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  • Air Mauritius first-half pretax loss widens on euro woes Thursday, 13 Nov 2014 | 10:47 AM ET

    PORT LOUIS, Nov 13- Air Mauritius posted a wider first-half pretax loss of 6.15 million euros from a 3.07 million euros a year earlier due to the depreciation of euro, the airline said on Thursday. Mauritius is a popular holiday destination, but the fragile economic situation in its core European markets and the depreciation of the euro against the dollar has hit...

  • PARIS, Nov 13- Indonesia's Lion Group is pushing forward with revived plans for a 2016 initial public offering now designed to fund an airport vital to securing its growth, chief executive Rusdi Kirana said. The 51- year-old former travel agent captured international attention when he announced record purchases of jets from Boeing and Airbus to serve...

  • PARIS, Nov 13- Indonesia's Lion Group is pushing forward with revived plans for a 2016 initial public offering now designed to fund an airport vital to securing its growth, Chief Executive Rusdi Kirana said. The owner of one of the world's fastest-growing airlines, Lion Air, is also close to placing an order for Airbus A330 wide-body jets, which it plans to use for...

  • DUBAI, Nov 12- The impact of the Ebola outbreak, regional conflict and an uncertain global economic outlook will remain a drag on the airline industry, Dubai's flagship carrier Emirates said on Wednesday after reporting higher first-half net profit. The world's fourth-largest carrier of international passengers posted a profit of 1.9 billion dirhams for...

  • Nov 12- American Airlines Group Inc will not add seats to the largest jets flown by its regional carriers, saying it is more important for new management to build trust with pilots than to increase revenue, Bloomberg reported. The planes flown by American Airlines's regional carriers will continue to have 76 seats, instead of increasing to 81 seats the airline...

  • Making cars safer: have the driver do less Tuesday, 11 Nov 2014 | 4:00 PM ET

    SINGAPORE, Nov 12- As millions of cars are under recall for potentially lethal air bags, designers are trying to reduce the need for the device- using sensors, radar, cameras and lasers to prevent collisions in the first place. The U.S.-based Insurance Institute for Highway Safety found that forward-collision warning systems cut vehicle-to-vehicle crashes by...

  • WASHINGTON, Nov 10- AT&T Inc has scrapped its plans to launch high-speed Internet service on commercial flights in order to focus on international expansion and video offerings, the company said in a statement on Monday. On Friday, the carrier announced a $1.7 billion acquisition of Mexican operator Iusacell, AT&T's second major acquisition this year...

  • Don't limit car service competition in NY: Official Monday, 10 Nov 2014 | 2:55 PM ET
    New York State Attorney General Eric Schneiderman

    New York state's attorney general urged the NYC Taxi and Limousine Commission to revise a proposed rule that would protect traditional car services.

  • The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. The storm is expected to hamper travel by closing roads with heavy snow and winds and causing...

  • Employee data may include names, dates of birth, Social Security numbers, addresses, beginning and end dates of employment and emergency contact information, the Postal Service said on Monday. "The intrusion is limited in scope and all operations of the Postal Service are functioning normally," USPS spokesman David Partenheimer said in a statement.

  • WASHINGTON, Nov 10- The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • WASHINGTON, Nov 10- The U.S. Postal Service reported a data breach on Monday that may have compromised personal information about its 500,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • Nov 10- In-flight internet services provider Gogo Inc posted a bigger quarterly loss as it spent more on expanding its services, sending its shares down 7 percent in premarket trading. Gogo has been spending more on international expansions, connectivity fees and regulatory approvals. Gogo also said cash capital expenditure rose 21 percent to $29.8 million...

  • NEW YORK, Nov 9- American Airlines Group Inc flight attendants narrowly rejected a joint labor contract on Sunday, in a defeat following the merger of American and the former US Airways last year that brought together a combined workforce of some 24,500 U.S.-based stewards. The contract was defeated by 16 votes, according to the Association of Professional...

  • BEIJING, Nov 8- China will contribute $40 billion to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the largesse of its own economic growth. China has dangled financial and trade incentives before, mostly to Central Asia but also to countries in South Asia,...

  • BEIJING, Nov 8- Chinese President Xi Jinping said on Saturday China will establish a $40 billion infrastructure fund to build a new Silk Road, the official Xinhua news agency reported. Xi made the comments at a dialog meeting on strengthening connectivity and improving cooperation in the country's neighborhood, said Xinhua. Attending the meeting were the...

  • NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...

  • WestJet to reduce fares by 15 pct on several routes Friday, 7 Nov 2014 | 6:10 PM ET

    Nov 7- WestJet Airlines Ltd, Canada's No. 2 airline, said on Friday it would slash its fares for economy passengers on several routes by as much as 15 percent. The Calgary- based airline is growing beyond its roots as a no-frills domestic carrier, boosting capacity and adding more international flights. But a day later, Chief Executive Gregg Saretsky said the new fee...

  • Check out the new spacecraft from NASA & Lockheed Friday, 7 Nov 2014 | 10:41 AM ET
    NASA's Orion spacecraft

    The Orion, which may take astronauts to asteroids and Mars, is scheduled for an unmanned test launch on Dec. 4.

  • LONDON, Nov 7- British Airways owner IAG laid out plans to pay a maiden dividend, coming of age three years after it was created in a merger between BA and Spain's Iberia. International Airlines Group said it was confident of increasing profit by more than 10 percent a year between 2016 and 2020, on top of significant growth this year and next. BA and Iberia sealed an...

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