Airline Finance News - Asia / Pacific.May 14, 2007 Aero Asia International Aero Asia International was a private airline based in Karachi, Pakistan. It operated domestic and international services. Its main base was Jinnah International Airport, Karachi[1]. Pakistani private carrier Aero Asia International Airlines has been suspended from flying for failing to meet safety standards Safety standards are standards designed to ensure the safety of products, activities or processes, etc. They may be advisory or compulsory and are normally laid down by an advisory or regulatory body that may be either voluntary or statutory. , the country's aviation regulator said on Wednesday. Aero Asia operated on at least three domestic and three international routes. The CAA Caa See CCC. said the action was taken after a number of deficiencies in the airline's flight safety standards were revealed. May 10, 2007 Biman Bangladesh Biman Bangladesh To Cut Half Jobs State-owned airline Biman Bangladesh plans to shed around half its workforce by June as part of plans to privatize the loss-making national carrier, a senior Biman official said on Wednesday. May 10, 2007 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 , Singapore Airlines China Eastern Airlines stock continued to soar yesterday as widespread speculation continued that Singapore Airlines is on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of taking a significant stake in the carrier despite CEA's insistence that concluding any deal requires more time. In the statement, CEA CEA carcinoembryonic antigen. CEA abbr. carcinoembryonic antigen CEA (Carcinoembryonic antigen) refused to offer details about any negotiations with Singapore Airlines. May 11, 2007 Qantas Airways, Aviation Partners Australia Aviation Partners Australia declared its bid for Qantas dead but at the same time said it was leaving the door open for another attempt in four months. May 7, 2007 Singapore Airlines Singapore Airlines announced a hefty 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. $2.16 billion (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. $1.4 billion) payout to investors after it reported a better-than-expected 72 percent jump in annual profit. Singapore Air said it would return SGD$1.537 billion as part of a capital reduction to improve its capital structure, canceling one share for every 15 held. May 11, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar 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. May 7, 2007 |
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