by | Nov 5, 2010 | Towing
A flawed part or design failing may have caused the engine on board a Qantas Airways (QUBSF) Airbus A380 to explode in mid-air, Qantas CEO Alan Joyce said.
The explosion on a Thursday flight from Singapore to Sydney, Australia scattered debris across…
by | Nov 4, 2010 | Towing
Airbus SAS and Rolls-Royce Group launched an investigation into why an engine on a Qantas Airways (QUBSF) A380 exploded while the plane was in the air, forcing an emergency landing in Singapore.
Investigators from aviation authorities in France, Aust…
by | Nov 4, 2010 | Towing
NetJets, a private aviation company selling fractional ownership in its planes, announced Thursday that it would buy Marquis Jet, a private jet cards company that sells the use of NetJets’s planes in 25-hour blocks. Marquis Jet…
by | Oct 29, 2010 | Towing
British Airways (BAIRY) posted its first quarterly profit in two years thanks to higher ticket prices.
The company reported earnings of 229 million pounds ($365 million) for the quarter ended Sept. 30, compared with a loss of 111 million pounds a year earlier, according to Bloomberg News.
Sales rose 18% to 2.51 billion pounds.
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British Airways said that yields – a measure of…
Continue reading British Airways Reports First Quarterly Profit in Two Years
British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.
Filed Under: Earnings, Retail
by | Oct 25, 2010 | Towing
Japan and the U.S. signed a treaty that will reduce barriers to flights between the countries and encourage collaboration between the countries’ airlines, Bloomberg News reported.
“I am optimistic that we will see an increase in the numbers of passengers traveling between our countries,” said U.S. Ambassador John Roos, after signing the treaty in Tokyo.
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The treaty will reduce…
Continue reading Japan, U.S. Sign Treaty to Boost Air Travel
Japan, U.S. Sign Treaty to Boost Air Travel originally appeared on DailyFinance on Mon, 25 Oct 2010 08:47:00.
Filed Under: Company News, Stocks in the News