- Frontier Airlines Posts Fiscal 1Q Profit[Jul. 31, 2006]
Frontier Airlines posted net income of $4 million for its fiscal first quarter ended June 30, a solid improvement over a net loss of $2.7 million in the year-ago quarter.
- EADS Reports 9 Percent Earnings Decline[Jul. 28, 2006]
Airbus parent EADS yesterday reported a 527 million ($663.9 million) second-quarter net profit, down 9% from 582 million in the year-ago quarter, on revenues of 9.9 billion, a 10% rise over last year.It conceded that "operational issues" leading to A380 delivery delays, the A350 redesign and the resignations of top executives at both EADS and Airbus made the second quarter a difficult one.
- Air India Suspect Gets Limited Standing[Jul. 26, 2006]
A man who was once a prime suspect in the Air India bombing has won the right to limited participation in a public inquiry into the tragedy that killed 331 people in June 1985.
- Jetstar's Overseas Fares the 'Lowest'[Jul. 26, 2006]
Low-cost Qantas offshoot Jetstar International will today launch long-haul overseas fares it believes are up to 30 per cent lower than the cheapest everyday fares available from competitors.
- Republic Airlines to Launch Embraer 175[Jul. 25, 2006]
Republic Airlines reached a purchase agreement for 30 Embraer 175s, expanding its existing service contract with US Airways and making it the US launch customer for the 86-seat jet.The Regional currently operates 28 170s for US Airways. The 175s, which will be delivered in 2007 and 2008, will be operated under a 12-year capacity purchase contract that stipulates US will continue to supply fuel at no cost to its partner. Republic Airlines is a subsidiary of Republic Airways, the US launch customer for the 170 with 106 firm orders and 75 options for 170s/175s.
- Westralia Gets the Conditional Approval[Jul. 25, 2006]
Westralia Airports Corporation has been given conditional approval to press ahead with the development of a regional distribution centre at Perth Airport.
- SIA Purchase Eases Airbus's Woes[Jul. 24, 2006]
Singapore Airlines, one of the world's most influential buyers of new aircraft, late last week gave the first crucial backing to the new family of medium capacity, long-range jets announced last week by Airbus.
- AirAsia Signs up for 40 More A320s[Jul. 20, 2006]
AirAsia will have the lift to match its ambition after signing a contract with Airbus for 40 A320 family aircraft and 30 options, the manufacturer announced yesterday.The deal is worth approximately $2.7 billion, according to press reports. AirAsia Group, comprising the Malaysian mainline, Thai AirAsia and AirAsia Indonesia, is replacing its 737 fleet. It currently operates 21 737-300s and seven A320s, with another 53 already on order. Thai AirAsia has nine dash 300s.
- Sydney Airport Rejigs Debt in Expansion[Jul. 20, 2006]
Sydney Airport Corporation Limited is looking to refinance more than $2 billion worth of debt and raise new facilities to reduce costs and fund airport upgrades.
- British Airways to Tighten Baggage Rules[Jul. 20, 2006]
Paying pound stg. 120 ($295) to take a second suitcase to Australia sounds steep, but you could be better off under British Airways' new strict baggage policy.