SIAEC Group recorded a profit attributable to owners of the parent of $139.3 million for the first half ended 30 September 2011, an increase of $2.0 million or 1.5% compared to the corresponding period last year. This included a write-back of tax provision of $3.1 million. Share of profits from associated and joint venture companies […]
SIA Engineering Group posts profit of $139.3 million for 1st half 2011-12 Read More »
Qantas planes were back in the air by Monday afternoon, after Fair Work Australia ruled to terminate the industrial dispute that has crippled Australian air travel. The decision will force Qantas and three unions to talk for at least 21 days. If those talks fail Fair Work Australia can then settle the dispute. Qantas grounded
Qantas back in the air Read More »
LAN and TAM have started the technical and preliminary processes for their integration into LATAM Airlines Group (LATAM). In this context, LAN and TAM have defined the new corporate structure which will be implemented once the merger is completed, as expected, within the first quarter 2012: Mauricio Rolim Amaro, current Vice-Chairman of TAM’s Board of Directors,
LAN and TAM define new corporate structure Read More »
General Dynamics released that Leda M. L. Chong will become senior vice president, Asia-Pacific Region, of the company’s Aerospace group on November 1, with an initial focus on the People’s Republic of China. Chong will report to Joseph T. Lombardo, executive vice president of the General Dynamics Aerospace Group, which comprises Gulfstream Aerospace Corporation and
General Dynamics appoints new Senior VP, Asia-Pacific Region Read More »
Air China, Boeing and Chinese and U.S. aviation energy partners conducted China’s first sustainable biofuel flight. The two-hour mainland flight from Beijing Capital International Airport was witnessed by officials from both countries and highlights the viability of using sustainable aviation biofuel sourced in China. PetroChina, working with Honeywell’s UOP, sourced and refined the China-grown, jatropha-based biofuel
Air China, Boeing and industry partners conduct first Chinese sustainable biofuel flight Read More »
Titan Airways, the London Stansted-based VIP charter specialist, is bolstering its fleet with the introduction of two additional Boeing 757s, taking the total number of 757s in the fleet to three. Scheduled for delivery in spring 2012, the 757s will be painted in Titan Airways distinctive livery and the interiors finished to Titan’s high standard. It
Titan Airways introduces two additional Boeing 757s to fleet Read More »
Alitalia Group reported third quarter consolidated net income of €69 million, up 76.9% compared to €39 million in the third quarter of 2010. Operating profit was up 60.7% to €90 million. Total operating revenue rose 12% year-on-year to €1.08 billion.
Alitalia posts third quarter consolidated net income of €69 million Read More »
Deutsche Lufthansa AG generated a stable operating profit of € 578 million in the first nine months of the current year, representing a drop of 5.6% that brought the figure only just below that of last year. Revenue came to € 22.1 billion and net profit for the period to € 288 million.
Lufthansa reports operating profit of € 578 million after nine months Read More »
A groundbreaking ceremony on October 26th marked the official start of construction work on Eurocopter’s new manufacturing plant in Querétaro, Mexico, which will manufacture aeronautical components and subassemblies. This industrial facility – situated within the Aerotech Park adjacent to Querétaro International Airport – will be dedicated to the production and assembly of helicopter and aircraft components, such
Eurocopter begins construction of new industrial facility in Querétaro, Mexico Read More »
Transaero Airlines, Russia’s second largest airline, signed a Memorandum of Understanding (MoU) with Airbus for four A380 aircraft. The agreement was signed by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Airbus’ Executive Vice President Europe, Asia and the Pacific. Transaero will become the launch customer for the A380 in Russia, the CIS and Eastern
Transaero Airlines commits to four A380s Read More »
