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GE Earnings Rise, Beating Estimates, As Industrial Business Benefits From New Orders

Fri, 20 Apr 2012 20:43:05 IST

General Electric Co. (NYSE:GE) reported first-quarter net income rose 3 percent as orders for its industrial products surged. Still, overall revenue dipped 8 percent.

GE Earnings Preview: Slight Drop in Earnings On Low-Margin Goods

Thu, 19 Apr 2012 02:13:20 IST

General Electric Co. is expected to report slightly weaker first-quarter earnings because of a backlog of low-margin thermal and industrial equipment plus slow health care revenue growth.

Deadly Storm Kills Four in Japan, Disrupts Flights

Wed, 04 Apr 2012 14:13:23 IST

The storm also triggered power outages affecting more than 200,000 homes in northern Japan which were still without electricity.

Japan Storm 2012: Strongest Squall Since 1959 Causes Travel Chaos

Wed, 04 Apr 2012 01:43:04 IST

Japan's strongest storm since 1959 caused travel chaos on Tuesday, grounding over 600 flights, halting rail service, and causing major traffic jams.

British Airways' owner IAG may invest in JAL's IPO

Thu, 29 Mar 2012 14:51:02 IST

British Airways owner IAG said on Thursday it would consider investing in Japan Airlines' planned initial public offering later this year.

Corporates: Aquila – Vale Kiss And Make UP, Qantas’s New Jetstar Move

Tue, 27 Mar 2012 04:45:51 IST

Aquila Resources and Vale of Brazil have patched up their quarrel over the big Isaac Plains export coking coal project in Queensland.

Ambitious Mazda to set path for Japan stock offerings

Fri, 02 Mar 2012 15:26:06 IST

The sale of $2 billion (1 billion pounds) in new stock by Mazda Motor Corp <7261.T> this month is as significant for Japan's equity capital markets as it is for the automaker, with the outcome expected to set the tone for a backlog of equity offerings.

Dreamliner: Boeing says Flaw could affect 55 Planes

Wed, 22 Feb 2012 22:46:49 IST

About 55 Boeing Co. 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.

Japan Airlines Orders 10 Additional Boeing 787s

Wed, 15 Feb 2012 22:12:25 IST

Japan Airlines will order 10 additional 787 airplanes from the Boeing Co. (NYSE:BA) , it said on Wednesday.

British Airways, JAL plan joint business

Wed, 08 Feb 2012 14:44:09 IST

British Airways and Japan Airlines have agreed a revenue-sharing deal for flights between Europe and Japan, potentially giving their oneworld alliance more competitive muscle.

Going Mobile: Travel's Eventual High-Tech Future

Sat, 04 Feb 2012 22:25:38 IST

Welcome to the airport terminal of the future.

Going mobile: Travel's eventual high-tech future

Sat, 04 Feb 2012 01:30:10 IST

Welcome to the airport terminal of the future.

Japan Airlines aims to raise at least $6.5 billion in relisting

Thu, 05 Jan 2012 18:19:04 IST

Japan Airlines plans to raise more than 500 billion yen ($6.5 billion) ahead of re-listing its shares as early as September, a source with knowledge of the matter said, marking a sharp turnaround for the carrier following its bankruptcy in 2010.

Japan Airlines plans share listing of up to $13 billion: report

Thu, 05 Jan 2012 14:12:05 IST

Japan Airlines Co plans to relist its shares as early as September in a public offering that could raise up to 1 trillion yen ($13 billion), Bloomberg news reported on Thursday, marking the carrier's recovery from bankruptcy and restructuring.

Jetstar Reveals Growth Plans for New Japan Venture

Wed, 28 Dec 2011 12:20:31 IST

Jetstar has revealed plans to attract another partner for its new Japan venture, the Jetstar Japan, adding up to the budget airline's present investors - Japan Airlines and trading firm Mitsubishi.

American Airlines Gets Approval to Buy Boeing Planes

Sat, 24 Dec 2011 11:58:47 IST

AMR Corp's American Airlines has been given approval by a U.S. bankruptcy judge to buy 32 Boeing planes.

Qantas Ends Industrial Dispute With Aircraft Engineers

Mon, 19 Dec 2011 07:28:21 IST

Qantas has ended its industrial dispute with aircraft engineers after both parties agreed to a 3 per cent annual wage increase for the next three years. However, the other demands of the Australian Licenced Aircraft Engineers Association (ALAEA) such as the construction of a new engineering hangar, was rejected.

Boeing’s 787 Dreamliner Delivery Held Back by Production Delays

Sun, 18 Dec 2011 15:34:21 IST

Boeing Co's new 787 Dreamliner has hit a delivery block due to production delays and has revised the original dates.

American Airlines files for bankruptcy

Wed, 30 Nov 2011 01:12:01 IST

American Airlines, the third-largest U.S. carrier, and its parent AMR Corp filed for bankruptcy protection on Tuesday to cut labor costs in the face of high fuel prices and dampened travel demand.

More deals in focus as Olympus scandal widens

Sat, 19 Nov 2011 12:58:04 IST

As attention in the Olympus <7733.T> accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.

More deals in focus as Olympus scandal widens

Sat, 19 Nov 2011 12:58:02 IST

As attention in the Olympus <7733.T> accounting scandal turns to whether funds used to cover up losses were funnelled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million (493 million pounds) investment in technology firm ITX.

Alaska Airlines Launching 75 Commercial Bio-fuel Flights in U.S. from Wednesday

Tue, 08 Nov 2011 18:34:23 IST

In an attempt to reduce its carbon footprint, Alaska Airlines will fly 75 bio-fuel-powered commercial flights, across the United States, starting on Wednesday, the airline announced in a statement on Monday. This is a step which is being perceived as a "historical" one in the country's aviation sector.

Records Raise Olympus Conflict of Interest Question

Thu, 27 Oct 2011 19:35:24 IST

U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses.

Exclusive: Records raise Olympus conflict of interest question

Thu, 27 Oct 2011 14:44:02 IST

Tourism Australia, Jetstar Tap Social Media to Bring Back Japanese Tourists

Mon, 24 Oct 2011 12:50:42 IST

Tourism Australia and Jetstar entered into a $10-million partnership in an attempt to boost the country's visitor arrivals, particularly those from Japan.

Qantas, Airbus seal $9B A320 deal

Thu, 06 Oct 2011 13:01:29 IST

Qantas Airlines has finalized a $9 billion deal to purchase 110 of Airbus's A320 aircraft as it gears for its expansion plans into Asia.

My Amazing 17 days in Japan

Sun, 04 Sep 2011 08:54:27 IST

The author has reminisced his study tour in Japan and hopes to encourage other students and professionals to embark on a journey of surprises and new learning.

U.S. Carriers Among World's Top 10 Safest Airlines

Tue, 30 Aug 2011 22:31:03 IST

Air Transport Rating Agency releases top 10 list of world's safest airline carriers.

Updates: Qantas, GWA to Impose Job Cuts

Wed, 17 Aug 2011 04:59:43 IST

Qantas yesterday joined the gathering rush of corporate restructuring in Australian business.

Tourism Australia Supports Qantas Strategy

Tue, 16 Aug 2011 13:54:33 IST

Qantas chief executive Alan Joyce’s new strategy will benefit Australia’s tourism sector, Tourism Australia says.