News from FlightGlobal – Page 1673
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News
US Airways gets surprise cash injection
Regional carriers emerged as the surprise backers of US Airways, giving it much of the support it needs to exit bankruptcy reorganisation.
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Results improve despite high fuel price
European carriers appear to be riding out the storm caused by the fuel price hike, while Asia-Pacific carriers continue to prosper
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Pile high – sell cheap?
Manufacturers have been raising production rates in prospect of growing demand, especially in the key narrowbody sector. But how will prices hold up, asks Chris Tarry of CTAIRA
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JAL aims for consistency
Japan Airlines (JAL) is stepping up its cost-cutting efforts and axeing more jobs as part of a three-year corporate plan to be consistently profitable after years of wide swings between profit and loss.
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MAS and SIA forge surprise new pact
In an apparent response to challenges from new low-cost airlines and liberalisation in South-East Asia, arch rivals Malaysia Airlines (MAS) and the Singapore Airlines (SIA) Group are teaming up through a ground-breaking codeshare deal.
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Australia pushes for Singapore fifths
Australia is not willing to sign an open skies accord with Singapore until it can ensure more European nations allow Qantas or other Australian airlines to carry traffic between Singapore and Europe.