Delta Air rose $1.75 or 3.6 percent, to $50.21. JetBlue Airways Corp. rose $1.39 or 8.8 percent, to $17.16. Southwest Airlines Co. rose $1.19 or 2.6 percent, to $46.99.» Read More
LONDON, Aug 12- From modest beginnings in the Barnett shale beneath the city of Fort Worth, unnoticed by most energy analysts, horizontal drilling and hydraulic fracturing spread across North America and transformed all aspects of the energy landscape in under 10 years.
Aug 11- Online travel agency Priceline Group Inc posted a higher quarterly profit as hotel and airline bookings rose.
*Selling tickets not profitable; airlines need new impetus. BERLIN, Aug 11- Beset by low air fares and relentless competition, airlines around the world are waking up to the value of their frequent flyer programmes and realising they can boost profits as well as brand profile.
WASHINGTON, Aug 8- The U.S. Federal Aviation Administration on Friday restricted U.S. airlines and commercial operators from flying over Iraq while armed conflict raged and the United States launched air strikes. The FAA had previously, on Aug. 1, restricted U.S. airlines from flying at or below 30,000 feet over Iraq.
ROME, Aug 8- Middle Eastern airline Etihad will buy almost half of Alitalia and pour 560 million euros into the lossmaking Italian flag carrier in a turnaround effort that will involve heavy job losses, under a long-delayed deal signed on Friday.
AIRLINES FROM FLYING AT OR BELOW 30,000 FEET OVER IRAQ.
SHANGHAI/ SINGAPORE, Aug 8- Fast forward a year, and Malaysia Airlines may have a new CEO, new logo, new livery, maybe even a new name, and fewer employees, airline insiders and brand experts said as the government signalled a "complete overhaul" of the loss-making carrier that has suffered two recent jetliner disasters.
KUALA LUMPUR, Aug 8- Malaysia Airline System Bhd said on Friday that it had halted trading in its shares pending an announcement, confirming an earlier report by Reuters. Sources told Reuters on Thursday that a suspension of MAS shares would pave the way for plans by Khazanah Nasional Bhd to take it private as the first step in a major restructuring.
KUALA LUMPUR, Aug 8- Malaysia Airline System Bhd said on Friday it has halted trading in its shares pending an announcement. The carrier did not elaborate but sources told Reuters in July that state investor Khazanah Nasional Bhd, which owns 69 percent of MAS, plans to take it private as the first step in a major restructuring.
MALAYSIAN AIRLINE SYSTEM SAYS SHARES SUSPENDED PENDING AN ANNOUNCEMENT.
Aug 7- Air Canada notched a higher operating profit on Thursday but its push into new overseas routes, with longer flights and lower margins, took a toll and sent its stock down nearly 7 percent. Air Canada shares fell as much as 6.7 percent to C $8.62 on the Toronto Stock Exchange, the lowest since May 28.
BERLIN/ MOSCOW, Aug 7- The European airlines Lufthansa, Air France-KLM and Finnair would be hardest hit by a potential closure of the airspace over Siberia, data from a flight tracking website shows.
Officials also discovered the bugs in two crew locker rooms in Astoria, an MTA spokesman said.
KUALA LUMPUR, Aug 7- Malaysia Airlines plans to suspend its shares from trading on Friday, two sources familiar with the situation said, likely paving the way for state investor Khazanah Nasional to take the airline private as a first step in a major restructuring.
Delta Air Line's CEO said the airline's priority is making sure its operations are safe for passengers and crew members.
Lyft and Uber will allow its members to opt into carpooling with people who are taking similar routes in return for a significant discount, re/code.
SYDNEY, Aug 6- Dutch oil industry services firm Fugro is to lead Australia's search of the Indian Ocean seafloor where missing Malaysia Airlines flight MH370 is believed to lie, hoping to solve the mystery of its disappearance five months ago.
Ebola virus and conflict in the Middle East and a possible trade war with Russia could all hurt air travel this year, the IATA said.
BERLIN, Aug 6- The outbreak of the Ebola virus in West Africa, conflict in the Middle East and a possible trade war with Russia could all hurt air travel this year, a leading industry group said. Nevertheless, France, Germany, Greece and the United States are advising their citizens to avoid traveling to the areas of West Africa worst hit by the virus.
SINGAPORE, Aug 6- Indonesia's Lion Group, which boasts an order backlog of about 500 Boeing and Airbus aircraft, has clinched the first deal for its leasing subsidiary in a key diversification move for one of the world's fastest-growing airlines.
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