Mohshin Aziz, aviation analyst at Maybank Investment Bank, explains why the budget airline actually delivered a solid set of results despite posting a net loss.» Read More
Overall, people spent more than two hours on the average doctor's visit, which means they spent two hours not doing work.
Airbus has filed yet another unusual patent for passenger seating in order to optimize space in transport cabins of planes, buses and trains.
In 23 years selling Volkswagens, Steve Kalafer reckons he has never seen anything as bad as the German automaker's rigging of emissions tests.
Norwegian Air hopes to sell one-way tickets to Europe for $69 as early as 2017 by flying from U.S. airports that have low fees.
The founders of AirAsia are sounding out investors to take the company private in a management-led buyout, people familiar with the matter said.
NEW YORK, Oct 6- Norwegian Air Shuttle ASA hopes to sell one-way tickets to Europe for $69 as early as 2017 by flying from U.S. airports that have low fees, Chief Executive Officer Bjorn Kjos said in an interview Tuesday. Europe's third-largest budget airline is considering flights to Edinburgh and Bergen, Norway from U.S. airports that have little to no...
SAO PAULO, Oct 6- Thousands of cattle owned by beef producer Minerva SA are thought to have died when a boat leaving a port in northern Brazil overturned, the company and Williams Shipping Agents said on Tuesday. Minerva said in a securities filing that a ship transporting its cattle had tipped over after departing from the Vila do Conde port in Barcarena.
Oct 6- General Electric Co said on Tuesday it was inspecting out-of-service versions of the engine component involved in a fire with a British Airways plane last month to further determine the cause of the engine failure. On Sept. 8, a British Airways plane, a Boeing 777, caught fire upon take-off from Las Vegas to London; all 157 passengers and 13 crew members...
Amtrak on Tuesday threatened to suspend some train service unless Congress extends a deadline for adding safety technology.
CNBC's Morgan Brennan reports that Amtrak threatened to suspend some train service unless Congress extends a deadline for adding safety technology
*AirAsia currently valued at nearly $800 mln after slump. SINGAPORE, Oct 6- Founders of Asia's largest budget carrier, AirAsia, are sounding out investors to take the company private in a management-led buyout, after a critical research report knocked its shares to a seven-year low, people familiar with the matter said. Group CEO Fernandes, who has led AirAsia's...
Whether you're taking to the skies for Thanksgiving, Christmas or New Year's, one week is better than any other to purchase your airfares.
SINGAPORE, Oct 6- Founders of Asia's No.1 budget carrier AirAsia Bhd are sounding out investors to take the company private in a management-led buyout, after its shares took a beating this year following a critical research report, people familiar with the matter said. AirAsia boss Tony Fernandes and his long-time business partner Kamarudin Meranun are...
TOKYO, Oct 6- Toyota Motor Corp said it would aim to bring to market cars that can autonomously change lanes, merge with traffic, and overtake other vehicles on highways by around 2020 as it aims to catch up in the nascent field of self-driving cars. Toyota also said it would launch three models in Japan this year equipped with "intelligent transportation system"...
Despite Uber's global challenges which include pending criminal cases, Australia offers a comeback for the ride-sharing app.
The High Court will decide whether Uber's app can be legally classed as a "taximeter", which is permitted in black cabs only, the FT reports.
The derailment follows an Amtrak derailment near Philadelphia in May that left eight people dead.
PRAGUE, Oct 5- Airbus faces a double test of confidence in the A380 superjumbo in the coming months as Singapore Airlines ponders whether to renew its first lease while the planemaker seeks to bolster new sales, a leading industry banker said. Bertrand Grabowski, the board member in charge of aviation at Germany's DVB Bank, told financiers that lease rates for the...
A Florida highway was blocked on Monday after a woman told police she had a premonition that there was a bomb in her car.
Oct 5- General Electric Co said it would sell its fixed-wing corporate aircraft financing business in the Americas to Global Jet Capital, a provider of financing for the private aircraft market.