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Business Transportation


  • LONDON, April 17- Rolls-Royce said it had won a $9.2 billion order to supply engines for 50 A380 aircraft for Dubai's Emirates airline, providing a boost for the British company after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

  • BERLIN, April 16- Airlines are packing ever more seats into economy class to protect profit margins from falling ticket prices, prompting concerns over health and safety from travellers and crew. "If you're a dog, you have very specific rules, but if you're a human being there are no specific rules as to what is humane," Charlie Leocha, the head of consumer group...

  • TORONTO, April 16- Canadian National Railway Co, hit by a recent string of derailments, will spend C $500 million to upgrade its feeder network in Western Canada to improve safety and boost capacity, the railway said on Thursday. The new multiyear program allocates about C $100 million for branch lines in northern Alberta in 2015. CN plans capital spending of C...

  • Korea mourns ferry accident victims one year later Thursday, 16 Apr 2015 | 12:33 AM ET
    People pay a tribute at a group memorial altar for the victims of the sunken South Korean ferry Sewol at a remembrance hall in Ansan on April 16, 2015.

    South Korean parents mourning victims of last year's Sewol ferry disaster cried out their names at the spot where the ship went down.

  • Use airplane Wi-Fi? Why it may not be secure Wednesday, 15 Apr 2015 | 5:01 PM ET
    An employee demonstrates wireless Internet capabilities on a screen in the first-class cabin aboard an American Airlines airliner at Hong Kong International Airport.

    Hackers may be able to access plane controls in some commercial jets, but it may not pose an imminent threat, experts told CNBC.

  • *Intel pushes higher following quarterly report. *Netflix gains after the close. Intel jumped 4.25 percent to $32.83 after the chipmaker said late on Tuesday it expects flat revenue for the entire year despite some weakness in the first quarter.

  • LONDON, April 15- At least five merchant vessels carrying food are stuck off Yemen, shipping data showed on Wednesday, as warships from a Saudi-led coalition search them for weapons bound for Iran- allied Houthi rebel forces, with delays adding to a humanitarian crisis. Yemen imports more than 90 percent of its food, including most of its wheat and all its rice, to...

  • Open Skies pacts with Qatar and the United Arab Emirates could involve new rules on price-lowering and capacity-dumping, Delta Air Lines Inc Chief Executive Officer Richard Anderson said on Wednesday. Emirates, Etihad Airways and Qatar Airways have denied the allegations, saying U.S. carriers have lost market share because of inferior service.

  • LONDON, April 15- At least five merchant vessels carrying food are stuck off Yemen as warships from a Saudi-led coalition search them for weapons bound for Iran- allied Houthi rebel forces, with delays adding to a humanitarian crisis. Yemen imports more than 90 percent of its food, including most of its wheat and all its rice, to feed a population of 25 million.

  • April 15- Delta Air Lines Inc on Wednesday reported first-quarter profit that topped analysts' expectations and said it would reduce international capacity in the fourth quarter where a strong U.S. dollar has weakened demand. While a strong U.S. dollar has dented demand abroad and concerned investors, Delta's unit revenue and capacity guidance painted a...

  • Toyota to set up shop in yet another country Wednesday, 15 Apr 2015 | 9:00 AM ET
    A Toyota Corolla LE is displayed during the LA Auto Show in Los Angeles, November 2013.

    Toyota is joining other major automakers and turning to this Latin country to build and export vehicles.

  • ABU DHABI, April 15- The boss of Abu Dhabi's Etihad Airways has warned Europe that it will suffer if it restricts the access of foreign carriers to its market, in a fresh effort by fast-growing Gulf airlines to head off what they see as Western protectionism. "Etihad Airways is committed to Europe. State-owned Etihad is making increasing inroads into Europe, partly...

  • When oil goes up, Hawaiian Airlines will benefit: CEO Wednesday, 15 Apr 2015 | 5:10 AM ET
    When oil goes up, Hawaiian Airlines will benefit: CEO

    Mark Dunkerley, CEO of Hawaiian Airlines, discusses how the oil price and the strong U.S. dollar are affecting his business.

  • Government Accountability Office identified the danger as one of several emerging cybersecurity weaknesses that the Federal Aviation Administration must address as the air traffic control systems move toward next generation technology. FAA Administrator Michael Huerta concurred with the GAO's findings and said the aviation regulator has begun...

  • April 14- Magellan Midstream Partners LP and TransCanada Corp, Canada's second-largest pipeline company, said on Tuesday they will develop a pipeline to connect TransCanada's Houston tank terminal to Magellan's East Houston terminal. The project will give shippers on TransCanada's Keystone and MarketLink lines access to Magellan's Houston and Texas...

  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit, as a growing economy lifted freight volumes and allowed it to charge higher rates to customers. The Jacksonville, Florida- based company reported first-quarter net income of $442 million or 45 cents per share, an 11 percent increase over the $398 million, or 40 cents a share,...

  • April 14- The stronger U.S. dollar has offset "quite a lot of the benefit" of lower oil prices for airlines that are not earning much in that currency, International Air Transport Association Director General Tony Tyler told reporters on Tuesday. While Tyler said IATA will update its airline profit forecast in June, the remarks reflect the currency challenges...

  • NEW YORK, April 14- JetBlue Airways Corp, the fifth biggest U.S. airline by passengers carried, consistently cancels flights sooner than rivals when storms pummel the U.S. Early cancellations reduce requests for refunds, JetBlue's Chief Executive Officer Robin Hayes told Reuters. At the same time, the four largest U.S. airlines- American Airlines Group Inc, Delta...

  • What port issues? Ship to Florida, says Gov. Scott Monday, 13 Apr 2015 | 4:30 PM ET
    Florida Gov. Rick Scott

    In the wake of a dispute that gridlocked key California ports, Scott was in Los Angeles courting companies hurt by the impasse.

  • Southern drivers spend most on gas: Here's why Monday, 13 Apr 2015 | 1:32 PM ET
    Gas pump gasoline prices

    An Energy Department analysis finds that drivers in the South spend more on gasoline than areas of the country with larger mass transit systems.

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