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  • KUALA LUMPUR, July 27- Malaysia Airlines said on Wednesday it had ordered 50 Boeing 737 MAX jets, with firm orders for 25 and rights to purchase 25 more. Malaysia Airlines has been struggling since the disappearance of flight MH370 and shooting down of flight MH17 over eastern Ukraine, both in 2014.. Since then, the airline has cancelled all non-stop flights to...

  • Customers purchase at an Apple store in Beijing, China.

    Apple CEO Tim Cook just hinted at the company's plans with chips, acquisitions, cars and China all in one comment.

  • WASHINGTON, July 26- A driver killed in the May 7 crash of a Tesla Motors Inc car while using Autopilot driving-assist software was exceeding the speed limit, U.S. highway safety investigators said on Tuesday in a preliminary report that did not state a probable cause. The U.S. National Transportation Safety Board said its preliminary findings showed the Model S...

  • Mobileye founders ring the bell at the NYSE

    Shares of Mobileye fell more than 10 percent Tuesday after the software company announced it would not renew a contract with Tesla when it expires.

  • WASHINGTON, July 26- A driver killed in the May 7 crash of a Tesla Motors Inc car while using Autopilot driving-assist software was speeding, U.S. highway safety investigators said on Tuesday in a preliminary report that did not state a probable cause. The U.S. National Transportation Safety Board said its preliminary findings showed the Model S was traveling at...

  • BRUSSELS, July 26- The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier's wish to fly to the United States from Ireland, two sources said. Norwegian's Irish subsidiary, Norwegian Air International, applied for permission to operate flights to the United...

  • A visitor looks at a PurePower PW1500 aircraft engine manufactured by Pratt & Whitney, a unit of United Technologies Corp., at the Paris Air Show.

    Shares of United Technologies rose more than 2 percent after it reported quarterly earnings that beat analysts' estimates.

  • Data downloaded from the Tesla Model S shows the vehicle was traveling at 74 mph in a 65- mph zone on a divided highway in Williston, Florida, near Gainesville, the National Transportation Safety Board said in a preliminary report. The driver, Joshua Brown, 40, a tech company owner from Canton, Ohio, was using the sedan's cruise control and lane-keeping features at...

  • July 26- WestJet Airlines Ltd's quarterly profit slumped 40.5 percent and the carrier said Tuesday that costs would rise this year due to the timing of maintenance expenses on its widebody aircraft and extra charges incurred on a new London route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "...

  • BRUSSELS, July 26- The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier's wish to fly to the United States from Ireland, two sources said. Norwegian's Irish subsidiary applied for permission to operate flights to the United States more than two years ago, but...

  • Shoppers browse produce at the Whole Foods Market

    Shares of Whole Foods fell Tuesday after analysts at Goldman Sachs downgraded the stock from neutral to sell.

  • LONDON— Two Canadian airline pilots charged with being drunk as they prepared to fly a passenger jet on a trans-Atlantic route have been bailed on condition they surrender their passports. Jean-Francois Perreault, who is 39, and 37- year-old Imran Zafar Syed were arrested at Glasgow Airport on July 18, shortly before they were due to fly an Air Transat jet to...

  • However, the airline warned of a rise in costs this year due to "irregular operations" on the London route and the timing of maintenance expenses for aircraft on the route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "teething issues" on WestJet's new London flights. Firming demand and revenue...

  • July 26- JetBlue Airways Corp's quarterly profit beat Wall Street estimates as the U.S. budget airline continued to benefit from lower fuel costs, and the company said it expects capacity to increase in the current quarter. "provides ability to start flights to Europe from other East Coast- focus cities, should we choose to do so," Chief Executive Robin Hayes said on...

  • NEW YORK— Shares of JetBlue Airways Corp. rose Tuesday after the airline reported second-quarter earnings above Wall Street expectations. JetBlue also said it was ordering more planes to expand its Mint premium service and could add flights to Europe by the end of the decade. If JetBlue goes ahead with flights to Europe, it would compete against major U.S. and...

  • RIO DE JANEIRO, July 26- Brazilian interim President Michel Temer vetoed a provision of a bill allowing foreign investors to own up to 100 percent of Brazilian-flag airlines, according to a note published in Brazil's official government newspaper on Tuesday. The veto only affects one part of a package of aviation industry regulations aimed at boosting the...

  • July 26- JetBlue Airways Corp reported an 18.4 percent rise in quarterly profit as the U.S. budget airline continued to benefit from lower fuel costs. The New York- based carrier's net income rose to $180 million, or 53 cents per share, in the second quarter ended June 30, from $152 million, or 44 cents per share, a year earlier. However, unit revenue, a closely watched...

  • July 26- Canada's WestJet Airlines Ltd reported higher-than-expected quarterly revenue and profit as its passenger traffic rose and fuel costs fell. The Calgary- based carrier has shifted its focus to eastern Canada and suspended nearly a dozen daily flights from Alberta, which has been hit by a slump in oil prices. WestJet's net earnings slumped 40.5 percent...

  • July 26- Canada's WestJet Airlines Ltd reported a 40.5 percent fall in quarterly profit as higher costs squeezed margins. The company's net earnings fell to C $36.7 million, or 30 Canadian cents per share, in the second quarter ended June 30 from C $61.6 million, or 49 Canadian cents per share, a year earlier. The Calgary- based airline's revenue rose to C $949.3...

  • What’s next for Solar Impulse?

    Solar Impulse’s CEO, co-founder & pilot, André Borschberg talks about the future of the solar-powered aircraft and how renewable technology can be used in products worldwide.

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