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  • Airline passengers in developing countries face 13 times crash risk as US Wednesday, September 1, 2010 @ 6:22PMPassengers who fly in Developing World countries face 13 times the risk of being killed in an air accident as passengers in the First World. The more economically advanced countries in the Developing World have better overall safety records than the others, but even their death risk per flight is seven times as high as that in First World countries.
  • Corinne Day, 45, Dies; Her Photos Brought Fame to Kate Moss Wednesday, September 1, 2010 @ 5:12PMMs. Day, whose photos of Ms. Moss in the 1990s took a startling detour from the glossy world of supermodels, helped usher in a new era in fashion photography.
  • Study: Flying safety varies by development Wednesday, September 1, 2010 @ 4:57PMHANOVER, Md., Sept. 1 (UPI) -- Airline passengers flying in developing countries face 13 times the risk of being killed in crashes as passengers in the developed world, a researcher says. Developing country - Developed country - United Press International - Health - United States
  • JAL revival plan takes flight Wednesday, September 1, 2010 @ 4:06PMJapan Airlines Corp. and its bankruptcy administrator, the state-backed Enterprise Turnaround Initiative Corp. of Japan, submitted a rehabilitation plan to the Tokyo District Court on Tuesday. This marks the start of JAL's full-scale efforts to reconstruct itself. But the environment surrounding the airline is severe, including the dim world economic outlook. Both management and labor of the ...
  • Stocks Maintaining Strong Gains In Mid-Afternoon Trading - U.S. Commentary Wednesday, September 1, 2010 @ 1:43PM(RTTNews) - After staging a substantial rally in early trading on Wednesday, stock continue to post strong gains in the mid-afternoon, as upbeat data on manufacturing activity both from the U.S. and China has helped to ease some fears of another global economic slowdown.
  • Airline passengers in developing countries face 13 times crash risk as US: INFORMS study Wednesday, September 1, 2010 @ 12:01PM( Institute for Operations Research and the Management Sciences ) Passengers who fly in Developing World countries face 13 times the risk of being killed in an air accident as passengers in the First World. The more economically advanced countries in the Developing World have better overall safety records than the others, but even their death risk per flight is seven times as high as that in ...
  • JAL to retire 103 planes, scrap 49 routes Wednesday, September 1, 2010 @ 11:50AMTOKYO, Sept. 1 (Reuters) – Japan Airlines Corp., a debt-ridden carrier worth no more than a two-decade-old jumbo when it was bailed out by the government in January, said it will retire 103 jets and scrap 49 routes in a bid to return to profit. JAL also said it would look at creating a low-cost carrier business and the state-backed turnaround body leading the restructuring said relisting the ...
  • Stocks Holding Onto Notable Gains In Early Afternoon Trading - U.S. Commentary Wednesday, September 1, 2010 @ 11:42AM(RTTNews) - Stocks remain up by notable margins in early afternoon trading on Wednesday, as a pickup in both U.S. and Chinese manufacturing activity along with a strong reading on Australian GDP has elevated hopes of a continued global economic recovery.
  • Stocks Crawl To Mixed Close Amid Continued Questions About Economy - U.S. Commentary Tuesday, August 31, 2010 @ 3:43PM(RTTNews) - Stocks turned in a lackluster performance to close out the month of August on Tuesday, with the lack of any substantive clues regarding the direction of the economy from the Federal Reserve contributing to the choppy trading on the day.
  • JAL to slash routes, jobs, aircraft in turnaround bid Tuesday, August 31, 2010 @ 3:37PMJapan Airlines Corp, a carrier worth no more than a two-decade-old jumbo when it was bailed out by the government in January, said it will retire two-fifths of its aircraft, abandon one in eight overseas flights and end a quarter of its home routes in a bid to return to profit.
  • Veterans headed to Washington D.C. on Sept. 7 Honor Flight Tuesday, August 31, 2010 @ 2:32PMStory created Aug 31, 2010 - 13:54:58 CDT. Wayne Mills of Osage may be best known for his classic cars, his former air-taxi business and for being the former owner of the Ford Dealership in town.
  • JAL to submit rehab plan including 16,000 job cuts Tuesday, August 31, 2010 @ 12:09AMTOKYO, Tuesday 31 August 2010 (AFP) - After a two-month delay, struggling Japan Airlines was to announce on Tuesday details of a rehabilitation plan that will see thousands of job cuts as well as route closures and debt waivers.
  • Japan Airlines to Start Discount Carrier as Part of a Plan to Turn Around Monday, August 30, 2010 @ 11:54PMJapan Airlines Corp. , which in January filed for bankruptcy, will set up a low-fare carrier as part of a turnaround plan, Transport Minister Seiji Maehara said.
  • Airlines' shares up as recovery gains pace Monday, August 30, 2010 @ 8:25PM( FT ) -- Airline share prices have risen more than 70 per cent from their lowest point at the beginning of last year, outperforming the broader equity market, as investors bet on a strong recovery in the highly cyclical aviation business.
  • Seven deadly crises Monday, August 30, 2010 @ 7:45PMPeter Hartcher: Seven of the most serious dramas have escalated. All pose major problems for the world.
  • Wall Street Whispers: Bernanke, Get A Clue Monday, August 30, 2010 @ 1:43PMSo far, the Fed's assurances that money will stay cheap indefinitely may actually be stunting growth.
  • China Has Picked The Wrong Time To End Its Love Affair With Capitalism Monday, August 30, 2010 @ 11:48AMMichael Wines has an excellent report in today’s New York Times , about the rising dominance of China’s state-owned enterprises, at the expense of the once-vibrant private sector.
  • Stocks Mostly Lower In Mid-Morning Trading - U.S. Commentary Monday, August 30, 2010 @ 9:51AM(RTTNews) - Stocks are mostly on the downside in mid-morning trading on Monday, as apprehension over the direction of the economy have traders reducing their exposure to risk ahead of key jobs data due out later this week.
  • Stocks Turning In A Lackluster Performance In Early Trading - U.S. Commentary Monday, August 30, 2010 @ 9:07AMAfter moving modestly lower at the open on Monday, stocks have moved back to the upside in early trading. The major averages have bounced well off their lows for the young session, climbing back near the unchanged line.
  • Booming Asia assesses prospects amid abrupt slowdown in global economic recovery Sunday, August 29, 2010 @ 9:57AMSEOUL, South Korea - Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon in the United States.
  • Zara takes the plunge into crowded online market Saturday, August 28, 2010 @ 11:16PMMADRID (AFP) - Europe's largest clothing retailer, Spain's Inditex, is taking its flagship Zara brand online, but it can expect stiff competition from other giants of high-street fashion already well-established in cyberspace.
  • THE AMERICAN BEAR HUG Saturday, August 28, 2010 @ 5:37PMAmerica has this bizarre ability to twist normal things around.
  • Boeing says Dreamliner now due 1st quarter of 2011 Saturday, August 28, 2010 @ 4:37AMNEW YORK -- Boeing postponed the delivery of its first 787 airliner to the middle of the first quarter of 2011, adding to a string of delays that has put it more than two years past its originally scheduled debut.
  • Boeing postpones first 787 delivery again Saturday, August 28, 2010 @ 2:30AMBoeing Co. postponed the delivery of its first 787 airliner to the middle of the first quarter of 2011, adding to a string of delays that has put it more than two years past its originally scheduled d ...
  • Latest 787 delay may cost Boeing Saturday, August 28, 2010 @ 2:17AMThe Boeing Co.’s sixth postponement of its 787 Dreamliner could put the planemaker at greater risk for paying penalties to customers frustrated by more than 21/2 years of delays.
  • Boeing rushes engine delivery Saturday, August 28, 2010 @ 2:09AMBoeing Co. officials said they're working closely with British engine manufacturer Rolls-Royce to expedite deliveries after problems with receiving an engine for tests will mean yet another delay in delivery of its first 787 Dreamliner.
  • 787 delays affect Boeing, airlines and passengers Friday, August 27, 2010 @ 6:25PMEVERETT, Wash. - Boeing's announcement Friday confirming another delay in delivering the 787 to Japan's All Nippon Airways to at least February of 2011, now pushes out the total delay to nearly three years. But while we've tended to look at that impact in terms of how it affects Boeing, it's not like the airlines simply shrug their shoulders and say "call me when they're ready." "It is ...
  • 787 delays affect Boeing, airlines and passengers Friday, August 27, 2010 @ 6:23PMWhile we've tended to look at that impact in terms of how it affects Boeing, it's not like the airlines simply shrug their shoulders and say "call me when they're ready."
  • Low-cost airlines fuel competition Friday, August 27, 2010 @ 4:04PMJapan's tightly regulated skies have been seeing some changes in recent years, with a wave of low-cost carriers from Asia entering the market and domestic budget airlines rising to intensify the competition. Observers are looking carefully at the impact on the Japanese airline industry, especially what it means for All Nippon Airways Co. and Japan Airlines Corp.
  • Calgary's Mayor goes to Japan and Korea to promote city Friday, August 27, 2010 @ 3:34PMDave Bronconnier is taking one more shot at promoting Calgary before his term as mayor expires. Over the next four days, Bronconnier will be meeting with government officials and executives in Japan and Korea in the airline, tourism, energy and financial sectors who are interested in expanding their operations in Alberta. The total cost of the trip is pegged at $8,000.
  • Stocks Rally As Bernanke Reassures Investors - U.S. Commentary Friday, August 27, 2010 @ 3:27PM(RTTNews) - Stocks rallied to close out the week on Friday, as Federal Reserve Chairman Ben Bernanke reassured investors that the Fed would take action if economic conditions worsen further.
  • Effort to save JAL-Kona flights fails Friday, August 27, 2010 @ 3:10PMFederal, state and county officials tried but failed to save direct flights from Japan to Kona.
  • Bombardier says CSeries not impacted by patent dispute between engine makers Friday, August 27, 2010 @ 2:56PMMONTREAL - Bombardier insisted Friday that its CSeries aircraft won't be delayed or affected by a patent dispute between Pratt & Whitney and rival engine maker Rolls-Royce.
  • New flight simulator re-creates 787 for pilots Friday, August 27, 2010 @ 2:51PMRENTON -- As pilot Gregg Pointon guides a Boeing Co. 787 toward the runway, he triggers a warning signal in the cockpit. "Bank angle warning. Bank angle warning," drones a digital voice from the flight deck.
  • County efforts to save Tokyo-Kona flights fall short Friday, August 27, 2010 @ 2:11PMNot even Sen. Daniel K. Inouye could save direct flights from Tokyo to Kona, county officials said Thursday.
  • Will Boeing pay for its latest Dreamliner delay? Friday, August 27, 2010 @ 2:09PMBoeing's latest delay to its ballyhooed Dreamliner model could test the patience of airlines that have ordered the jet. Already, Japan's ANA ...
  • Stocks Holding On To Sizable Gains Mid-Afternoon Trading - U.S. Commentary Friday, August 27, 2010 @ 1:42PM(RTTNews) - Stocks remain sharply higher in mid-afternoon trading on Friday, as the markets have largely focused on reassuring comments from Federal Reserve Chairman Ben Bernanke while looking past the day's mostly gloomy economic news.
  • First Dreamliner delivery slips into 2011 Friday, August 27, 2010 @ 5:28AMLack of engines prompts yet another delay Boeing will not deliver the first Boeing 787 Dreamliners until 2011, following yet another delay in the troubled programme.…
  • Business briefs Friday, August 27, 2010 @ 4:00AMOLATHE, Kan. - Garmin Ltd. said this week it is recalling roughly 1.3 million Nuvi GPS devices worldwide because batteries have the potential to overheat and create a fire hazard.
  • Business & Finance Friday, August 27, 2010 @ 2:50AMMarket overview - European stocks close higher - AFP European stock markets closed higher yesterday as a technical rebound following recent sustained losses got a boost from better-than-expected US...
  • LOGISTICS Thursday, August 26, 2010 @ 1:30PMOVERSEAS BORROWINGS: Goyal says open to diluting up to 20% stake in Jet Air Co seeks nod to raise $750 m via external commercial borrowings.
  • Stocks slump on slowdown fears Thursday, August 26, 2010 @ 8:59AMStocks slipped Thursday, erasing earlier gains as worries about a sputtering economy overshadowed a better-than-expected report on jobless claims.
  • Asian stocks advance from one-month lows Thursday, August 26, 2010 @ 1:09AMAsian stocks rose, lifting the MSCI Asia Pacific Index from a one-month low, amid speculation declines this month have made shares cheap relative to earnings.
  • China And Japan Keep CEO Leadership In The Family Thursday, August 26, 2010 @ 12:42AMExecutive search firms' services are useless for most traditionally minded businesses in Asia--at le
  • Air NZ earnings meet forecast Wednesday, August 25, 2010 @ 6:32PMAir New Zealand has posted normalised earnings before tax of $137 million for the year to June 30, broadly in line with expectations. The results were down 6% on the previous period, as the lingering effects of the global recession continued to put pressure on demand.
  • Air New Zealand Profits Despite Turbulent Times Wednesday, August 25, 2010 @ 6:20PMAUCKLAND, New Zealand--(BUSINESS WIRE)--Air New Zealand has today reaffirmed itself as one of the world’s top performing airlines, announcing normalized earnings* before taxation of $137 million for the 12 months ended June 30, 2010. “The uncertainty surrounding the global economic recovery has continued to suppress demand for air travel over the past 12 months,” says Air New Zealand Chairman ...
  • Air New Zealand Profits Despite Turbulent Times Wednesday, August 25, 2010 @ 6:06PMAUCKLAND, New Zealand----Air New Zealand has today reaffirmed itself as one of the world’s top performing airlines, announcing normalized earnings* before taxation of $137 million for the 12 months ended June 30, 2010.
  • Stocks Close Higher Despite Dismal Economic Data - U.S. Commentary Wednesday, August 25, 2010 @ 3:27PM(RTTNews) - Stocks ended Wednesday's session up by solid margins, despite daunting figures on new home sales and durable goods orders. The major averages all turned to the upside in the second half of the day amid some bargain hunting following yesterday's seven-week closing lows.
  • Allegiant Air announces new service to North Dakota Wednesday, August 25, 2010 @ 2:29PMAllegiant Air will begin flying twice-weekly routes between Las Vegas and Minot, N.D., beginning in October.
  • Stocks Continue To Trade Mixed In The Mid-Afternoon - U.S. Commentary Wednesday, August 25, 2010 @ 1:42PM(RTTNews) - Stocks continue to show a mixed picture in mid-afternoon trading on Wednesday, even as economic data released this morning was much worse than anticipated. The major averages continue to drift near the unchanged mark after recovering from their lows set this morning.