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Business 04 Jul 2011 | 12:00 AM

Tiger Airways, Australian agency in crisis talks

SYDNEY: Tiger Airways executives were holding crisis talks with officials from Australia's air safety watchdog on Monday after the regulators grounded all Australian domestic flights of a Tiger subsidiary over safety concerns.

Business 30 Jun 2011 | 12:00 AM

Greece passes steep cuts as riots seize capital

ATHENS, Greece (AP) - Greece fended off a bankruptcy that threatened to roil global financial markets, approving severe spending cuts and tax increases Wednesday in the face of violent protests by Greeks who say they have suffered enough.

Business 22 Jun 2011 | 12:00 AM

Rolls-Royce, Qantas settle over engine explosion

SYDNEY (AP) - Australia's flagship carrier Qantas said Wednesday it has reached a 95 million Australian dollar ($100 million) settlement with engine maker Rolls-Royce over last year's mid-air disintegration of a superjumbo engine, which temporarily forced the grounding of its entire fleet of A380s.

Business 23 Apr 2011 | 12:00 AM

Up Close and personal with Ramanathan Sathiamutty

Rama did all the don'ts on his first job with IBM and yet somehow ended up as the managing director of the company in Malaysia.

Business 30 Mar 2011 | 12:00 AM

Qantas makes cuts to deal with fuel costs, disasters

SYDNEY: Qantas is cutting capacity growth, retiring aircraft early and shedding managers in response to natural disasters in key destinations and rising fuel costs that it says poses its biggest threat since the global financial crisis, Australia's national carrier said Wednesday.

Business 23 Mar 2011 | 12:00 AM

US airlines whipsawed by costly fuel, Japan disaster

DALLAS: Already struggling with high fuel prices, the big U.S. airlines now face a drop in demand for flights to Japan, a lucrative route and gateway for travel to Asia.

Business 25 Jan 2011 | 12:00 AM

US airlines make money again by flying less

DALLAS: After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.

Business 19 Nov 2010 | 12:00 AM

Qantas unable to say when its A380 will return to the skies

SYDNEY: About 40 Rolls-Royce (RR) engines used in the world's fleet of Airbus A380 aircraft may need to be replaced to ensure safety after one such engine partly disintegrated mid-flight this month, Australia's Qantas said.

Business 17 May 2010 | 12:00 AM

Major UK airports reopen; Amsterdam stays shut(update3

LONDON: Britain's two major international airports reopened to some flights on Monday, aviation authorities said, after a no-fly zone was imposed because of a dense cloud of drifting volcanic ash.hr noshade size=-1 width=50%>

Business 20 Apr 2010 | 12:00 AM

Volcano cloud hangs over European economy

GENEVA: Could the volcano hamper Europe's shaky economic recovery?