- WestJet Looks to Fly Higher with Oneworld[Aug. 31, 2006]
WestJet Airlines Ltd. is holding preliminary talks to join Oneworld, a global alliance that would lift the carrier into aviation's major leagues.
- FedEx Gets Permission for More Flights[Aug. 31, 2006]
FedEx Express says that it was granted permission by the U.S. Department of Transportation to start additional weekly flights to China, bringing its total to 30.
- Virgin Blue Partners with Malaysia Airlines[Aug. 29, 2006]
Malaysia Airlines and Virgin Blue today announced a comprehensive interline agreement which will provide travellers with seamless connectivity between 22 Australian cities and centres to Malaysia Airlines' international flights departing and arriving Sydney, Melbourne, and Brisbane in Phase 1, followed by Adelaide and Perth.
- Air New Zealand's Profit Drops 47%[Aug. 28, 2006]
Air New Zealand described its full-year result as "solid" in a "challenging environment," with a net profit decline of 48% to NZ$97 million ($61.7 million) for the year ended June 30 from NZ$180 million in the prior year.Chairman John Palmer said, "We clearly acknowledge this is not the result we would have liked to have achieved at the end of the financial year. But given the extraordinarily challenging business environment the airline is operating in, this is a respectable result."
- Aussie Buys Air Paradise Stake[Aug. 22, 2006]
Bali-based Indonesian airline PT Air Paradise International has sold 49 per cent of its shares to an undisclosed Australian operator, a report said on 22nd August 2006.
- Delta And IBM Sign 7-year Services Deal[Aug. 24, 2006]
Delta Air Lines, its subsidiary Delta Technology and IBM have signed a seven-year IT infrastructure services agreement. (8/24/2006)
- Virgin Blue Keeps Positive About Challenges[Aug. 23, 2006]
Airline Virgin Blue Holdings Ltd says it is better positioned to face challenges ahead, but remains cautious because of the continued rise in fuel prices.
- Sydney Airports Reports Strong Profit[Aug. 23, 2006]
Sydney Airport operator Macquarie Airports (MAp) says it will focus on its existing portfolio, rather than new acquisitions over in the next six months after reporting a strong profit.
- Boeing to Announce New 747-8F Customers[Aug. 22, 2006]
Boeing looks set to announce more customers for its 747-8F as it closes the case for stretching the Intercontinental version.According to US sources, Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, will order up to 12 747-8Fs. The carriers currently operate a combined fleet of 37 747s including 20 Classics. Last week, Atlas President and CEO William Flynn said that airline would announce a freighter order shortly (ATWOnline, Aug. 15). This website also understands that another freight operator is close to an order for both dash 8Fs and 777Fs.
- APAC Releases End of Year Financial Results[Aug. 23, 2006]
Australia Pacific Airports Corporation (APAC), operator of Melbourne and Launceston Airports, today announced a post-tax profit of $87 million, an increase of 10% on the previous year. APAC's earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 7% to $246 million. Overall revenue was up 8% to $348 million.