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  • MONTREAL, March 7- The U.N.' s aviation agency on Monday announced new requirements for the real-time tracking of civilian aircraft in distress, following the disappearance of Malaysia Airlines Flight MH370 two years ago. The flight disappeared on March 8, 2014 shortly after taking off from Kuala Lumpur for Beijing with 239 people aboard.

  • LONDON/ MILAN, March 4- U.S. gas shipping company Excelerate Energy has laid off six staff on its global liquefied natural gas trading desk as part of a reorganisation, a spokeswoman at the company said on Friday. Texas- based Excelerate said the commercial trading and chartering team was being downsized, but the company would continue to be active in those areas.

  • An Airbus A320 aircraft, left, and an Airbus A321, right, stand on the tarmac at Roissy Charles de Gaulle airport in Paris, France.

    An Airbus A320 jet narrowly avoided colliding with a drone while descending for an approach to Paris Charles de Gaulle airport last month, BEA said.

  • San Francisco owes $6.1M for parking ticket mistakes

    The city's Municipal Transportation Agency collected $6.1 million in overpaid and duplicate parking tickets over a 17 year period.

  • Disney expands cruise line

    CNBC's Phil Han reports on why Disney is expanding its cruise line and why the business could have tough competition with some new players.

  • Airbus is seeking airline support for a new 400- seat jetliner provisionally dubbed the A350-8000 as competition escalates with Boeing.

  • *German automaker celebrates centenary on March 7. GENEVA, March 4- After a century building what it calls the "ultimate driving machine", BMW is preparing for a world in which its customers will be mere passengers, and the cars will do the driving themselves. "For me it is a core competence to have the most intelligent car," Klaus Froehlich told Reuters in an interview at...

  • ORLANDO, Fla., March 3- A Florida city is testing whether it can save millions of dollars in road-building and other public transportation expenses by subsidizing the cost of rides with Uber Technologies Inc.. Altamonte Springs, an Orlando suburb, on March 21 will become the nation's first city to pay a portion of the fare for all trips with Uber within its limits,...

  • PHOENIX, March 3- Airbus is seeking airline support for a new 400- seat jetliner provisionally dubbed the A350-8000 as competition escalates with Boeing over the world's largest two-engined jets, airline and aviation industry sources said. "It would have similar capacity and range and substantially lower seat-mile costs," Airbus sales chief John Leahy said...

  • Commuters at NY Penn Station attentively watch the Big Board to see which track their trains will be leaving during the evening rush home.

    Tens of thousands of New Jersey residents who work in NYC would not be able to get to their jobs if NJ Transit workers go on strike later this month.

  • CHICAGO, March 3- A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company...

  • WASHINGTON, March 3- U.S. regulators said on Thursday they are reopening a proposal to boost fuel efficiency of medium and heavy duty trucks through 2027, asking for additional public comments on the planned toughening. The decision by the U.S. National Highway Traffic Safety Administration and Environmental Protection Agency to consider additional...

  • AIRBUS PLANS NEW 400- SEAT JETLINER, PROVISIONALLY DUBBED THE A350-8000; SEEKS AIRLINE SUPPORT- SOURCES.

  • PHOENIX, March 3- Airbus is seeking airline support for a new 400- seat jetliner provisionally dubbed the A350-8000 as competition escalates with Boeing over the world's largest two-engined jets, airline and aviation industry sources said. "It would have similar capacity and range and substantially lower seat-mile costs," Airbus sales chief John Leahy said...

  • WASHINGTON, March 3- New orders for U.S. factory goods increased by the most in seven months in January, in another hopeful sign for the troubled manufacturing sector. The Commerce Department said on Thursday new orders for manufactured goods rebounded 1.6 percent after an unrevised 2.9 percent drop in December. The Commerce Department also said orders for...

  • NJ Transit strike looms to paralyze NYC commute

    New Jersey Transit workers set a strike deadline of March 13, threatening a shut down of a major commuter network.

  • US bans e-cigarettes on all commercial flights

    The US Transportation Department banned the use of electronic cigarettes on all airline flights to eliminate any confusion.

  • CAIRO, March 3- Egypt's civil aviation ministry said on Thursday it had reached an agreement with the central bank over paying foreign airlines who have complained in recent weeks of being unable to repatriate earnings, due to foreign currency restrictions. The airlines affected include British Airways, Air France-KLM and Saudi Arabian Airlines and the...

  • Heathrow slot sells for $75m

    CNBC's Phil Han reports on why one airline just paid a record $75 million for the privilege of taking off and landing at Heathrow airport once a day.

  • An Emirates Airbus A380 jet has completed the longest ever commercial passenger flight by distance.

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