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


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.


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


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.


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.


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.


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.


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.


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.