Malaysia Airlines Flight MH17 and airlines halting flights into Tel Aviv are stirring up controversy over who should decide where it's safe to fly.» Read More
US aviation authorities on Wednesday extended a ban on US airlines flying to Israel's Ben Gurion International Airport for another 24 hours.
*Adjusted profit $1.04 a share vs estimate of $1.03. July 23- Delta Air Lines reported a higher-than-expected second-quarter profit as it flew fuller planes and enjoyed higher passenger revenue in the United States, boosting its shares by 3 percent.
*Adjusted profit $1.04 a share vs estimate $1.03. July 23- Delta Air Lines reported a higher second-quarter profit on Wednesday as it flew fuller planes and enjoyed higher passenger revenue in the United States and Europe. Second quarter net income was $801 million, or 94 cents a share, compared with $685 million, or 80 cents a share, a year earlier.
ATLANTA— Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.
Some of the names on the move ahead of the open.
July 23- Delta Air Lines on Wednesday posted a higher quarterly profit as it flew fuller planes and had revenue increases in the United States and Europe. Second quarter net income came to $801 million, or 94 cents a share, compared with $685 million, or 80 cents a share, a year earlier. Revenue rose 9 percent to $10.6 billion.
The FAA barred U.S. flights to Israel for 24 hours after a rocket landed near Ben Gurion airport. Some European carriers canceled flights as well.
TORONTO, July 22- Air Canada has canceled its scheduled flight to Tel Aviv, Israel, scheduled for later on Tuesday, the Canadian flagship carrier said on Tuesday, citing safety concerns.
*American cancels flight from Philadelphia to Tel Aviv. July 22- U.S. air carriers Delta Air Lines, American Airlines Group and United Airlines on Tuesday halted flights to Israel under directions from the U.S. Federal Aviation Administration to ensure passenger safety as turmoil in the region has intensified.
WASHINGTON— Senate Environment and Public Works Committee hearing on the Environmental Protection Agency's proposed carbon pollution standards for power plants. WASHINGTON— Senate Commerce, Science and Transportation subcommittee hearing on legislation focusing on consumer protections and safety for cruise ship passengers.
Some of Tuesday's midday movers:
The flight stoppages came after Hamas, the militant group that dominates in the Gaza Strip, and its allies fired more rockets into Israel, triggering sirens in Tel Aviv. Meanwhile, Casey Norton, a spokesman for American Airlines, said an inbound and outbound flight operated by its US Airways unit between Philadelphia and Tel Aviv were canceled.
July 22- U.S. air carriers Delta Air Lines and US Airways, a unit of American Airlines Group, on Tuesday said they have halted flights to Israel to ensure passenger safety. Esther Castiel, who heads US Airways' operations in Tel Aviv, said the FAA had "issued a request not to travel to Israel.
After days of outrage over the handling of the Flight MH17 crash site in Ukraine, European ministers meet to discuss further sanctions against Russia.
When U.S. and European airlines quickly canceled flights to Israel Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing of a passenger plane over Ukraine.
JERUSALEM— A rocket fired from the Gaza Strip landed near Israel's main airport Tuesday, wounding one Israeli and prompting at least two American airlines to cancel flights to Israel in a reflection of high anxiety over air travel after last week's attack on a Malaysian jet over Ukraine.
Everyone was waiting for a catalyst to end the bull market—the downing of Flight MH17 plane may be it, says hedge-fund manager Todd Schoenberger.
July 21- Delta Air Lines Inc, trying to boost savings on manufacturing of jet fuel, said on Monday it reached a five-year agreement with a Dallas energy company for 65,000 daily barrels of U.S. crude oil to be supplied to its Pennsylvania refinery.
Malaysian Transport Minister Liow Tiong Lai flying to Ukraine to assist in investigation, believes plane had been shot down.