- GECAS orders up to 60 737NGs[Mar. 30, 2006]
GE Commercial Aviation Services and Boeing announced an order yesterday for 30 firm and 30 option 737NGs, a deal worth approximately $4 billion at list prices.GECAS will take delivery of the 30 firm aircraft from 2008 through 2010. It has ordered 68 737s in the past two years--the lessor and its customer carriers will take delivery of 30 this year--and has more than 200 NGs out on lease to more than 30 airlines around the world. "It is a very popular aircraft model and we quickly leased all of the planes we ordered last year, so we needed more to satisfy our customers' demand," President and CEO Henry Hubschman said.
- All Nippon Airways shares gain[Mar. 30, 2006]
All Nippon Airways Co. shares advanced as much as 4.1 percent after Japan's second-largest airline raised its annual profit forecast by 35 percent as it attracted more passengers at home and overseas.
- Ryanair flight to Derry lands[Mar. 30, 2006]
The Civil Aviation Authority (CAA) in the UK has launched an investigation into how a Ryanair flight from Liverpool to City of Derry Airport landed at a British army base five miles away, wrties George Jackson.
- China-Japan air capacity grows[Mar. 27, 2006]
As business and tourist travel grows between Japan and China, the largest Chinese airline has launched its 21st service to Japan.
- China Aviation oil shares soar[Mar. 28, 2006]
Shares in revamped China Aviation Oil soared to a high of S$1.85 on Wednesday, more than triple their S$0.515 placement price, as trading resumed after a 16-month suspension from Singapore's stock market.
- Cathay & others lower HK fuel surcharge[Mar. 28, 2006]
Cathay Pacific Airways, Hong Kong's dominant carrier, and other airlines will lower passenger fuel surcharges by up to 3.4 percent with effect from April, the first cut since the costs were imposed last June.
- BAA forecasting slower passenger growth[Mar. 29, 2006]
BAA is predicting annual passenger growth at its seven UK airports of 2% ? in line with expectations but lower than rises of around 4% recorded in previous years.
- BAA eyes China as UK growth slows[Mar. 28, 2006]
Bid target BAA said on Tuesday it was considering investing in airports in China as passenger growth at its UK airports slows this year, but said no more on the takeover proposal from Spain's Grupo Ferrovial.
- Virgin Atlantic woos premium passengers[Mar. 28, 2006]
Virgin Atlantic Airways is investing in premium services for business class passengers to help offset rising fuel costs, the company's chairman, Richard Branson, said on Tuesday.
- Boeing sees first passenger 747-8 order[Mar. 29, 2006]
Boeing expects its first order for the new 747-8 passenger plane shortly, global head of sales for the aircraft maker said on Tuesday.