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US airports infrastructure needs $100bn over five years

  Bloomberg US airports estimate they need almost $100 billion for capital projects during the next five years and can only fund about half of that on their own, according to a study by a group representing commercial airport owners. Airports are coping with a number of changes that have stretched existing facilities, including higher passenger and cargo activity, aging ...

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Etihad tells travellers to check with US mission before flying

  DUBAI / Reuters Etihad Airways is advising some passengers to run travel plans by United States diplomatic missions after President Donald Trump signed a revised executive order banning visits by nationals of six Muslim-majority nations. Monday’s order, which takes effect on March 16, keeps a 90-day ban on travel to the United States. by citizens of Iran, Libya, Syria, ...

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Airlines drop as Delta cuts outlook for pricing-power gauge

  Bloomberg Delta Air Lines Inc. cut its forecast for a key revenue figure after fares failed to rebound as quickly as the company had expected. Airline stocks fell. Passenger revenue for each seat flown a mile — a closely watched measure of pricing power — will be flat this quarter, the Atlanta-based carrier said in a presentation. That marked ...

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