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  • Lufthansa's Austrian ready to expand services to Iran Thursday, 30 Jul 2015 | 6:48 AM ET

    VIENNA, July 30- Lufthansa unit Austrian Airlines is ready to expand its services to Iran to include flights to Isfahan and Shiraz, as soon as a good opportunity presents itself, the Chief Financial Officer of the Austrian group said on Thursday. Austrian Airlines, Lufthansa's Vienna- based platform into Eastern Europe, already offers daily flights to Iran's...

  • UPDATE 1-Bombardier profit dips, delays new jet Thursday, 30 Jul 2015 | 6:47 AM ET

    July 30- Canadian plane and train maker Bombardier Inc posted a 19.4 percent drop in quarterly profit, hurt by weaker sales at its transportation and commercial aircraft unit. The company's net income fell to $125 million, or 6 cents per share, in the quarter ended June 30, from $155 million, or 8 cents per share, a year earlier. Bombardier's shares closed at C $1.95 on...

  • Lufthansa sees Q2 profit soar, helped by cheaper fuel Thursday, 30 Jul 2015 | 2:30 AM ET

    BERLIN— Lufthansa says its earnings trebled in the second quarter compared with a year earlier, helped by falling fuel costs. Deutsche Lufthansa AG, which includes airlines such as Swiss, Austrian Airlines and Germanwings, on Thursday reported net earnings of 529 million euros for the April-June period, up from 173 million euros a year earlier.

  • Malaysian premier: plane debris to be sent to France Thursday, 30 Jul 2015 | 12:32 AM ET

    SAINT-ANDRE, Reunion— A barnacle-encrusted wing part that washed up on a remote Indian Ocean island could help solve one of aviation's greatest mysteries, as investigators work to connect it to the Malaysia Airlines flight that vanished more than a year ago. The surprise discovery of the debris on a rocky beach stirred hopes and emotion among families of the...

  • Debris found on island matches Boeing 777: NBC News Wednesday, 29 Jul 2015 | 10:00 PM ET

    Investigators are studying an airplane fragment discovered Wednesday on an island in the Indian Ocean.

  • What's the agenda at the Senior Business Leaders' Forum Wednesday, 29 Jul 2015 | 8:51 PM ET
    What's the agenda at the Senior Business Leaders' Forum

    Andrew Forrest, chairman of Fortescue Metals, outlines the key discussion topics at the Senior Business Leaders' Forum held in conjunction with the Boao Forum for Asia Conference this week.

  • WASHINGTON, July 29- U.S. lawmakers on Wednesday approved a $12 billion bill to keep road and highway construction limping into the autumn, while giving themselves breathing space to hammer out a more serious solution for America's crumbling infrastructure. The Republican-controlled House of Representatives voted 385-34 on legislation to extend highway...

  • US official: Debris in Indian Ocean belongs to Boeing 777 Wednesday, 29 Jul 2015 | 5:44 PM ET

    WASHINGTON— Air safety investigators have a "high degree of confidence" that aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, a U.S. official said Wednesday. A French official close to an investigation of the debris confirmed Wednesday that French...

  • Scorpio Tankers beats Street 2Q forecasts Wednesday, 29 Jul 2015 | 8:46 AM ET

    MONACO _ Scorpio Tankers Inc. on Wednesday reported second-quarter net income of $57.6 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Scorpio Tankers shares have increased 27 percent since the beginning of the year.

  • Average US vehicle age hits record 11.5 years Wednesday, 29 Jul 2015 | 7:00 AM ET

    DETROIT— In the age of Apple's CarPlay, a lot of cars on the road still have tape decks. The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the increased reliability of today's vehicles and the lingering impact of the sharp drop in new car sales during the recession. Cars and trucks now have the same...

  • July 29- United Continental Holdings Inc has been the target of a data breach linked to a group of China- backed hackers, Bloomberg reported. The company detected an attack into its computer systems in May or early June, Bloomberg reported, citing people familiar with the matter. The China- backed hackers are the ones that were behind other data breaches including...

  • Dubai airport traffic rises 16.7 pct y/y in June Wednesday, 29 Jul 2015 | 4:39 AM ET

    DUBAI, July 29- Dubai International Airport recorded a 16.7 percent year-on-year jump in passenger traffic in June, reflecting runway maintenance during the summer of 2014, the operator of the world's busiest airport by international traffic said on Wednesday. Growth was powered by traditional markets in the Indian subcontinent and Gulf countries, as well...

  • House votes to provide money for highways, transit Wednesday, 29 Jul 2015 | 3:05 AM ET

    In one of their last decisions before adjourning for a month, the House backed a bill that would extend spending authority for transportation programs through Oct. 29, and replenish the federal Highway Trust Fund with $8 billion. The Senate plans to take up the House bill before a midnight Friday deadline, when authority for the Transportation Department to...

  • Private jet upgrade? Some Delta fliers score big Tuesday, 28 Jul 2015 | 5:06 PM ET
    Delta private jet

    Delta Air Lines will soon begin offering a new upgrade option to select fliers that will land them a seat on a private jet.

  • What's in the 6-year Senate transportation bill Tuesday, 28 Jul 2015 | 3:55 PM ET

    WASHINGTON— The Senate is moving toward the likely passage this week of a sweeping, six-year transportation bill, but the House is putting off consideration of the measure until this fall. Industry officials said the $350 billion Senate bill isn't ideal— not as much money as they would like and only three of the six years paid for— but they are desperate for at least...

  • GRAPEVINE, Texas— A man blamed for a security breach at Dallas-Fort Worth International Airport allegedly slipped onto a jet to try to stop his girlfriend from leaving. A DFW airport police report released Tuesday says Damarias Cockerham of Garland faces a criminal trespass charge. Police say Cockerham ran onto American Airlines Flight 1013, boarding for...

  • Calais is a key port for sea and land crossings to Britain. In recent months, thousands of migrants from Eritrea, Sudan and beyond have camped out around the city, and some try to sneak across the English Channel by getting onboard trucks and freight trains. The encampments have soured relations between Britain and France, which blame each other for failing to cope...

  • NEW YORK— Many of the curb cuts designed to help disabled people access Manhattan sidewalks are disintegrating, obstructed or nonexistent, according to a report. "But for the roughly 600,000 New Yorkers who rely on wheelchairs or walkers or have vision impairments, the dilapidated conditions of Manhattan's curb cuts... are a serious concern."

  • DETROIT— The National Wildlife Federation accused the U.S. Transportation Department on Tuesday of not enforcing a federal law that requires pipeline owners and operators to establish safety response plans for worst-case oil spills in lakes, rivers and other waterways. While the pipelines that spurred the group's action are two side-by-side conduits...

  • New York Gov. Cuomo announces new LaGuardia Airport Tuesday, 28 Jul 2015 | 10:29 AM ET

    NEW YORK— A year after comparing New York's LaGuardia Airport to "some Third World Country," Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate. "I wish everything I said that was truthful but...

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