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AUSTRALIAN flag carrier Qantas swung back into the black with a net profit of A$203 million (S$216.2 million) for the six months ended Dec 31, 2014, versus a loss of AS$235 million, as aggressive...

TURKISH Airlines on Wednesday reported a near-tripling in 2014 net profit, but the company's shares fell as analysts homed in on the impact of a weak euro on the airline's passenger yield...

The world's biggest container line will order new ships for the first time in four years as the industry shakes off its worst crisis in four decades...

HERTZ Global Holdings estimated an additional US$125 million of errors in its ongoing review of financial statements and doubled its cost-saving target to US$200 million. The errors had a cumulative...

General Motors showed gains in quality as its Buick brand passed Toyota and the two automakers tied for the most top ratings in J D Power's latest US vehicle dependability study...

[KUALA LUMPUR] AirAsia on Thursday reported its first net loss in two years, citing higher financing and operating costs and foreign-exchange losses.

NEW DELHI] India will increase investment in its overloaded railway network to 8.5 trillion rupees (US$137 billion) over the next five years, the government said on Thursday, promising to modernise...

[COPENHAGEN] The world's biggest container line will order new ships for the first time in four years as the industry shakes off its worst crisis in four decades...

[ZAGREB] Swiss Space Systems, a commercial space travel and research company, known as S3, wants to build a 60 million-euro (US$68 million) spaceport in Croatia to offer tourists zero-gravity flights...

[SYDNEY] Australian carrier Qantas on Thursday swung back into the black after a major shake-up to stem losses, posting a strong first half net profit helped by lower fuel prices.