Air France-KLM votes against Alitalia's new business plan: source

ROME - Top shareholder Air France-KLM has voted against Alitalia's revised business plan meant to make the cash-strapped Italian airline more profitable, a source close to the situation said on Wednesday.

Air France-KLM votes against Alitalia's new business plan: source 5:02pm EST

ROME - Top shareholder Air France-KLM has voted against Alitalia's revised business plan meant to make the cash-strapped Italian airline more profitable, a source close to the situation said on Wednesday.

Alitalia extends cap hike deadline to November 27 5:01pm EST

MILAN - Italian airline Alitalia said on Wednesday it had extended a Friday deadline for shareholders to subscribe to a 300 million euro ($402 million) capital increase to November 27, giving top shareholder Air France-KLM more time to sign up.

Alitalia's board approves revised business plan, cap hike delay 3:56pm EST

ROME - The board of Italian airline Alitalia has approved a revised industrial plan, meant to help make the cash-strapped carrier more profitable, Deputy Chairman Salvatore Mancuso said on Wednesday.

Air Berlin seeks ways to get close to 2013 consensus 3:47pm EST

FRANKFURT - Air Berlin , Germany's second biggest airline, said on Wednesday it was looking for additional sources of income in a bid to get close to current market expectations for full-year profit in 2013.

Boeing machinists cast historic vote on labor contract 3:38pm EST

SEATTLE - Boeing Co workers began voting Wednesday on a landmark labor contract, a historic decision that could forever alter the course of Boeing's presence in Washington state.

$100 billion Boeing order bonanza to dominate Dubai show 3:36pm EST

DUBAI/PARIS - Boeing looks set to dominate next week's Dubai Airshow with more than $100 billion of deals as it aims to launch its latest long-haul jet with up to 250 potential orders from as many as five airlines, industry sources said.

NATO backs keeping Patriot missiles in Turkey 1:31pm EST

BRUSSELS/ANKARA - NATO allies backed keeping Patriot missiles in Turkey on Wednesday, agreeing with Ankara that threats from the civil war in Syria remained serious, an alliance official said.

NATO allies back keeping Patriot missiles in Turkey 11:42am EST

BRUSSELS - NATO allies backed keeping Patriot missiles in Turkey on Wednesday, agreeing that threats to the NATO member remained serious, a NATO official said.

European airline Flybe's biggest shareholder bows out 11:35am EST

- Flybe Group Plc said biggest shareholder Rosedale Aviation Holdings has sold its entire 48.1 percent stake in the Europe's largest regional airline to institutional investors.