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  • Airlines enjoyed a bumper summer with record traffic and Ryanair, Europe's biggest budget carrier, this month raised its full-year profit forecast by an unexpectedly strong 25 percent, sending its shares to an all-time-high. "People don't like going to places that are unsettled," the chief executive of Eastern Europe- focused budget carrier Wizz Air, Jozsef...

  • U.S., CUBA TO HOLD TALKS ON NORMALIZING AIRLINE SERVICE ON SEPT. 28-29 IN HAVANA, U.S.

  • Sept 22- United Airlines Inc plans to become the first carrier in the world to operate flights between the United States and Xian, China, a popular tourist destination close to the famous Terracotta Army site. The U.S. carrier said it would apply to the U.S. Department of Transportation for approval to start seasonal nonstop flights between San Francisco and Xian...

  • LONDON, Sept 22- Container shipping lines are poised to take delivery of a new generation of "megaships" over the next two years, just as the growth of world trade is slowing down, contributing to massive overcapacity in the market. Megaships, which can be up to 400 meters long, seem to be here to stay, not least because so many more are already on order, the product of high...

  • Sept 22- United Airlines Inc said it would apply to the U.S. Department of Transportation for approval to start seasonal nonstop flights between San Francisco and Xian, China. If approved, this would be the first trans-Pacific service to Xian, the company said. Xian is a popular tourist destination as it is close to the famous Terracotta Army.

  • Europe's airlines spruce up their jet fuel hedges Tuesday, 22 Sep 2015 | 2:05 AM ET

    LONDON, Sept 22- European airlines are exploiting a collapse in oil prices by hedging more of their fuel needs further into the future, but those that kept their powder dry before the rout are emerging as clear winners, industry sources say. With fuel accounting for 46 percent of Ryanair's 2014 operating costs, 33 percent of British Airways' and 21.5 percent of...

  • Sept 21- Apple Inc has designated building an electric car as a "committed project" and has set a target shipping date for 2019, the Wall Street Journal reported on Monday. Apple has hired this year Megan McClain, a former Volkswagen AG engineer with expertise in automated driving, and Vinay Palakkode, a graduate researcher at Carnegie Mellon University, a hub of...

  • New iPhone late? Blame the pope Monday, 21 Sep 2015 | 11:24 AM ET

    Papal visits begin this Tuesday, and happen to coincide with the release iPhone 6S and 6S Plus, slated for Friday.

  • The booming business of oil tankers Monday, 21 Sep 2015 | 10:52 AM ET
    Oil tankers are anchored near the Port of Long Beach, California.

    Many energy industry watchers expect the maritime tanker business to take off. Here's why.

  • LONDON, Sept 21- In October last year, bulk carrier CS Caprice was shipping a cargo of barley across the Mediterranean when it answered a call to help about 500 people who were drifting north of Libya without a skipper. "They had no food or water and they had been three days at sea," said the ship's captain, Joshua Bhatt. They were asking,' can you take us to Italy? "

  • Myth or reality? Drivers of red cars pay more Monday, 21 Sep 2015 | 12:01 AM ET
    Red car on road

    Does owning a red car mean you'll pay more for auto insurance? Forty-four percent of Americans think so, but it's not the case.

  • WASHINGTON/ DETROIT, Sept 18- Volkswagen AG faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. "Put simply, these cars contained software that turns off emissions controls when driving normally and turns them...

  • FACTBOX-U.S. rules easing sanctions on Cuba Friday, 18 Sep 2015 | 1:55 PM ET

    Sept 18- The United States is easing restrictions on American companies seeking to do business in Cuba and opening up travel in the latest move to weaken the U.S. trade embargo amid warming relations with the communist-ruled country. Transportation providers no longer need to seek U.S. approval for travel to Cuba on a case-by-case basis. Ships and other vessels...

  • WASHINGTON, Sept 18- Volkswagen AG could face penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. "Put simply, these cars contained software that turns off emissions controls when driving normally and turns them on...

  • Volkswagen accused of cheating on air standards Friday, 18 Sep 2015 | 1:14 PM ET
    Volkswagen accused of cheating on air standards

    The Environmental Protection Agency is accusing Volkswagen of cheating on air standards, reports CNBC's Phil LeBeau.

  • Berlin's Tegel airport: the never ending story? Friday, 18 Sep 2015 | 4:00 AM ET

    BERLIN, Sept 18- It's squat, ungainly and showing its age, but Berlin's Tegel airport is still defying retirement. Its concrete architecture contrasts sharply with the gleaming steel and glass structures favoured by modern hubs in London, Frankfurt and Paris. "The last time I was here was 2002, and nothing much has changed since then," said Simon Wilson, a 55- year old...

  • Sept 17- American Airlines on Thursday said it was working to get customers in the air after technical problems caused it to halt flights to three of its hub airports. Some 525 flights on American Airlines were delayed and five canceled on Thursday, according to flight-tracking website FlightAware.com. In April, American Airlines delayed flights when an iPad...

  • Sept 17- American Airlines Group Inc said on Thursday that it resolved the connectivity issues that had required it to halt its U.S. domestic flights to Dallas, Chicago and Miami. The world's largest airline said the technical issues began at noon ET, leading it to stop the takeoffs of certain American Airlines and American Eagle flights from 12:30 p.m. ET to...

  • American Airlines computer issues resolved Thursday, 17 Sep 2015 | 2:27 PM ET
    File photo: American Airlines passenger planes at Miami International Airport

    American Airlines said its computers were back online after experiencing a widespread outage, according to NBC affiliate WMAQ.

  • AMERICAN AIRLINES GROUND STOP LASTED LESS THAN TWO HOURS- SPOKESMAN.

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