Delta Air fell $2.90 or 5.8 percent, to $47.31. JetBlue Airways Corp. fell$. 37 or 2.1 percent, to $16.79. Southwest Airlines Co. fell $1.81 or 3.9 percent, to $45.18.» Read More
The restructuring plan will include route cuts as well as the loss of up to 5,000 to 6,000 jobs, according to a source.
NEW YORK, Aug 25- A tanker carrying 300,000 barrels of Kurdish crude oil has changed its destination to Limassol, Cyprus, as it returned from the United States without delivering its disputed cargo to a New Jersey refiner.
The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.
CAIRO/ BENGHAZI, Aug 25- Libya wants the international community to help protect its oilfields, airports and other state assets as it is too weak to stop armed groups fighting for control, its ambassador in Cairo said on Monday.
Spaceflight remains a dream for most stargazers, but everyone can buy a portfolio of stocks to invest in space travel of the future.
HONG KONG, Aug 25- China shares finished lower on Monday as investors set aside money for coming initial public offerings, though the oil and aviation sectors outperformed. That is expected to lock up 900 billion yuan in funds, according to the Southern Metropolis Daily in Guangzhou.
Two popular cars were once again on the top of the National Insurance Crime Bureau's list of most stolen vehicles.
American Airlines says it will charge a $150 fee each way for minors between 12 and 14 who fly alone.
SHANGHAI, Aug 22- Thousands of truck drivers went on strike over salary and haulage rates in the eastern Chinese port of Ningbo this week, and a logistics firm said on Friday the industrial action was disrupting operations at the world's sixth busiest port.
It's a concept that's catching on globally. Sharing economy has rejuvenated sectors from transportation to hospitality and is making its way to Asia.
SEATTLE, Aug 21- U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday. Net profit at the airlines rose to $3.8 billion, up from $1.6 billion in the prior-year period.
More people will get away this Labor Day weekend than have in the past six years, reports USA Today.
Hertz, Avis Budget Group Inc and market leader Enterprise Rent-A-Car control about 90 percent of the U.S. car rental market. And more so Hertz, than Avis, since cars are made by General Motors Co account for a bigger portion of its fleet.
LONDON, Aug 20- Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multi-million dollar bonanza they reaped in 2008-2009..
The U.S. has more available trucking jobs than qualified drivers, as older workers retire. Inside the labor shortfall.
Big investors are shaping transportation in 2039 by betting on relatively boring fixes to bridges, airports and roads.
Growing fears of a volcanic eruption Iceland left investors on edge Wednesday with airlines braced for potential disruption.
*Dandelion native to Kazakhstan yields tyre-grade rubber. MUENSTER, Germany, Aug 20- Dutch biologist Ingrid van der Meer often meets with disbelief when she talks about her work on dandelions and how it could secure the future of road transport.
KUALA LUMPUR, Aug 20- Malaysia is considering tapping one of its top economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a "premium airline", a newspaper reported on Wednesday.
Aug 19- Canada's Transportation Safety Board on Tuesday released its final report on last year's Lac-Mégantic crude train disaster, including a list of 18 "causes and contributing factors" to the catastrophic derailment that killed 47 people.
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