- Cathay Pacific Increases Passenger Choice with Additional Flights to North America and Australia[Jul. 31, 2007]
On July 31, Cathay Pacific Airways announced that it is strengthening services on a number of routes, with additional flights to New York, San Francisco, Melbourne, Adelaide and Perth from October or November, and more flights to Vancouver already in operation. The extra flights will provide passengers with more choice and further cement Hong Kong's position as a leading international aviation hub.
- Ryanair Reports Record Profit, Plans Stansted Service Reduction[Aug. 01, 2007]
Surges in passenger traffic and ancillary revenue helped lift Ryanair's first fiscal quarter profit by 20% to a record EUR138.9 million (US$189.7 million) from the EUR115.7 million earned in the three months ended June 30, 2006.
- Boeing Increases Forecast for Aircraft Demand in India[Jul. 31, 2007]
On July 30, Boeing told reporters in New Delhi that it has boosted its forecast for aircraft demand in the fast-growing Indian market, projecting that the country's airlines will order 911 passenger aircraft valued at US$86 billion over the next 20 years.
- Singapore Airlines Worries About Fuel Costs as Profit Falls[Aug. 02, 2007]
Singapore Airlines, the world's biggest airline by market value, said on August 1 that quarterly net profit fell 26 percent in the absence of one-off gains, and that the high price of jet fuel remained its biggest headache.
- Price Fixing Nets BA Record Fine[Aug. 02, 2007]
British Airways revealed the biggest fine in its history on August 1 as it reached settlements with the US and UK authorities for price fixing that could cost it up to 350 million pounds (HK$5.565 billion).
- Vietnam Airlines Starts Hanoi-Busan Service[Aug. 01, 2007]
On August 2, Vietnam Airlines will begin a new service between Hanoi and Busan, its fourth service to South Korea, to meet increasing demand.
- Alitalia Names New Chairman[Aug. 01, 2007]
On August 1, Italy's Alitalia appointed Maurizio Prato as the airline's new chairman with a mandate to find a buyer for the troubled carrier, the Italian news agency ANSA reported.
- First China-made A319 Wing Box Delivered to Airbus[Jul. 24, 2007]
On July 24, the first Airbus A319 wing box made in China was delivered to Airbus by Xi'an Aircraft Company (XAC), a subsidiary of China Aviation Industry Corporation I (AVIC I).
- Singapore Changi Airport's Passenger Volume Up 5.4% in First Half[Jul. 19, 2007]
Singapore's Changi Airport hosted a total of 17.7 million passengers in the first half of 2007, an increase of 5.4 percent over the same period of last year.
- Yangtze River Express Eyes International Cargo Routes[Jul. 31, 2007]
Yangtze River Express Airlines is to start the country's first Sino-European cargo airline in August, in a move to explore the overseas freight market and secure a financial turnaround.