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BOC Aviation Achieves Record Net Profit for The Fifth Consecutive Year

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Boeing Expands GoldCare Service to Include Next-Generation 737

Boeing is expanding its GoldCare service to include the Next-Generation 737 product line. The company is in advanced discussions with multiple customers regarding the tailoring of GoldCare solutions for their 737 fleets. GoldCare is available to 787 Dreamliner operators and ...

Foreign Airlines Mixed in Responses to Japan Disaster

Some airlines are planning to resume flights to and from Narita airport near Tokyo, but others are poised to reduce their services in Japan nearly two weeks after a massive earthquake and tsunami devastated the country's northeast and brought about its worst nuclear crisis. ...

Lufthansa Resuming Flights to Tokyo

Germany's Lufthansa said it was resuming flights to Tokyo on Thursday following disruption caused by the March 11 earthquake and tsunami. Germany's flagship carrier announced the service resumption on its website. The airline previously said it would divert flights away from ...

Star Alliance Researches Standardised Seating

Air China customers are taking part in research on new seat concepts, as part of Star Alliance plans to offer member carriers standardised seat structures. The carrier has selected 200 of its Phoenix Miles members to test three new seat concepts "from various manufacturers" at a ...

Embraer Signs MOU with China's ABC Bank to Support Aircraft Financing

Embraer said it signed an MOU with ABC Financial Leasing Co., a subsidiary of Agricultural Bank of China, covering up to US$1.5 billion in aircraft financing and leasing support for Embraer aircraft sales in China and other markets. "We are proud to sign this memorandum with ABC ...

Qantas Increases Fares to Counter Oil Price Rise

Qantas says it will increase domestic and regional airfares by up to AU$10 a sector to offset the increased cost of fuel. The fare increases will take effect for tickets issued on or after March 31, and price rises of up to 8 percent will also apply to trans-Tasman routes. Qantas ...

BOC Aviation Says 2010 Net Profit Rose 22 Percent to US$168 Million

BOC Aviation, a Singapore-based aircraft leasing firm owned by Bank of China , said on Friday its net profit rose 22 percent to a record high of US$168 million last year, helped by the acquisition of new aircraft and a recovery in the industry. "We were prepared for the upturn of ...

Virgin Blue in A Sea of Red After Perfect Storm of Disasters

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BAA Plans 50 Million Pounds Heathrow Investment to Avoid Snow Chaos

Airports operator BAA has promised a 50 million-pound investment at Heathrow to avoid a repeat of December's snow chaos. It follows a report, commissioned by the company, which accused BAA of a breakdown in communication and lack of "preparedness" for the bad weather. The Winter ...

Controller Fatigue An Ongoing Concern

Federal aviation safety investigators have worried for years that the fatiguing schedules that air-traffic controllers work could undermine safety, an issue that resurfaced dramatically this week when the tower at Washington's Reagan National Airport fell silent in the wee hours. ...

Chinese Airlines Voice Strong Opposition to EU ETS

A group representing China's largest airlines sent a formal notice to the EU expressing strong opposition to non-member-state airlines' inclusion in the EU's Emissions Trading Scheme from 2012. The China Air Transport Assn., representing Air China, China Southern Airlines, China ...

IAG Head Walsh Mulls JAL Investment

Willie Walsh, International Airlines Group's chief executive, says the company would consider investing in Japan Airlines when it returns to the stock market. In an interview with CNN's Richard Quest, Walsh, speaking from Tokyo, said "we might look at some equity participation if ...

COMAC Signs Strategic Agreement with Bombardier

COMAC (the Commercial Aircraft Corporation of China) has signed a long-term strategic cooperation (LSC) framework agreement with Bombardier to cooperate on commercial aircraft development, marketing and support. Signed in Shanghai on March 24, the LSC will see COMAC and ...

KLM Launches New Service to China

KLM Royal Dutch Airlines today launches its new service to the Chinese city of Xiamen, bringing to seven the number of destinations in China it services from Amsterdam Schiphol airport. KLM is the only European airline to fly directly to Xiamen. This is also the case with the ...

China's First Upgraded Homegrown Short Haul Passenger Aircraft Put into Use

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Japan Air Focuses on Tie-Ups as Once-World's No. 1 Exits Court Protection

Japan Airlines Corp., once the world's largest international carrier, is set to emerge from bankruptcy administration this week as a smaller company more reliant on Asian routes and global partners. JAL has scaled back its global network, chopping 49 routes, including Sao Paulo, ...

NYC Needs Runways, But "Ghost Airport" Stays Quiet

Two airports sit less than five miles from each other, their wide-open runways tracing big Xs along the same stretch of Atlantic shoreline. At John F. Kennedy International Airport, air traffic controllers herd a procession of airliners in what has become a chronic choke point in ...

Cathay Pacific New CEO Slosar Faces Japan Quake Fallout, China Challengers

Cathay Pacific Airways Ltd.'s John Slosar will face rising competition in China, higher fuel prices and a slowdown in earthquake-hit Japan when he takes over as chief executive officer this week. Slosar, 54, steps into the top job at Asia's second-largest listed carrier by sales ...

Japan Air Cuts Overseas Flights as Travel Plunges on Quake

Japan Airlines Corp., the nation's flag carrier, slashed China, South Korea and Hawaii flights after an earthquake and nuclear crisis caused a 25 percent drop in its international passenger numbers. Cuts to Tokyo Narita airport operations starting April 6 include halting Hong ...
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IMF chief warns of risks to recovery
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China's farm product pricing plan shifts to market orientation
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finance

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Retailer's Net Profit Falls 3%
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trade

sports

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