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Air traffic demand improving, profit far away-IATA
29 Sep 2009 00:13:17 PST
ZURICH, Sept 29 - The sharp drop in air traffic demand continued to ease in August, data from the International Air Transport Association (IATA) showed on Tuesday. But the industry had a long way to...
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ANALYSIS-Japan Airlines survival hinges on pension cuts
06 Nov 2009 00:22:54 PST
* Pension shortfall estimated at $3.6 bln threatens JAL * Tokyo considering law change to cut pension obligations * Creditors, pensioners face lower payouts under bankruptcy TOKYO, Nov 6 - Five years after retiring from...
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air transport
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INTERVIEW-UPDATE 1-Thai Air sees profit in 2010, unsure of 2009
05 Nov 2009 21:05:46 PST
* Expects net profit in 2010 on econ recovery, cost cuts * Falling yields to weigh on H2 2009 despite high season * To raise fuel-hedging contracts to 30-70 of fuel needs BANGKOK, Nov 6...
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INTERVIEW-Thai Airways sees net profit in 2010, unsure of 2009
05 Nov 2009 19:00:23 PST
BANGKOK, Nov 6 - Thai Airways International <THAI.BK> expects to make a net profit in 2010 thanks to economic recovery and restructured management, but fare price cuts mean it is not certain to make a...
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REFILE-UPDATE 1-Korean Air sees recovery, Delta signals improvem
05 Nov 2009 17:41:45 PST
INCHEON, South Korea, Nov 5 - Heads of members of a major airline alliance including Korean Air and Delta Airlines...
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UPDATE 2-Emirates H1 profit jumps 165 pct; still cautious
05 Nov 2009 17:17:45 PST
* Does not expect travel demand to rise for at least 1-2 yrs * Profit at 752 mln dirhams vs 284 mln a year earlier * H1 revs 19.8 bln dirhams, down 13.5 percent from...
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UPDATE 1-Korean Air sees recovery, Delta signals improvement
04 Nov 2009 23:32:20 PST
INCHEON, South Korea, Nov 5 - Heads of members of a major airline alliance including Korean Air and Delta Airlines expressed some optimism about the industry's recovery but noted uncertainties from the H1N1 flu virus...
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China's Juneyao Air plans IPO, raising up to $290 mln
04 Nov 2009 21:43:36 PST
SHANGHAI, Nov 5 - Privately-run Chinese carrier Juneyao Airlines will start preparing for its initial public offering later this year, raising as much as 2 billion yuan ($293 million), a senior executive at its parent...
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Japan Airlines to brief on route, flight changes
04 Nov 2009 21:18:49 PST
TOKYO, Nov 5 - Japan Airlines, which is seeking a state bailout, said it would hold a briefing on changes to its route and flight frequency plans on Thursday at 0700 GMT. JAL said Manabu...
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UPDATE 1-Air New Zealand to replace Boeings with Airbus A320s
03 Nov 2009 01:50:08 PST
* Airbus displaces Boeing single-aisle fleet * IATA still sees $11 bln industry losses WELLINGTON, Nov 3 - Air New Zealand will buy 14 new Airbus planes at a cost of around $1 billion to...
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Italian Domestic News Service
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