Airlines
Korean Air bids for Czech Airlines: report
Mar 04, 2013 12:27 EST
Korean Air has placed an official bid for a 44-percent stake in the troubled Czech flagship carrier Czech Airlines (CSA), Czech media said on Monday.
Cricket World Cup chairman Strong dead at 68
Mar 04, 2013 04:37 EST
Prominent Australian businessman James Strong, the chairman of the organising committee for the 2015 cricket World Cup in Australia and New Zealand, has died aged 68.
Cricket World Cup chairman Strong dead at 68
Mar 03, 2013 21:58 EST
Prominent Australian businessman James Strong, the chairman of the organising committee for the 2015 cricket World Cup in Australia and New Zealand, has died aged 68.
Struggling Gulf Air sacks staff as unions reject revamp
Mar 03, 2013 01:35 EST
Bahrain's loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has annoyed unions over heavy job cuts.
Air China to buy 31 Boeing planes
Mar 01, 2013 14:34 EST
Air China signed an agreement Friday to buy 31 Boeing passenger and cargo planes from Boeing, subject to government approval, the Chinese flag carrier said.
Cathay Pacific cancels freighter aircraft order
Mar 01, 2013 11:03 EST
Cathay Pacific Airways, the world's largest international air-cargo carrier, said Friday it will cancel an order for eight Boeing 777-200F freighters due to slowing demand.
Lufthansa trims Berlin services as airport woes drag on
Mar 01, 2013 10:05 EST
Lufthansa, Germany's biggest airline, said Friday it will cut back flights to and from Berlin in face of the seemingly never-ending debacle surrounding the German capital's new airport.
Fresh Iberia strike cancels 1,370 flights
Mar 01, 2013 09:45 EST
Workers at Spanish airline Iberia plan a second five-day strike against mass job cuts from Monday, forcing the cancellation of 1,370 flights, the company and unions said.
Asian markets mixed as China posts weak data
Mar 01, 2013 06:14 EST
Asian markets were mixed on Friday as traders took a breather after healthy gains in the previous session while Chinese data showed growth in manufacturing activity had slowed.
Boeing offered Dreamliner battery fix: Japan govt
Mar 01, 2013 01:48 EST
Details emerged Friday of the battery fix proposed by Boeing to get its stricken Dreamliners back in the air, as Japan's All Nippon Airways vowed it would stick with the next generation aircraft.
Virgin domestic service set for take-off
Feb 28, 2013 22:26 EST
Richard Branson on Friday unveiled details of Virgin Atlantic's new domestic service which he promises will bring "rock and roll spirit" to the skies.
Airline sorry for saying no to shark victim's mum
Feb 28, 2013 18:05 EST
Budget airline Jetstar apologised on Friday after refusing to allow the grieving mother of a New Zealand man killed in a shark attack to change her flight on compassionate grounds.
London shares rebound
Feb 28, 2013 13:31 EST
London shares inched up on Thursday as dealers focused on upbeat jobs data in the United States, dealers said.
Malaysia Airlines logs another profit on cost cuts
Feb 28, 2013 12:16 EST
Struggling flag carrier Malaysia Airlines said Thursday it recorded its best quarterly result for two years as it continued to push forward with a cost-cutting campaign.
IAG slumps to 943 mn euros loss on Iberia woes
Feb 28, 2013 11:04 EST
International Airlines Group, parent of British Airways, plunged into an annual net loss of 943 million euros ($1.2 billion) in 2012 on severe financial strains at its Spanish arm Iberia and owing to a soaring fuel bill.
IAG slumps to near 1 bn euros loss on Iberia woes
Feb 28, 2013 03:50 EST
International Airlines Group, parent of British Airways, on Thursday posted a 2012 net loss of 943 million euros ($1.239 billion), hit by troubles at Spanish division Iberia and a soaring fuel bill.
London shares rise as BA owner's shares jump
Feb 28, 2013 03:41 EST
London shares opened higher on Thursday following a strong lead from Wall Street and helped by strong results from the owner of British Airways, dealers said.
Air New Zealand interim profit jumps to five-year high
Feb 27, 2013 15:57 EST
Air New Zealand announced a 163 percent rise in interim net profit on Thursday, posting its best result in five years after the airline's long-haul operations moved back into the black.
Iraqi Airways resumes Kuwait flights after two decades
Feb 27, 2013 13:37 EST
An Iraqi Airways plane landed in Kuwait City on Wednesday for the first time since Iraq's invasion of the emirate in August 1990, after a commercial dispute was resolved.
India's Jet shares soar on investor hope of Etihad stake buy
Feb 27, 2013 13:17 EST
Shares of India's Jet Airways surged almost 20 percent on Wednesday after Abu Dhabi-based Etihad paid $70 million to the Indian carrier for London landing slots.
