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- Edition: 1508
Headlines
Contents WestJet plans to buy 65 Boeing 737 MAX jets
WestJet Airlines said it plans to buy 65 new Boeing 737 MAX jets valued at about US$6.3 billion, one of the airline's biggest aircraft orders ever, as it ratchets up competitive pressure on rival Air Canada, reported The Globe and Mail.
China Eastern profit down 23%
China Eastern Airlines' first half net profit fell 23 percent to US$124.71 million from $162.58 million in the same period a year earlier due to weak domestic demand for air travel. The Shanghai-based carrier posted a net foreign-exchange gain of $191.
Lufthansa freight business fails to pick up
Lufthansa's air freight business failed to pick up over the summer period although overall business was "decent", chief executive Christoph Franz told Frankfurter Allgemeine Sonntagszeitung.
Judge sets trial date for US airline merger challenge
A Washington, DC, federal judge has set a November 25 trial date for the Justice Department's anti-trust challenge to the proposed merger of US Airways Group and American Airlines parent AMR Corp, reported Dow Jones Newswires.
Lion Air building aircraft maintenance centre near Singapore
Indonesian budget carrier Lion Air is building a US$250 million aircraft maintenance facility on an island that is a 45-minute ferry ride from Singapore, in a plan to eventually grab some of the city-state's bustling business for repairing planes,
Delta, Virgin venture gets initial anti-trust nod
Delta Air Lines secured tentative approval for its planned transatlantic alliance with Virgin Atlantic Airways after US officials concluded it would likely boost competition, reported Dow Jones Newswires.
Etihad expects Jet Airways deal to be cleared soon
Etihad Airways expects a US$600 million investment in Jet Airways to be cleared by Indian authorities imminently, as it further extended a deadline for regulatory approval that ended on August 31, reported Reuters.
Global Ports buys container terminal firm NCC
London-listed Russian ports operator Global Ports said it had agreed to buy 100 percent of National Container Company (NCC), which owns container terminals and a dry port in the St Petersburg area, reported Reuters.
Egypt foils terrorist
attack on Cosco ship
Egypt's military increased security in the Suez Canal after foiling a "terrorist''attack on China's 10,000 TEU containership Cosco Asia, the head of the canal authority Mohab Memish said.
| | Schenker receives key to new headquarters
Karl-Friedrich Rausch, member of the management board of DB Mobility Logistics responsible for transportation and logistics, recently received the symbolic key to the new DB Schenker building in Frankfurt's Gateway Gardens from the builders Dr Alois
New boss at DP World Australia
Senior Aurizon executive Paul Scurrah has been appointed chief executive of DP World Australia, the country's second-largest ports operator, reported The Australian Financial Review.
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