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November 16, 2009

Dubai Airshow News Dubai Airshow features 890 exhibitors ANZ is launch customer for A320 'sharklets' Lion Air subsidiary orders up to 30 ATR 72s Additional stories [MORE] JAL posts big quarterly loss, seeks third-party mediation with creditors Troubled Japan Airlines Friday reported a net loss of ¥32.1 billion ($357 million) for its fiscal second quarter ended Sept. 30, reversed from a ¥40.1 billion profit in the year-ago period, and announced it has applied for "certified alternative dispute resolution," an out-of-court mediation process that enables strapped Japanese companies to negotiate debt settlements with creditors. [MORE] Mexicana targets growth despite short-term challenges Mexicana is pursuing plans to renew its long-haul fleet and is continuing talks with both Airbus and Boeing for six A350s or 787s, Grupo Mexicana CEO Manuel Bora told ATWOnline last week in Mexico City, although he does not expect the carrier to turn a profit this year. [MORE] Iberia swings to $24.5 million loss In an announcement that highlighted the reasons it agreed to merge with British Airways, Iberia Friday reported a €16.4 million ($24.5 million) third-quarter loss that represented a reversal from the €304 million profit earned in the year-ago period. [MORE] Other News Beijing turns fuel surcharge authority over to airlines Copa nearly doubles third-quarter profit First 747-8F rolled out [MORE]

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