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MAS girds for A380 deliveries
MALAYSIA Airlines (MAS) is expected to spend in excess of RM700mil over a three-year period beginning 2006 on infrastructure and equipment to prepare itself to take delivery of six super jumbo A380 aircraft its parent, Penerbangan Malaysia Bhd (PMB), had ordered from Airbus.
US Airways Group files for bankruptcy again
US Airways Group Inc sought bankruptcy on Sunday for the second time in two years, squeezed by low-cost rivals, soaring fuel prices and a failure to win new labour concessions.
Hauliers to impose FAF surcharge
Malaysia#8217;s container hauliers will impose a fuel adjustment factor (FAF) surcharge on their customers because of the continued high fuel prices.
Bus operators asking for 40% increase in fares
Hit by the escalating cost of diesel and spare parts, bus operators are asking for fare increases ranging from 30% to 40% on all routes.
SMIs hope tax perks will remain
THE SMI Association of Malaysia is confident the Government will table a pro-business budget that will ensure the continued growth and development of the country's small- and medium-scale industries and enterprises (SMIs and SMEs).
MASkargo: Revenue can hit RM500m
Malaysia Airlines Cargo Sdn Bhd (MASkargo), the profitable freight carriage and handling unit of the national carrier, is banking on its burgeoning transhipment business to push revenue up by more than RM500mil or 25% for the financial year ending March 31, 2005.
Melbourne Airport buys Proton Jumbucks
Proton I>Jumbucks/Iwill carry works supervisors around Melbourne Airport where runways and taxiways are being prepared for the arrival of the next generation I>Airbus A380/Iairliner.
News in brief
News briefs, including from Shanghai that China's second largest motor vehicle group, Shanghai Automotive Industry Corp (SAIC), confirmed yesterday it has signed a strategic alliance agreement with British carmaker MG Rover.
United Airlines parent reports US$6m July profit
United Airlines' parent company said in a bankruptcy-court filing Thursday that it eked out a $6 million net profit last month during the middle of the busy summer travel season.
