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Global News Alert.

Oct 19, 2006

Embraer Sells 60 Business Jets In 3 Deals. Brazilian aircraft maker Embraer said on Wednesday it sold 60 business jets from its new Phenom line to two US-based companies and one from Spain for a total of USD$188 million at list prices. Oct 19, 2006

Singapore Air Could Cancel Airbus Order. Singapore Airlines could cancel an order for nine Airbus A380 superjumbos if there are excessive delays to its delivery, French newspapers reported on Wednesday. Airbus has not have given Singapore Airlines a precise schedule for all the deliveries, La Tribune said. The order for nine A380s comes on top of a firm order of 10 aircraft signed last year by the airline. Airbus has revealed a string of internal problems which have led it to delay the first deliveries of its superjumbo A380 aircraft. Oct 19, 2006

Continental Airlines Quarterly Earnings Rise. Continental Airlines said third-quarter profit surged, boosted by the sale of a stake in Copa Airlines and higher fares. Oct 19, 2006

Southwest Airlines Q3 Earnings Fall. Budget carrier Southwest Airlines said third-quarter earnings fell as security concerns led to softer demand. Oct 19, 2006

Finnair Strike Goes Ahead. Finnish flag carrier Finnair said it was hoping to operate a limited service on Thursday after cabin crew walked out over a recruitment dispute. Oct 19, 2006

Qantas Won't Cancel Airbus A380 Order. Australia's Qantas Airways said it would not cancel its order for Airbus's new A380 superjumbo, despite a two-year delay in receiving its first planes from the order. Oct 19, 2006

The Spokesman ReviewOil prices rise as OPEC ministers gather to head of OPEC meeting. Oil prices rose slightly Thursday as markets awaited the outcome of OPEC's meeting to discuss a possible cut of 1 million barrels a day to prop up prices. Oct 19, 2006

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Oct 9, 2006
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Publication:Airguide Online
Date:Oct 19, 2006
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