Monday, June 08, 2009

Chrysler fight goes to U.S. Supreme Court: Journal

Date: Monday, June 8, 2009

Chrysler fight goes to U.S. Supreme Court: Journal

Chrysler's sale is being challenged in an emergency appeal to the U.S.
Supreme Court by a group of Indiana pension funds that argue that the
sale is unconstitutional, The Wall Street Journal reports.

AIRLINES TO LOSE NEARLY $9 BLN IN 2009: IATA

The world's airlines are set to collectively lose $9 billion this year --
nearly double the previous projection -- as worried consumers cut down
on air travel and the economic downturn bites into cargo traffic, an
industry body says.

AIRLINES TO LOSE NEARLY $9 BLN IN 2009: IATA

The world's airlines are set to collectively lose $9 billion this year --
nearly double the previous projection -- as worried consumers cut down
on air travel and the economic downturn bites into cargo traffic, an
industry body says.

CHINA EASTERN, SHANGHAI AIR PLAN MERGER: REPORTS

Shares of China Eastern and Shanghai Airlines are halted, as various
reports say a merger between the two companies is imminent.

OIL FUTURES EDGE LOWER IN VOLATILE TRADING

Crude-oil futures fall below $68 a barrel in Globex electronic trading,
extending losses seen in the previous session as demand for energy remains weak.

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