Airline Finance News - Asia / Pacific.For more airline finance news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 3, 2006 Dragonair Dragonair flew 450,509 passengers in May, a 7.7% increase over the year-ago month. It said passenger numbers were bolstered by higher traffic from secondary Chinese cities such as Changsha, Chengdu, Nanjing and Xian. Jun 28, 2006 Jet Airways Jet Airways (India) Ltd. is an airline based in Mumbai, India, operating domestic and international services. It operates over 330 daily flights to 50 destinations across the country and 6 overseas. , Air Sahara Jet Airways and Air Sahara continued to spar in a Lucknow court Friday over the fate of a INR INR In currencies, this is the abbreviation for the Indian Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5 billion ($108.5 million) escrow account tied to Jet's aborted acquisition of its rival. After hearing arguments, a judge froze the account and postponed the hearing until June 30, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Indian press Indian press started from Calcutta, the then first colonial establishment of the East India Company. Since Calcutta was first to come under the British rule in India it opened to western values. reports. The airlines were debating the Lucknow court's jurisdiction over the case. Air Sahara's attorney told the court that as far as his client was concerned, the merger "is still subsisting. Only Jet is saying that the deal has come to an end," the Press Trust of India Press Trust of India (प्रेस ट्रस्ट ऑफ़् इंडिया, भाषा)is a nonprofit cooperative among the Indian newspapers. reported. "If Jet is allowed to walk away with the money it will sound the death knell for Sahara." Jun 26, 2006 SriLankan Airlines SriLankan shows improvement in year of recovery. SriLankan Airlines Group is recovering gradually from the December 2004 tsunami, reporting a net profit of LKR LKR In currencies, this is the abbreviation for the Sri Lankan Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.04 billion ($19.6 million) for the fiscal year ended March 31 that marks a 48.3% improvement from the prior year's profit of LKR1.38 billion but still falls far short of the LKR5.64 billion it earned in FY04. Jun 29, 2006 |
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