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  • LONDON, Jan 9- The owner of British Airways said on Friday that Aer Lingus had rejected a revised takeover approach valuing the Irish airline at 2.40 euros per share. Aer Lingus said in December it had rejected a takeover approach from its larger rival, which is keen to gain control of its highly coveted runway slots at London's Heathrow Airport.

  • Mass evacuation after 150-car pileup in Michigan Friday, 9 Jan 2015 | 1:51 PM ET
    Semi with fireworks exploding on I 94 east of Galesburg Michigan.

    Michigan State Police have confirmed that at least one person was killed in a multiple vehicle pileup on I-94 near Galesburg, Michigan.

  • Uber cuts fares, guarantees earnings for drivers Friday, 9 Jan 2015 | 11:20 AM ET
    Uber app

    Uber says it will lower fares in 48 cities across the U.S. while guarantee earnings for drivers.

  • U.S. gasoline tax hike talk increases in Congress Thursday, 8 Jan 2015 | 4:25 PM ET

    WASHINGTON, Jan 8- The possibility of a gasoline tax increase to help pay for federal highway improvements was attracting increased attention in the U.S. Congress as a prominent conservative Republican on Thursday said he was willing to consider the move. Senator Orrin Hatch, the new chairman of the Senate Finance Committee that oversees tax measures, told...

  • Honda will pay two $35 million fines, making it the largest amount ever paid by an automaker as a result of an investigation by the National Highway Transportation Safety Administration. In November, Honda revealed it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June 2014. "We have resolved this matter and will move forward...

  • WASHINGTON, Jan 8- Honda Motor Co has agreed to pay $70 million to the U.S. government in penalties for failing to report hundreds of injuries, deaths and other consumer claims involving its cars, transportation officials said on Thursday. In November, Honda revealed that it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June...

  • LONDON, Jan 8- Some of the world's largest oil traders have this week hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut. The price of Brent crude is now around $8 a barrel higher for delivery at the end of 2015, with its premium rising sharply over spot prices this week due to forecasts for a large surplus in the first half...

  • Check it out! The world's biggest ship Thursday, 8 Jan 2015 | 8:05 AM ET
    Freight containers sit on the deck of the CSCL Globe

    The world's largest container ship is making waves on its maiden voyage, as it arrives at the Port of Felixstowe in Suffolk, England.

  • *Strong demand growth in China. BERLIN, Jan 8- Weakening economies in Asia and Africa could dampen demand for international air travel this year, taking the gloss off the positive effects of cheaper oil for the global airline industry, a leading industry body said on Thursday. That was slightly less than the 6 percent growth achieved for the entire market, which was...

  • TORONTO/ MONTREAL, Jan 8- A long-delayed proposal to outfit commercial airliners with ejectable "black box" recorders may have a better chance of being adopted following the AirAsia crash in the Java Sea, according to three sources at the U.N. global aviation body. "I think there's a more positive attitude now because of the last few accidents," he said in reference to...

  • Daimler's Mercedes-Benz has a different idea from Ford- and worlds apart from Internet company Google Inc, which has jolted the automotive establishment with its high-profile effort to develop a fully self-driving city car. Where Ford wants to make autonomous cars for "Everyman," and Google envisions cars as pod-like appliances, Daimler presented robotic...

  • Jan 7- A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong- bound plane last July that had a "threatening" message scrawled under its tail engine, according to a complaint filed with the U.S. Department of Labor. Chicago- based United, a unit of United Continental Holdings Inc, said it would fight the...

  • Jan 7- A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong- bound plane last July that had a "threatening" message scrawled under its tail engine, according to a complaint filed with the U.S. Department of Labor. United, a unit of United Continental Holdings Inc, said it would fight the pending litigation...

  • US Airways had sought under federal antitrust law to recoup three times the $317 million to $482 million it claimed to lose in overcharges and profit from Sabre's alleged illegal conduct over nearly seven years, from April 21, 2007 to March 31, 2014. District Judge Lorna Schofield in Manhattan said US Airways, now part of American Airlines Group Inc, may pursue...

  • US Airways had sought under federal antitrust law to recoup three times the $317 million to $482 million it claimed to have lost in overcharges and profit from Saber's alleged illegal conduct over nearly seven years, from April 21, 2007 to March 31, 2014. District Judge Lorna Schofield in Manhattan said US Airways, now part of American Airlines Group Inc, may...

  • Qatar Airways to cut surcharge following oil price drop Wednesday, 7 Jan 2015 | 9:34 AM ET

    DOHA, Jan 7- Qatar Airways, the gulf state's national carrier, will cut its fuel surcharge following the plunge in crude oil prices, the company's chief executive told reporters on Wednesday. "As far as the fuel price reduction is concerned, there will be no reduction in the ticket fare, but there will be a reduction in the fuel surcharge that we were charging," Akbar Al...

  • Senator Charles Schumer on Wednesday will call for tighter screening of all employees at U.S. airports after a Delta Air Lines Inc baggage handler was charged with helping smuggle 18 handguns onto a flight from Atlanta to New York City. Schumer, a New York Democrat, will ask the U.S. Transportation Security Administration to require that all airline and airport...

  • Boeing deliveries hit record, Airbus wins on orders Wednesday, 7 Jan 2015 | 2:06 AM ET
    A Boeing ground test crew member examines a Boeing 787 Dreamliner.

    Boeing delivered 723 jetliners in 2014, hitting its own target, setting an industry record and besting rival Airbus Group.

  • UN unit wants flights to check in every 15 mins Tuesday, 6 Jan 2015 | 5:34 PM ET

    The United Nations aviation agency will propose a new standard that requires commercial aircraft to report their position every 15 minutes.

  • UN AVIATION BODY TO PROPOSE DRAFT STANDARD REQUIRING AIRLINES TO REPORT POSITIONS EVERY 15 MINUTES- ICAO.

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