- Northwest posts USD$496mln monthly loss[Mar. 30, 2006]
Bankrupt US-based Northwest Airlines posted a net loss of USD$496 million in February, driven largely by reorganization-related expenses, according to a regulatory filing on Wednesday.
- Qantas likely to buy more Boeing 787s[Mar. 30, 2006]
Qantas Airways is very likely to exercise its option to buy another 50 Boeing 787s on top of an existing order of 65 planes, the company's chief financial officer said on Wednesday.
- SITA Board assigned a new CEO-designate[Mar. 30, 2006]
SITA has disclosed appointment of Francesco Violante as CEO-designate of SITA as part of an overall transformation.
- CITIC Pacific may cut back stakes in HK[Mar. 30, 2006]
Beijing-backed conglomerate CITIC Pacific will reduce its minority stake in Cathay Pacific Airways and Hong Kong Dragon Airlines if a merger between the territory's two main carriers goes ahead.
- Ice. Express is for low-fat alternatives[Mar. 30, 2006]
Low-cost airline Iceland Express has licenced and launched a customised version of the dohop.com flight planner for its website.
- Hooters Air to go to all private charter[Mar. 30, 2006]
Hooters Air, which featured two scantily clad Hooters Girls on every flight, confirmed it is ceasing its public charter flights April 17 and will offer only private charters for large groups such as sports teams, according to the Myrtle Beach, S.C., Sun News. Hooters confirmed the newspaper report but declined to elaborate.
- Venezuela postpones restrictions on U.S.[Mar. 30, 2006]
Venezuelan authorities decided to postpone restrictions on U.S. airline service to the country -- including a ban on all service by Continental and Delta -- but did not get rid of the uncertainty for future travelers.
- Air China gets financing for more aircrafts[Mar. 31, 2006]
HSBC yesterday (29) announced that they have received the sole authorization and will provide the leasing financing with a total amount US$881 million to Air China LTD, which makes it the largest amount of plane financing deal in China's history.
- CARNOC survey on Airport Construction Fee[Mar. 30, 2006]
Between March 17 and March 29 2006, CARNOC surveyed its users on whether they think the so-called Airport Construction Fee (ACF) in China should be abolished or not, each unique IP could only vote once. The survey results indicate that those support such ACF suspension account for 85.99% votes, 9.94% opposed whilst the remaining 4.06% were unsure at the time of voting.
- US airlines jostle for China routes[Mar. 30, 2006]
After a 14-year wait to get into the world's most populous country, American Airlines is understandably eager to start flying from Chicago to Shanghai.