- Indonesia's Lion Air Raises Boeing 737 Orders to 122[Oct. 31, 2007]
Indonesia's first budget carrier Lion Air will increase the purchase of Boeing 737-900 to 122 in a new deal to be signed in December, an executive said on Oct. 31.
- Boeing Reveals US$7 Billion Stock Repurchase Plan[Oct. 30, 2007]
Boeing's board approved a new share repurchase plan under which the company plans to buy back up to US$7 billion worth of its common stock.
- Jet Airways to Double Revenues From Global Operations[Oct. 31, 2007]
After Delhi, Mumbai and Chennai, Jet Airways is all set to connect Bangalore and Hyderabad to destinations in the United States, which will help double revenues to US$1.5 billion from international operations in three years.
- Air Arabia Set for Dubai Fleet Order and Closes on Base Selection[Oct. 30, 2007]
Middle Eastern budget carrier Air Arabia indicates that it will place an order for new aircraft at the Dubai Air Show, and has identified a strong candidate for its first base outside of Sharjah.
- Boeing Delivers 150th Next-Generation 737-800 to Ryanair[Oct. 30, 2007]
Ryanair, Europe's largest low-cost carrier, took delivery on October 26 of its 150th Boeing Next-Generation 737-800.
- Airbus Discusses A380 Order with Air India[Oct. 31, 2007]
On Oct. 30, Airbus CEO Tom Enders and CCO John Leahy told reporters at a press conference in New Delhi that the manufacturer is in talks with Air India regarding a potential A380 order.
- Malaysia Airlines Plans Transformation over Five Years[Oct. 29, 2007]
Malaysia Airlines plans to transform itself into a five-star airline with budget carrier fares, under a five-year business transformation plan to be launched in 2008, a report said on Oct. 29.
- Korean Air Profit Rises on Travel Demand, Strong Won[Oct. 30, 2007]
Korean Air Lines Co., South Korea's largest carrier, said third-quarter profit rose 3.9 percent as economic growth spurred overseas travel and a stronger won helped cut fuel costs.
- Naverus Names Former United Airlines Executive Steve Forte as COO[Oct. 22, 2007]
Naverus announced on Oct. 22 that Captain Steve Forte has been named Chief Operating Officer, effective Nov. 1. At Naverus, Forte will lead the company's growing operations areas and focus on building capacity to satisfy the increasing demand for RNP procedures and related professional services. Forte has over 30 years of experience in the aviation industry, and was most recently Senior Vice President of Flight Operations for United Airlines.
- Alaska Posts US$85.8 Million Third Quarter Profit[Oct. 26, 2007]
Alaska Airlines and Horizon Air Group parent Alaska Air Group reported third-quarter net income of US$85.8 million, reversed from a net loss of US$17.4 million in the year-ago quarter, on a 6.3% rise in revenue to US$995.1 million.