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  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit on Wednesday, helped by increased aircraft deliveries that offset lower demand from the military. The company anticipated 2017 aerospace revenue would increase about 6 percent over last year, and Novakovic "noted sharp...

  • LONDON— United Airlines is reviewing its handling of a giant showcase rabbit that died after being shipped across the Atlantic from Britain on one of its flights, the latest in a growing list of customer complaints. Distraught breeder Annette Edwards told The Associated Press by phone Wednesday that a veterinarian had checked Simon— a 10- month-old, 3-...

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive said on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in Dubai. Malaysia Airlines is emerging from a turnaround after...

  • *Raises 2017 EPS forecast to $11.80- $12.10 from $11.30- $11.60. The U.S. Defense Department expects to spend $391 billion in the coming decades to develop and buy 2,443 of the supersonic warplanes. Northrop also raised its 2017 earnings forecast to $11.80- $12.10 per share from its previous forecast of $11.30- $11.60 due to a lower effective tax rate for the year.

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive said on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in in Dubai. Malaysia Airlines is emerging from a turnaround...

  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit on Wednesday, helped by increased aircraft deliveries. Demand has been soft from General Dynamics' largest defense customer, the U.S. government, "due to the usual start of the year seasonality" Robert Stallard analyst at Vertical...

  • COLUMBUS, Ohio _ M/I Homes Inc. on Wednesday reported first-quarter earnings of $16.9 million. M/I Homes shares have climbed slightly since the beginning of the year. Keywords: M/I Homes, Earnings Report.

  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit, helped by increased aircraft deliveries. General Dynamics said on Wednesday its net income from continuing operations rose 16.7 percent to $763 million, or $2.48 per share, in the first quarter. Revenue marginally fell to $7.44...

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive told Reuters on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew said in an interview in Dubai. Malaysia Airlines is emerging from a...

  • Net income fell to $99 million, or 79 cents per share, in the first quarter ended March 31, from $184 million, or $1.46 per share, a year earlier. Alaska Air in December of last year acquired rival carrier Virgin America Inc in a $2.6 billion deal, making the Seattle- based company the fifth largest U.S. airline by passenger traffic. The first quarter totals reflect...

  • HOUSTON _ Waste Management Inc. on Wednesday reported first-quarter net income of $298 million. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 66 cents per share. Five analysts surveyed by Zacks expected $3.32 billion.

  • SHANGHAI, April 26- China Southern Airlines has signed a deal worth nearly $6 billion to buy 20 aircraft from European planemaker Airbus SE, the Chinese carrier said on Wednesday. China's largest airline by passenger numbers has agreed to buy 20 A350-900 jets, each with a price tag of $298.9 million, it said in a stock exchange filing. China is gearing up for a major...

  • LONDON, April 26- A 3- foot giant rabbit has died on a United Airlines flight from London, prompting a review at the Chicago- based airline which faced a global backlash this month over its treatment of a passenger who was dragged from his seat. The 10- month old rabbit named Simon, who was tipped to become one of the world's largest rabbits, was travelling to O'Hare in...

  • HONG KONG, April 26- The housing authority of China's Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country's second-biggest homebuilder by sales, citing property transactions that it suspects are "against regulation." The Xian House Management Bureau, in the statement on its website dated April 24, said it suspects...

  • CAMBRIDGE, Mass.— Officials in Cambridge are trying to ban employees of the Massachusetts city from using public funds to fly on United Airlines after a passenger was dragged off a flight in Chicago. The Boston Globe reports the Cambridge City Council passed a proposal on Monday asking the city manager to ban official city travel on the airline, so long as there...

  • HOUSTON— United Airlines says a flight from Costa Rica to Houston was cut short by an engine-overheating warning. Airline spokeswoman Erin Benson says the two-engine Boeing 737 circled to burn fuel, then returned Monday to the airport in Liberia, Costa Rica. He says it sounds like the United crew did everything right, including throttling back and returning to...

  • DUBAI, April 25- Emirates signaled on Tuesday that its U.S. expansion plans were on hold until demand recovers from a slowdown that the airline has blamed on President Donald Trump's travel restrictions. The Dubai- based carrier announced last week it would reduce flights to five U.S. cities from May following a "significant deterioration" in demand.

  • CHICAGO, April 25- One of the police officers who forcibly removed a passenger from a United Airlines flight said "minimal but necessary force" was used in the incident that became a public relations disaster for the carrier, according to a report released by the city. Video recorded by other passengers showed David Dao, a 69- year-old doctor, being dragged down the...

  • NEW YORK, April 25- U.S. budget carrier JetBlue Airways Corp reported better-than-expected first-quarter net profit on Tuesday, sending shares up in midday trading. The airline said first-quarter net income was $85 million, or 25 cents per diluted share, down from $207 million, or 61 cents a share, in the first quarter of 2016, as fuel costs and other expenses...