Insight: All at sea: Australia's search for MH370 under scrutiny

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SYDNEY - Nearly a year after embarking on a multi-million dollar quest to solve one of aviation's greatest unsolved mysteries, authorities and search teams are being criticised over their approach to finding Flight MH370 in the remote southern Indian Ocean. | Video

Insight - All at sea: Australia's search for MH370 under scrutiny

SYDNEY - Nearly a year after embarking on a multi-million dollar quest to solve one of aviation's greatest unsolved mysteries, authorities and search teams are being criticised over their approach to finding Flight MH370 in the remote southern Indian Ocean. | Video

2:34pm IST

Abu Dhabi's Etihad Airways reports 52 pct jump in annual profit

DUBAI, May 28 - Abu Dhabi's Etihad Airways, one of three Gulf airlines that U.S. rivals say benefit from state subsidies, reported a 52 percent rise in annual profit on higher passenger numbers and increased revenue from cargo and partner airlines.

Regulatory News, 1:06pm IST

Insight - All at sea: Australia's search for MH370 under scrutiny

SYDNEY - Nearly a year after embarking on a multi-million dollar quest to solve one of aviation's greatest unsolved mysteries, authorities and search teams are being criticised over their approach to finding Flight MH370 in the remote southern Indian Ocean.

5:07am IST

Insight - All at sea: Australia's search for MH370 under scrutiny

SYDNEY - Nearly a year after embarking on a multi-million dollar quest to solve one of aviation's greatest unsolved mysteries, authorities and search teams are being criticised over their approach to finding Flight MH370 in the remote southern Indian Ocean.

World, 2:57am IST

U.S. to review pilot mental health after Germanwings crash

NEW YORK/WASHINGTON - A panel of experts from government and industry will review how the U.S. Federal Aviation Administration monitors the mental health of commercial pilots and will make recommendations within six months, the agency said Wednesday.

World, 1:45am IST

Irish government backs sale of Aer Lingus to IAG

DUBLIN - The Irish government agreed to sell its 25 percent stake in Aer Lingus to IAG , paving the way for the owner of British Airways and Iberia to formally launch its 1.36 billion euro ($1.48 billion) bid for the Irish carrier.

27 May 2015

Focus turns to Ryanair as IAG looks to seal Aer Lingus deal

LONDON - After securing approval of the Irish government for its takeover offer for Aer Lingus , British Airways-owner IAG must now seek the backing of the Irish airline's other major shareholder, Ryanair , to seal the deal.

27 May 2015

UPDATE 1-Singapore Airlines investigates rare power-loss in both engines

SINGAPORE, May 27 - Singapore Airlines is investigating how one of its Airbus A330-300s temporarily lost power in both Rolls-Royce engines in mid-flight, the carrier said on Wednesday.

27 May 2015

Skymark creditor Airbus opposes revival bid, threatens ANA stake deal

TOKYO - Airbus Group may block an attempt by Japanese carrier ANA Holdings to become a key shareholder in Skymark Airlines , people familiar with the matter said, becoming the second major creditor in the failed discount airline to threaten ANA's participation in a revival bid.

Japan, 27 May 2015
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Technology replaces schmoozing: the future of private banking

ZURICH - No longer is schmoozing over long lunches and fine wines enough; Swiss private bankers are turning to video games and virtual reality to attract a new generation of sceptical clients and see off digital rivals.