Delta Air fell$. 69 or 1.8 percent, to $37.95. JetBlue Airways Corp. fell$. 38 or 3.3 percent, to $10.98. Southwest Airlines Co. fell$. 29 or. 8 percent, to $34.28.» Read More
SINGAPORE, July 18- The second fatal incident involving Malaysia Airlines in four months will deepen the slump in ticket sales and force the government to speed up any plan to rescue the stricken flagship carrier, bankers say.
*Qantas, Air Berlin among airlines to shift route ahead of crash. SYDNEY, July 18- Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
KUALA LUMPUR, July 18- Malaysian Airlines System Bhd shares fell sharply on Friday after one of its planes was downed over Ukraine, putting more pressure on a carrier still reeling from the disappearance of Flight MH370 in March.
EDINBURGH, July 18- European stocks fell on Friday, extending losses made late in the previous session after a passenger plane was shot down over eastern Ukraine, fuelling tensions between Russia and the West. Airline stocks such as Deutsche Lufthansa and Ryanair were 1.5 percent lower, as major travel companies rerouted flights to avoid Ukranian airspace.
NEW YORK, July 17- Insurance on the Malaysian airliner brought down over Ukraine is likely to pay out relatively quickly if the cause of the crash is determined, but observers say insurance for the loss of 298 lives and other liability could be complex and lengthy.
TOKYO, July 18- The yen hit a five-month high versus the euro on Friday and held some of its overnight gains against the dollar as investors saw the currency as a safe haven after the downing of an airliner over Ukraine and the Gaza conflict stoked geopolitical tension. The Malaysian Airlines passenger jet was brought down over eastern Ukraine.
"This action expands a prohibition of U.S. flight operations issued by the FAA in April, over the Crimean region of Ukraine and adjacent areas of the Black Sea and the Sea of Azov," the agency said. Earlier in the day, the FAA said American air carriers had voluntarily agreed to avoid flying through airspace near Russia's border with Ukraine after the crash.
KUALA LUMPUR, July 18- Malaysian Airlines System Bhd shares fell sharply on Friday on news one of its planes was downed in Ukraine, raising pressure on the state-run carrier to try to restore investor confidence after the second major disaster in months.
SYDNEY, July 18- Australia's Qantas Airways, Korea Air Lines Co Ltd and Asiana Airlines Inc said on Friday they shifted flights operating over Ukrainian air space months ago amid increasing tensions between Kiev and pro- Moscow rebels.
SAN FRANCISCO, July 17- FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing. FedEx allegedly gained at least $820 million from the conspiracy, the filing said, and could be fined up to twice that amount.
WASHINGTON, July 17- American air carriers have agreed to avoid flying through airspace near Russia's border with Ukraine after a Malaysia Airlines plane carrying 295 people crashed in the area on Thursday, the U.S. Federal Aviation Administration said.
NEW YORK, July 17- Insurance on the Malaysian airliner brought down over Ukraine on Thursday is likely to pay out relatively quickly, provided that the cause of the crash is firmly determined, but observers say insurance for the loss of 295 lives and other liability will likely be complex and lengthy.
VICE PRESIDENT BIDEN SAYS MALAYSIA AIRLINES JET WAS SHOT DOWN, "NOT AN ACCIDENT, BLOWN OUT OF THE SKY".
WASHINGTON, July 17- U.S. airlines have voluntarily agreed to avoid airspace near the Russia- Ukraine border, the Federal Aviation Administration said on Thursday. The agency said it consulted U.S. airlines after learning of the crash of a Malaysia Airlines flight from Amsterdam to Kuala Lumpur.
The Malaysian Airlines flight that crashed on Thursday morning in Ukraine was flying in open air space, Eurocontrol authorities said.
UKRAINIAN STATE SECURITY CHIEF ACCUSES TWO RUSSIAN MILITARY INTELLIGENCE OFFICERS OF INVOLVEMENT IN DOWNING OF MALAYSIAN AIRLINE, SAYS THEY MUST BE PUNISHED FOR THIS "CRIME".
MOSCOW, July 17- Russian airline Transaero said on Thursday it would avoid using Ukrainian airspace following the crash of a passenger airliner in eastern Ukraine.
A strike on New York's Long Island Rail Road has been averted after a tentative agreement was reached, a labor union said on its website.
NEW YORK, July 17- U.S. stocks hit session lows on Thursday following news of a Malaysian Airlines jet crash near the Ukraine- Russia border. Malaysia Airlines said it lost contact with a passenger jet that took off from Amsterdam earlier in the day and was headed to Kuala Lumpur, Malaysia's capital.
BRASILIA, July 17- Brazilian planemaker Embraer SA will sign a deal on Thursday to sell 60 E-190 commercial passenger jets to two Chinese airlines, two diplomatic sources told Reuters, asking not to be named because the deal had not been formalized.
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