Dec 12- Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands- based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp, the reports said.» Read More
Greece dismissed the chairman of its privatization agency on Sunday after a newspaper exposed how he used the private plane of a businessman who had just bought a state company to go on holiday.
TOKYO, Aug 19- Tokyo's busy Haneda airport is the latest battleground for Japan's two big carriers, Japan Airlines Co Ltd and ANA Holdings, in a politically-charged fight over $400 million worth of landing rights.
Stelios Stavridis is the second head of HRADF to leave in less than six months, reigniting controversy around Greece's ailing privatisation programme which is a central requirement of its international bailout.
Stelios Stavridis is the second head of HRADF to leave in less than six months, reigniting controversy around Greece's ailing privatisation programme which is a key part of its international bailout.
United Technologies said one of its units was responsible for a problem with fire-fighting systems discovered in some Boeing Dreamliner jets.
BIRMINGHAM, Ala., Aug 16- U.S. government investigators looking into the crash of a UPS cargo plane said on Friday the pilots received a low altitude warning seven seconds before the sound of impact, according to data recovered from the cockpit voice recorder.
BIRMINGHAM, Ala., Aug 16- U.S. government investigators were able to retrieve data on Friday from flight recorders pulled from the wreckage of a UPS cargo plane, which could shed light on Wednesday's fiery crash in Alabama that killed the jet's pilot and co-pilot. "We do have good data," said National Transportation Safety Board spokeswoman Kelly Nantel.
The United Parcel Service Inc plane's "black box" flight recorders arrived at the headquarters of the National Transportation Safety Board in Washington late Thursday, within hours of being pulled from a heap of melted plastic and debris at the crash site outside Birmingham, Alabama's international airport.
LONDON, Aug 16- Libya's largest refinery on Friday loaded its first petroleum products tanker since labour unrest hit the oil sector nearly three weeks ago but protests still throttled the country's vital crude oil exports, shipping sources said.
NEW YORK, Aug 15- A U.S. bankruptcy judge on Thursday held off approval of a restructuring plan for American Airlines, citing a U.S. government challenge this week to the airline's proposed merger with US Airways Group Inc..
Aug 15- The Canadian province of Quebec has ordered Canadian Pacific Railway Ltd to help pay clean-up costs after a train disaster that killed 47 people and said on Thursday the company has no choice in the matter.
BIRMINGHAM, Ala., Aug 15- The cockpit voice and flight data recorders were retrieved on Thursday from the wreckage of the UPS cargo jet that crashed early Wednesday on approach to Birmingham, Alabama's airport, the National Transportation Safety Board said.
NEW YORK, Aug 15- A judge asked AMR Corp for guidance on whether he should approve its plan to exit bankruptcy, in light of an antitrust challenge to its planned merger with US Airways Group Inc.. AMR, the parent company of American Airlines, has been in bankruptcy since 2011 and worked out an $11 billion merger with US Airways as part of its plan to exit Chapter 11..
BIRMINGHAM, Ala., Aug 15- Investigators combed through the wreckage of a UPS cargo plane for the second straight day on Thursday, hoping to find clues to the crash that killed two pilots outside Birmingham, Alabama's international airport early Wednesday.
LONDON, Aug 15- IAG, the owner of British Airways and Iberia, has picked Airbus again for the latest stage of its fleet modernisation, planning to acquire up to 220 A320s worth $20 billion to renew and expand its short-haul fleet.
SAO PAULO/ RIO DE JANEIRO, Aug 14- Brazilian tycoon Eike Batista agreed to cede control of port operator LLX Logistica to U.S. investment group EIG Global Energy Partners, one of the biggest steps in the breakup of his once high-flying energy and mining empire Grupo EBX.
WASHINGTON, Aug 14- The federal judge assigned to hear a lawsuit to block the latest U.S. airline mega-merger began her career as a prosecutor, oversaw the resolution of the Microsoft Corp antitrust case and for years presided over a secret surveillance court.
NEW YORK/ ATLANTA Aug 14- US Airways Group Inc and American vowed on Wednesday to fight the federal government's anti-trust lawsuit in court by arguing their proposed $11 billion merger would promote competition.
NEW YORK, Aug 14- Billionaire investor George Soros dumped 7.85 million shares of US Airways Group Inc in the second quarter, a regulatory filing on Wednesday showed. On Tuesday, the U.S. Justice Department filed a lawsuit to block the proposed merger of US Airways and AMR Corp, the parent company of American Airlines.
SAO PAULO/ RIO DE JANEIRO, Aug 14- Brazilian tycoon Eike Batista took another step in the break-up of his once high-flying energy and mining empire on Wednesday by agreeing to cede control of port operator LLX Logística SA to U.S. investment group EIG Global Energy Partners.
A new study by the National Highway Transportation Safety Administration found that Americans have a need for speed.
Mary Barra's success rests on whether she can make GM more competitive, profitable and live up to its potential.
GM is dropping Chevy as its primary brand for mass-market vehicles in Europe and making Opel its mainstream line.