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ANA Budget Carrier Aims For Profit In 3 Years

A&F Aviation, a low cost Japanese carrier set up with investment from All Nippon Airways and a Hong Kong investor, aims to be profitable in three years and to more than triple its fleet within five years, its CEO said on Thursday.

Flights Cancelled As Pakistan Air Staff Strike

Pakistan’s national airline was forced to cancel dozens of flights on Thursday after authorities failed to convince employees to end a strike that has added to the woes of an already troubled government.

Rolls-Royce Profit Improves 4 Percent

Rolls-Royce posted a 4 percent rise in full-year profit, helped by solid growth at its civil aerospace and energy units and said it had paid most of the costs associated with last year’s technical setbacks.

Thai Airline Recruits Ladyboy Flight Attendants

A new Thai airline is hiring transsexual ladyboys as flight attendants, aiming at a unique identity to set itself apart from competitors as it sets out for the skies.

Boeing Confident In New 787 Delivery Target

Boeing may have overextended the global supply chain on its long-overdue 787 Dreamliner, but the company is confident it will meet its third-quarter delivery target, chief executive Jim McNerney said on Wednesday.

Buyout Firms Near Deal For Amadeus’s Opodo

Private equity firms Axa Private Equity and Permira are close to a deal to buy online travel agent Opodo from Spanish travel services group Amadeus, a person familiar with the matter said.

Geneva Airport Unveils Mobile Terminal

Geneva’s airport, often swamped in winter by skiers heading for the Alpine slopes, on Wednesday unveiled what officials said was the world’s first mobile passenger terminal.

Triple Blow Sparks Air France-KLM Profit Warning

Air France-KLM warned on Wednesday it would miss a key profit target after a triple whammy of snow, strikes and security problems hit its finances.

WestJet Q4 Profit More Than Doubles

WestJet Airlines said on Wednesday a rebound in travel demand, tight cost control and new partnerships helped it more than double quarterly profit and positioned it for more profitable growth.

More Delays To Air India 787 Deliveries

Boeing on Wednesday said it would deliver the first 787 Dreamliner aircraft to Air India in the fourth quarter of 2011, indicating a further delay from its prior delivery estimates.