Delta Air fell$. 18 or. 5 percent, to $37.30. JetBlue Airways Corp. fell$. 38 or 3.3 percent, to $11.18. Southwest Airlines Co. fell$. 39 or 1.1 percent, to $34.20.» Read More
CHICAGO, May 13- Smoke at an Illinois flight control center halted air traffic at Chicago airports for about three hours on Tuesday and forced hundreds of flights to be canceled, officials said.
LAC-MEGANTIC, Quebec, May 13- Three railway workers charged with criminal negligence in a Canadian train disaster that killed 47 people in Lac-Megantic, Quebec last July were released on bail on Tuesday after a brief court appearance.
Smoke in a regional radar facility has forced a halt to all incoming and outgoing flights at both of Chicago's airports.
CHICAGO, May 13- A fire at a Federal Aviation Administration flight approach control center in Illinois that halted air traffic into and out of Chicago's two airports on Tuesday has been put out, but the halt remained in effect and flights were delayed across the country, officials said.
FRANKFURT, May 13- German shipping company Hapag-Lloyd's first-quarter loss widened as its revenue declined, hit by tough competition which depressed freight rates and a weak dollar.
BEIJING, May 13- Beijing plans to build a new 86 billion yuan airport in the south of the Chinese capital as congestion continues to clog runways and gates at Beijing Capital International Airport.
TORONTO/ OTTAWA, May 12- Canadian authorities on Monday charged Montreal, Maine and Atlantic Railway Ltd and three employees with criminal negligence following last summer's train derailment in Lac-Megantic, Quebec, that killed 47 people.
TORONTO, May 12- Canadian authorities have charged three men as well as Montreal, Maine and Atlantic Railway Ltd with criminal negligence following last summer's train derailment in Lac-Megantic, Quebec that killed 47 people.
May 12- Gogo Inc reported a higher-than-expected 35 percent jump in quarterly revenue, as more flyers used its in-flight wireless internet services, and brushed away concerns about rival services from AT&T Inc..
Workers in lower-paid infrastructure occupations earn 30 percent more than other sectors,according to a Brookings report.
May 12- Gogo Inc posted a higher-than-expected 35 percent jump in quarterly revenue as more air travelers used its in-flight wireless internet services, sending the company's shares up almost 10 percent in premarket trading.
MONTREAL, May 12- United Nations aviation officials gathered in Canada on Monday to discuss better tracking of aircraft in the highest-level response yet to safety concerns raised by the disappearance of Malaysia Airlines flight MH370 in March.
PARIS, May 11- The United Nations is leading a high-level effort this week to improve the way aircraft are tracked to address public concerns over the disappearance of a Malaysia Airlines passenger jet.
The low-cost niche started with companies offering cut-rate fares between the Chinatown sections of New York and Boston. It took off eight years ago when major carriers such as megabus.com, a unit of Britain's Stagecoach Group Plc, arrived, offering online bookings and tickets as a low as $1.
LONDON/ ANKARA, May 11- Payment problems are disrupting commercial food cargoes to Iran, with hundreds of thousands of tonnes of grain and sugar stuck in transit, as Western banking sanctions complicate deals and trade financiers scale back exposure.
SAO PAULO, May 9- Work on an airport outside Sao Paulo was partially suspended on Friday because of unsafe working conditions in the rush to prepare for the World Cup, all but guaranteeing the private operator would miss a crucial deadline for a new terminal.
It was the 20th of the last 22 quarters that the agency has posted a loss, the USPS said. "We're quite obviously in a deep financial hole," Joseph Corbett, USPS chief financial officer and executive vice president, told reporters in a briefing.
*Pvt equity has pumped $32 bln into shipping in past 2 yrs-fund mgr. SINGAPORE, May 9- The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its prospects just as the sector is emerging from its worst downturn in three decades.
LONDON, May 9- British Airways owner International Consolidated Airlines Group reported better than expected first-quarter results on Friday, with a halving of losses at troubled Spanish carrier Iberia putting it on course for a rise in annual profits.
LONDON, May 9- British Airways-owner International Airlines Group said on Friday its seasonal first-quarter loss narrowed by 46 percent, beating an consensus forecast, as a turnaround at its Iberia unit started to take effect.
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