Airlines
The New York Stock Exchange (NYSE) has released a list of the most active stocks as of the current market update, with Citigroup Inc. (C) and Bank of America Corporation (BAC) falling, while Advanced Micro Devices, Inc. (AMD) and Petrobras - Petroleo Brasileiro S.A. (PBR) are on the rise.
Airlines
Asian stocks gained and European markets are firmer, with Nikkei up 1.4% and the Hang Seng up 1%. The FTSE-100 is the only major index down, slipping 0.2%. U.S. futures are also pointing to a positive start, with the Dow Industrial futures up 17 points, S&
Airlines
Passengers on a Qantas plane that nosedived twice on a flight from Singapore to Perth have filed a lawsuit in the US, seeking tens of millions of dollars in compensation for physical and mental injuries. The lawsuit names aircraft maker Airbus and flight-computer companies as defendants, alleging a design defect
Airlines
Researchers at Cranfield University, backed by British Airways and Airbus, are working to harness algae for commercial production of jet fuel. The Sustainable Use of Renewable Fuels consortium, which includes Rolls-Royce, Finnair, and IATA, aims to support the university's 'Sea Green' project, an ocean-based facility for
Airlines
In a major development in the world's deadliest airline bombing case, Inderjit Singh Reyat has been found guilty of perjury during the trial of Ripudaman Singh Malik and Ajaib Singh Bagri. The verdict was delivered in a Vancouver courtroom, with Reyat, 58, being ordered into custody immediately. This
Airlines
Airlines in India, including Jet Airways (India) Ltd. and Kingfisher Airlines Ltd, are gradually shifting back to full-service operations from low-cost services as the economy recovers and companies ease travel restrictions for corporate executives. This move is aimed at increasing profitability as revenue from business and first-class fares is higher
Airlines
Delta Air Lines, a leading US-based airline, has filed applications with the European Commission and the US Department of Transportation to operate new routes between London's Heathrow Airport and Boston and Miami. The proposed service would provide consumers with increased competition among airlines and airline alliances, benefiting both
Airlines
The UK government's failure to address complex and costly visa rules is causing significant disruptions to trade, particularly from India, one of the most affected countries. Willie Walsh, the head of British Airways, has gone public with his criticisms of the UK's transit visa requirement, which
Airlines
In aid of the charity CLIC Sargent, a leading charity for children and young people with cancer, Ultratravel hosted a silent auction of luxury holidays. The auction, which took place in May, featured 13 lots donated by esteemed travel companies, including British Airways and Mandarin Oriental Hotel Group. The charity
Airlines
A British Airways cabin crew member has been sentenced to 120 hours of community punishment after using his position to illegally import tobacco into the UK. Christakis Lambrou, a British national, was stopped by UK Border Agency officers at Heathrow Airport in August 2009 while attempting to board a flight
Airlines
A fatal air crash in northeast China's Heilongjiang Province on Tuesday ended a nearly six-year streak of civil air safety in the country. The ERJ-190 jet, manufactured by Embraer, crashed near the runway of Lindu airport, Yichun, Heilongjiang Province, killing 42 people and injuring 54. This incident has
Airlines
Aerogal, Ecuador's leading airline, has signed up with Airbus to become the newest operator of the company's A320 Family aircraft, marking the start of the airline's fleet renewal program. This deal is part of Airbus's growing presence in Asia and South America,
