Printer Friendly

Global News.

New York (USAsian Network Global News) Oct 7, 2012

Air New Zealand Air New Zealand adds capacity to California. Air New Zealand will add capacity to San Francisco (SFO), Vancouver (YVR) and Los Angeles (LAX) from Auckland (AKL) beginning April 2013. Approximately 5,000 return seats will be added as it increases AKL service to SFO (5X-weekly to daily), LAX (12X-weekly to 2X-daily) and YVR (2X-weekly to 3X-weekly). It will operate the AKL-YVR service 5X-weekly from mid-December to the end of February and will continue to operate a third LAX flight one day a week during peak demand periods in July and October. It expects the additional capacity to replace over 75% of the seats lost from the Calif. market following QantasO cancellation of its AKL-LAX service May 6. Oct 5, 2012

Airbus, Air China Aircraft News. Airbus has delivered the 100th A320 family aircraft assembled at its final assembly line in China. The A320 was delivered to Air China and will be deployed on domestic routes.

Oct 1, 2012

BOC Aviation, TUI Travel, Embraer BOC Aviation to lease two new E-190s to TUIOs Jetairfly. Singapore-based BOC Aviation will lease two Embraer E-190s to TUI Travel for its Belgian Jetairfly subsidiary. The aircraft will be delivered in the first half of 2013. The aircraft, which will be configured with 112 slimline seats in a single-class layout, will provide more capacity on lower-demand routes. Jetairfly chairman Elie Bruyninckx said, OWith the E-190, we can reduce the number of costly triangle and intermediate-stop flights that are necessary with our larger airplanes to consolidate loads in smaller markets. That means more nonstop flights and shorter travel times for our passengers.O Oct 1, 2012

China Airlines, SkyTeam China Airlines joins SkyTeam Cargo. China AirlinesO cargo division became the 10th member of SkyTeam Cargo Wednesday. The Taipei-based carrier joined SkyTeam Alliance in September 2011. CI SVP James Yu said, OCompleting all the prerequisites and joining as an official member of SkyTeam Cargo is by no means a closure, but the beginning of a E journey.O SkyTeam Cargo executive Tony Charaf said the new membership will Osignificantly strengthen our global reach. With its extensive route network throughout Asia, Europe, North America and Oceania and strong exposure in the cross-strait market, China Airlines will certainly enhance the network and opportunities of the alliance.O CI operates 51 passenger jets and 21 Boeing 747-400 freighters. Oct 4, 2012

Delta Air Lines, Korean Air Delta Air Lines, Korean Air are in talks to strengthen alliance. Delta Air Lines and Korean Air are in talks to revamp their decade-old joint marketing alliance into something stronger. Specific moves being discussed have not yet been revealed by the companies. The existing agreement allows both airlines to cross-sell seats and has some limited protection from antitrust laws. Oct 5, 2012

HondaJet N.C. facilities expand for new fleet of HondaJets. In order to ready its N.C. operation for the coming fleet of HondaJets, Honda Aircraft Co. is starting construction of a maintenance, repair and overhaul building. "The 90,000-square-foot $20-million building will support up to 12 aircraft at a time," this feature says, as well as provide space for workshops, a pilot's lounge and a flight-planning area. "It is my commitment to build the best maintenance, repair and overhaul facility to serve the HondaJet customer," said Honda Aircraft CEO Michimasa Fujino. Oct 2, 2012

IATA IATAOs Poole named DG of CANSO Jan. 1. IATAOs Jeff Poole has been named director general of the Civil Air Navigation Services Organization (CANSO) Jan. 1. The organization has been without a permanent DG since the departure of Graham Lake in July; Samantha Sharif was named interim DG. Poole is currently IATA director-Government and Industry Affairs, a position he has held since May 2011. Prior to that, he was IATA director-Industry Charges, Fuel and Taxation. He joined IATA in February 2004 following a career at Airbus in Toulouse and in the defense industry with BAE Systems. Poole said: "I have long been an advocate of the need for CANSO to take a more proactive and leading role on behalf of its members and to be a stronger driver of positive and urgent change in the ATM industry as a whole.O IATAOs Jeff Poole has been named director general of the Civil Air Navigation Services Organization (CANSO) Jan. 1. The organization has been without a permanent DG since the departure of Graham Lake in July; Samantha Sharif was named interim DG. Poole is currently IATA director-Government and Industry Affairs, a position he has held since May 2011. Prior to that, he was IATA director-Industry Charges, Fuel and Taxation. He joined IATA in February 2004 following a career at Airbus in Toulouse and in the defense industry with BAE Systems. Poole said: "I have long been an advocate of the need for CANSO to take a more proactive and leading role on behalf of its members and to be a stronger driver of positive and urgent change in the ATM industry as a whole.O Oct 3, 2012

IATA IATA raises global airline profit forecast. The International Air Transport Association has raised its 2012 profit forecast for the world's airlines. Global carriers are expected to show $4.1 billion in profit, up from the $3 billion predicted earlier. The change is a result of steady demand in Asia and capacity-reducing measures increasing margins for North American airlines. The association's report also shows a preliminary forecast for stronger performance in 2013. Oct 2, 2012

Kingfisher Airlines Kingfisher faces potential license withdrawal. IndiaOs Director General of Civil Aviation (DGCA) on Friday issued a show-cause notice to the cash-strapped Kingfisher Airlines (IT), requiring it to demonstrate why it should keep its operating license. The carrier stopped flying Monday when employees, who have not been paid for seven months, disrupted flights. The regulator has given the airline 15 days to come up with a plan or its license could be temporarily suspended or canceled. In a statement, IT VP-communications Prakash Mirpuri confirmed IT received the notice, saying the carrier will send a Odetailed response to the DGCA well in time. We will also submit a comprehensive plan for restoration of services after negotiations with our employees.O IT has been battling high debt and low revenues since its inception in 2006. The airline, which at one time had the largest domestic market share, has been rapidly declining and is now the smallest Indian carrier. IT reported increased losses of INR6.51 billion ($117 million) for the April-June quarter on revenues that plummeted to INR3 billion compared to INR19 billion in the second quarter last year. The carrier has debts close to $1.4 billion. IndiaOs airline analysts say the regulator should have intervened much earlier. IT has a fleet of about 42 aircraft, down from 66 a year ago. Oct 5, 2012

Kingfisher Airlines Kingfisher cancels flights due to engineers strike. Kingfisher AirlinesO (IT) engineers went on strike Sunday over nonpayment of salaries. Four flights were canceled from Delhi and five others were delayed up to 30 minutes on Sunday, according to Indian news agency PTI. However, Reuters reported all flights were canceled Monday due to safety issues and IndiaOs Civil Aviation Ministry will meet with IT executives Tuesday. The strike is the latest in a series of labor troubles for the carrier. In July, IT pilots, who had not been paid since February, went on strike. With the majority of its 65-aircraft fleet grounded, the debt-laden airline has been operating on a curtailed schedule for about 10 months. IT reported increased losses of INR6.51 billion ($117 million) for the April-June quarter on revenues that plummeted to INR3 billion compared to INR19 billion in the second quarter last year. In August the government changed its policy allowing foreign airlines to invest up to 49% in Indian carriers. ITOs lendersO consortium, mostly Indian banks, has given airline promoter Vijay Mallya about four weeks to come up with a revival plan. It appointed SBI Capital Markets to work out a restructuring plan with Mallya. It is still not clear which international airline would be interested in taking on the challenge. The Indian government has stopped giving operating licenses to new airlines until the industry gets into better shape. Any potential suitor must choose between the five privately owned carriers in the country. Low-cost carriers Go Air and SpiceJet are looking for investors. Government-owned Air India is not open to foreign investors. Speaking at the airlineOs annual general meeting in Bangalore last week, Mallya said, OThe airline is in talks with foreign carriers as well as domestic investors to sell a stake.O Three days later, Mallya whose liquor business is under threat because of ITOs nearly $2 billion debt, tweeted his resolve to work things out: OThe media are having a great time slamming me. Let them continue their wild and inaccurate speculation. I will prove all of them wrong.O Oct 1, 2012

Kingfisher Airlines Kingfisher declares partial lockout. Kingfisher Airlines (IT) on Monday declared a partial lockout and suspended all flights for the next three days. The decision came after a strike by a section of its employees made operations difficult. In a statement explaining its move, the airline said it has been forced to take the action after a series of Oprotracted and unabated incidents of violence, criminal intimidation, assault, wrongful restraint and other illegal acts," including refraining from attending work by a small section of recalcitrant employees.O Actions by the employees who have regrettably chosen to take law into their own hands forcing a complete paralysis of operations were unnecessary and unprovoked, the airline statement said. It has been decided that flight operations will be suspended until Oct. 4. At a meeting with striking engineers, IT CEO Sanjay Aggarwal said the airline did not have the funds to pay salaries but it was in negotiations with potential investors to bring in money. Earlier Monday, IT had issued a statement saying it was anticipating delays and flight disruptions. This was Obecause a section of employees had not been reporting to work over the last fortnight and over the past two days, and have been threatening and even manhandling the other employees who are reporting to work,O the statement said. Oct 1, 2012

Mitsubishi Mitsubishi UFJ Lease & Finance acquires Jackson Square Aviation. JapanOs Mitsubishi UFJ Lease & Finance (MUL) has purchased San Francisco-based lessor Jackson Square Aviation (JSA) as it continues it expansion program. MULOs growth plans involve acquiring international transport assets including aircraft, ships and freight cars. As part of this policy it is buying JSA International Holdings for approximately $1.3 billion. In a statement, JSA said it had 76 aircraft on its books, valued at more than $4 billion. The fleet is primarily composed of narrowbody Boeing and Airbus models, leased to 23 carriers. MUL said JSAOs attractions included the quality of the latter companyOs management. JSAOs president and CEO Richard Wiley said, OHaving the support of another major international financial services company enables us to continue to provide our airline customers with new capital to finance their next-generation deliveries.O JSA expects the transaction to close by year end, pending regulatory approvals. Oct 5, 2012

Pan Pacific Singapore Pan Pacific Singapore reopens after extensive renovation. The 790-room Pan Pacific Singapore has reopened following an $80 million renovation that took more than five months to complete. The hotel had been closed since April. The renovated lobby now features mobile check-in technology. When guests arrive, hotel employees personally attend to them and handle the check-in process via an iPad. The lobbyOs centerpiece is the 72-foot-long Atrium bar, where guests can enjoy a drink while being checked in. Each redesigned guestroom has a workspace with an ergonomic Herman Miller desk chair and a bathroom with Hansgrohe fittings. The Pacific Club now occupies the top floor of the hotel, providing panoramic views of the Marina Bay district and the South China Sea. The club is open 24 hours and serves refreshments and cocktails. Pan Pacific said the hotelOs signature restaurant, Hai Tien Lo, serves traditional Cantonese fare Owith a contemporary twist.O Edge, a restaurant with seven open kitchens, is a Otheatrical and interactive dining space that offers a culinary journey of the region and the Pacific Rim,O Pan Pacific said. Oct 3, 2012

Philippine Airlines, Airbus Philippine Airlines orders 10 more A330s. Philippine Airlines (PAL) has placed a firm order with Airbus for an additional 10 A330-300s. The new order follows a deal announced in August for 44 A321s and 10 A330s under the carrierOs fleet modernization program. For its latest order PAL has selected the 240 tonne high gross weight, extra range version of the A330. This will enable the airline to operate the aircraft nonstop from Manila to any destination in the Asia-Pacific region, as well as to the Middle East and as far as Honolulu in the US. OThis additional order will complete our current medium- to long-range requirements under our fleet modernization program,O PAL chairman Lucio Tan said. Oct 1, 2012

Samsung Judge puts Galaxy Tab back on market; Samsung sues over iPhone. Samsung Electronics won a victory in the patent wars Monday when a federal judge lifted her ban on U.S. sales of the Galaxy Tab 10.1 tablet, although she could reimpose the prohibition after a December court hearing. Judge Lucy Koh made the move after a jury cleared Samsung of patent violations in regard to the tablet. In other patent news, Samsung amended an existing lawsuit against Apple to add the new iPhone 5. Oct 2, 2012

Sony Sony is ahead of schedule on reviving its TV business, CEO says. Sony is picking up speed in its efforts to turn around its loss-ridden television business, said CEO Kazuo Hirai, pointing to the company's introduction of an 84-inch, 4K Bravia model that will go on sale in Japan next month. The company remains "mindful of our cash position" as it invested $639 million in Olympus and makes acquisitions, Hirai said. Oct 4, 2012

Sony Vizio brings out LED HDTVs for holiday shopping. Vizio has introduced the Razor line of high-definition televisions, with screen sizes ranging from 55 inches to 70 inches. The sets incorporate light-emitting diode technology and come with the Vizio Internet Apps service, which includes Amazon Instant Video, Hulu Plus, Netflix and YouTube. Oct 3, 2012

Tiger Airways Tiger Airways launched 5X-weekly Singapore (SIN)-Hyderabad service Sept. 28 and daily SIN-Phnom Penh Airbus A320 service Oct. 1. Oct 4, 2012

Turkish Airlines Turkish Airlines will launch Istanbul (IST) service to Sebha, Libya (3X-weekly, Oct. 7), Sharm el Sheikh (4X-weekly, Oct. 9), Hurghada, Egypt (3X-weekly, Oct. 17) and Sana-Aden, Yemen (3X-weekly, Oct. 2). Oct 4, 2012

Virgin Australia Virgin Australia will increase 17X-weekly Brisbane (BNE)-Emerald ATR 72 service to 24X-weekly Oct. 29. It will also increase 14X-weekly BNE-Newcastle Fokker 100 service to 19X-weekly Nov. 12 and 35X-weekly BNE-Rockhampton ATR 72 service to 40X-weekly Nov. 12. Oct 3, 2012 2154-2260

ZZ USAsianNetwork 121008

ISSN 2154-2260 - Copyright [c] 2012 USAsianNetwork / GMMI & Pyramid Media Group, Inc. All rights reserved.
COPYRIGHT 2012 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:USAsian Network News & Business & Industry News
Geographic Code:1U9CA
Date:Oct 8, 2012
Words:2520
Previous Article:Global News Alert.
Next Article:Global News Alert.
Topics:

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |