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Air China's first half features falling profit, operating loss

Thursday August 28, 2008

Air China's first-half net income fell 20.7% to CNY1.24 billion ($180.8 million) on surging oil prices and softening traffic resulting from May's Sichuan earthquake and heightened security surrounding the recently completed Olympics. [ more ]

While waiting for 787, Qantas turns attention to 777-300ER

Thursday August 28, 2008

Qantas is understood to be moving toward an order for the 365-seat 777-300ER as Boeing pulls out all stops to thwart a commitment to the rival A350-1000. [ more ]

Spanair MD-82's engines recovered, to be studied for thrust problems

Thursday August 28, 2008

Spanish authorities have recovered the engines of the Spanair MD-82 that crashed on takeoff last week and will disassemble them "screw by screw" to try to determine whether a thrust problem contributed to the accident, the head of the crash investigation said yesterday. [ more ]

China Eastern narrows first-half loss, plans fleet expansion

Thursday August 28, 2008

China Eastern Airlines posted a net loss of CNY212.5 million ($31 million) in the 2008 first half, narrowed from a CNY305.6 million deficit in the prior-year period, on a 6.6% lift in operating revenue to CNY20.31 billion. [ more ]

Today's Other Headlines

Thursday August 28, 2008

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ATWOnline In-Depth

'Rational' fare wars: Brazil's airlines regain footing, prepare for battle with startup Azul

Brazil's commercial aviation industry has gone through a tumultuous period over the past couple of years, but it is still viewed as one of the world's strongest air transport growth markets. TAM, Gol and new entrant Azul are preparing for one of the fiercest battles in the global airline business in 2009 and beyond, a three-way faceoff that holds potentially great rewards for the victor or victors but also could prove perilous. MORE


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New generation aircraft communications: the airlines' challenge
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