NEW YORK— Some British Airways frequent flier accounts have been hacked, but the airline says that most personal information is safe. The London- based airline did not say how many accounts were compromised, but said they have been locked down and can no longer be accessed. British Airways is not aware of any access to any personal information within Executive...» Read More
*Oil fell to four-year low of $72 on Thursday. SINGAPORE, Nov 28- Airlines in Asia-Pacific are holding off from hedging their fuel costs as they wait for oil to dip below $70 a barrel in hopes of securing lower prices, industry executives said on Friday. The benchmark Brent crude oil price fell more than $6 to under $72 a barrel on Thursday, its lowest since July 2010,...
Andrew Cowen, Deputy CEO at Hong Kong Express, says oil makes up about 45 percent of costs so the commodity's recent decline translates into higher profits ahead.
Uber on Thursday heavily criticized a court decision that stopped its operations in Nevada and said it would not be giving up on the state.
Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, accusing politicians of taking an "irresponsible" gamble on the island's economy. The possible shutdown of Puerto Rico's buses and commuter train services, affecting 75,000 commuters, would be a...
Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, in what would be a major escalation of the island's debt crisis. The possible shutdown of Puerto Rico's buses and commuter train services threatens a fragile economy and would be a further blow to...
The commonwealth's Government Development Bank says the transit system can't make payroll without a tax increase.
An insurance company is taking a gamble on airline flights, offering payouts if there are delays or cancellations and if luggage is lost.
According to a new study, air travelers can expect more days of the year to have Thanksgiving-like congestion, the busiest time of the year.
Nov 25- A group of Delta Air Lines pilots seeking to replace the current pilots' union at the U.S. carrier are struggling to win enough support. The Delta Pilots Association claims that nearly half of the airline's 12,000 pilots have at some time in the past four years signed cards backing it to be their union for collective bargaining with management.
Amtrak plans to move holiday travelers through a snowstorm forecast to hit the East Coast, but the system needs investment badly, said its CEO, Joseph Boardman.
Blade is launching a service Tuesday called Bounce that provides choppers between Manhattan's West Side and Teterboro Airport through an app.
General Motors has confirmed that a car accident involving a Texas woman is among those linked to the company's faulty ignition switch issue.
The sudden departure of UTX CEO had investors scratching their heads and wondering whether it created an opportunity to buy the stock.
Forecasters warn that Thanksgiving travelers may face snow and ice that could cause delays in airports and on the road, reports NBC.
Elon Musk, CEO of Tesla and SpaceX, shared images and descriptions of new spacecraft technology on Twitter.
One retailer's worries show how the ongoing West Coast dock labor troubles are affecting the outlook for sales.
Nov 21- American Airlines Group Inc subsidiary Envoy Air plans to transfer at least 50 Embraer 145 aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to an internal letter reviewed by Reuters. One of American's other regional subsidiaries, Piedmont Airlines, will receive at least 20 of the transferred...
DETROIT, Nov 21- Ford Motor Co said on Friday its 2015 F-150 aluminum-intensive pickup truck, the most important model in its latest lineup, will get 5 to 29 percent better fuel economy than its previous versions. The Chrysler LLC Group's Ram 1500 3- liter V6 with a diesel engine, which it called EcoDiesel, gets 28 mpg on the highway, 20 mpg in city driving and a combined...
The ongoing labor strife at West Coast ports is putting pressure on retailers, such as GameStop and Ann Taylor, who need speedy access to the billions of dollars worth of imports that come in through the docks.
Nothing matters for e-commerce companies if deliveries show up after Christmas, but more services are helping to ensure consumers don't get grumpy.