U.S. Airline Sector Slumps as Swine-Flu Cases Increase
from The Wall Street Journal
 Airlines shares fell Monday as fear mounted that the swine-flu outbreak that started in Mexico could spread globally and lead to a sharp drop in air travel at a time when carriers already are struggling to cope with recession. Governments around the world are seeking to contain the spread of the virus after outbreaks in Mexico, the U.S. and Canada. In the U.S., where 20 people are confirmed to have caught the virus, a public health emergency has been declared. More
Asia-Pacific Airlines Post $4.3 bln Losses in 2008
from Forbes
Asia-Pacific airlines suffered deeper-than-expected losses of $4.3 billion last year due to sharply higher fuel costs and dwindling demand amid the global economic slump, an industry group said Tuesday. The Kuala Lumpur-based Association of Asia Pacific Airlines said combined revenue for its 17 members rose 6 percent in 2008 to $103 billion, but failed to keep pace with higher fuel costs. More
UPDATE 2-Lufthansa Sees Operating Loss for Cargo Unit
from Reuters
German carrier Deutsche Lufthansa's chief executive said he now sees an operating loss for the company's cargo business as the global economic crisis continues to pummel the aviation industry. "It is apparent that the cargo market will remain at this extremely low level," Wolfgang Mayrhuber said at the company's annual shareholders' meeting. More
Gulf Air Selects CFM56-5B Engines to Power A320 Fleet
from AME Info
Bahrain's national carrier Gulf Air has chosen CFM56-5B engines to power 15 new Airbus A320 family aircraft scheduled for delivery between late 2009 and 2012. The engines are the product of CFM International, a joint company between Snecma SAFRAN Group and General Electric Company, and the order is valued at $270m.More
Grounded Airplane Industry Thriving
from UPI
Companies responsible for storing and maintaining grounded aircraft in the United States are thriving amid the current economic downturn, an expert says. Steve Coffaro, vice president of sales at the Evergreen Maintenance Center in Marana, Ariz., said his company has been enjoying increased business despite the ongoing recession, ABC News said Monday. More
Airmen Keep Hercules Strong
from Air Force Link
When a transient C-130 Hercules delivers cargo and personnel here, there is a chance the aircraft may require maintenance before flying again. This is where Airmen of the 746th Aircraft Maintenance Unit step up to troubleshoot and fix the plane to make the C-130 ready for its return flight home. More
Flights Between Taipei, Shanghai Airports to be Discussed: Taiwan CAA
from Taiwan News
The opening of direct charter flights between Taipei's Songshan Airport and Shanghai's Hongqiao Airport will be discussed in the next round of cross-Taiwan Strait aviation negotiations, the Civil Aeronautics Administration (CAA) said Monday. More
Boom Forecast in U.S. Flights to Cuba
from Miami Herald
Air charter operators offering flights to Cuba said Monday that they are ready and willing to ramp up service if passenger demand rises -- and they expect it will. With President Obama's lifting of travel restrictions, a Cuban American can now take a 45-minute flight to visit relatives in Cuba at any time for about $500 per round trip. From Miami, seven charter companies currently fly to Cuba. All go to Havana, and some also fly to Camaguey, Holguin, Cienfuegos and Santiago de Cuba. In total, they fly more than 35 flights a week from Miami. Carriers also fly from New York. More
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