SYDNEY, April 25- The search for missing Malaysia Airlines Flight MH370 is likely to drag on for years, a senior U.S. defence official told Reuters on Friday, as an underwater search for any trace of the plane's wreckage off west Australia appeared to have failed.» Read More
DUBAI, Nov 17- There is plenty of untapped demand for mid-range travel from Dubai's tourism hub despite the massive capacity at the airport filling up, Flydubai's chief executive told Reuters after the budget carrier signed a deal for 100 Boeing 737 MAX planes.
*Boeing launches revamped 777 with over 250 orders. DUBAI, Nov 17- Gulf airlines splashed out over $150 billion on new plane deals on day one of the Dubai Airshow, underscoring a shift in power in the aviation industry and giving a boost to the formal launch of Boeing's newest jet, as well as to Airbus's A380 superjumbo.
*Boeing launches revamped 777 with over 250 orders. DUBAI, Nov 17- Gulf airlines splashed out on well over $100 billion of orders on day one of the Dubai Airshow, underscoring a shift in power in the aviation industry and giving a boost to the formal launch of Boeing's newest jet, as well as to Airbus's A380 superjumbo.
Dubai flag carrier Emirates will buy more Airbus A380 superjumbos, the airline's chairman said at the opening of the Dubai Airshow.
DUBAI, Nov 17- Boeing launched a long-awaited new version of its 777 long-haul jet with 259 orders from four airlines at the Dubai Airshow on Sunday. Boeing Chairman James McNerney said the order, based on commitments worth some $100 billion at list prices, was the largest combined order in the company's history.
*Boeing seen launching 777 X with around 250 orders, 4 buyers. DUBAI, Nov 17- Abu Dhabi's Etihad Airways placed a $25.2 billion aircraft order with Boeing on Sunday, kicking off a Dubai Airshow expected to be dominated by the formal launch of Boeing's newest airplane and fresh demand for the world's largest passenger jet.
*Boeing seen launching 777 X with around 250 orders, 4 buyers. DUBAI, Nov 17- Gulf airlines prepared to unleash orders for jets worth over $100 billion as the Dubai Airshow opened on Sunday, dominated by the formal launch of Boeing's newest airplane and fresh demand for the world's largest passenger jet.
*Boeing seen launching 777 X with around 250 orders, 4 buyers. *Boeing says union vote on 777 X assembly won't deter launch. Gulf airlines are set to place orders worth over $100 billion at the Airshow, industry sources said, led by record investment in a new Boeing jet.
*Boeing seen launching 777 X with around 250 orders, 4 buyers. The birth of a revamped successor to Boeing's 777 jet, with some 250 orders booked or in the pipeline from four airlines, marks a new step in the growth of Gulf airlines and a fierce contest between Boeing and Airbus for their business.
*Etihad also seen placing a $18 bln order with Boeing. Industry sources have said Etihad is also expected to order around 55 Boeing jets worth $18 billion from Boeing at the show, including 25 of its latest long-haul jet, the 777 X..
WASHINGTON, Nov 15- The U.S. Postal Service reported on Friday that it managed to slow the hemorrhaging of cash in its latest fiscal year, but said a legislative fix is still needed to put it on a sound financial footing.
*$4- 5 bln of shipping loans to be placed in bad bank- sources. LONDON, Nov 15- Royal Bank of Scotland is reviewing its shipping loan business and is expected to place billions of dollars from the portfolio in the part-nationalised group's new internal "bad bank", sources familiar with the matter said.
Nov 15- American Airlines Group, the company that will be formed when AMR Corp's American and US Airways Group Inc complete their merger, will trade under the symbol "AAL" on the Nasdaq market, the companies said on Friday. American and US Airways this week reached an agreement with the U.S. Justice Department paving the way for the merger.
FedEx CEO Fred Smith also told CNBC he's "flattered" that Dan Loeb has taken a major stake in the company.
MOSCOW, Nov 15- Aeroflot, the state-controlled Russian airline, on Friday ruled out buying or aiding stricken Italian carrier Alitalia, which is seeking a cash injection to keep flying. "Aeroflot does not plan to buy Alitalia, nor will it participate in any way in its financing," a representative of the Russian flag carrier told Reuters.
MOSCOW, Nov 15- Aeroflot, the state-controlled Russian airline, on Friday ruled out buying or aiding stricken Italian carrier Alitalia, which is seeking a cash injection to keep flying.
NEW YORK/ WASHINGTON, Nov 14- U.S. railroads on Thursday urged regulators to improve safety standards for tank cars carrying flammable liquids, following a spate of accidents in the booming crude-by-rail industry.
The company will either get the deal it wants with the machinists, or something relatively close, or it will build the 777X jet somewhere else.
By Cyril Altmeyer and Stefano Bernabei. PARIS/ ROME, Nov 14- Top shareholder Air France-KLM refused a plea for cash on Thursday to rescue Alitalia, saying a new business plan was not enough to save the stricken Italian carrier unless its creditors also write off some of its huge debts.
Nov 14- Shares of Eagle Bulk Shipping fell as much as 29 percent on Thursday, a day after the company warned that it could breach certain loan terms if freight rates remained low. It also warned that it could breach covenants in the current quarter if rates fell further, or it failed to cut costs or it suffered more losses on its investment in Korea Lines Corp.
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