Airline Finance News - Asia / Pacific.Mar 19, 2007 India Ministry of Civil Aviation granted approval to Alliance Air, 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. , Deccan Aviation Deccan Aviation is an aviation company based in Bangalore, India that owns the airline Air Deccan and operates helicopter and fixed-wing charter services. Its main base is HAL Bangalore International Airport[3]. , Sahara Airlines, Kingfisher Airlines Kingfisher Airlines Limited is an airline based in Bangalore, India. It is a major Indian luxury airline operating an extensive network to 34 destinations, with plans for regional and long-haul international services. , Paramount Airways and Indus Airways to acquire and operate foreign manufactured aircraft with fewer than 80 seats. Airlines in India are exempt from landing fees for planes with fewer than 80 seats. Mar 15, 2007 Air New Zealand Parameter not given Error... ''Template needs its first parameter as beg[in], mid[dle], or end. Parameter not given Error... , Qantas Qantas unloaded its 19.4% shareholding in Air New Zealand to a spread of institutional investors for NZ$425.6 million ($295 million), formally ending its ties with the New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. flag carrier. The long-awaited move followed the unwinding of the last of their codesharing arrangements between Australia and New Zealand and ANZ's increasing commercial links with its 50%-owned partner, Ansett Australia. Qantas is holding preliminary discussions about a possible takeover of Ansett New Zealand Ansett New Zealand was a wholly owned airline subsidiary of Ansett Australia, serving the New Zealand domestic market between 1987 and 2000. In order to comply with regulatory requirements relating to the acquisition of Ansett Australia by Air New Zealand, Ansett New Zealand was , the NZ domestic airline now wholly owned by News Corp. Ansett axed a series of nonperforming routes as part of a strategy to return to profitability (May 1997). Mar 14, 2007 Cathay Pacific Airways, Dragonair Cathay Pacific Airways together with Dragonair flew 5.88 billion RPKs in February, up 2.2% from the year-ago month. Capacity climbed 3% to 7.79 billion ASKs, dropping load factor 0.5 point to 75.5%. Mar 15, 2007 China Southern Airlines China Southern Airlines (中国南方航空公司) (SEHK: 1055, NYSE: ZNH) is an airline based in Guangzhou in the Guangdong province of the People's Republic of China. China Southern Airlines yesterday announced receipt of a CNY CNY In currencies, this is the abbreviation for the China Renminbi. 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. 10 billion ($1.29 billion) credit extension from China Construction Bank. Mar 15, 2007 Qantas Qantas says future holds soaring profits Responding to calls for guidance from shareholders considering Airline Partners Australia's bid to buy the carrier, Qantas confirmed yesterday that a pre-tax profit of A$1.23 billion ($962.8 million), which matches an average of analysts' expectations, is likely for the fiscal year ending June 30, 2008. Mar 16, 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 AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Mar 12, 2007 |
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