Aerospace and transportation highlights to 15:40 GMT |
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Fri, 02 Mar 2007 16:57
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2007-03-02 15:24:03VW extends CFO Poetsch's contract by 5 yearsWOLFSBURG (AFX) - Volkswagen AG's supervisory board decided to extend chieffinancial officer Hans Dieter Poetsch's contract by five years today, a companyspokeswoman said.2007-03-02 15:20:39EU says 'decisive progress' made with US on 'open skies' air dealBRUSSELS (AFX) - The European Commission said it has made 'decisiveprogress' in talks with the US over transatlantic airline liberalisation.2007-03-02 15:02:46Horizon Lines swings to a profitCHARLOTTE, N.C. (AP) - Horizon Lines Inc., which specializes in containershipping and integrated logistics services, said Friday it swung to a profit inthe fourth quarter, as it raised rates and absorbed costs related to goingpublic.2007-03-02 14:49:04UPS to cancel Airbus freighters orderATLANTA (AP) - UPS Inc., the world's largest shipping carrier, saidFriday it will cancel its order for 10 Airbus A380 freighters, followingdelivery delays. The decision will leave the European aircraft manufacturer withno firm orders for its jumbo freighter.2007-03-02 14:48:22UPS to cancel Airbus orderATLANTA (AP) - UPS Inc., the world's largest shipping carrier, said Fridayit will cancel its order for 10 Airbus A380 freighters, following deliverydelays. The decision will leave the European aircraft manufacturer with no firmorders for its jumbo freighter.2007-03-02 14:41:41UPS confirms A380 order cancellation; not confident Airbus can meet new deadlinePARIS (AFX) - United Parcel Service Inc confirmed it is to cancel its orderfor 10 A380 super-jumbo freighter jets from EADS unit Airbus, explaining that itis 'no longer confident' Airbus can meet a new delivery deadline agreed justlast week.
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Parker Hannifin 2Q profit up 50 percent 