Airlines

Scottish prosecutor says no reason to doubt Lockerbie bomber's guilt

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LONDON - No evidence has emerged that casts doubt on the conviction of a late Libyan intelligence officer for the Lockerbie airline bombing 26 years ago, says Scotland's top prosecutor.

Air France-KLM deferral of Boeing 777 raises concern 19 Dec 2014

SEATTLE - Boeing Co faced a potentially larger gap in production of its 777 jetliner after Air France-KLM said on Thursday that it plans to defer delivery of 10 Boeing 777s following its third profit warning in six months.

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Cuba's Raul Castro steps out of brother's shadow with U.S. deal, support surges 19 Dec 2014

HAVANA - Stepping out of his legendary brother's shadow, President Raul Castro has scored a diplomatic triumph and a surge in popular support with the deal that ends decades of open hostility with the United States. | Video

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Air France-KLM shares fall sharply after third profit warning 19 Dec 2014

PARIS - Shares in Air France-KLM fell around 8 percent on Friday after the Franco-Dutch airline group issued its third profit warning since July and announced new belt-tightening.

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Hawaiian Air swap takes Airbus A330neo orders over 100 19 Dec 2014

PARIS - Hawaiian Airlines has confirmed an order for six Airbus A330-800neo aircraft worth $1.5 billion (958 million pounds) at list prices, swapping them for a previous A350 order, the planemaker said on Friday.

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Lufthansa rejects pilots' demand for mediation on low-cost plans 19 Dec 2014

DUESSELDORF, Germany - Lufthansa has rejected demands by pilots to discuss via mediation its plans to expand its low-cost operations, the German flagship carrier said on Friday, drawing new battle lines that could herald further costly strikes.

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Aer Lingus rejects takeover approach from British Airways owner 18 Dec 2014

LONDON/DUBLIN - Aer Lingus has rejected a takeover approach from the owner of British Airways , which is keen to gain control of the Irish airline's slots at London's Heathrow Airport.

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Old Mutual and IAG outperform as FTSE jumps nearly two percent 18 Dec 2014

LONDON - The FTSE 100 enjoyed one of its best days so far this year on Thursday, as the U.S. Federal Reserve's pledge for a "patient approach" to any interest rate increase lifted stock markets around the world.

Portugal invokes special measures to break airline strike 18 Dec 2014

LISBON - The Portuguese government moved on Thursday to halt a four-day strike at the TAP national airline planned for the busy Christmas period, invoking special powers that allow dismissal or in some cases criminal charges against strikers.

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SAS to seek more savings in face of cut-price competition 18 Dec 2014

STOCKHOLM - Scandinavian airline SAS launched a new round of savings in the face of fierce competition as it posted a bigger-than-expected adjusted quarterly profit on Thursday on the back of cost cuts.