- Boeing Business Jets Sales Momentum Continues with Seven New Orders[May 21, 2007]
On May 21, Boeing Business Jets announced it has won seven new orders this year, bringing total program sales to 135 jets. The new orders are worth US$478.5 million at list prices.
- Alitalia Narrows First Quarter Loss[May 17, 2007]
Alitalia reported a pre-tax loss of EUR147.5 million (US$199.9 million) in the first quarter, down slightly from a EUR156.6 million deficit in the year-ago period.
- Air Canada Reports C$34 Million Net Loss[May 14, 2007]
Air Canada reported a first-quarter net loss of C$34 million (US$30.7 million), narrowed from a net loss of C$126 million in the year-ago quarter, on a 5.9% increase in revenue to C$2.53 billion.
- US Court Clears Northwest Airlines to Exit Chapter 11[May 20, 2007]
On May 18, Northwest Airlines Corp said it had won court approval for its reorganization plan to allow the carrier to emerge from bankruptcy on May 31.
- UAL Corporation Reduces Domestic Capacity to Optimize Revenue Performance[May 17, 2007]
On May 17, UAL Corporation, the holding company whose primary subsidiary is United Airlines, announced it has reduced 2007 mainline domestic capacity growth by approximately 2.0 percent from previously planned levels. This reduction in domestic capacity enables the company to meet increasing international demand and optimize its revenue performance.
- UAL Corporation's Shareholders Re-elect All Directors at 2007 Annual Meeting[May 10, 2007]
UAL Corporation, the holding company whose primary subsidiary is United Airlines, announced on May 10 that its shareholders re-elected each of United's directors for a one-year term at the Company's 2007 Annual Meeting.
- British Airways Announces New Shorthaul Aircraft Order[May 18, 2007]
British Airways has ordered eight new Airbus A320 Family aircraft for delivery in 2008-2010.
- BA: Strong Full Year Results in Challenging Conditions[May 18, 2007]
Financial Highlights
- Qantas Chairman to Retire From The Board[May 18, 2007]
On May 18, the Chairman of Qantas, Ms Margaret Jackson, said she would retire from the Board of Qantas later this year.
- New Workplace Arrangements for Jetstar Pilot and Engineer Recruits[May 14, 2007]
Jetstar is to offer Australian Workplace Agreements (AWA) for future Pilot and Engineer recruits, helping support the airline's growth initiatives in both Australian and international markets by pursuing a more direct relationship across its workforce.