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U.S. Grants Final Approval for Expanded Delta, Air France, Virgin, KLM Joint Venture

WIL BALDWIN November 22, 2019

WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc <DAL>, Air France KLM SA <AFLYY> and Virgin Atlantic. Reuters first…

Alstom to Deliver 19 Electric Regional Trains in Germany

WIL BALDWIN November 14, 2019

Alstom will deliver 19 Coradia Continental electric regional trains to the state of Baden-Württemberg. The contract, signed with DB Regio, is worth approximately €120 million. The trains will be built at Alstom’s site in Salzgitter.…

United CEO Promises To Rebook 737 MAX Passengers

WIL BALDWIN May 22, 2019May 22, 2019

FILE PHOTO: United Airlines Chief Executive Officer Oscar Munoz poses for pictures in his office at the company’s headquarters in Chicago, Illinois, U.S., November 14, 2018.Picture taken November 14, 2018. REUTERS/Tracy Rucinski CHICAGO (Reuters) -…

United Airlines First-Quarter Profit Rises

WIL BALDWIN April 17, 2019April 17, 2019

FILE PHOTO: A United Express Embraer ERJ-175LR airplane is pictured at Vancouver's international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms (Reuters) - United Airlines on Tuesday reported a better-than-expected jump in…

Bombardier Wins Eurotunnel Shuttle Renovation Contract

WIL BALDWIN March 20, 2019March 20, 2019

As part of the 2018-2026 mid-life programme, Eurotunnel signed a contract with Bombardier Transportation to renovate nine “PAX” Shuttles. Composed in total of 254 wagons, each 800-meter long shuttle is made up for passengers’ vehicles…

United Bids for 6 New Slots at Tokyo’s Haneda Airport

WIL BALDWIN February 21, 2019February 21, 2019

CHICAGO (Reuters) - United Continental Holdings is applying for six of 12 new slots open to U.S. carriers at Tokyo's Haneda International Airport in a push to increase daily nonstop flights to the Japanese capital…

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United Airlines Announce Repeat Orders for 737 MAX and 777

WIL BALDWIN January 16, 2019

SEATTLE, WA Jan 16, 2019 – Boeing [NYSE:BA] and United Airlines [NASDAQ:UAL] announced the carrier ordered 24 additional 737 MAX jets and four more 777-300ER (Extended Range) airplanes last year. The $4.5 billion order, according…

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United Airlines Reports Full-Year and Fourth-Quarter 2018 Performance

WIL BALDWIN January 15, 2019

PR Newswire - January 15, 2019 Q4 unit revenue up 5.0% year-over-year; full-year diluted 2018 EPS of $7.70; adjusted diluted EPS of $9.13 CHICAGO, Jan. 15, 2019 /PRNewswire/ -- In a departure from industry trends, United (UAL) announced today that…

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Avianca Brasil Lessor Set to Seize 20% of Airline’s Fleet

WIL BALDWIN January 11, 2019

SAO PAULO, Jan 11 (Reuters) - Lessor Aircastle is set to repossess 10 jets from Avianca Brasil, the country's No. 4 airline, after a bankruptcy hearing on Monday, a source familiar with the matter said,…

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American Airlines Shares Plunge on Weak Outlook

WIL BALDWIN January 10, 2019

(Reuters) - American Airlines Group Inc (AAL.O) shares fell as much as 11 percent on Thursday after the biggest U.S. carrier cut its estimate for a closely watched measure of performance, raising concerns that slowing…