more stories

Pudong center to turn out 20 C919 jumbo jets

Business | Airlines and airports
2009-11-19

COMMERCIAL Aircraft Corp of China yesterday signed a deal with the Pudong New Area government to launch an assembly center for the nation's first home-made jumbo jet there. The facility is expected to achieve...

---

SkyTeam dangles US$1b to lure JAL

Business | Airlines and airports
2009-11-19

DELTA Air Lines and its alliance partners said yesterday they are making a billion dollar offer intended to lure loss-making Japan Airlines from its affiliation with American Airlines. Delta is "by far the strongest...

---

Honeywell eyes boost from jet project

Business | Airlines and airports
2009-11-18

HONEYWELL International Inc said yesterday it had signed a memorandum of understanding with Aviation Industry Corp of China to strengthen cooperation and take part in the bidding for the components for the first China-made...

---

EasyJet remains upbeat

Business | Airlines and airports
2009-11-18

BRITISH low-cost airline easyJet yesterday reported a 64.5 percent fall in full-year profit but said it expected profit to be substantially higher in 2010. The carrier posted an underlying pretax profit of 43.7...

---

Airbus parent reports Q3 loss

Business | Airlines and airports
2009-11-17

EADS, parent company of plane maker Airbus, said yesterday it lost 87 million euros (US$130 million) in the third quarter, due partly to the weak dollar, and warned that troubled aircraft programs could further weigh...

---

Dubai Airshow Success

Business | Airlines and airports
2009-11-17

AIRBUS scored its second aircraft order at the Dubai Airshow when it signed a deal to sell 10 A320 planes to Yemen's national air carrier. Yemenia and Airbus signed a memorandum of understanding for the planes,...

---

Ethiopian orders 12 A350 for US$3b

Business | Airlines and airports
2009-11-16

ETHIOPIAN Airlines confirmed an order yesterday for 12 A350 XWB aircraft from Airbus in the first plane sale from the Dubai Airshow. Airbus valued the deal at US$3 billion at list prices. Buyers typically negotiate...

---

Finnair pilots to strike as labor deal off

Business | Airlines and airports
2009-11-16

SOME 800 Finnair pilots will begin a strike today, grounding all scheduled international and domestic flights of the Finnish national carrier, the airline said. The announcement came after pilots rejected a labor...

---

Air passengers start to pay fuel fees from today

Business | Airlines and airports
2009-11-14

PASSENGERS flying on domestic routes will start to pay fuel surcharges from today as some Chinese airlines begin to impose them after the nation's top planner introduced a mechanism that links the fees to fuel costs....

---

Boeing says first 747-8 emerges from factory

Business | Airlines and airports
2009-11-13

BOEING Co. says the first of the delay-plagued new version of its 747 freighter jet has emerged from the factory to be set up for test flights. The aerospace company based in Chicago said the plane was towed from...

---

More Passengers Fly

Business | Airlines and airports
2009-11-13

DOMESTIC carriers flew 21.71 million passengers in October, rising 18 percent from a year ago, the Civil Aviation Administration of China said yesterday. The growth was 0.7 percentage points faster than that of...

---

Linkage between fuel charges and costs

Business | Airlines and airports
2009-11-13

CHINA'S top economic planning body yesterday introduced a mechanism that links fuel surcharges on domestic air routes to fuel costs to better reflect price movements. Domestic carriers can impose the fuel surcharges...

---

BA and Iberia talk merger

Business | Airlines and airports
2009-11-13

BRITISH Airways Plc and Spanish airline Iberia SA confirmed they held separate board meetings yesterday about a long-awaited merger, responding to feverish speculation that has sent their shares soaring. BA, the...

---

TPG rises as possible investor in JAL

Business | Airlines and airports
2009-11-12

PRIVATE equity firm TPG could partner with American Airlines on a minority investment in Japan Airlines to prevent its defection to a rival airline group, the chief financial officer of American parent, AMR Corp, said. ...

---

Jet fuel surcharges to return

Business | Airlines and airports
2009-11-11

CHINA will resume fuel surcharges on domestic air routes to offset climbing costs after the nation's top planning body raised jet fuel price by 6.6 percent. The National Development and Reform Commission, which...