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.» Read More
Maintenance workers for LATAM Airlines have threatened to delay or cancel flights throughout South America ahead of the World Cup.
SANTIAGO/ LIMA, June 4- Maintenance workers for LATAM Airlines have threatened to delay or cancel flights throughout South America in support of a strike by Peruvian colleagues in the days ahead of the World Cup.
LONDON, June 4- Odyssey Airlines will not be the first new airline to have attempted to break into the lucrative London- New York business travel market, one of the most profitable routes in the world, but this time it will be different, says its founder.
*ABN AMRO expects to grow its ship finance business in coming years. ATHENS, June 4- ABN AMRO is pumping billions of dollars into its shipping finance business as the sector looks to recovery- just as European rivals cut their exposure due to tougher capital constraints, the Dutch state bank's head of shipping said.
*Dufry to cement lead over DFS as largest airport retailer. ZURICH/ LONDON, June 4- Swiss travel retailer Dufry is buying rival Nuance for 1.55 billion Swiss francs, expanding its presence in Asia and cementing its position as the world's largest duty-free retailer ahead of Hong Kong- based DFS Group.
DOHA/ DUBAI, June 3- Qatar sealed its position at the center of a new aviation map this week as host to the annual meeting of the global airline industry's International Air Transport Association, but the Gulf country and its neighbors drew criticism from rivals about trade and investment policies.
BRUSSELS, June 3- European Union antitrust regulators have approved an alliance planned by world No. 1 container shipping company AP Moller-Maersk and another that includes Japan's largest shipper Nippon Yusen Kaisha aimed at tackling excess capacity.
DOHA, June 3- Moves by airlines to keep track of their aircraft in real time following the disappearance of Malaysian Airlines' flight MH370 could push up ticket prices for passengers- but governments should also foot part of the bill, airline industry leaders said on Tuesday.
*Venezuela expected to release only $486 mln. DOHA, June 3- Venezuela is being "wilfully irresponsible" in its treatment of airlines that have more than $4 billion of revenue trapped in the country, a leading industry body said on Tuesday.
NEW YORK, June 2- Private equity firms Warburg Pincus LLC and Vestar Capital Partners Inc are exploring an initial public offering of Triton Container International Ltd that could value the company at more than $6 billion, including debt, said three people familiar with the matter.
Media companies are among the commercial groups not allowed under current FAA rules, but tens of thousands of drones are already in use in the United States, often flouting federal restrictions, for a wide range of tasks from farming to film making.. The FAA last month highlighted a case where a drone nearly collided with a passenger plane near a Florida airport.
DOHA, June 2- Mystified by the loss of Malaysian jetliner MH370, some airlines will not wait for an industrywide solution to keeping track of their aircraft flights in real time, provided products are offered at the right price, industry executives said on Monday.
*TransForce says deal to add immediately to earnings. June 2- Canadian trucking company TransForce Inc said it would buy truckload company Transport America Inc from private equity firm Goldner Hawn Johnson& Morrison Inc in a $310 million deal to benefit from higher pricing in the United States.
June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America Inc for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..
June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..
DOHA, June 1- On New Year's Day, 1914, Abe Pheil squeezed into the open cockpit of a Benoist Type XIV boatplane in St. Petersburg, Florida, and became the world's first airline passenger, flying 20 miles in 23 minutes for a specially auctioned fare of $400.
The airline has asked Airbus to address requests it made after the usual pre-delivery customer inspection, Qatar Airways CEO Akbar Al Baker said on Friday.
DOHA/ DUBAI, May 30- Qatar Airways has delayed taking delivery of its first Airbus A380 by "several weeks" while the planemaker tackles problems with the cabin interior identified by the airline during the handover, its chief executive told Reuters.
*IATA meet of airline execs in Doha June 1-3. DOHA/ KUALA LUMPUR, May 30- Global airlines are gathering in Doha for an industry summit intended to celebrate 100 years of commercial air travel, but now darkened by the disappearance of Malaysian jetliner MH370.
And, DHL may use Boeing 747 jets on its route from its Cincinnati hub to Miami, replacing 767 s, because of the growing volume of packages heading to and from Latin America, Mike Parra, chief executive of DHL Express for the United States, told Reuters.
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