Passenger Transportation

Japan's All Nippon Airways is to issue new shares worth $2.5 billion this month, the airline said
A New Zealand court has fined Japan Airlines NZ$2.28 million ($1.8 million) after it admitted price fixing
Chile's LAN Airlines said Friday it has completed its takeover of Brazilian airline TAM
Malaysia Airlines says it wants to cut operational costs by 20 percent within three years
Qantas, once a state-owned carrier but fully privatised in 1995 -- is losing money on its international routes
Air France CEO Alexandre de Juniac
Shares in Air France-KLM shot up by over 7.0 percent after the job cuts announcement
Franco-Dutch carrier Air France-KLM posted a loss of 809 million euros for 2011
Shares in Air France-KLM shot up by over 7.0 percent after the job cuts announcement
Struggling Franco-Dutch carrier Air France-KLM posted a loss of 809 million euros for 2011
Low-cost airline Ryanair plans to make a 694-million-euro ($881 million) bid for its rival airline Aer Lingus
Miyuki Suzuki
Undated file photo of an Air Canada plane
Air New Zealand says former head of Unilever Canada Christopher Luxon would take over as its chief executive
A Korean Air plane makes a landing at Incheon International Airport
Japan Airlines is aiming to re-list its shares by September, reports say
An Australian court has fined Malaysia Airlines Aus$6 million for price-fixing
An EasyJet charter airline plane waits on the tarmac at Orly airport near Paris
Qantas expects underlying profit before tax this year of Aus$50-100 million, compared with Aus$552 million last year
Alan Joyce, Qantas CEO and managing director, pictured in May

Ellen DeGeneres happy to 'kiss the ground' Down Under

US talk show star Ellen DeGeneres arrived in Australia on Friday, declaring she was happy enough to "kiss the ground" as she began a six-day visit officials are hoping will help boost tourism.
 

German railways says profits up in 2012

German rail operator Deutsche Bahn said Thursday that profits rose sharply last year as passenger numbers hit record levels in face of soaring petrol prices.
 

Lufthansa cancels 670 due to strikes

German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
 

Eurotunnel triples profits after Olympic boost

Eurotunnel said Thursday it tripled profits in 2012 on a boost in passenger numbers from the London Olympics and the Queen's Jubilee celebrations.
 

Lufthansa cancels 670 flights due to strikes

German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
 

Ryanair makes massive order for 175 Boeing 737s

Irish low-cost airline Ryanair on Tuesday announced an order for 175 Boeing 737-800 airplanes in a major fleet expansion three weeks after the EU blocked its takeover of rival Aer Lingus.
 

Ryanair orders 175 Boeing 737s worth $15.6 bn

Irish low-cost airline Ryanair on Tuesday announced that it has ordered 175 Boeing 737-800 airplanes worth $15.6 billion (12.1 billion euros) at catalogue prices.
 

London shares close lower on Cyprus bailout woes

London shares lost ground on Monday on news that Cyprus, home to around 100,000 British people, plans to tax bank deposits as part of a controversial international bailout.
 

Indonesia's Lion Air stuns again with Airbus deal

Lion Air, a little-known carrier launched 13 years ago with just one plane, has struck two of the world's largest aircraft orders in a staggering $46 billion bet on Indonesia's air transport boom.
 

Sri Lanka opens new Chinese-funded airport

Sri Lanka's president opened the country's second international airport on Monday, intended to help spur a new economic hub and act as a gateway to the island's southeast.
 

Airbus to sign mega A320 order from Asian carrier Lion Air

European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
 

French president, Airbus to unveil 'major deal' Monday

European aerospace giant Airbus will sign an order from Indonesian low-cost carrier Lion Air for more than 200 A320 medium-haul jets at a ceremony Monday with French President Francois Hollande, business daily Les Echos reported in its Monday edition.
 

Sri Lanka offers tax-free zone at new airport

Sri Lanka is turning its newest international airport, opening Monday, into a tax-free zone to attract aviation-related industries, a top official said.
 

London shares open steady, consolidating gains

London shares were steady in early trade on Friday, consolidating recent gains after US stocks again flirted with record highs overnight, dealers said.
 

Dreamliner 'absolutely' safe: Boeing executive

The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan, as it sought to reassure airlines and passengers about its aircraft.
 

Carnival cruise passengers to fly home after fault on ship

Cruise operator Carnival said Thursday it was arranging to fly as many as 4,300 passengers home after the Carnival Dream moored for repairs in the Dutch Caribbean island of St Maarten.
 

Iberia strike called off after deal: company

Workers of Spanish airline Iberia called off a third five-day strike in a dispute over thousands of job cuts after unions accepted a mediation plan, the company said on Wednesday.
 

Cathay Pacific 2012 net profit slumps 83%

Cathay Pacific said Wednesday that 2012 net profit plunged more than 83 percent, as the Hong Kong flag carrier was buffeted by persistently high fuel prices and the eurozone financial crisis.
 

Train services resume after storm batters Europe

High-speed train services resumed Wednesday between Paris and London and between Paris and Brussels, the French rail authorities said, after a severe late-winter snowstorm battered northwestern Europe, causing widespread travel chaos with the cancellation of hundreds of flights at main airports.
 

Japan airlines hail Dreamliner battery fix approval

Japanese airlines on Wednesday welcomed US approval of test flights of the grounded Boeing 787 with prototype versions of the battery fix, holding out hopes for a resumption of its operations.