Deputy Foreign Affairs Minister Hamzah Zainuddin met with the passengers' relatives in Kuala Lumpur to talk about where to go next. He declined to elaborate further, but said a fund could possibly be set up by the government or Malaysia Airlines. He added that he would soon visit Beijing to shore up bilateral relations between Malaysia and China.» Read More
Nov 4- US Airways Group was fined $1.2 million by the U.S. Department of Transportation on Monday for not providing adequate wheelchair assistance to passengers at airports in Philadelphia and Charlotte, North Carolina.
WASHINGTON, Nov 4- The U.S. Justice Department is pressing for divestitures at airports throughout the United States as a condition for dropping a lawsuit aimed at stopping a proposed merger of US Airways and American Airlines, U.S.
WASHINGTON, Nov 4- The U.S. Justice Department is looking for divestitures at key airports throughout the United States as a condition for dropping a lawsuit aimed at stopping the proposed merger of US Airways and American Airlines, U.S. Attorney General Eric Holder said on Monday.
Nov 4- Oasis Management, a Hong Kong- based investment fund, has taken a 5 percent stake in Hawaiian Holdings Inc, parent of Hawaiian Airlines, the fund said in a regulatory filing on Monday. "The market seems to be fundamentally overlooking the potential for Hawaiian as it opens direct routes to mainland China," said Alex Shoghi, an analyst with Oasis.
LONDON, Nov 4- In the decade to 2013, shale gas and oil transformed the U.S. and global energy markets. Freight trucks powered by liquefied natural gas rather than diesel could become a common sight on the U.S. interstate highway system under plans being developed and financed by Royal Dutch Shell.
MIAMI, Nov 1- The attorney general of Florida, one of several states challenging the proposed merger of American Airlines and US Airways, said on Friday she hoped for a "timely resolution" after meeting with American Airlines' top executive.
*Airbus and Boeing in dispute over seat width. The dispute focuses on the width of seats provided on long-haul flights for economy passengers- not always the ones most courted by airlines, but whose allocated space holds the key to efficiency claims for the latest jets offered by Airbus and Boeing.
DUBLIN, Nov 1- Budget airline Ryanair has no plans to radically overhaul the way it is managed and has already unveiled most of the promised customer service improvements in an effort to improve its image, Chief Executive Michael O'Leary told Reuters.
LONDON/ CAIRO, Nov 1- Egypt has gone from fuel famine to glut thanks to gifts from Gulf monarchs since the army removed the Islamist president in July- and that is giving the state oil company and foreign traders new headaches. Now Egypt's oil import terminals are so crowded that some tankers have been lying off Alexandria and Suez for two months, running up bills.
*Stolt-Nielsen, Odfjell, Ardmore set to gain- analysts. Nov 1- After four years in the doldrums, the specialized chemical tankers that ply the seas between the United States and Asia are set to generate bumper profits for the handful of companies that own and operate them.
SAN FRANCISCO, Oct 31- Benchmark, the firm behind companies ranging from eBay to Twitter, is raising a new venture fund, according to a person familiar with the situation.
*Takes 119 mln euro impairment charge on Alitalia. *Expects to achieve 2 bln euro debt reduction in 2015. PARIS, Oct 31- Fog clouding the future of Alitalia deepened on Thursday when Air France-KLM wrote off the value of its stake and told Italy it would ignore an emergency cash call for the battered airline unless "very strict conditions" were met.
WASHINGTON, Oct 31- The U.S. Federal Aviation Administration said on Thursday it will allow airlines to expand the use of portable electronic devices in flight to include smartphones, tablets and e-readers, ending a long-standing ban.
WASHINGTON, Oct 31- The U.S. Federal Aviation Administration said on Thursday it will allow airlines to expand the use of portable electronic devices in flight. "Passengers will eventually be able to read e-books, play games, and watch videos on their devices during all phases of flight, with very limited exceptions," the FAA said.
*Industry seeking to avoid delays to projects worth more than $12 bln. JAKARTA, Oct 31- Work on billions of dollars worth of new roads, bridges, dams and power plants in Indonesia could soon come to a standstill unless the government takes emergency action to help construction firms cover rising production costs, an industry trade group said.
*Profit 79 cents a share excluding items vs estimate of 75 cents. Oct 30- Low-cost carrier Spirit Airlines Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased airfares and fees for baggage and other services.
Oct 30- Spirit Airlines, a low-cost carrier, said on Wednesday that quarterly profit nearly doubled as its flights increased. Net income was $61.1 million, or 84 cents a share, in the third quarter, compared with $30.9 million, or 43 cents a share, a year earlier, the company said on Wednesday. Quarterly revenue rose 33 percent to $456.6 million.
*JetBlue shares down nearly 3 percent. Oct 29- JetBlue Airways Corp's quarterly earnings missed Wall Street estimates because of rising costs, and the airline said on Tuesday that it would delay Embraer jet deliveries over the next three years to cut expenses.
DOHA, Oct 29- Qatar Airways, the launch customer for Airbus's A350, expects the European planemaker to start delivering the aircraft by the second half of next year and plans to order more planes next month, the airline's chief executive said on Tuesday.
Oct 29- JetBlue Airways Corp missed estimates for quarterly profit on Tuesday as costs rose, and the airline said it would delay Embraer jet deliveries over the next three years to save money. Cost pressures have been a major hurdle for New York- based JetBlue, which has 80 percent of its operations in the U.S.
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