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Look to Asia, US carriers told

US carriers bleeding red ink have been urged to look to Asian, European and Middle Eastern airlines for profitable models.

 

AviationRecord.com publishes the latest and breaking aviation and airline industry news from around the world online with a special focus on the latest and breaking aviation and airline news from Asia, Oceania and the Gulf regions. 

 
Latest News
Australian regulator to block Air NZ-Canada pact

The competition watchdog believes a business deal between Air New Zealand and Air Canada could hurt Australian consumers.

Qantas to launch new WA service

Qantas says it will offer a twice-weekly Kalgoorlie-Adelaide service from March 1.

Lion Air signs up for 10 planes

French aircraft manufacturer ATR and Indonesia's Lion Air have signed a memorandum of understanding for 10 aircraft with options for a further 10.

Siem Reap Airways ban being contested

An Asia-wide specialist travel company has recommended that travel agents offer their clients the alternative of a six-hour road transfer rather than book flights between Phnom Penh and Siem Reap.

Tiger offering 'free' tickets

To mark its first anniversary of flying in Australia, Tiger Airways has launched a "free ticket" promotion.

Fuel prices dump Philippine Airlines in red

Philippine Airlines has revealed that an unprecedented surge in fuel prices left it with a loss of US$113.8 million during the fiscal first-half.

BAE Systems secures African jet deal

BAE Systems is to supply three BAe 146-200 regional jetliners to Air Congo Limited of Brazzaville, Republic of Congo.

Rex takes profit hit

Australian listed regional carrier Regional Express Holdings says it is well prepared to weather the global economic downturn after delivering a dip in profit for the first quarter.

Air NZ axes 200 jobs

Air New Zealand is to axe up to 200 full-time jobs as capacity drops.

New image for Air Mauritius

The new look includes what the carrier describes as "a modernised and vibrant logotype which symbolises the airline's new ambitions".

Qantas set to cede NZ routes to Jetstar

Qantas is laying the groundwork to hand over at least part of its domestic New Zealand network to budget offshoot Jetstar, experts have told The Dominion-Post newspaper.

Banks fund Jazeera aircraft

Budget carrier Jazeera Airways has signed a deal worth US$70 million with European banks DVB and Natixis Transport Finance to fund the purchase of two Airbus A320 planes that have already been delivered.

Wataniya completes recruitment

Wataniya Airways, the Gulf region’s new premium service airline, says it has finished recruiting procedures for the pilots and cabin crew it requires to launch its operations in 2009 – attracting talent from all over the world.

Hawker Pacific to open Dubai avionics facility

Aircraft sales, services and product support company Hawker Pacific plans to expand its avionics business into Dubai.

Jet gains RNAV certification

Jet Airways has become the first airline in India to obtain regulatory approval for the use of RNAV1 (Area Navigation) across its entire jet aircraft fleet.

Towed Qantas 747s collide at airport

Two Qantas planes, including one damaged in a mid-air explosion in Manila in July, have collided at a maintenance base.

Autogrill/Alpha acquires Pantaloon share

The Alpha Group has announced that it has reached an agreement with Indian retail operator Pantaloon Retail to acquire the latter's 50% stake in Alpha Future Airport Retail, a 50-50 joint venture established in 2006 to operate duty free outlets at New Delhi international airport.

 
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