- SWA Exercises 737 Options in Exchange for Delivery Deferment[Jul. 23, 2007]
Recently, Southwest Airlines and Boeing reached an agreement under which the LCC deferred delivery of five 737-700s slated to arrive in 2008-13 and exercised options for 25 additional -700s for delivery in 2013 and 2014.
- Black Box Recovered From Brazil Plane Wreckage[Jul. 21, 2007]
On July 21, Brazil's firemen found the black box containing the pilots' voice recording in the wreckage of the TAM airlines plane that crashed in Sao Paulo earlier, Brazil's Air Force said.
- U.S. Flight with Mechanical Problems Lands Safely[Jul. 23, 2007]
On July 23, a passenger plane with nose gear problems landed safely in the afternoon at the Washington Dulles International Airport, in suburban Northern Virginia, after circling over the airport, CNN reported.
- Norwegian's Second Quarter Profit More Than Doubles[Jul. 23, 2007]
Norwegian is expanding profitably, reporting second-quarter net earnings of NOK44.7 million (US$7.8 million), more than double the NOK18 million earned in the second three months of 2006.
- American Reports Fifth Consecutive Profitable Quarter[Jul. 19, 2007]
Despite weather-related delays and cancellations and higher-than-expected fuel prices, American Airlines parent AMR Corp. posted net income of US$317 million in the second quarter, up 8.9% over a US$291 million profit in the year-ago period and its fifth consecutive quarter in the black following years of steep losses.
- China Aviation Regulator Says Growth Too Fast[Jul. 25, 2007]
China's aviation industry is expanding too quickly, as a fleet that has doubled in a decade causes congestion and threatens safety standards, the country's regulator said.
- USTDA Names Projects for China ACP[Jul. 20, 2007]
The U.S. Trade and Development Agency (USTDA) has identified and secured funding for the four projects that are part of the latest phase of the U.S.-China Aviation Cooperation Program (ACP), an agency official said.
- Airbus Rejects AVIC I's Offer to Buy European Plants[Jul. 25, 2007]
A planned bid by China Aviation Industry Corp I (AVIC I) to purchase Airbus' European plants has been rejected by Airbus, the China Business News reported.
- Air China Soars 17.5% After Eye-popping H1 Forecast[Jul. 25, 2007]
On July 25, Air China leapt as much as 17.5 percent to a record in the morning after it forecast net profit jumped at least 20 times in the first half of 2007 on market growth, appreciation of the yuan that cut fuel costs, and gains from investments.
- Qantas to Offer A New Domestic Experience[Jul. 24, 2007]
On July 24, Qantas said it would introduce new, dedicated domestic Business class lounges at its key business airports - Sydney, Melbourne and Brisbane - by mid-2008.