Transportation

Lufthansa and workers' union settle pay dispute

German trade union Verdi has agreed a pay deal with Lufthansa for 33,000 cabin crew and ground staff across the airline group, it said on Wednesday, averting another round of strikes that the union had threatened.

Italy prosecutors aim to hasten Finmeccanica graft trial: source

Italian prosecutors investigating allegations of corruption by Finmeccanica in the sale of 12 helicopters to India believe their evidence is strong enough to warrant an urgent trial without preliminary proceedings, a legal source with direct knowledge of the situation said.

Italy prosecutors aim to hasten Finmeccanica graft trial: source

Italian prosecutors investigating allegations of corruption by Finmeccanica in the sale of 12 helicopters to India believe their evidence is strong enough to warrant an urgent trial without preliminary proceedings, a legal source with direct knowledge of the situation said.

GM sees new Impala appealing more to buyers than renters

General Motors Co expects the new version of the Chevrolet Impala to lure more retail buyers, allowing the automaker to ditch the large car's image as king of the car rentals, a top company official said on Monday.

Japan's Dreamliner operators estimate grounding costs at $110 million

ANA Holdings and Japan Airlines Co Ltd , which together operate nearly half the world's fleet of Boeing Co Dreamliners, estimate the jet's three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder.

Japan's Dreamliner operators estimate grounding costs at $110 million

ANA Holdings and Japan Airlines Co Ltd , which together operate nearly half the world's fleet of Boeing Co Dreamliners, estimate the jet's three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder.

U.S. sales of trucks, SUVs outpace auto market in April

A stronger U.S. housing market and lower fuel prices boosted sales of full-size pickup trucks and compact sport-utility vehicles in April, helping the U.S. auto market maintain its strong sales pace for a sixth straight month, analysts said.