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Transport News

Volvo, Scania profits surge on heavy truck demand

Wednesday, 27 April 2011 at 16:25, Bloomberg

Volvo AB and Scania AB, two of Europe’s biggest commercial-vehicle manufacturers, reported a surge in first-quarter profit as heavy-truck demand rebounds.

Empire Aviation eyes Indian private jet market

Wednesday, 27 April 2011 at 12:01, Alrroya.com, Dubai

Dubai-based Empire Aviation Group has said it plans to start its operations in Mumbai, India, to serve the market for private aviation by mid 2011.

Eva Airways Q1 net fallsalls to NT$269m

Wednesday, 27 April 2011 at 11:54, Bloomberg

Eva Airways Corp reported first- quarter net income of NT$269 million, or NT$0.09 per share, compared with NT$1.25 billion, or NT$0.42, a year earlier, the company said in a statement to the Taiwan st

Embraer re-affirms 2011 sales forecast

Wednesday, 27 April 2011 at 11:40, Bloomberg

Embraer SA reaffirmed its 2011 sales forecast, saying there were no significant impacts of the Japan earthquakes that may alter deliveries planned for the year, according to a regulatory filing.

Chile's Lan airline Q1 net up 10pct

Wednesday, 27 April 2011 at 10:33, Reuters, Santiago

Chile's dominant airlineLansaid on Tuesday its first quarter profit rose 10 per cent from a year earlier to $97.235 million, well short of market expectations as higher fuel costs hurt margins.

Boeing says mid-year decision on 737 line possible

Tuesday, 26 April 2011 at 18:25, Reuters, Mexico City

Boeing Co said on Tuesday it could make a long-awaited decision on the future of its popular 737 aircraft line by the middle of this year.

US Airways loss smaller than expected

Tuesday, 26 April 2011 at 17:51, Reuters, Washington

US Airways Group Inc posted on Tuesday a narrower quarterly loss than analysts had expected as fuel costs rose.

Hyundai Merchant reports operating loss in first quarter

Monday, 25 April 2011 at 11:13, Bloomberg

Hyundai Merchant Marine Co said it posted an operating loss of 24.1 billion won in the first quarter from a profit of 6.17 billion won a year earlier.

UAE signs air services agreement with Vietnam

Sunday, 24 April 2011 at 14:09, Alrroya.com, Dubai

The UAE General Civil Aviation Authority (GCAA) has signed an air services agreement with the government of Vietnam on Thursday, the agency said in a statement published on Sunday.

flydubai debuts flight to Addis Ababa

Sunday, 24 April 2011 at 09:52, Alrroya.com, Dubai

flydubai, one of the world’s fastest growing airlines, further expanded its presence in Africa by inaugurating its seventh route to the continent.


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