- 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.
- MU starts Dhaka-Kunming-Beijing daily flight[Mar. 30, 2006]
China Eastern Airlines (MU) has announced daily flight on Dhaka-Kunming-Beijing route from March 27.
- Business jet buoy Bombardier bottom line[Mar. 30, 2006]
Bombardier Aerospace reported earnings before interest and taxes of $107 million for the fourth fiscal quarter ended Jan. 31, up 25.9% from $85 million in the year-ago quarter.
- Leasing giants call for A350 overhaul[Mar. 30, 2006]
As Boeing trumpets the early success of its Dreamliner program, the pressure on Airbus to counter its rival's offering continues to grow.ILFC Chairman and CEO Steven Udvar-Hazy, whose company ordered 12 A350s in November, surprised an audience at the International Society of Transport Aircraft Trading conference in Orlando yesterday by calling on Airbus to abandon its current A350 design plans, which are based partially on the A330, and build an all-new aircraft with a new fuselage and new wing that can compete with the technologically advanced 787.