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  • *IAG would operate Aer Lingus as separate brand. DUBLIN, Jan 27- The board of Irish airline Aer Lingus has recommended an improved 1.36- billion-euro takeover offer from the owner of British Airways which now must sooth government concerns to win shareholder approval. Aer Lingus said its recommendation is subject to being satisfied with how IAG proposes to...

  • Aer Lingus recommends $1.5 bln offer from BA-owner IAG Tuesday, 27 Jan 2015 | 2:13 AM ET

    DUBLIN, Jan 27- Aer Lingus's board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group, the Irish airline said on Tuesday. The new proposal by the owner of British Airways, its third in six weeks, is worth 2.55 euros per share, up from a previous 2.40 euros, and includes a cash offer of 2.50 per euros share and a...

  • Northeast, affecting up to 20 percent of Americans by making workers and students housebound, halting thousands of flights and prompting New York to ban cars from roads and halt subway trains. With memories still fresh of Sandy, a superstorm that ravaged the East Coast in 2012, the governors of six East Coast states declared emergencies, and the snow blast...

  • Qantas hikes base ticket prices even as oil slumps Monday, 26 Jan 2015 | 10:21 PM ET

    Qantas Airways will raise base ticket prices to offset drop of fuel surcharges, a move against calls for the airline industry to lower fares.

  • SYDNEY, Jan 27- Qantas Airways Ltd said it would be raising base ticket prices to compensate for the axing of a separate fuel surcharge, pushing back against calls for the airline industry to lower fares in the wake of falling oil prices. Oil is now 60 percent cheaper than it was at its June peak, fuelling an anticipated near $5 billion increase in global industry...

  • SYDNEY, Jan 27- Qantas Airways Ltd said on Tuesday it is restructuring its international tariffs to absorb fuel surcharges into base fares, adding that lower oil prices put airlines in a better position to invest in new aircraft, lounges and routes. Qantas was prompted into the change by arch rival Virgin Australia Holdings Ltd, which removed its last remaining...

  • Uber caps NYC pricing as blizzard barrels down Monday, 26 Jan 2015 | 3:01 PM ET
    Uber Winter Storm

    Uber will set a price cap in New York City amid the blizzard.

  • Lower coal revs hit Norfolk Southern profit Monday, 26 Jan 2015 | 1:24 PM ET
    A file photo of a Norfolk Southern freight train.

    Norfolk Southern expects a solid U.S. economy to boost its business in 2015 but said it was too early to gauge the impact of lower energy prices.

  • Jan 26- American Airlines Group has canceled all late afternoon and evening flights scheduled for Monday from the New York area, Philadelphia and Boston as a major winter storm bears down on the northeast, spokeswoman Andrea Huguely said. The cancellations affect flights of American Airlines, US Airways and all regional partners, Huguely said in an email.

  • Turkish Airlines and Airbus declined to comment. A senior executive at the airline said last week it was considering expanding its fleet and was studying a list of Airbus and Boeing models including the A380. Fast-growing Turkish Airlines has long been on Airbus's target list as a potential customer for the aircraft.

  • CHICAGO, Jan 26- Norfolk Southern Corp, the No. 4 U.S. railroad, expects a solid U.S. economy to boost its business in 2015 but said on Monday it was too early to gauge the overall impact of lower energy prices. Norfolk Southern's fourth-quarter profit was hurt by a 15 percent drop in coal revenue. The Norfolk, Virginia- based company said gains in its intermodal, or...

  • CHICAGO, Jan 26- Norfolk Southern Corp, the No. 4 U.S. railroad, on Monday reported slightly lower fourth-quarter profit due partly to a 15 percent drop in coal revenue. Norfolk Southern said the drop in coal was caused by a weak global export market and fewer shipments of coal to utilities, which resulted in a decrease in freight volumes of 6 percent.

  • Aer Lingus bid: Hot topic for Ireland Monday, 26 Jan 2015 | 4:45 AM ET
    Aer Lingus bid: Hot topic for Ireland

    AER Lingus is reviewing a third bid from IAG, worth 1.3 billion euros. CNBC's Catherine Boyle reports on the latest.

  • KUALA LUMPUR, Jan 26- A group calling itself "Official Cyber Caliphate" said it hacked on Monday the official website of national carrier Malaysia Airlines, but the airline said its data servers remained intact and passenger bookings were not affected. "Malaysia Airlines assures customers and clients that its website was not hacked and this temporary glitch...

  • KUALA LUMPUR, Jan 26- The official website of national carrier Malaysia Airlines was hacked on Monday by a group calling itself the "Official Cyber Caliphate." The website, www.malaysiaairlines.com, currently shows a photograph of a lizard in a top hat and tuxedo, surrounded by the messages' 404- Plane Not Found' and' Hacked by Lizard Squad- Official Cyber Caliphate'.

  • How Bambi is costing drivers $8 billion per year Sunday, 25 Jan 2015 | 2:00 PM ET
    A deer crossing a highway in Washington state.

    While hitting an animal with your car may be tragic, statistics say it is usually safer than swerving. It is, but there are still risks and costs.

  • BERLIN, Jan 25- European Transport Commissioner Violeta Bulc called for the introduction of a standardized European-wide road pricing system in comments she made to a German Sunday newspaper. She said there were many different systems in Europe at the moment and this was a burden on car drivers and an obstacle to their mobility. Germany plans to introduce a...

  • The threats against Delta Air Lines flight 1156, coming from Portland, Oregon, and Southwest Airlines flight 2492, from Milwaukee, were deemed credible, said airport spokesman Reese McCranie. No bomb was found aboard the Delta flight while the Southwest flight was still being searched by explosives units, Federal Bureau of Investigation spokesman Special...

  • American Airlines sued by mechanics union organizers Friday, 23 Jan 2015 | 7:53 PM ET

    Jan 23- Union organizers sued American Airlines on Thursday, alleging that maintenance directors pressured workers to skimp on federal safety procedures and threatened discipline if they reported too many maintenance flaws. They demanded punitive damages, an injunction to restrain airline managers from making further threats, as well as a trial by jury,...

  • Mechanics union sues American Airlines Friday, 23 Jan 2015 | 5:27 PM ET
    File photo of American Airlines planes

    A mechanics union has filed a lawsuit against American Airlines alleging that the company's managers pressured mechanics to breach FAA regulations.

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