
China’s three major airlines all returned to profit in the third quarter thanks to stronger passenger demand and lower fuel prices. Air China saw its net profit for the July-September period reach US$125.3 million, compared to a loss of US$288.5 million in the same period of last year. China Eastern Airlines recorded a profit of US$3.4 million, following a US$341.2 million loss a year ago, while China Southern Airlines posted US$41.6 million, having lost US$121.5 million in the … [Read more...] about China's airlines return to profit in 3Q
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Distracted' US pilots loose their licences
The Federal Aviation Administration (FAA) has revoked the licenses of two Northwest Airlines pilots who flew 150 miles beyond their destination last week as a result of being distracted by a cockpit discussion of airline policy, they claimed . The FAA, in revoking the licenses, said the crew had been out of radio contact for 91 minutes and flown 150 miles past the intended destination. The agency cited “failing to comply with air traffic control instructions and clearances and operating … [Read more...] about Distracted' US pilots loose their licences
SATS records 26% growth in profit
Singapore Airport Terminal Services (SATS) has reported a S$40.9 million (US$20 million) profit for the three months to 30 September, up 26.2 per cent year on year, the second quarterly growth following four consecutive periods of declines. Turnover at the airport ground-handling and catering company grew 45.4 per cent to S$362.3 million, despite a 10 per cent drop in aviation revenue. A key factor in the firm's robust results was the contribution from Singapore Food Industries (SFI), a food … [Read more...] about SATS records 26% growth in profit
ANA boosts cargo hub ops out of Okinawa
All Nippon Airways is looking to create a profitable Asian cargo business within two years using Naha Airport, with operations beginning in early November. The cargo hub, located on the southernmost island prefecture of Okinawa will link Japan’s three international airports in Tokyo and Chiba and Osaka with those in Seoul, Shanghai, Hong Kong, Taipei and Bangkok via Naha Airport. … [Read more...] about ANA boosts cargo hub ops out of Okinawa
Oz competition authority goes after Thai
Australia's competition regulator has started court action against Thai Airways International, part of an ongoing investigation into alleged price fixing in the air cargo industry. The Australian Competition and Consumer Commission (ACCC) said in a statement on Wednesday that it alleges that between 2001 and 2006, Thai Airways entered into arrangements or understandings with other international air cargo carriers in specific countries that had the purpose or effect of fixing the price of fuel … [Read more...] about Oz competition authority goes after Thai
New code share for Asiana and Continental
Asiana Airlines and Continental Airlines have announced a new alliance partnership effective from 15 December this year. The code share operations between the two airlines will cover five international routes and 13 domestic routes inside the US. … [Read more...] about New code share for Asiana and Continental
