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  • JetBlue Airways quarterly profit rises 11 pct Thursday, 23 Oct 2014 | 8:05 AM ET

    Oct 23- JetBlue Airways Corp reported an 11 percent rise in quarterly profit, as it flew fuller planes. The company's net profit rose to $79 million, or 24 cents per share, in the third quarter ended Sept. 30, from $71 million, or 21 cents per share, a year earlier. JetBlue's load factor, a key indicator of capacity, rose to 86.2 percent from 85 percent, the company said.

  • Southwest Airlines profit jumps 27 pct Thursday, 23 Oct 2014 | 7:28 AM ET

    Oct 23- Southwest Airlines Co reported a 27 percent rise in quarterly profit as it boarded more passengers and benefitted from lower jet fuel costs. Net income rose to $329 million, or 48 cents per share, for the third quarter ended Sept. 30, from $259 million or, 37 cents per share, a year earlier. Excluding items, the U.S. carrier earned 55 cents per share, up from 34 cents...

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • SHANGHAI, Oct 23- China's CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd. CNR and CSR are China's top locomotive makers, while China Railway Construction Corp Ltd and China Railway Group Ltd build track. Xu said CSR would be part of a group of...

  • NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....

  • *Russia languishes near bottom of air safety league. *Russia lacks systematic approach to safety- pilot. Numerous official investigations and a crackdown in recent years have done nothing to raise Russia from near the bottom of the global league, largely due to weak regulation and the effects of sky-high alcohol consumption.

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • SINGAPORE/ PARIS, Oct 22- From Scandinavia to Southeast Asia, low-cost airlines have ordered record numbers of planes in recent years, redefining the jet industry. Between them, Indonesia's Lion Air, Malaysia's AirAsia and Norwegian Air Shuttle have ordered more than 1,400 Airbus and Boeing jets, worth about $140 billion at current list prices.

  • UPDATE 1-CN Rail earnings up on higher volumes Tuesday, 21 Oct 2014 | 4:40 PM ET

    TORONTO, Oct 21- Canadian National Railway Co reported higher third-quarter earnings on Tuesday as revenue jumped on higher freight volumes. Net income rose to C $853 million, or C $1.04 a share, from C $705 million, or C $0.84 a share, a year earlier. Analysts had been expecting earnings of C $1.05 a share on revenue of C $3.14 billion, according to Thomson Reuters...

  • It's a buyer's market for (used) private jets Tuesday, 21 Oct 2014 | 3:15 PM ET
    A Gulfstream G550 jet on display at the Singapore Airshow in February 2014.

    Suddenly, private Gulfstream jets are affordable. Well, "affordable" in a relative sense.

  • Oct 21- Canadian Pacific Railway Ltd reported higher third-quarter earnings and revenue on Tuesday as its operating ratio, a key efficiency measure, set a new record. Earnings and revenue fell short of analyst expectations, but shares rose 1.8 percent to C $225.45 on the Toronto Stock Exchange, in line with rival Canadian National Railway Co.

  • Biz jets: Bigger, farther and more connected Tuesday, 21 Oct 2014 | 12:03 PM ET
    Bedroom suite onboard Bombardier's Global 7000 business jet.

    The corporate jet is increasingly being used to fly further, and that means new types of aircraft like Bombardier's Global 7000 are more in demand.

  • *Insurers face $800 mln bill; outstrips $60- $90 mln premiums. *Follows downing of MH17 over Ukraine, other incidents. The hefty bill dwarfs the $60- $90 million in income insurers received last year to cover the incidents, which have included the downing of Malaysia Airlines' MH17 passenger jet in Ukraine, and could mean some bow out of the market if the price...

  • MOSCOW, Oct 21- The driver of a snow plough involved in the plane crash that killed the chief executive of French oil major Total denies he is guilty and relatives say he never drinks, his lawyer said on Tuesday. Russia's Investigative Committee said Vladimir Martynenko was in a condition of alcoholic intoxication when the snow plough he was driving was in a...

  • MOSCOW, Oct 21- The driver of a snow plow involved in the plane crash that killed the chief executive of French oil major Total denies he is guilty, his lawyer said on Tuesday. He considers himself guiltless as he followed all the instructions from the dispatcher, "lawyer Alexander Karabanov told Reuters. Russia's Investigative Committee said Vladimir...

  • By Peter Maushagen and Victoria Bryan. FRANKFURT/ BERLIN, Oct 21- Lufthansa pilots threatened to call further strikes this week after the latest stoppage in a dispute over retirement benefits grounded two-thirds of its flights on Tuesday. At Frankfurt airport, Lufthansa's main hub and Europe's third largest airport, queues snaked back from check-in desks, and...

  • RUSSIAN TRANSPORTATION WATCHDOG SAYS TOTAL CEO'S PLANE CRASHED IN MOSCOW IN "BAD VISIBILITY".

  • KUWAIT, Oct 21- Revenue at Kuwait- listed logistics company Agility is expected to resume growing next year as emerging markets business expands and the company develops new sectors, chief executive Tarek Sultan said. With more than 20,000 employees and over 500 offices in more than 100 countries, Agility is one of Kuwait's corporate success stories and a play...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking off...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking...

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