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MH370 Sea Bed Scans Could End In Days

April 20, 2014

The search for missing Malaysia Airlines flight MH370 entered its 44th day on Sunday as Australian search officials said a crucial series of sonar scans of the Indian Ocean floor could be completed within a week.
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MH370 Sea Bed Scans Could End In Days

Drone Risks Damage In Search For MH370

April 18, 2014

The underwater drone searching the Indian Ocean floor for Malaysia Airlines flight MH370 has dived to its deepest ever level, putting its equipment at unprecedented risk, as hopes dwindled that it might soon turn up some sign of wreckage.
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Drone Risks Damage In Search For MH370

Al Tayyar Travel Group Q1 Profit Rises 28 Pct

April 17, 2014

Saudi Arabia's Al Tayyar Travel Group posted a 28.4 percent rise in first-quarter net profit on Thursday as sales increased and it sold property and equipment.
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Search For MH370 Refocuses On Scans Of Seafloor

April 17, 2014

The Bluefin-21 deep-sea drone completed its first full scan of the Indian Ocean seabed, the team looking for Malaysia Airlines flight MH370 said on Thursday, as the air and surface search became less likely to yield results.
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Search For MH370 Refocuses On Scans Of Seafloor

Rockwell Collins Posts Lower Quarterly Profit

April 17, 2014

Rockwell Collins reported a lower quarterly profit on Thursday as its income tax expense rose.
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Rockwell Collins Posts Lower Quarterly Profit

Sabre IPO Downsized As Shares Priced Below Forecast

April 17, 2014

Travel bookings company Sabre's initial public offering fell short of expectations on Wednesday as its shares were priced below projections, valuing the owner of the Travelocity website at USD$4.14 billion.
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Sabre IPO Downsized As Shares Priced Below Forecast

Etihad Toughens Stance On Alitalia Deal

April 17, 2014

Etihad Airways has toughened its stance on conditions for investing in Alitalia, but talks are continuing, sources said on Thursday.
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Etihad Toughens Stance On Alitalia Deal

Uganda, Tanzania Boost Hotelier TPS' 2013 Profit

April 16, 2014

Kenyan hotelier TPS Eastern Africa has posted a 35 percent jump in pretax profit last year to KES973 million shillings (USD$11.2 million).
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Uganda, Tanzania Boost Hotelier TPS' 2013 Profit

TUI Stake In Hapag-Lloyd To Drop To 13.9 Pct

April 16, 2014

German travel and tourism company TUI's stake in container shipping company Hapag-Lloyd will drop to 13.9 percent following the latter's tie-up with Chilean peer Compania SudAmericana de Vapores.
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TUI Stake In Hapag-Lloyd To Drop To 13.9 Pct

Ocean Floor Search For MH370 Cut Short Again

April 16, 2014

The search for Malaysia Airlines flight MH370 deep in the Indian Ocean was again cut short on Wednesday when technical problems forced an underwater drone to surface without finding anything, officials said.
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Ocean Floor Search For MH370 Cut Short Again

US Airways Investigating Pornographic Tweet

April 16, 2014

US Airways is investigating a pornographic tweet sent on its Twitter account in response to a customer complaint about a flight delay.
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US Airways Investigating Pornographic Tweet

Undersea Drone Hunt For MH370 May Take Two Months

April 15, 2014

An underwater drone sent to search for Malaysia Airlines flight MH370 on the floor of the Indian Ocean could take up to two months to scour a 600 sq km area where the plane is believed to have sunk.
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Undersea Drone Hunt For MH370 May Take Two Months

Lufthansa To Keep Restructuring Going After 2015

April 15, 2014

Lufthansa will continue with measures to cut costs and drive revenue even after its current restructuring, due to run only until 2015, has ended, its outgoing chief executive said.
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Lufthansa To Keep Restructuring Going After 2015

After 50-Year Wait, Sydney To Get Second Airport

April 15, 2014

Australia has approved a AUD$2.5 billion (USD$2.34 billion) project to build a long-awaited second airport for Sydney, likely boosting near-term investment and jobs in a bet that the city's air travel demand will grow enough to justify a surge in terminal capacity.
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After 50-Year Wait, Sydney To Get Second Airport

Singapore Airlines Spreads Wings Into F1

April 15, 2014

Singapore Airlines has been unveiled as the new title sponsor of the city-state's Formula One race in September as the carrier bids to promote its brand to motor racing's global television audience.
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Singapore Airlines Spreads Wings Into F1
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