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  • *Could lead to joint venture to restore flights with Russia. CAIRO, Feb 2- An Egyptian airline plans to buy up to 10 Russian-made jets in a deal with Sukhoi Civil Aircraft that could also see the creation of a tour agency to restore flights between the two countries that were suspended after a plane crash last year. An Egyptian source said the deal included the...

  • Tuesday's decision by Judge Richard Posner of the 7th U.S. Circuit Court of Appeals highlights the hurdles that passengers can face in holding carriers liable for travel snags, including when foreign laws or code-sharing arrangements are involved. In the first case, the appeals court said Deutsche Lufthansa AG owed nothing to a California man who arrived in...

  • The Atlanta- based airline does not expect further delays due to the issue, and no flights already in the air were affected, spokesman Michael Thomas said in a statement. The delays prompted concern from travelers on social media, including journalists who were in Iowa to cover the caucuses there ahead of the U.S. presidential election in 2016..

  • DELTA AIR LINES INC DOES NOT EXPECT FURTHER DELAYS DUE TO SOFTWARE OUTAGE- SPOKESMAN.

  • DELTA AIR LINES INC HAD BRIEF SOFTWARE OUTAGE THAT RESULTED IN ABOUT TWO DOZEN SHORT BOARDING DELAYS- SPOKESMAN.

  • Delta Airlines passenger planes at Salt Lake City International Airport in Salt Lake City, Utah.

    Delta Airlines told customers on Twitter it is working on getting its mobile app back online.

  • CHICAGO, Feb 2- Despite signs of slowing growth and increasing pessimism from many in the corporate world about where the U.S. economy is headed, package delivery company UPS should continue to see growth in 2016 thanks to rising e-commerce sales and a continued focus on improving operations, a top executive said on Tuesday. "If you look at most economic forecasts......

  • CHICAGO, Feb 2- United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit on a strong performance during the crucial holiday season and gave a solid 2016 earnings outlook despite warning of uncertain economic conditions. UPS posted fourth-quarter net income of $1.33 billion or $1.48 per share, nearly triple the $453 million...

  • ROME, Feb 2- Italy's Meridiana Fly held talks with the country's development minister on Tuesday about the ailing airline's future, its CEO said after the meeting, but did not comment on speculation Qatar Airways could come to the rescue. I can't say more at this stage, "Meridiana Chief Executive Marco Rigotti said when asked about potential talks with Qatar...

  • Feb 2- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low on Tuesday on worries about vessel oversupply and slowing global demand. Average daily earnings for capesize vessels, which typically transport 150,000- tonne cargoes such as iron ore and coal, increased by $16 to...

  • CHICAGO, Feb 2- United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit on a solid performance during the crucial holiday season, and gave a solid earnings outlook for 2016 despite warning of uncertain economic conditions. The Atlanta- based company was under pressure to deliver in the fourth quarter, after two disappointing...

  • CHICAGO, Feb 2- Package delivery company United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit as the company boosted its margins and performed well during its peak holiday season. The Atlanta- based company posted fourth-quarter net income of $1.33 billion or $1.48 per share, nearly triple the $453 million or 49 cents per...

  • ROME, Feb 2- Top executives of Italy's Meridiana Fly are meeting with the development minister in Rome on Tuesday to discuss the future of the ailing regional airline, amid speculation Qatar Airways could come to the rescue. "Talks are going on with Qatar Airways to let the carrier enter into capital," one source close to the matter said. Qatar Airways declined to...

  • Republican presidential candidate Ted Cruz's victory on Monday in corn-rich Iowa could represent a major blow to the nation's controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. The conservative senator from Texas and outspoken opponent of the Renewable Fuel Standard, or RFS, upset Republican...

  • CHICAGO, Feb 1- Outer Harbor Terminal LLC filed for Chapter 11 bankruptcy protection on Monday, two weeks after terminating its lease held in a joint venture with Ports America. Last month, Ports America, one of the largest marine cargo operators in the country, said it was shifting its business from the Oakland port to other cities along the West Coast, including...

  • SAO PAULO, Feb 1- Brazilian airline Azul SA may sell its mileage program TudoAzul in a private placement due to a challenging market for initial public offerings, according to a Bradesco BBI analyst report citing an interview with Azul's chief financial officer John Rodgerson.

  • BERLIN, Feb 1- Budget airline Ryanair is set to fly more passengers than Lufthansa for the first time this year, heaping pressure on the German carrier to make a success of Eurowings, its latest attempt to crack the low-cost market. The Germanwings experiment didn't work because it wasn't sufficiently low-cost, but Eurowings should have greater labour...

  • SAO PAULO/ BRASILIA, Feb 1- Shares of Brazilian airline Gol soared nearly 40 percent on Monday after a newspaper reported the government is considering the end of limits on foreign ownership of domestic airlines to attract investment to the struggling sector. Last year Congress debated a proposal to lift the foreign ownership limit to 49 percent.

  • BEIJING, Feb 1- China's leading airlines joined forces on Monday to blacklist rowdy passengers who have become an increasing problem as the number of travellers grows. Air China, China Eastern, China Southern, Hainan Airlines and Spring Air said they would share the names of passengers who misbehave and ban them from any of their flights. In July 2015, Chinese...

  • The addition of 12 new passenger destinations from Dubai International lifted traffic through the airport as local carriers Emirates and flydubai expanded. Last year saw regional tensions and conflicts in countries including Yemen, Iraq and Syria, but Dubai Airports Chief Executive Paul Griffiths said in a telephone interview: "We haven't seen any impact...

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