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  • BEIJING, April 28- China Eastern Airlines on Thursday placed an order for 35 wide-body jets from Boeing Co and Airbus Group, as the Shanghai- based carrier continues to build its long-haul fleet amid the country's outbound travel boom. Chinese airlines are adding flights to New York, Paris and Sydney from inland cities, while opening new routes to smaller cities...

  • *Tanker could end up in Latin America- traders. LONDON, April 28- Trading house Trafigura is shipping a rare cargo of gasoline from China to the United States, as the recent weakening of the Asian market after months of stock builds opens up new routes. The tanker Dalmacija is currently sailing across the Pacific Ocean after loading a part cargo at the port of...

  • CHICAGO, April 28- Package delivery company United Parcel Service Inc on Thursday reported a better-than-expected quarterly net profit that rose on the back of higher U.S. ecommerce package volumes and cost cutting, and reiterated its full-year 2016 outlook for earnings per share. The company reiterated its full-year earnings outlook, saying it expected to...

  • KENYA AIRLINE PILOTS ASSOCIATION MEMBERS VOTE TO CONTINUE WITH STRIKE AT KENYA AIRWAYS- OFFICIAL.

  • HOUSTON _ Waste Management Inc. on Thursday reported first-quarter net income of $258 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Five analysts surveyed by Zacks expected $3.08 billion.

  • For the three months ended March 31, Beazer Homes USA Inc. lost $1.2 million, or 4 cents per share. That compares with a loss of $2 million, or 8 cents per share, a year ago. The Atlanta- based homebuilder said Thursday that revenue increased to $385.6 million from $299.4 million.

  • CAPE CANAVERAL, Fla., April 27- The U.S. Air Force on Wednesday awarded billionaire Elon Musk's SpaceX an $83 million contract to launch a GPS satellite, breaking the monopoly that Lockheed Martin Corp and Boeing Co have held on military space launches for more than a decade. The Global Positioning System satellite will be launched in May 2018 from Florida, Air...

  • CHATTANOOGA, Tenn. _ Covenant Transportation Group Inc. on Wednesday reported first-quarter earnings of $3.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Covenant Transportation shares have climbed 31 percent since the beginning of the year.

  • Alitalia, which is controlled by Abu Dhabi carrier Etihad Airways, signed a memorandum of understanding Wednesday with the Maltese government to launch due diligence on a possible deal. Malta tourism minister Edward Zammit Lewis said Air Malta will cease talks with other airlines, and that financial details of a possible deal are still to be determined.

  • LOS ANGELES— Authorities say a Delta Airlines jetliner had a flat tire after landing safely at Los Angeles International Airport following a flight from Atlanta. Airport police officer Rob Pedregon says the pilot of Flight 2355 reported a possible wheel problem before landing around 12:30 a.m. Wednesday. Federal Aviation Administration spokesman Ian...

  • April 27- General Dynamics Corp, which makes Gulfstream jets, tanks and U.S. Navy ships, reported higher-than-expected revenue and net income after a strong first quarter for its marine systems division. Net earnings rose to $717 million, or $2.30 per share, from $716 million, or $2.14 per share, a year earlier. The aerospace division had a 5.7 percent decrease in...

  • DUBAI, United Arab Emirates— Etihad Airways on Wednesday announced profits of $103 million in 2015 off total revenues of $9.02 billion, marking a fifth year in the black on its strategy of partnering with other carriers. "Our profitability clearly demonstrates the success of our business strategy, based on organic growth boosted by our partnerships," James...

  • MONACO _ Scorpio Tankers Inc. on Wednesday reported first-quarter profit of $28 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 18 cents per share. Scorpio Tankers shares have decreased 19 percent since the beginning of the year.

  • DUBAI, April 27- Gulf carrier Qatar Airways said on Wednesday it had some "issues" with the A350 passenger jet and it was putting pressure on planemaker Airbus to resolve the problems. When asked what issues Qatar Airways had with the A350, Al Baker declined to comment, other than to say they related to the supply chain. Qatar Airways is the largest customer of the A350,...

  • BERLIN— Hundreds of flights have been canceled in Germany after government workers started short-term strikes affecting eight cities' airports ahead of a new round of wage negotiations. Nearly 400 flights at Frankfurt airport alone were canceled Wednesday morning after airport firefighters walked off the job. Public-sector workers doing ground...

  • BERLIN/ FRANKFURT, April 27- Airline passengers travelling through Germany are set for a day of disruption after public sector workers at airports started strikes in a bid to push for higher wages. Lufthansa, Germany's largest carrier, said it was cancelling almost 900 flights at airports including Frankfurt and Munich, equivalent to around 60 percent of its...

  • The U.S. budget carrier earned $61.9 million in the first quarter. Excluding special items such as lease termination costs, profit rose by 2 percent to $72.3 million, or $1.01 per share, compared with the average analyst estimate of 96 cents, according to Thomson Reuters I/B/E/S. "The pricing environment remains very competitive, but we aren't just sitting...

  • The U.S. budget airline said net income grew 45.6 percent from a year ago to $199 million, or 59 cents per share. Analysts on average were expecting 53 cents per share, according to Thomson Reuters I/B/E/S. Sterne Agee CRT analyst Adam Hackel said the cost performance exceeded expectations.

  • DUBAI, United Arab Emirates— The chairman and CEO of long-haul airline Emirates says he's not worried about the next U.S. president being more protectionist amid an ongoing row with American carriers. Speaking to journalists Tuesday, Sheikh Ahmed bin Saeed Al Maktoum said "different governments come and go," but it won't have much of an effect.

  • NAIROBI, April 26- The Kenya Airline Pilots Association issued a two day strike notice to Kenya Airways on Tuesday, demanding the immediate resignation of Chief Executive Mbuvi Ngunze and criticising his turnaround strategy. "This will be the first step towards recovery of Kenya Airways," the association said in a statement. Kenya Airways is one of the largest...