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Emirates to sign codeshare with New York LCCEmirates, the Dubai-based international carrier, will expand its current partnership with New York-based low-cost carrier (LCC) JetBlue Airways to include bilateral codesharing. JetBlue will place its B6 airline code on all flight More… |
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Richter painting breaks record for living artistA 1968 oil painting by German artist Gerhard Richter sold for some $37 million at Sotheby's contemporary art auction on Tuesday, a new record for a work by a living artist. The sale took in $293,587,000, at the low end of the More… |
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Boeing resumes deliveries of 787 DreamlinersBoeing Company resumed deliveries of its high-tech 787 Dreamliner jet on Tuesday, ending a period of nearly four months in which it was unable to provide new planes to customers because of safety concerns about the battery system. More… |
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Etihad to increase New York flight capacityEtihad Airways, the national airline of the UAE, will bring greater capacity to its daily flights between Abu Dhabi and New York with a Wi-Fi-enabled Boeing 777-300ER aircraft on the route from June 1. The three-class aircraft wil More… |
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Chevron quarterly net income falls 4.5pcLower oil prices bit into Chevron's quarterly profit which fell down 4.5 per cent to $6.2 billion as did refinery downtime and higher operating costs in its home market, but the oil company's shares rose as the earnings topped expectatio More… |
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US sues Armstrong over sponsor moneyThe US government filed court documents laying out its case against cyclist Lance Armstrong, who is accused of defrauding the Postal Service by taking millions of dollars in sponsorship money while flouting professional cycling rules by doping. More… |
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Factory data setback for major economiesMajor economies in North America, Europe and Asia lost some momentum this month, business surveys showed, a development that may see central banks intensify efforts to revive a flagging global recovery. China and Germany, the worl More… |
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Boeing plans to cut jumbo productionBoeing Company said it would cut the production rate for the latest version of the 747 jumbo jet from two aircraft per month to 1.75 aircraft citing lower demand for large passenger and cargo planes. The first delivery of the 747- More… |
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American Airlines says operations normalAmerican Airlines said its operations returned to normal on Wednesday after it canceled nearly 1,000 flights on Tuesday because of a computer outage. The airline also said it halted 81 flights on Wednesday to reposition crews and More… |
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FAA nears decisive step in restoring 787 to flightUS regulators are close to approving a key document that could start the process of returning Boeing Company's grounded 787 Dreamliner to service within weeks, according to several people familiar with the matter. Approval of More… |
