Transportation News
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British Airways Loss Widens on Crew Strikes, Volcano
British Airways Plc said its first- quarter loss widened after strikes by cabin crew grounded flights and a volcanic ash cloud closed the company’s London Heathrow hub. Ticket prices rose as demand for travel increased.
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Honda Raises Profit Forecast on Global Sales Recovery
Honda Motor Co., Japan’s second- largest automaker, raised its full-year profit forecast as vehicle demand in the U.S. and Asia recovered from a global recession.
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Renault First-Half Profit Beats Estimates on Global Recovery
Renault SA, France’s second-largest carmaker, posted a first-half profit that beat estimates as the global economic recovery boosted demand for autos.
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EADS Raises 2010 Revenue Targets as Airbus Deliveries Begin to Increase
European Aeronautic, Defence & Space Co. raised its target for 2010 revenue as deliveries of passenger jets at its Airbus unit increase.
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