SYDNEY, Dec 6- Australia's prime minister Tony Abbott spurned a plea for help from Qantas Airways Ltd on Friday, saying subsidising the embattled airline would be "a bottomless pit" as its credit rating was relegated to junk status.» Read More
JOHANNESBURG, Sept 10- Striking South African airline workers returned to work this week and promised to pursue wage talks in a further sign of waning union militancy amid job fears that have eased the strike threat to Africa's biggest economy.
*China demand for iron ore pushing up the rates. *Bunker fuel costs rising on Middle East tensions. LONDON/ SINGAPORE, Sept 10- While a glut of vessels is keeping shipping rates well below their pre-crisis peaks, the cost of shipping industrial commodities hit near two-year highs in recent days, helped by Chinese demand for iron ore and growing political risks.
RIO DE JANEIRO, Sept 10- Brazilian tycoon Eike Batista is in talks to cede control of mining company MMX Mineração e Metálicos SA's iron ore port near Rio de Janeiro, according to a securities filing on Tuesday.
A Thai Airways plane carrying more than 280 people skidded off the runway while landing at Bangkok's main airport, injuring 14 passengers.
MUNICH, Sept 8- Germany's Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said.
WASHINGTON, Sept 6- The U.S. government's effort to prevent US Airways and American Airlines from merging could hurt the carriers' ability to compete on increasingly tough international routes, and that would probably mean fewer options for business travelers.
Sept 6- Delta Airlines will join the S&P 500 index after the close of trading on Sept. 10, replacing BMC Software, Standard& Poor's said on Friday. Shares of Delta, the second largest carrier behind United Continental, rose 4.6 percent to $20.80 in after-hours trading.
TORONTO, Sept 6- Bombardier Inc's new CSeries aircraft completed high-speed taxi trials on Friday as anticipation mounted that the narrow-body plane could make its inaugural flight within the next week or so.
WASHINGTON, Sept 5- An overhaul of the U.S. air traffic control system that would help airlines navigate crowded air routes is likely to be further delayed by U.S. budget cuts, the head of the nation's chief defense and aerospace industry lobbying group said on Thursday.
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TORONTO, Sept 5- Bombardier Inc announced the sale of its Flexjet aircraft ownership business on Thursday, and the new owners agreed to order up to 245 Bombardier business jets valued at $5.2 billion.
BRUSSELS, Sept 5-- The EU agreed to a deal late Wednesday to scale back its law regulating carbon from flights as U.N. negotiators pledged to craft a global pact on aviation emissions that would not take effect for seven years.
SEOUL, Sept 5- Asiana Airlines grounded a Boeing 777 plane in Bangkok two days ago because of engine problems, a spokeswoman for the South Korean carrier said on Thursday. "The 777 jetliner bound for Incheon, South Korea, had problems with an engine starter and went through maintenance before leaving the next day," spokeswoman Lee Hyo- min said.
*Ryanair sees weak autumn in European aviation; shares fall. DUBLIN, Sept 4- Europe's biggest budget airline Ryanair could miss its annual profit target for the first time in a decade, it said on Wednesday, blaming lower demand across the continent and a weaker currency in its largest market, Britain.
*Ryanair drags down airlines after profit warning. LONDON, Sept 4- European shares edged lower on Wednesday, with Italian stocks hit by domestic political uncertainty while airlines suffered from a profit warning by Ryanair and the risk of higher oil prices in case of an attack on Syria.
BANGKOK, Sept 4- Tens of thousands of Thai rubber farmers protesting against a sharp drop in prices escalated protests across southern Thailand on Wednesday, cutting off access to large swathes of the region by blocking roads leading to tourist and commercial hubs.
Washington, Sept 3- JetBlue Airways Corp, mentioned as a possible takeover candidate if the merger of US Airways Group Inc and American Airlines fails to be completed, is not interested in a merger or acquisition, its chief executive said on Tuesday.
COPENHAGEN, Sept 3- Who would have thought a container shipping firm could rally as many Facebook "likes" as a big brewer, find lost cargoes via Instagram or use Pinterest to limit the public relations setback of accidentally killing a whale?
In Japan, where buying American jets once helped take the sting out of trade deficit tensions, Boeing dominates with around an 80 percent market share. Flag carrier Japan Airlines Co Ltd has yet to buy an Airbus aircraft even though the political prodding to purchase Boeing jets partially built in Japan has lessened.
LONDON, Sept 2- An attack by assailants on a container ship in the Suez canal has heightened risks for merchant shipping using the vital waterway, with further threats considered likely as political turmoil continues in Egypt.
And Ford is targeting the global market: The newest Mustang was unveiled in six cities around the world on Thursday.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.