China Airlines has transferred ownership of a Boeing 747-400 freighter indirectly to its mainland China joint venture, Yangtze River Express Airlines via an unidentifi ed middle company, the Economic Daily News reported, without identifying its source. The freighter, which is now registered under Yangtze River Express, will serve the China joint venture’s Europe/US routes, the paper said. Yangtze River Express plans to bring in two more 747-400 freighters to expand its fl eet in 2008, the … [Read more...] about TAIWAN: CAL transfers planes to China JV

ANA and Singapore Airlines have fi led for permission to increase their present code-sharing relationship to cover destinations in Asia, North America and Japan beyond the hub airports of Changi and Narita, from September 1 this year. Five destinations in Japan, from the southernmost island of Okinawa to Sapporo in the north, as well as Chicago and Washington, DC in the US will be added to Singapore Airlines’ network. Four cities in India, in addition to Jakarta and Johannesburg … [Read more...] about SINGAPORE: SIA, ANA expand code-share pact

Philippine Airlines (PAL) has posted a net income of US$140.3 million for its fi nancial year ending March 31, 2007, the highest profi t in its 66-year history. Strong performances by the passenger and cargo businesses, coupled with some non-recurring items, contributed to the expansion. It was also PAL’s third straight annual profi t, despite adverse operating conditions, including skyrocketing fuel prices, the liberalisation of the aviation industry, continuing global terrorist … [Read more...] about PHILIPPINES: PAL posts net profit

Philippine Airlines will acquire six wide-bodied Boeing aircraft for US$1 billion which would be delivered between2009 and 2011. PAL has ordered four Boeing 777- 300ER aircraft and two more under a lease contract with GE Commercial Aviation Services, the Business Mirror reported. The decision to acquire the B777-300ERs, PAL’s fi rst new wide-body aircraft in 12 years, signals the long-anticipated modernisation of the airline’s long-range fl eet. The deal with Boeing will allow … [Read more...] about PHILIPPINES: PAL to acquire six B777s

The Philippine government plans to convert a former US naval base in Cavite City, south Manila into an air and sea international logistics hub. President Arroyo has ordered the Philippine Reclamation Authority (PRA) to develop the 4,000-hectare Sangley Point at a cost of 40 billion pesos including a reclamation work, Business World reported. The PRA has been tasked to evaluate proposals from the private sector and conduct a selection and bidding process as well as obtaining titles of the … [Read more...] about PHILIPPINES: Former naval base to become logistics hub

Philippine Airlines (PAL) has expressed its readiness on the open-skies policy but there is a need for equal opportunity and air access to the markets. PAL president Jaime Bautista has urged the Philippine government to liberalise the civil aviation wisely and responsibly. He also called on the government economic managers and policy makers to adopt a civil aviation policy of equal opportunity, providing the country’s air carriers with the same access rights given to foreign airlines. … [Read more...] about PHILIPPINES: PAL stipulates open skies readiness