Airline Finance News - Asia / Pacific.Oct 23, 2006 Dragonair Dragonair flew 583.2 million RPKs in September, an increase of 8.4% over the year-ago month. Capacity climbed 3.9% to 884.1 million ASKs and the number of passengers rose 9.4% to 455,585. Oct 19, 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. Jet Airways' yield and load factor drop, profits disappear. Dramatic capacity increases and a "softening yield environment" resulted in another difficult quarter for India's Jet Airways, which reported a loss after tax of 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. 551 million ($12.1 million) in the second fiscal period ended Sept. 30 compared to a INR686 million profit in the year-ago quarter. Oct 19, 2006 Korean Air  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Korean Air President and COO Jong Hee Lee projected the carrier's full-year 2006 net income will remain flat at about $200 million on $8 billion in revenues. Briefing reporters this week in Seoul, he said he was "disappointed" with the projected results and added that rising fuel prices are slowing growth. "Fuel has a terrible, big impact," he said, noting that the carrier will pay $500 million more in fuel expense in 2006 than it did last year. He pointed out that in an effort to save fuel, KE started operating a polar route on flights from Toronto, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK and Washington Dulles to Seoul Incheon when Russia approved use of the route last month, shaving 40-50 min. off flight time. Oct 18, 2006 Qantas Qantas is set for a showdown with Australian unions after it announced it will outsource its IT applications support and maintenance to Indian global service providers Satyam Computer Services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. and Tata Consulting Services starting next month. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Geoff Dixon Geoff Dixon (born in Wagga Wagga, New South Wales, Australia) is an Australian corporate executive and current CEO and Managing Director of Qantas. Qantas Geoff Dixon was appointed Chief Executive Officer and Managing Director of Qantas in March 2001. said in a statement that it would cost Qantas A$100 million ($75.4 million) to develop its own. The shift will take 15 months and cost 340 jobs. While the carrier has been outsourcing various functions for some time, the latest move comes at a point when it is striving to extract more savings while ramping up its low-cost JetStar International operation, which pilots see as a major threat to their salary packages. Oct 19, 2006 Qantas Qantas Predicts Higher Profits. Qantas lifted its profit forecast for this year on softer oil prices, and said it would not cancel its order for Airbus's new A380 superjumbo. Oct 19, 2006 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Oct 16, 2006 |
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