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Business 20 Jul 2005 | 12:00 AM

Asiana Airlines, pilots union in talks, strike enters 4th day

Management and union leaders at South Korea's Asiana Airlines headed into talks Wednesday as the carrier braced for more disruptions to its international and cargo services from a pilots' strike that stretched into a fourth day.

Community 15 Jul 2005 | 12:00 AM

City Watch

Notices of events taking place in and around the Klang Valley.

Business 12 Jul 2005 | 12:00 AM

European markets end higher Monday

Utility and technology shares lifted European indexes to a higher close Monday, while airlines and carmakers got a boost as crude prices fell below US$59 a barrel.

Business 08 Jul 2005 | 12:00 AM

European markets sink after explosions in London

Stocks sank in Europe and the pound hit a 19-month low against the U.S. dollar after a series of explosions in London's transportation system, but analysts said market recoveries later in the day suggested the economic effects would be brief.

Business 28 Jun 2005 | 12:00 AM

European stocks end lower, pressure from record oil prices cited

European shares closed broadly lower Monday as pressure from record crude oil prices spread beyond traditionally oil-sensitive airline and automotive stocks to depress general market sentiment.

Business 04 Jun 2005 | 12:00 AM

Lufthansa and foundation own 96% of Swiss Air

German airline Lufthansa and the Almea Foundation now own 96% of Swiss International Air Lines via Switzerland-based AirTrust AG, Lufthansa and Swiss said in a statement yesterday.

Business 03 Jun 2005 | 12:00 AM

Delay of up to six months in A380 delivery

The Airbus I>A380 /I>may have overcome its weight problem, but the full cost of beating the bulge looked set to mount as the European aircraft maker confirmed delivery delays of up to six months.

Business 02 Jun 2005 | 12:00 AM

Airbus faces claims for compensation

Airbus SAS, the world's biggest maker of commercial aircraft, faces compensation demands from Singapore Airlines Ltd and Qantas Airways Ltd because of a six-month delay in delivering its new I>A380 /I>aircraft.

Business 01 Jun 2005 | 12:00 AM

Ryanair Q4 results better than expected

Ryanair Holdings Plc, Europe's biggest low-cost airline, posted a greater-than-expected fiscal fourth-quarter profit as passenger traffic increased and the company won customers from British Airways Plc.

Business 13 May 2005 | 12:00 AM

Lufthansa takes battle to low-cost carriers

Deutsche Lufthansa plans to launch a head-on battle against low-cost carriers in its crowded domestic market this summer, as it fights for customers in its core European business, company sources said.