Delta Air rose$. 50 or 1.3 percent, to $40.41. JetBlue Airways Corp. rose$. 13 or 1.0 percent, to $12.60. Southwest Airlines Co. rose$. 63 or 2.0 percent, to $31.87.» Read More
Feb 28- Regional airlines are having a hard time finding pilots, the U.S. Government Accountability Office said in a study published on Friday. Earlier this month, Republic Airways Holdings said a scarcity of qualified pilots would hurt pretax income as it cuts its planned flying.
Feb 28- China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus, which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers. China Eastern also said it signed a separate deal with Airbus to sell back seven used A300-600 jets.
SYDNEY, Feb 28- Whether through error or circumstance, Qantas Airways Ltd's spectacular fall from grace is giving chief executive Alan Joyce his best chance of steering the airline toward long-term salvation. If Canberra is convinced Qantas is in peril, it may have little option but to abandon decades of resistance and provide state aid.
LONDON, Feb 27- Iran's oil tanker fleet is gearing up for more business, with some vessels taking to the high seas after over more than a year at home ports, another sign that an easing in Western sanctions is enabling exports to begin to pick up.
*4th- qtr profit of $400,000 vs $35.3 mln loss year earlier. Feb 27- Trucking company YRC Worldwide Inc reported fourth-quarter results that beat Wall Street estimates as operating revenue in its regional transportation business rose 10 percent, sending its shares up about 11 percent.
WASHINGTON, Feb 27- Orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly rose last month as did a gauge of business spending plans, but that will probably not change views that factory activity is slowing.
American Airlines has ended its policy of extending special fares to passengers who must book a last-minute flight because of a relative's death.
SYDNEY, Feb 27- Qantas Airways Ltd is axing 15 percent of its workforce, slashing spending and selling gas-guzzling older planes after stiff competition at home and overseas pushed the Australian flag carrier deep into the red in the first half.
WASHINGTON, Feb 26- Oil companies handling volatile fuel out of North Dakota's energy patch must consider the dangers of flammable gas carried in the kind of oil-by-rail shipments involved in a string of fiery derailments, a U.S. regulator said on Wednesday.
The disappointing report came as Australia's iconic airline Qantas Airways announced plans to cut 5,000 jobs over the next three years to help it withstand fierce competition.
SYDNEY, Feb 27- Australian carrier Qantas Airways Ltd plans to cut 15 percent of its workforce, sell older jets and reduce capital spending after reporting a first-half loss amid growing competition in both international and domestic operations.
Congress faces a Sept. 30 deadline to renew federal funding for transportation programs, and the Highway Trust Fund that helps pay for road and bridge projects is teetering on insolvency.
Delta said it will become the latest carrier to change its frequent-flier program to a system based on ticket price rather than miles.
Feb 26- Delta Air Lines Inc said on Wednesday it would make a major change to its frequent-flier program, basing the number of miles earned toward free flights on how much customers spend rather than the distance traveled. Atlanta- based Delta said the new program would favor "frequent business travelers" and leisure fliers who buy tickets at higher fares.
*Estimates fourth-quarter loss of 33- 38 cents/ shr. Feb 26- Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to a weak air freight market, sending its shares down as much as 28 percent in early trading.
WASHINGTON, Feb 26- President Barack Obama will announce in St. Paul, Minnesota, on Wednesday a four-year, $302 billion plan to create jobs by fixing the nation's crumbling roads, bridges, rail and transportation infrastructure.
Delta Air Lines said it would make a major change to its frequent flier program, based on how much customers spend rather than the distance traveled.
Feb 26- Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to lower demand for air freight and higher costs. UTi also said it would have to raise about $525 million in additional capital to pay off debt of at least $400 million that could come due in April.
WASHINGTON, Feb 26- U.S. lawmakers are expected to question regulators and rail industry officials on Wednesday about several recent fiery derailments, focusing on whether shipments from energy producing regions such as North Dakota's Bakken area are being handled safely.
WASHINGTON, Feb 25- The Obama administration will look for ways the federal government could spur investment to improve infrastructure for transporting oil and natural gas supplies around the country, U.S.
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