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Investors worry about the future of U.S. airlines amid concerns about a weakening economy and rising costs. United Airlines shares drop by about 10% after forecasting lower-than-expected fourth-quarter profit. Delta Air Lines faces challenges in controlling operating costs, with analysts viewing their profit target as aspirational. A decline in ticket prices raises concerns about how airlines will offset rising costs. Rising fuel prices and labor contracts suggest that cost pressures will persist for airlines ....
As the shipyard ferry fiasco in Scotland continues, ministers in Edinburgh have come under fire as new estimates suggest the cost of the dual-fuel pow. ....