YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
Travel
Divest flight slots at Reagan National - Southwest, JetBlue to AMR-US Air
Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.
Chinese investors buy New Zealand resort
Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Indigo Partners proceeds with Frontier Airlines acquisition
Indigo Parners LLC said it would go ahead with its plan to acquire Frontier Airlines despite its failure to reach a labor deal with its flight attendants.
Odyssey Marine Exploration Inc rebuts Meson Capital Partners report
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
Latest News
The 25-storey DoubleTree by Hilton opened in China's Anhui province. Today, DoubleTree by Hilton announced that DoubleTree by Hilton Wuhu had been open in Anhui Province, China.
The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
A Reuters report cited two sources who said that hotel operator Hilton Worldwide Inc would be launching its IPO sometime the first week of December.
A recent quarterly report released by Air France-KLM showed that the Franco-Dutch airline had written off the value of its 25% ownership stake in Italian carrier Alitalia.
A billion dollar merger has been settled between US Airways Group and American Airlines In the hopes of winning regulator approval of the USD11 billion merger, US Airways Group and American Airlines considered to give up landing and take-off slots at the Washington Ronald Reagan National Airport.
Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Sources told Bloomberg that the Blue Bird Group had begun to check investor demand for its planned USD 450 million IPO.
Airbnb co-founder and CTO Nate Blecharczyk said the company was not interested in releasing financial information, including its USD200 million investment round held a year ago.
