- First A380 for China Southern Airlines Takes Off for Final Round of Tests[Aug. 17, 2011]
- Transport Firms in for Hard Times in Asia-Pacific[Aug. 16, 2011]
Transportation companies in the Asia-Pacific region may experience unsustainable recovery due to higher fuel prices and growing economic uncertainties of the past two years, rating agency Standard & Poor's said.
- Mexican Airline Aeromexico Sees Record Occupancy Amid Sector Woes[Aug. 15, 2011]
Mexican airline operator Grupo Aeromexico SAB said Monday it registered its highest-ever monthly passenger load factor in July, flying with 86.9% of seats full, as a decrease in competition helped it overcome general weakness in the country's travel segment.
- Airlines Risk Deeper Seat Cuts Amid U.S. Wealth "Destruction"[Aug. 15, 2011]
U.S. airlines may have to cut back on flying as the slowing economy erodes their ability to boost fares while they struggle with higher costs for jet fuel.
- European Airline Buys 4 Bombardier Q400 Planes[Aug. 16, 2011]
An unidentified European airline has signed a firm order to buy four Q400 NextGen turboprop planes made by Bombardier Inc, the Canadian-based plane maker said on Tuesday.
- Cathay Pacific Says July Cargo Traffic Down 11 Percent on Year[Aug. 16, 2011]
Cathay Pacific Airways said on Tuesday that its cargo throughput in July fell 11 percent from the same month a year earlier, the fourth consecutive month of contraction, on continued weak demand in Hong Kong and mainland China.
- Air China Becomes the Global Business Travel Solutions Provider for Siemens[Aug. 16, 2011]
According to an agreement signed by Air China and Siemens on August 16, 2011, Air China becomes the first provider to be considered by Siemens when it comes to global travel solutions. The signing ceremony was attended by Air China Commercial Committee Vice Chairman Shi Zengqi and Siemens World Procurement Vice President Bernd Schulz.
- Chinese Airlines Report 26% Growth to 12.78 Billion Yuan in H1[Aug. 16, 2011]
Global Airlines encountered a loss of US$800 million in the first half of 2011, but Chinese airlines appear to have improved operating profits, posting a 26% year-on-year growth in combined net profit to 12.78 billion yuan, according to an International Air Transport Association (IATA) report.
- AirAsia Philippines Eyes Macau Route[Aug. 16, 2011]
Budget carrier AirAsia Philippines is awaiting regulatory approval to offer flights between the Philippines and Macau, the company said in a statement yesterday.
- New Planes, Job Losses in Major Qantas Restructure[Aug. 16, 2011]
Australian carrier Qantas announced a major restructuring that could see it buy 110 new planes, cut up to 1,000 jobs and launch two Asia-focussed airlines as it bids to stem financial losses.