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Business 04 Feb 2013 | 12:00 AM

JAL says nine-month net profit slips, ups year forecast

TOKYO: Japan Airlines (JAL) on Monday said that its net profit in the nine months to December slipped 3.7 percent to $1.52 billion, but the carrier boosted its full-year profit estimate.

Business 04 Feb 2013 | 12:00 AM

ANA in talks with Boeing to speed up deliveries

tOKYO: Japan’s All Nippon Airways (ANA) is in talks with US aircraft maker Boeing Co to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, according to the Nikkei newspaper.

Business 01 Feb 2013 | 12:00 AM

ANA counts cost of grounded 787

TOKYO: All Nippon Airways Co (ANA), the launch airline for Boeing Co’s 787 Dreamliner jet that has been grounded with undiagnosed battery problems, said it lost more than US$15mil in revenue from having to cancel flights this month.

Business 01 Feb 2013 | 12:00 AM

Airbus says it has a "Plan B" for A350 jet batteries

TOULOUSE, France: Airbus has studied alternatives to lithium-ion batteries for its next jet, the A350, and has time to adapt to any rule changes prompted by the problems that have grounded Boeing Co's 787 Dreamliner, its top executive said.

Business 06 Oct 2012 | 12:00 AM

Kingfisher extends fleet grounding

MUMBAI: Indias embattled Kingfisher Airlines Ltd will ground its fleet for another week after failing to resolve an impasse with staff over salaries that have not been paid for more than half a year.

Business 04 Aug 2012 | 12:00 AM

Seven habits that lead to success

Joan Hoi describes how the late StevenCoveys ideas have impacted her workinglife.

Business 09 Jun 2012 | 12:00 AM

Qantas shares plunge on S&P move

SYDNEY: Shares in flagship Australian airline Qantas dropped below A$1 (98.5 US cents) for the first time since the carrier’s float in 1995 after it was put on credit watch by Standard & Poor’s (S&P).

Business 06 Jun 2012 | 12:00 AM

Qantas warns of loss

SYDNEY: Australia’s Qantas Airways is set to post its first annual net loss since it was privatised in 1995, blaming deep losses at its international operations, weak travel demand and soaring fuel costs, sending its shares to a record low.

Business 21 May 2012 | 12:00 AM

Qantas to cut another 500 maintenance jobs

MELBOURNE (Reuters) - Australia's top airline Qantas Airways said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high fuel costs and weak demand take a toll on airline profits.