staffing challenges" exist at facilities controlling airports in New York, Los Angeles, Dallas-Fort Worth and Jacksonville, Florida, the agency said. Because of budget cuts, there are fewer air traffic controllers, and planes must fly farther apart, causing delays for passengers, the FAA said.
*Israeli carrier El Al's flights grounded for 2 days. JERUSALEM, April 22- Israel reached an agreement with airline El Al on Monday to help cover its security costs, which ended a two-day strike and will help the flag carrier be competitive in an open-skies deal with Europe.
It was a tough start to the week for many air travelers as federal budget cuts led to cascading delays along the East Coast Monday morning.
April 22- Air Canada said on Monday it expects to post a wider first-quarter operating loss, due to weather-related flight cancellations, operational challenges at its main airport hubs and an impairment charge, sending its shares tumbling.
Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan.
Some of the most popular small SUVs have failed crash tests that simulate a common and deadly front end collision.
Has the auto industry gone too far selling new cars and trucks to those with subprime credit records?