Airline Finance News - Asia / Pacific.For more airline finance news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006 Air China Air China flew 4.99 billion RPKs in June, a 19% increase over the year-ago month. Capacity rose 15.8% to 6.6 billion ASKs and load factor climbed 2 points to 75.6%. Jul 28, 2006 China Eastern Airlines China Eastern Airlines Corporation Limited (Simplified Chinese: 中国东方航空股份有限公司) (SSE: B>600115 China Eastern Airlines confirmed Friday it is in talks with several potential foreign investors including Singapore Airlines  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , 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. press reports. Reuters reported that the carrier is considering selling at least a 20% stake, which would be worth approximately $260 million. Jul 24, 2006 Dragonair Dragonair flew 570.8 million RPKs in June, up 9.7% from the year-ago month. Capacity increased 5.5% to 871.7 million ASKs and load factor rose 2.5 points to 65.5%. Jul 26, 2006 Singapore Airlines Singapore Airlines is expected to report an 18 percent rise in April-June net profit to around SGD SGD In currencies, this is the abbreviation for the Singapore Dollar. 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. $277 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. 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. $175 million), excluding the sale of planes and property, according to forecasts. Singapore Airlines should next week post its first quarter of higher profits after five quarters of declining earnings, as it battles high fuel prices by hedging and keeping other costs under control. The carrier, the world's second-biggest airline by market value, faces what Chief Executive Chew Choon Seng Chew Choon Seng (Chinese: 周俊成; Pinyin: Zhōu Jùnchéng) is the CEO of Singapore Airlines (SIA). calls "runaway fuel prices" as the price of jet fuel set a record of more than USD$90 a barrel this month. Industry experts say Singapore Airlines owes its strong performance to fuel hedging Fuel hedging is the practice, often employed by airline companies, of making advance purchases of fuel at a fixed price for future delivery to protect against the shock of anticipated rises in price. See also
Future liabilities resulting from pension commitments made by a corporation. Accounting for pension liabilities varies widely by country. . The airline, ranked behind Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest. Southwest Airlines Co. in market value, spent SGD$1.12 billion (USD$710 million) on fuel for its 90 aircraft in January-March -- more than four times its profit for that quarter -- making it the airline's single-biggest expense. But even with rocketing fuel costs, the airline has never booked a full-year loss. Jul 28, 2006 Singapore Airlines Singapore Airlines's only global brand, whose advertising heavily relies on its "Singapore Girl" flight attendants, made a profit of SGD$266 million (USD$168.5 million) in its January-March fourth quarter. The company's share price has risen 6.5 percent so far in 2006, beating a 3.6 percent gain by the Straits Times index The Straits Times Index (STI) is a market value-weighted stock market index based on the stocks of 50 representative companies listed on the Singapore Exchange. Launched in the wake of a major sectoral re-classification of listed companies by the Singapore Exchange, which . Analysts expect little in terms of surprises when Singapore Air releases first-quarter results on Tuesday. Jul 28, 2006 Singapore Airlines Singapore Airlines has also been holding talks with China Eastern about unspecified "possibilities". No result has been announced yet. Singapore Air shares have outperformed those of Hong Kong rival Cathay Pacific, up 3.9 percent so far in 2006, and Australia's Qantas, which have slumped 24 percent. Jul 28, 2006 Singapore Airlines Singapore Airlines flew 7.38 billion RPKs in June, an 8.5% increase over the year-ago month. Capacity rose 2.1% to 9.24 billion ASKs, lifting load factor 4.7 points to 79.9%. Jul 25, 2006 Tiger Airways Tiger Airways has recorded an 81% lift in passenger volume since moving to the Budget Terminal at Singapore Changi four months ago. Since then, 400,000 passengers have traveled with Tiger, load factor has leapt 21 points and capacity has doubled to six A320s. Next month the airline will operate almost 200 flights per week from the terminal. It plans to add three more A320s this year and a further three next year. Jul 27, 2006 |
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