ATW Daily News
China Eastern gets additional CNY4 billion from Beijing
Tuesday January 6, 2009The Chinese government injected an additional CNY4 billion ($584.5 million) into China Eastern Airlines on top of the CNY3 billion provided last month in an effort to help the carrier work through its financial difficulties. [ more ]
Air New Zealand conducts 747-400 biofuel test flight
Tuesday January 6, 2009Air New Zealand operated a 2-hr. 747-400 biofuel test flight from Auckland on Dec. 29 using a 50/50 blend of jatropha-based fuel and standard jet fuel to power one of the aircraft's Rolls-Royce RB211s. [ more ]
Aeroflot forecasts brighter 2009
Tuesday January 6, 2009Aeroflot said it plans to post a profit of RUB9.3 billion ($316 million) this year, which would be "higher than the expected level of 2008," as it moves forward with a plan and budget "taking into account the anti-crisis-management program aimed at increasing the efficiency of the operational and commercial activity." [ more ]
Qantas suffers second A330 ADIRU failure
Tuesday January 6, 2009The mystery surrounding what is now dubbed the Ningaloo Triangle centered at Western Australia's North West Cape near Exmouth deepened last week when it was confirmed that Qantas experienced a second air data inertial reference unit failure in just four months in the area (ATWOnline, Nov. 17, 2008). [ more ]
Today's Other Headlines
Tuesday January 6, 2009- Southwest to save $1.4 billion on reduced fuel hedges
- Airbus meets A380 delivery goal, sees production increase this year
- GKN launches A350 activities at Filton
Notice to Readers
Wednesday December 24, 2008In observance of the Christmas and New Year holidays, the next edition of Daily News will appear on Tuesday, Jan. 6. [ more ]
'Rattling' sound, takeoff abort anchor Continental investigation
Wednesday December 24, 2008Accident investigators are looking into what caused the pilots of a Continental Airlines 737-500 to abort takeoff on Saturday evening in Denver, where the aircraft veered from the runway into a ravine in an accident that destroyed the plane and injured 38. [ more ]
HNA, Grand China, SAL join rush for government aid
Wednesday December 24, 2008HNA Group subsidiary Grand China Express Airlines is expected to receive a CNY200 million ($29.1 million) injection from the Tianjin municipal government following the signing of an agreement yesterday. [ more ]
Brussels looks to redefine itself ahead of LH acquisition, Star entry
Wednesday December 24, 2008Brussels Airlines is considering repositioning itself again as a full-fledged network airline and reintroducing a business class on its European network, steering away from the "new generation carrier" concept introduced in March 2007 when it merged the operations of full-service SN Brussels Airlines with low-cost Virgin Express, a company source told ATWOnline. [ more ]
Today's Other Headlines
Wednesday December 24, 2008- AirAsia scuttles Jetstar rumors as Qantas continues search
- Austrian faces drop in passengers, but not in share price
- THY's Bosnian acquisition finalized
Continental 737 recorders yield 'good data'
Tuesday December 23, 2008Five passengers remained in the hospital yesterday as the US National Transportation Safety Board's Go Team continued to investigate the Saturday evening crash of a Continental Airlines 737-500 that veered from Denver International Airport's runway 34R while on its takeoff roll, crossed a field and a taxiway, careened down a 40-ft. hill and caught fire. [ more ]
Virgin hopes to create 'true network carrier' at LHR with bmi mainline acquisition
Tuesday December 23, 2008Virgin Atlantic Airways is not interested in acquiring bmi regional or bmibaby and is negotiating with Lufthansa solely about the acquisition of bmi's mainline operation at London Heathrow, Virgin CFO Julie Southern confirmed to ATWOnline. [ more ]
BA orders 11 E-jets for CityFlyer
Tuesday December 23, 2008British Airways placed a firm order for six E-170s and five E-190SRs, plus options on a further three 190SRs, for its wholly owned BA CityFlyer regional subsidiary. [ more ]
A look back at 2008: Fuel, fees and fear made it a year many would like to forget
Tuesday December 23, 2008News from Travel Technology Update: There's no way to prettify it: 2008 has been an annus horribilis, probably the worst economic mess since the Great Depression of the 1930s. [ more ]
Today's Other Headlines
Tuesday December 23, 2008- Australia charges SIA Cargo with price-fixing
- LH Cargo to cut capacity 10%, end World Airways partnership
- US DOT proposes reduced flight caps at LaGuardia
Aer Lingus to open Gatwick base as Ryanair continues pursuit
Monday December 22, 2008Aer Lingus will establish its first base in Great Britain in April at London Gatwick, with four A320s operating to Dublin, Knock, Malaga, Munich, Zurich, Nice, Faro and Vienna. [ more ]
First 787 to roll out for repaint in February, fly in April
Monday December 22, 2008Boeing 787 watchers will see some "action" at the Everett plant by mid-to-late February, insiders say, with word from the factory floor indicating that the first aircraft, ZA001, will have all fastener issues resolved by the end of this month and will be rolled out for repainting at the end of February. [ more ]
FAA downrates Israel to Category 2
Monday December 22, 2008In a major blow to US-Israel aeropolitical relations, FAA Friday announced that it was downgrading Israel's aviation safety standard to Category 2 under the agency's International Aviation Safety Assessment program. [ more ]
Beijing cuts domestic fuel prices for airlines again
Monday December 22, 2008The Chinese government cut the domestic fuel price 32% to CNY5,050 ($736.49) per ton from CNY7,450, effective last Friday, marking the sixth time this year Beijing has adjusted the domestic price. [ more ]
Today's Other Headlines
Monday December 22, 2008- ANA delays plans for large aircraft order, citing market conditions
- Etihad mulls Air Berlin stake
- Volvo Aero claims success with LPC for VITAL engine program
BA/Qantas merger talks fizzle
Friday December 19, 2008As expected, merger talks between Qantas and British Airways ended without any agreement just two weeks after the oneworld partners formally confirmed their discussions of a tie-up via a dual-listed company structure. [ more ]
ICAO reports traffic growth of just 1.8% in 2008, forecasts huge operating loss
Friday December 19, 2008ICAO reported yesterday that preliminary traffic figures show that scheduled airline traffic (RPKs) for airlines of the ICAO member states rose just 1.8% in 2008 compared to 2007, a significant slowdown following the 7.1% rise in 2007 over 2006. [ more ]
SAS agrees to unload stakes in airBaltic, Spanair
Friday December 19, 2008SAS Group's restructuring took a significant step forward yesterday with announcement of the sale of its airBaltic stake and a new majority investor in Spanair. [ more ]
Reactions vary to CAAC's call to 'cancel or delay' aircraft orders
Friday December 19, 2008Chinese carriers have had mixed reactions to CAAC's recent call to "cancel or delay" 2009 aircraft orders as a part of an effort to lift the domestic airline industry out of its current difficulties. [ more ]
Today's Other Headlines
Friday December 19, 2008- FedEx posts 3% profit increase, warns of 'very difficult' environment
- Second Rolls-powered 777 experiences uncommanded engine rollback
- THY delays aircraft order
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