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  • Feb 12- Top U.S. officials will travel to Havana on Feb. 16 to sign an aviation pact that restores scheduled airline service between the United States and Cuba for the first time in more than 50 years, the U.S. Transportation Department said on Friday. They will have 15 days starting Tuesday to submit route applications to the U.S. Transportation Department, its...

  • U.S. and Cuba to sign aviation pact on Feb. 16 Friday, 12 Feb 2016 | 4:51 PM ET

    Feb 12- Top U.S. officials will travel to Havana on Feb. 16 to sign an aviation pact that restores scheduled airline service between the United States and Cuba for the first time in more than 50 years, the U.S. Transportation Department said on Friday. U.S. airlines still must apply for permission from U.S. regulators to fly specific routes before they sell tickets to...

  • HAVANA— The United States and Cuba will sign an agreement next week to resume commercial air traffic for the first time in five decades, starting the clock on dozens of new flights operating daily by next fall, U.S. officials said Friday. Barring other major announcements, it would be the most significant development in U.S.- Cuba trade since Presidents Barack...

  • BOSTON— A fuel van has struck a plane at Boston's Logan Airport, damaging the jet but causing no injuries to the passengers. Authorities say the van, which did not have a driver, struck a Tampa, Florida- bound JetBlue plane at a gate at about 6 a.m. Friday. JetBlue says in a statement that the aircraft is being inspected and passengers were placed on other flights to Tampa.

  • The Department of Environmental Conservation sent a letter to New Jersey- based Honeywell International and Saint-Gobain Performance Plastics, part of a Paris- based global conglomerate, demanding that they enter into binding consent orders to finance a state Superfund cleanup launched four weeks ago in Hoosick Falls, a small village on the Vermont border.

  • Brazil police arrest ex-president of construction company Thursday, 11 Feb 2016 | 12:57 PM ET

    SAO PAULO— Brazilian police have arrested the former president of construction giant Andrade Gutierrez for his suspected role in a bribery scandal involving the state-owned company that operates Brazil's two nuclear power plants. He was arrested in June 2015 and released into house arrest on Feb. 5. Prosecutors have said that Andrade Gutierrez and other...

  • NEW YORK— Prosecutors have upgraded charges in a gun trafficking case in which they allege at least two Delta Air Lines employees helped take guns on commercial flights in carry-on luggage from Georgia to New York. Brooklyn District Attorney Kenneth Thompson says five people have been charged. Atlanta- based Delta Air Lines Inc. has said it cooperated with the...

  • Feb 9- The new chief executive officer of Spirit Airlines Inc said on Tuesday he wants to make the U.S. budget carrier more reliable and somewhat slow its growth in flight capacity. Shares shot up as much as 10 percent Tuesday following CEO Bob Fornaro's comments, but are off more than 40 percent in the last 52 weeks. Analysts have speculated that a tie-up with...

  • Spirit beats 4Q profit forecasts Tuesday, 9 Feb 2016 | 6:11 AM ET

    MIRAMAR, Fla.— Shares of Spirit Airlines Inc. rose Tuesday after the discount carrier reported that its fourth-quarter income jumped 33 percent as cheaper fuel offset lower average fares. New CEO Robert Fornaro, who ran AirTran before that airline was bought by Southwest, told analysts on a conference call Tuesday that he sees no need for Spirit to change its...

  • MOSCOW— A top official at Russia's busiest airport says the halt or reduction of flights to Turkey, Ukraine and Egypt over the past three months has cost the country's airports six billion rubles. Denis Nuzhdin, the deputy CEO of Moscow's Domodedovo Airport, was quoted by state news agency Tass as saying Tuesday that about half the loss comes from Russia's...

  • *Saudi labor ministry issues statement on unpaid wages. DUBAI, Feb 9- Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an unusual move this week, the Ministry of Labour issued a public...

  • SPIRIT AIRLINES INC CEO SAYS EXPOSURE TO ZIKA VIRUS IS LIMITED TO 3 PCT TO 4 PCT OF ITS FLIGHT CAPACITY.

  • Baltic index extends decline with another record low Tuesday, 9 Feb 2016 | 9:08 AM ET

    Feb 9- The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its nosedive on Tuesday to touch another record low as slowing activity, especially from China, took its toll. "China's slowdown has had a dramatically negative impact on dry bulk, leading freight rates, asset values and forward expectations to...

  • SPIRIT AIRLINES INC EXPECTS TO FOCUS MORE ON ADDING LEISURE ROUTES TO MIDSIZE AND SMALL MARKETS- CEO.

  • SPIRIT AIRLINES INC EXPECTS FLIGHT CAPACITY WILL RISE 27.5 PERCENT IN FIRST QUARTER OF 2016 COMPARED TO A YEAR AGO- CFO.

  • Analysts have said Fornaro's record of dealmaking could result in a merger of Spirit and Frontier Airlines, which have a common low-cost model and plane types. The company's net income rose to $74.4 million, or $1.04 per share, in the three months ended Dec. 31, from $55.9 million, or 76 cents per share, a year earlier. Analysts on average had expected earnings of 99...

  • The company's net income rose to $74.4 million, or $1.04 per share, in the fourth quarter ended Dec. 31, from $55.9 million, or 76 cents per share, a year earlier. Adjusted net income was $1.02 per diluted share. Revenue rose 9.6 percent to $519.8 million.

  • CAPE CANAVERAL, Fla., Feb 8- Space Exploration Technologies, or SpaceX, will attempt its second launch of the year this month, as it ramps up production of its Falcon 9 rockets to handle more than $8 billion of business for NASA and commercial companies, officials said. But the Hawthorne, California- based company, owned and operated by technology entrepreneur Elon...

  • It will cost an estimated $64 million and take at least four more years for the EPA to finish its work, according to documents released Monday. Montana environmental regulators said in response to Monday's announcement that they want more details on how the EPA will handle future discoveries of asbestos. The EPA has promised to set up steps to deal with such...

  • TUCSON, Ariz.— A commercial flight headed to Los Angeles filled with smoke, turned around and made an emergency landing in Tucson, Arizona, where some passengers had to jump from the airplane to the runway. The United flight operated by SkyWest Airlines took off from the southern Arizona city Sunday morning. The Federal Aviation Administration is investigating...