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  • *Justice Department says practice of closing deals is legal. WASHINGTON, March 5- Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world's biggest passenger airline, as envisioned by two companies and the U.S. Justice Department, was really a good idea.

  • EU reaches tentative deal on aviation emissions Tuesday, 4 Mar 2014 | 4:45 PM ET

    *Environmentalists urge parliament to reject the deal. BRUSSELS, March 4- The European Union on Tuesday reached a preliminary deal on a law that will exempt long-haul flights from paying for carbon emissions until 2016, EU sources said. A spokesman for the European Commission had no immediate comment.

  • KIEV/ LONDON, March 4- Steel and grain exports continue to flow from key global supplier Ukraine via Black Sea terminals with ports operating normal schedules, despite concerns raised by the tense political backdrop, officials and traders said on Tuesday.

  • MEXICO CITY, March 3- Mexico seized more than 119,000 tonnes of minerals suspected of being part of illegal export operations in a port where a powerful drug gang allegedly has been shipping iron to China, the government said on Monday.

  • WASHINGTON, March 3- When he releases his budget proposal on Tuesday, President Barack Obama will be able to celebrate the smallest deficit since he took office in 2009. He also will be able to enjoy a cease-fire in the fiscal battles that have paralyzed Washington for the past three years.

  • WASHINGTON, March 3- When he releases his budget proposal on Tuesday, President Barack Obama will be able to celebrate the smallest deficit since he took office in 2009. He also will be able to enjoy a cease-fire in the fiscal battles that have paralyzed Washington for the past three years.

  • ABU DHABI, March 3- Etihad Airways' Chief Executive said talks to pick an equity stake in struggling Italian carrier Alitalia could swing either way, as the Gulf airline entered into the final phase of due diligence for the investment.

  • NEW YORK, March 3- Winter has not been kind to airline travelers. Since Dec. 21, more than 74,825 U.S. flights have been canceled and another 285,889 delayed in the United States, according to FlightAware.com, which tracks flights. During the Presidents Day weekend, I was set to go to Los Angeles from New York with my 9- year-old son.

  • FedEx unit to raise shipping rates Monday, 3 Mar 2014 | 8:39 AM ET

    This rate change applies to eligible FedEx Freight shipments within the United States, between the U.S. and Canada, within Canada, between the U.S. and Mexico, and within Mexico, FedEx said.

  • YOUR MONEY-Flight delayed or canceled? Read this Monday, 3 Mar 2014 | 7:30 AM ET

    NEW YORK, March 3- Winter has not been kind to airline travelers. Since Dec. 21, more than 74,825 U.S. flights have been canceled and another 285,889 delayed in the United States, according to FlightAware.com, which tracks flights. During the Presidents Day weekend, I was set to go to Los Angeles from New York with my 9- year-old son.

  • ABU DHABI, March 3- Etihad Airways is in the final phase of due diligence on its possible investment in Italian carrier Alitalia, the Abu Dhabi airline's chief executive James Hogan said on Monday. Speaking to reporters, he also said that for an investment to take place, Etihad would have to be convinced that Alitalia could be moved to profitability.

  • ABU DHABI, March 3- Etihad Airways posted a 48 percent leap in 2013 profit on Monday and predicted more growth this year, as the fast-expanding Abu Dhabi airline aims to develop its alliance network with a potential investment in Alitalia.

  • Etihad CEO gives 50-50 chance for Alitalia deal Monday, 3 Mar 2014 | 4:19 AM ET

    ABU DHABI, March 3- Etihad Airways' talks on investing in struggling Italian carrier Alitalia could swing either way and hinge on terms laid down by the Abu Dhabi- based airline, Etihad's chief executive said on Monday.

  • Feb 28- The U.S. Department of Transportation on Friday tentatively approved plans by United Continental Holdings to operate a flight from San Francisco to Tokyo's Haneda Airport.

  • Government Accountability Office, which analyzed data on pilots from 2000 to 2012, said 11 of 12 regional carriers it interviewed for its study had problems meeting their hiring needs.

  • WASHINGTON, Feb 28- More funding is needed to address a growing "infrastructure deficit" in the United States, as aging bridges, roads and highways crumble, putting drivers at risk, the U.S. Department of Transportation said in a report on Friday.

  • Feb 28- Regional airlines are having a hard time finding pilots, the U.S. Government Accountability Office said in a study published on Friday. Earlier this month, Republic Airways Holdings said a scarcity of qualified pilots would hurt pretax income as it cuts its planned flying.

  • Feb 28- China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus, which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers. China Eastern also said it signed a separate deal with Airbus to sell back seven used A300-600 jets.

  • In nosedive, Qantas CEO Joyce may find path to safety Thursday, 27 Feb 2014 | 4:00 PM ET

    SYDNEY, Feb 28- Whether through error or circumstance, Qantas Airways Ltd's spectacular fall from grace is giving chief executive Alan Joyce his best chance of steering the airline toward long-term salvation. If Canberra is convinced Qantas is in peril, it may have little option but to abandon decades of resistance and provide state aid.

  • LONDON, Feb 27- Iran's oil tanker fleet is gearing up for more business, with some vessels taking to the high seas after over more than a year at home ports, another sign that an easing in Western sanctions is enabling exports to begin to pick up.

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