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CHINA NPC: China Eastern Airlines: In Need Of More Funding
BEIJING (Dow Jones)--China Eastern Airlines Corp. (CEA) is in need of additional funding and is open to raising money through a capital injection by the government or by introducing strategic investors.
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Cathay Pacific Posts Profit
HONG KONG?Cathay Pacific Airways Ltd. said Wednesday it returned to net profit in 2009, lifted by fuel hedging gains and the sale of a stake it owns in an aircraft maintenance affiliate. The blue-chip airline said a sharp decline in passenger revenue...
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Oneworld Offers to Free Up Airport Slots
BRUSSELS (TheStreet) -- AMR's(AMR) American Airlines, British Airways (BAY) and Iberia offered to make takeoff and landing slots available to competitors at airports in London and New York in an effort to assuage antitrust concerns.
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Amazon.com Battles Crony Capitalism
Last week, Amazon.com(AMZN) announced that it would try to enhance its service in Canada through Amazon.ca by expanding its distribution centers within the country.
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Continental Airlines will cancel flights rather than risk delay fines
DALLAS - Continental Airlines plans to cancel flights rather than risk stiff fines under new rules designed to punish carriers for delaying passengers.
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