Delta Air rose$. 15 or. 4 percent, to $36.15. JetBlue Airways Corp. rose$. 09 or. 9 percent, to $10.62. Southwest Airlines Co. rose$. 10 or. 3 percent, to $33.77.» Read More
BEIJING, July 29- Military drills are a new headache for China Eastern Airlines Corp and other Chinese carriers, causing hundreds of flight delays and cancellations as they grapple with a sharp decline in earnings. The delays could affect flights until mid-August, Beijing's Public Security Bureau said last week.
BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.
TORONTO, July 29- Lifted by strong demand and market-beating quarterly results, WestJet Airlines Ltd on Tuesday laid out growth plans including increased capacity and new turboprops for its regional carrier.
HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.
*2nd- qtr profit of $1.21/ share vs est $1.25/ share. July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the busy holiday shopping season.
*Skymark says Airbus did not give it a chance to negotiate. *Airbus says Skymark was unable to perform on contract. TOKYO/ PARIS, July 29- Airbus said on Tuesday it had revoked an order for six A380 superjumbos from Skymark Airlines, losing the only Japanese customer for its biggest jet after the discount carrier struggled to raise cash to pay instalments.
FedEx hired attorneys who represented Barry Bonds to defend against charges that it knowingly shipped packages from illegal pharmacies.
July 29- WestJet Airlines Ltd, Canada's No. 2 carrier, posted a bigger-than-expected quarterly profit as higher ticket prices and fees helped it offset steeper fuel costs and a weaker Canadian dollar. The airline also agreed to buy five Bombardier Inc Q400 NextGen turboprop planes for its Encore regional carrier, Bombardier said in a separate statement.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a higher-than-expected second-quarter profit as it added flights and raised fares. Net income rose 54 percent to $64.8 million, or 88 cents a share, from $42.1 million, or 58 cents a share, a year earlier.
July 29- WestJet Airlines Ltd, Canada's No. 2 carrier, posted a bigger-than-expected quarterly profit as higher ticket prices and fees helped it offset steeper fuel costs and a weaker Canadian dollar.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a 54 percent rise in second-quarter profit as it added flights and had higher average fares. Net income was $64.8 million, or 88 cents a share, compared with $42.1 million, or 58 cents a share, a year earlier. Quarterly revenue rose nearly 23 percent to $499.3 million.
BEIJING, July 29- Military drills have become a new headache for China Eastern Airlines Corp and other Chinese carriers, causing hundreds of flight delays and cancellations just as they are grappling with a sharp decline in earnings.
July 29- WestJet Airlines Ltd, Canada's No. 2 carrier, reported a 16 percent rise in quarterly earnings, helped by a 5.5 percent rise in revenue passenger miles.
HOUSTON, July 29- Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. But Iraq's central government, in a court filing on Monday, laid claim to the cargo that it says was sold by the regional government of Kurdistan without permission from Baghdad, which has said such deals amount to smuggling.
HOUSTON, July 29- Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. To carry out the order from Magistrate Judge Nancy K. Johnson of the U.S. District Court for the Southern District of Texas, the Marshals Service may need to rely on companies in the Galveston Bay area that provide crude offloading services.
SAN FRANCISCO, July 28- FedEx Corp has hired some of the hard-hitting attorneys who represented home run slugger Barry Bonds to defend against criminal allegations that FedEx knowingly shipped packages from illegal online pharmacies. Cristina Arguedas and Allen Ruby were retained by FedEx last week, according to court records.
HOUSTON, July 28- Iraq filed suit on Monday in a Texas court to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission. Iraq, in its filing in U.S. District Court for the Southern District of Texas, asked for an order allowing the cargo to be seized by the U.S.
PARIS, July 28- European planemaker Airbus is set to lose its only Japanese customer for the A380 superjumbo as Skymark Airlines prepares to cancel an order for six jets worth more than $2 billion, industry sources said on Monday. An Airbus spokesman declined to comment on the threat to the Skymark order, which was first reported by Bloomberg News.
TORONTO, July 28- Canada's Ontario Teachers' Pension Plan said on Monday it plans to increase its ownership of Britain's Bristol Airport from the current 49 percent as Australian asset manager Macquarie Group reportedly shops for buyers for its 50 percent stake.
LONDON, July 28- Ryanair boss Michael O'Leary said on Monday that the airline was not particularly interested in acquiring troubled Cypriot carrier Cyprus Airways, which he said had huge legacy issues.
Get the best of CNBC in your inbox