Tag: air carriers

• Saturday, December 17th 2011 - 03:40 UTC

  Satellite picture of China’s first aircraft carrier in sea trials

  

  A commercial US satellite company says it has managed to take a picture of China's first aircraft carrier during its sea trials in the Yellow Sea. If confirmed, it would be the first known photo of the former Soviet vessel recently refitted by Beijing.

• Tuesday, December 13th 2011 - 23:28 UTC

  Fearing EU banking crisis, IATA downs drastically airline 2012 profits forecast

  

  The International Air Transport Association (IATA) announced revisions to its industry outlook with profitability for 2011 remaining weak but unchanged at 6.9 billion dollars for a net margin of 1.2%.

• Monday, December 5th 2011 - 22:20 UTC

  Chilean carrier launches fourth affiliate Lan Colombia

  

  LAN Airlines, Chile’s flag carrier made the official launching of its fourth affiliate under the name of Lan Colombia, becoming the second largest airline in the country with 22 domestic destinations, including Cartagena, Cali and Medellín.

• Wednesday, October 5th 2011 - 08:08 UTC

  Latam’s largest airline merger project appeals several anti-trust conditions

  

  Chile's LAN Airlines and Brazilian carrier TAM have appealed to Chile's top court some of the conditions imposed on their planned merger as the companies push ahead to create one of the world's biggest airlines.

• Monday, October 3rd 2011 - 22:08 UTC

  Aerolíneas Argentinas among the top short list of money loosing air carriers

  

  Aerolíneas Argentinas is estimated to have lost in the last twelve months 486 million dollars which puts her among the air carriers with greatest losses in the world. Only Air India, also government managed, but with 30.000 staff (three times her Argentine counterpart) dilapidated 1.2 billion dollars and Kuwait Airways, 564 million dollars

• Thursday, September 22nd 2011 - 08:04 UTC

  Air transport industry profits improving but still ‘exceptionally low”, says IATA

  

  IATA, (International Air Transport Association) announced an upgrading of its industry profit expectations to 6.9 billion dollars, up from 4 billion projected in June. IATA emphasized that, despite the improvements, profitability at these levels is still exceptionally weak (1.2% net margin) considering the industry’s total revenues of 594 billion dollars.

• Tuesday, May 3rd 2011 - 17:55 UTC

  Boeing forecasts Latam air-carriers will require 2.180 airplanes in next 20 years

  

  Boeing forecasts that air carriers in Latin America will require 2,180 new airplanes worth approximately 210 billion US dollars over the next 20 years as air travel in the region out paces the world average.

• Monday, February 28th 2011 - 01:09 UTC

  LAN raises international air fares between 8% and 12%

  

  Chile’s main airline LAN announced Friday it would raise its international air fares by between 8 and 12” because of higher global oil prices.

• Sunday, January 2nd 2011 - 23:33 UTC

  Air traffic growth moderates: begins to expand at historic rates, says IATA

  

  International scheduled air traffic results for November showed an 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight, according to the latest report from the International Air Transport Association (IATA).

• Sunday, September 12th 2010 - 06:41 UTC

  Public debate erupts in UK over the building of two (one?) air carriers

  

  British Ministry of Defence revealed that contracts worth about £1.25bn have been awarded for building two aircraft carriers even though the project may not go ahead, figures have revealed. The figures came in answer to a parliamentary question by a Labour MP.