GO
Loading...

Enter multiple symbols separated by commas

Transportation

More

  • *IAG presents formal bid for Aer Lingus. DUBLIN, May 26- The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to make a formal bid to buy the Irish carrier. International Consolidated Airlines Group's proposed 1.36 billion euro offer for Aer Lingus was recommended by the...

  • May 26- Delta Air Lines Inc on Tuesday announced new flights from Seattle to five destinations in its latest move to strip market share from Alaska Air Group Inc, which is based in that city. Investors worry that overlaps with the airport's larger operator Alaska Airlines could lead to lower ticket prices and revenue from Seattle. Delta said it would begin...

  • Taxi drivers fight back against Uber and Lyft Tuesday, 26 May 2015 | 12:44 PM ET
    A New York City Taxi and Limousine Commission medallion sits on the hood of a taxi in New York.

    As taxi medallion values decline, some cab drivers are trying to fight back against ride-hailing start-ups including Uber and Lyft.

  • LAGOS, Nigeria— Nigeria's outgoing government has agreed to pay a debt of $800 million to resolve a months-long fuel crisis crippling the economy days before the inauguration of a new president in the country, oil suppliers said Wednesday. Chaos reigned Tuesday at Nigerian airports where most flights were cancelled. Nigeria— Africa's biggest oil producer—...

  • Sinkhole closes runway at big transit hub Tuesday, 26 May 2015 | 12:26 PM ET
    Delays and cancellations at DFW Airport on the first day of FAA furloughs were minimal, but the ripple effect from other airports nationwide could affect operations.

    A sinkhole has closed a runway at Dallas/Fort Worth International Airport, which may delay flights at one of the busiest airports.

  • *Government approval would leave takeover in Ryanair hands. DUBLIN, May 26- The Irish government expects to make a decision later on Tuesday on the potential sale of its 25 percent stake in Aer Lingus to IAG, the owner of British Airways and Iberia which offered to buy the Irish carrier in January. International Consolidated Airlines Group's proposed 1.36...

  • UPDATE 1-Sinkhole closes runway at DFW airport Tuesday, 26 May 2015 | 11:12 AM ET

    May 26- A sinkhole has closed a runway at Dallas/Fort Worth International Airport, which may delay flights at one of the largest transit hubs in the United States. American Airlines Group Inc, which operates more flights from the airport than any other airline, has seen "no operational impact," according to spokesman David Magaña. The U.S. Federal Aviation...

  • *Profit up 66 pct in year to March 31. DUBLIN, May 26- Ryanair forecast a 10 percent rise in profit and passenger numbers in its current financial year as it targets more primary airports and improves its online offering to compete better with rivals such as easyJet and former flag carriers. Ryanair has made huge strides in catching up with rivals since launching...

  • Small business jet rolls partly off runway at Baltimore Tuesday, 26 May 2015 | 10:26 AM ET

    BALTIMORE— Aviation officials say a small business jet rolled partly off a runway at Baltimore-Washington International Thurgood Marshall Airport. Maryland Aviation Administration spokesman Jonathan Dean says no one was hurt in the incident Tuesday morning. He says the Cessna Citation arrived shortly after 8 a.m. and was traveling from a runway to a...

  • AMSTERDAM, May 26- In handing out lucrative public procurement contracts, Qatar is likely to favor countries whose airports grant take-off and landing slots to state-owned Qatar Airways, its chief executive said on Tuesday. While he later stressed that he had no direct influence over public procurement decisions, he said Qatar offered rich pickings for...

  • DUBLIN, May 26- Ryanair trumpeted the success of its image makeover after soaring passenger numbers helped the Irish airline to post a 66 percent rise in full-year profit. The budget carrier, whose outspoken CEO Michael O'Leary softened his notoriously no-frills business model last year, said passenger numbers grew nearly three times faster than original...

  • LISBON, Portugal— Portuguese labor groups are vowing to keep up their fight against the government's privatization plans for public transport, as Lisbon subway staff walked off the job for the 43rd time in four years. Workers at the Lisbon bus company Carris and national railroad company Comboios de Portugal, both state-owned, have also staged dozens of...

  • Open skies in Australia: Will it draw carriers? Tuesday, 26 May 2015 | 3:19 AM ET

    Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.

  • DUBLIN— Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros, 66 percent higher than the year before. Ryanair unveiled a target for the fiscal year 2016 of between 940 million euros and 970 million euros. Many analysts said they expected Ryanair to beat that forecast, potentially breaching...

  • *Forecasts more modest 10 pct rise to March 2016. DUBLIN, May 26- Ryanair's profits surged 66 percent in the year to March as passenger numbers grew almost three times the targeted level on improved service and lower fares, with a more modest 10 percent profit growth forecast for this financial year. Europe's largest airline by passenger numbers said on Tuesday...

  • Chinese city of Guangzhou to launch Uber rival Monday, 25 May 2015 | 11:33 PM ET

    Guangzhou's municipal government is planning to launch its own Uber-like online taxi hire service, only weeks after police closed the Uber office. The Financial Times reports.

  • Australia to open skies to foreign airlines: report Monday, 25 May 2015 | 8:08 PM ET

    The Australian government may allow foreign airlines to operate domestic routes, reports the Wall Street Journal.

  • May 26- Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his underseat entertainment unit. Other security researchers say Roberts- who was quoted by the FBI as saying he once caused "a sideways movement of the plane during a flight"- has helped draw...

  • Air threats lead to four plane searches Monday, 25 May 2015 | 4:15 PM ET
    Passengers make their way in a security checkpoint at the International JFK airport in New York October 11, 2014.

    Authorities say U.S. military jets have escorted an Air France airliner to Kennedy Airport after a threat was made against the flight.

  • Air France flight 22, traveling from Charles de Gaulle Airport, landed safely in New York, officials said. The anonymous threat came in a telephone call to a Maryland State Police barracks on Monday morning, and the caller made a bomb threat involving commercial aviation, Maryland State Police said. The plane was cleared in New York with no incidents or hazards...

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.