Business in Brief
GTECH now known
Having wrapped up the acquisition of International Game Technology in the United States and merged with subsidiary International Game Technology PLC in the United Kingdom, gaming technology company GTECH SPA has adopted a new name and headquarters.
The company is now known as International Game Technology Plc (IGT Plc),
Its corporate base is in London, while its operational headquarters are Rome, Italy; and in the US at Providence, Rhode Island; and Las Vegas, Nevada. The name change took effect on April 7.
IGT has a presence in more than 100 countries, generating some US$6 billion of revenues and employing a workforce of 13,000.
The company is technology partner with Supreme Ventures Limited (SVL). At last disclosure, IGT's current contract with SVL extends to year 2026.
Virgin America on top
Virgin America performed best overall among United States airlines in 2014, according to researchers who analysed government data on on-time arrivals, mishandled bags, bumping passengers, and consumer complaints.
The annual report was released on Monday by researchers at Embry-Riddle Aeronautical University and Wichita State University. They used information that the airlines report to the US Department of Transportation.
Here are the rankings, with 2013 rank in parentheses:
1. Virgin America (1)
2. Hawaiian Airlines (3)
3. Delta Air Lines (4)
4. JetBlue Airways (2)
5. Alaska Airlines (5)
6. Southwest Airlines (8)
7. American Airlines (9)
8. Frontier Airlines (11)
9. United Airlines (12)
10. SkyWest (14)
11. ExpressJet (13)
12. Envoy Air (15)
Figures for Southwest include AirTran Airways, which stopped flying as a separate airline in December 2014. Figures for American include its US Airways subsidiary.
BMW has best March sales ever
German automaker BMW says it had its best March sales ever.
The Munich-based maker of the 3-Series sedan and X5 sport-utility said Tuesday it sold 195,593 vehicles worldwide under the BMW brand. That was an increase of 5.1 percent over the same month a year ago.
The company said sales rose for its X-family of SUVs and SUV-like crossovers. The X5, made at the company's manufacturing facility in Spartanburg, South Carolina, saw sales numbers rise 12 per cent. The company also saw strong demand for its 2-Series family van.
After the March figures, BMW AG held its sales lead during the first quarter over its rival German luxury carmakers, Volkswagen AG's Audi brand and Mercedes-Benz from Daimler AG. BMW sold 451,576 vehicles to 438,250 for Audi and 429,602 for Mercedes-Benz.