Airline Finance News - Asia / Pacific.

Nov 13, 2006

IATA warned that the return on the cost of capital is a major impediment to industry growth despite some headline-grabbing profits posted by a handful of carriers. Speaking at the Centre for Asia Pacific Airlines Outlook 2007 summit in Singapore, IATA Chief Economist Brian Pearce said the industry's overall performance between 2001 and 2004 was an abysmal 3.3% compared to a benchmark of 7.2%. Asian airlines fared better with a 4.6% return, with US carriers at 2.5%. Not surprisingly, LCCs reported a strong 6.8% average. Nov 10, 2006

Japan Airlines

JAL returns to profitability. Japan Airlines emerged from a year in the red with a [yen]28.2 billion ($239.2 million) profit in its second fiscal quarter ended Sept. 30, a figure based on the carrier's half-year results released yesterday. Nov 9, 2006

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Editor: Aram Gesar, eMail: [e-mail]

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Oct 30, 2006