Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance.
Transportation
U.N. aviation agency says in talks to open new Black Sea air route
The UN's aviation agency wants to open a new route for commercial aircraft in international airspace over the Black Sea that will be managed by Ukraine and without "interference" from Russia, the agency's secretary-general said.
Ryanair CEO says state's Aer Lingus concerns are misplaced
Ryanair Chief Executive Michael O'Leary said the concerns of its fellow Aer Lingus shareholder, the Irish government, on the potential sale of the airline to the owner of British Airways are misplaced.
Aviation leaders seek new safety mandate after deadly 2014
Aviation leaders will try to secure a mandate to implement new safety standards when they meet next week after a string of high-profile accidents around the world made 2014 the deadliest year for commercial airlines in almost a decade.
Irish PM wants 'cast iron' guarantees on Aer Lingus sale
The owner of British Airways must provide some sort of "cast iron permanent guarantee" on flights to Ireland if the government is to even consider its bid for Aer Lingus (AERL.I), Prime Minister Enda Kenny said on Sunday.
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The U.S. Air Force said on Wednesday it would use Boeing Co's commercial 747-8 airliner to replace its current fleet of two Air Force One presidential aircraft, one of the most visible symbols of the United States.
Cruise operator Carnival Corp is in talks with state-owned China Merchants Group Ltd (CMG) to develop a new cruise line for the fast-growing China market, the U.S. firm said in a statement on Tuesday.
Germany's defense minister has criticised Airbus (AIR.PA) over new delays in the delivery of A400M military transport planes, saying the company had a serious problem with product quality.
For years he was a lone voice in the aviation industry despite being one of its best-known economists, a Cassandra-like figure whose warnings of a slump in oil prices went unheeded.
U.S. airlines on Thursday forecast enormous fuel savings in 2015 but hinted that ample consumer demand would allow them to avoid fare discounts and pass savings on to shareholders.
United Continental Holdings Inc (UAL.N) said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co (BA.N) for larger 777-300ER jetliners, also made by the Chicago-based planemaker.
The chief executive of controversial online ride-sharing company Uber stuck a newly conciliatory tone on Sunday, promising to create 50,000 new jobs this year across Europe in cities that are willing to reach deals to help his firm operate.
Ride-sharing company Uber has been ordered by South Carolina regulators to cease operations in the state while it remains in the process of seeking permission to legally do business there.
When the Airbus (AIR.PA) A350 jet made its commercial debut with Qatar Airways this week, the event marked a milestone for engine supplier Rolls-Royce (RR.L), but slipping unnoticed under the radar with financing was its arch-rival General Electric (GE.N).
