March Global Airline Capacity Exceeds 2008 Levels Reports OAGWednesday, March 10, 2010 @ 9:45AMGlobal airline capacity for March 2010 shows positive growth, when compared to the same month in both 2009 and 2008, reports OAG , the global leader in aviation intelligence, in its monthly report on trends in the supply of airline seats and flights.
Novel Idea for Japan: Airport for Budget TravelWednesday, March 10, 2010 @ 8:11AMIbaraki Airport, which opens Thursday about 85 kilometers, or 52.7 miles north of Tokyo, aims to be a completely new type of Japanese hub.
Flashback - March 11, 1999-2003Wednesday, March 10, 2010 @ 8:09AMWhile economic indicators in the Northern Marianas are on the downside, the half-a-billion-dollar banking industry showed a sign of hope amid a crisis, posting a modest growth of 2.5 percent to $535.97 million in 1998 from year-ago figures.
Air Cargo World Announces 2010 Air Cargo Excellence Survey WinnersWednesday, March 10, 2010 @ 7:00AMAir Cargo World, the global news authority on air logistics and freight transport, has unveiled the findings of its sixth annual Air Cargo Excellence Survey, which measures carriers and airports on specific criteria and ranks them to identify above or below average performance.
Corporate reportWednesday, March 10, 2010 @ 12:24AMBurger King -- Winter storms hurt the Miami-based company's results in January and February. In the U.S. and Canada, Burger King's sales in locations open at least a year fell 8.2 percent over the two-month period. Over 75 percent of Burger King stores are in the Central and Eastern U.S., which were hardest hit by storms. On a worldwide...
Delta seeks other air alliancesWednesday, March 10, 2010 @ 12:04AMDelta Air Lines Inc., still smarting from its failed bid to lure Japan Airlines into a partnership, is talking to other carriers about expanding its global alliances, a senior executive said Tuesday without giving specifics.
J.P. Morgan Notebook: Airlines Share Plans For Capacity, Alliances, Revenue GrowthTuesday, March 9, 2010 @ 8:28PMMARCH 09, 2010 -- Major domestic airlines today praised the industry's restraint from adding new supply into the domestic market as executives committed to flat capacity this year during presentations at the J.P. Morgan Aviation, Transportation & Defense Conference in New York City.
Asian Stocks Fluctuate After Australia Report; Shippers DeclineTuesday, March 9, 2010 @ 7:11PMMarch 10 (Bloomberg) -- Asian stocks fluctuated as Australian consumer confidence rose, while shipping lines declined after a measure of cargo transport rates fell for the first time in almost two weeks.
Wall Street Ekes Out Modest Gains Amid Another Light Trading DayTuesday, March 9, 2010 @ 6:56PM(RTTNews) - Stocks gave up the majority of their earlier gains and closed only modestly higher on Tuesday, as a lack of first-tier economic data and light trading volume limited movement in the equi...
Travel › Delta talking to other carriers about alliancesTuesday, March 9, 2010 @ 4:02PMDelta Air Lines Inc, still smarting from its failed bid to lure Japan Airlines into a partnership, is talking to other carriers about expanding its…
Stocks Close Modestly HigherTuesday, March 9, 2010 @ 3:55PMStocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
RIVERS: IRL packs for season opener in BrazilSunday, March 7, 2010 @ 10:12PMImagine what it would be like to pack your entire garage, cars included, onto a jetliner for a trip to South America. Now imagine packing 35 IndyCars, three emergency vehicles and all of the gear to run a race in San Paulo, Brazil. You’re probably going to need a bigger jet, maybe two.
(AFX UK Focus) 2010-03-07 19:49 PRESS DIGEST-Australian Business News - March 8Sunday, March 7, 2010 @ 2:11PMCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) Petroleum company Royal Dutch Shell has made a takeover offer for Australian energy company Arrow Energy that is worth over A$3.3 billion. Arrow is rumoured to have cancelled a shareholder road show in ...
Why lose face over public worksSunday, March 7, 2010 @ 3:16AMPHUKET: Thailand has a long history of public works projects that are fully completed and ready to serve the people, but then stand idle while the various forces involved squabble over division of the...
Thursday March 04 2010Thursday, March 4, 2010 @ 5:16AMSINGAPORE, March 4 — The Singapore Navy believes a terrorist group is planning attacks on oil tankers in the Strait of Malacca, a key shipping lane for world trade, a Singapore shipping body warned today.
Straits terror attack alertThursday, March 4, 2010 @ 4:34AMSINGAPORE, Malaysia and Indonesia said on Thursday they are stepping up security in the Strait of Malacca, a key shipping lane for world trade, following warnings of possible attacks on oil tankers in the area. The Singapore Navy has received indications a terror group is planning attacks on oil tankers in the Strait of Malacca, the Singapore Shipping Association said in an advisory.
Increase in cost of air travel despite economic crisis: surveyThursday, March 4, 2010 @ 4:06AMNew Delhi, Mar 4 : Contrary to predictions that the global financial crisis would lead to reduction in air travel costs, latest trends indicate an increase in overall air fares in the Asia Pacific.
Security raised in Malacca Strait after terror warningThursday, March 4, 2010 @ 3:57AMSINGAPORE, March 4 — Singapore, Malaysia and Indonesia said today they are stepping up security in the Strait of Malacca, a key shipping lane for world trade, following warnings of possible attacks on oil tankers in the area. The Singapore Navy has received indications a terror group is planning attacks on oil tankers in the Strait of Malacca, the Singapore Shipping Association said in an ...
Blogs still superstars for enterpriseThursday, March 4, 2010 @ 2:27AMCorporate blogs still form key part of social media strategy, with social networking in support role, despite decline in blogging among younger Internet users, say companies.
Aviation sector to grow by 15%Thursday, March 4, 2010 @ 2:22AMVietNamNet Bridge – Viet Nam's aviation industry this year will grow by roughly 15 per cent over the last year, according to the Civil Aviation Administration of Viet Nam (CAAV).
Exploring Asia’s latest travel hotspotsThursday, March 4, 2010 @ 2:05AM2010 ushers more travel opportunities for people to check out new tourist hotspots that are fast becoming international favorites. For those looking to explore more of our neighboring Asian countries, here are some destinations that should be included in the must-see shortlist.
Batista’s OSX May Raise $5.5 Billion in Initial Sale (Update1)Tuesday, March 2, 2010 @ 5:17PMMarch 2 (Bloomberg) -- OSX Brasil SA may raise 9.92 billion reais ($5.5 billion) in its initial public offering, the most in emerging markets this year, as billionaire Eike Batista aims to repeat past IPO successes and beat a global slump.
(AFX UK Focus) 2010-03-02 19:55 PRESS DIGEST-Australian Business News - March 3Tuesday, March 2, 2010 @ 2:12PMCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) --Airline Virgin Blue yesterday confirmed that John Borghetti will take over the role of chief executive when founding chief executive Brett Godfrey retires in May. Mr Borghetti is a former senior executive ...
Frequent fliers lose a friend as Freddie Awards foldTuesday, March 2, 2010 @ 1:00PMAround this time of year, I always look forward to learning which programs have been highest rated by frequent travelers in the annual Freddie Awards competition. Sadly, it appears there will be no Freddie Awards this year, or perhaps ever again.
Santiago airport closesSaturday, February 27, 2010 @ 8:56PMSANTIAGO - THE powerful 8.8-magnitude earthquake that struck Chile on Saturday damaged the passenger terminal at Santiago's main airport and forced the site to close, officials said here. Runways at the Arturo Merino Benitez International Airport however were not damaged, said Chile's office of Civil Aeronautics.
Sunday February 28 2010Saturday, February 27, 2010 @ 1:25PMNEW YORK, Feb 27 — The days of airline alliances offering little more than code-sharing agreements are gone. Instead, alliances may well be the new mergers.
Japan Airlines loses $2 billion in April-DecemberSaturday, February 27, 2010 @ 1:08PMJapan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring.
Tsunami Threatens Entire Pacific Coast after Chile QuakeSaturday, February 27, 2010 @ 8:06AMTsunami waves triggered by the powerful 8,8 earth quake in Chile are threatening Hawaii with devastation, the Pacific Tsunami Warning Center informs Saturday.
Tsunami Threatens Entire Pacific Coast after Chile QuakeSaturday, February 27, 2010 @ 8:05AMA local man surveys the debris in the entrance of Santiago de Chile University in Santiago after an earthquake of 8,8 on the Ritcher scale hit the country.
Transit bolstered by OlympicsSaturday, February 27, 2010 @ 7:16AMThe streets of Vancouver and Whistler are packed with people from all over the world during these 2010 Olympic Winter Games -- Russia, Sweden, Japan, Germany, Canada -- most of them sporting the vivid colours of their countries.[...]
Etihad hosts Japanese cultural week in DubaiSaturday, February 27, 2010 @ 6:43AMDUBAI - Etihad Airways has been treating residents of the UAE to some unique Japanese festivities as the airline prepares to launch flights to Tokyo, its second new route to the country.
Tsunami warning spreads across PacificSaturday, February 27, 2010 @ 6:04AMNations across the Pacific are bracing for a destructive tsunami triggered by a massive magnitude 8.8 earthquake that struck near the coast of south-central Chile, killing at least 122 people.
Massive earthquake strikes ChileSaturday, February 27, 2010 @ 1:17AMA massive 8.8 magnitude quake hits central Chile, north-east of the city of Concepcion, killing at least 47 people, local media say.
JAL has record quarterly lossFriday, February 26, 2010 @ 9:03PMJapan Airlines Corp. suffered a record 46.7 billion yen (US$524 million) consolidated after-tax loss during the October-December period, compared with 38.5 billion yen during the same period in the previous year, the airline said Friday.
JAL has record quarterly lossFriday, February 26, 2010 @ 8:51PMJapan Airlines Corp. suffered a record 46.7 billion yen (US$524 million) consolidated after-tax loss during the October-December period, compared with 38.5 billion yen during the same period in the pr .....
Saturday February 27 2010Friday, February 26, 2010 @ 7:55PMNEW YORK, Feb 27 — The days of airline alliances offering little more than code-sharing agreements are gone. Instead, alliances may well be the new mergers.