- Asiana Posts Third Profit Drop in Four Quarters[Oct. 25, 2007]
On Oct. 24, Asiana Airlines, the second-largest South Korean carrier, reported a third profit decline in four quarters as it posted a smaller gain from currency fluctuations.
- British Airways to End Franchise Agreement with GB Airways[Oct. 25, 2007]
British Airways is to end its franchise agreement with GB Airways from March 2008 and intends to start services on some of the routes operated under the franchise.
- Boeing in Front Despite A380[Oct. 27, 2007]
The chief of Boeing's commercial plane unit said overnight that orders might level off in 2008, but the company is hopeful US airlines are ready to start buying new aircraft, keeping it ahead of Airbus.
- Dubai Aerospace Enterprise to Open Pilot Academy[Oct. 24, 2007]
Dubai Aerospace Enterprise is to open a pilot academy in the United Arab Emirates in February and is set to become the first school of its type to deploy the Eclipse 500 very light jet.
- Bombardier Sells 10 Q400s to New European Operator[Oct. 24, 2007]
Bombardier said it received a firm order for 10 Q400s, along with 10 options, from an unidentified European carrier that currently does not operate the aircraft type.
- Aeroflot, Air France-KLM, Korean Air Looking to Buy CSA[Oct. 23, 2007]
Aeroflot, Air France-KLM, Korean Air and several Russian financial investors have been in talks with Czech airline CSA as they are considering bidding for the state-run air carrier in its planned privatisation, a source close to the preparations of the sale told Thomson Financial News.
- Continental Airlines Announces Two Major Supplier Contracts[Oct. 23, 2007]
On Oct. 23, Continental Airlines announced that it has reached new agreements with two of its major suppliers, EDS and GE Aviation, which will deliver significant cost savings and efficiencies to the airline. The new contracts, together with several other smaller initiatives currently being worked on by the company, are expected to reduce costs by approximately US$100 million annually when fully implemented.
- Aeroflot to Open First Training School as Pilot Shortage Threatens Expansion[Oct. 22, 2007]
Aeroflot is to open Russia's first modern commercial pilot training school in 2009, in response to an aircrew shortage crisis that could limit growth in the industry.
- Adelaide Airport MD Becomes New Chairman of Adelaide Convention Tourism Authority[Oct. 17, 2007]
Phil Baker, managing director of Adelaide Airport, is the new chairman of the Adelaide Convention Tourism Authority.
- Boeing Announces New Leaders for Boeing International, Business Development and Strategy[Oct. 16, 2007]
On Oct. 16, Boeing chairman, president and CEO Jim McNerney named Shephard W. Hill president, Boeing International, replacing Laurette Koellner, who is retiring. At the same time, he named Michael J. Cave to replace Hill as senior vice president, Business Development and Strategy at Boeing Corporate Offices. Cave moves from Boeing Commercial Airplanes, where he led Business Strategy and Marketing.