Airline Finance News - Asia / Pacific.Mar 12, 2007 Air India Air India (formerly Air-India, Hindi: एअर इंडिया) is the national flag carrier of India with a worldwide network of passenger and cargo services. , Indian Airlines Indian Airlines Limited or Indian (Hindi: इंडियन एयरलाइंस लिमिटेड or इंडियन Indian government, at a cabinet meeting last week chaired by Prime Minister Manmohan Singh, gave final approval for the merger of Air India and Indian Airlines. The two state-owned carriers will become a single entity when all legal formalities are completed, a process that is expected to take no longer than 16 weeks. Full operational integration is expected to take about two years. The combined airline will operate a fleet of about 120 aircraft and employ some 30,000 workers. Mar 5, 2007 Cathay Pacific Cathay Pacific Airways Limited (HKSE: 0293 ) is an airline based in Hong Kong, operating scheduled passenger and cargo services to over 104 destinations worldwide. It is the flag carrier of Hong Kong with its main base at the Hong Kong International Airport. [1]. Airways Cathay Pacific Airways 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. Philip Chen will step down effective July 1 to lead Swire Pacific's China investment strategy as chairman of John Swire & Sons (China), Swire and Cathay announced yesterday. Chen will be replaced as CEO by COO Tony Tyler, who has been with the airline since 1978. Chen will remain on the board as nonexecutive deputy chairman. "The appointments open up new horizons for me to help drive the group forward in areas that hold the greatest potential," he said. Swire Pacific Executive Director and Swire Beverages MD John Slosar will succeed Tyler as COO. Mar 9, 2007 Qantas Airways Australian Transport Minister Mark Vaile conceded that some Qantas jobs may head offshore if the carrier's sale to Airline Partners Australia Airline Partners Australia (APA) is a consortium that made a AU$5.45 per share takeover offer for Australian airline Qantas in December 2006. The takeover offer received the endorsement of the Qantas board in the absence of a better offer, however the proposed takeover failed to goes through following the receipt of government approval Tuesday. He also told viewers of the National Nine network that the government would not "micromanage micromanage Administration A popular term for excess oversight of lower management by upper management " the new owners. Mar 9, 2007 Qantas Airways The Qantas Airways purchase controversy over the government's refusal to extract job guarantees from APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture continued. Pilot groups are concerned that while QF may not be affected, low-cost offshoot Jetstar Airways could be the vehicle to move work offshore. Australian and International Pilots Assn. GM Peter Somerville told News Ltd. that Jetstar offers APA "a way of dodging its undertakings to the government and to the public. The stripping of Qantas into Jetstar and ultimate fire sale of the low-cost airline appears to be a key plank to the APA consortium's strategy." AIPA AIPA Autorità per l'Informatica nella Pubblica Amministrazione (Italy) AIPA American Inventors Protection Act of 1999 AIPA Asean Inter-Parliamentary Assembly (Jakarta, Indonesia) has launched legal action. Mar 9, 2007 Qantas Airways The Australian government cleared an 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. $8.7 billion bid for Australia's Qantas Airways on Tuesday after securing commitments that the airline would retain Australian majority ownership and control. Mar 6, 2007 03/12/2007 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Mar 5, 2007 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion