Hong Kong budget airline Oasis formally wound up

HONG KONG: The brief life of Hong Kong's collapsed budget airline Oasis was formally ended on Wednesday after the city's High Court issued an order for it to be wound up, the company's liquidator said.

To Save Fuel, Airlines Find No Speck Too Small

Micheline Maynard New York Times 11.06.2008
Bill Lew, right, and Jesse Romero, Pratt & Whitney employees assisting Southwest maintenance crews in Oakland, Calif., with the cleaning of jet engines, measure the dirt collected during cleaning intended to save fuel.  Jim Wilson/The New York Times

The nation’s airlines are scrutinizing every step of their operations, from the tarmac to the sky, and from the nose to the tail of their planes, searching for new ways to cut their soaring fuel bills.

Cathay Pacific aircraft in Hong Kong where the carrier has hit back at criticism over its latest advertising campaign

HONG KONG (AFP) — Hong Kong carrier Cathay Pacific on Tuesday hit back at criticism that its latest advertising campaign pandered to ethnic and gender stereotypes.

A man walks past a display at the Boeing booth at the Singapore Air Show in Singapore February 19, 2008.  REUTERS/Vivek Prakash

MOSCOW (Reuters) - Boeing Co said on Monday its 787 Dreamliner would make its first flight in the fourth quarter of 2008, repeating the revised schedule for the new airplane's launch announced in April.

Oasis Airlines' licences lapse

news.gov.hk 06.06.2008
Oasis Airlines' licences lapse

Oasis Hong Kong Airlines' 13 air transport licences have lapsed, the Air Transport Licensing Authority says.

Carriers join call for help during turbulent times

Nishika Patel The Standard 04.06.2008
Carriers join call for help during turbulent times

Hong Kong airlines have joined a global call to governments, airports and labor unions to help the industry survive amid rocketing fuel prices and a global economic slowdown.

World's airlines say they face $2.3bn loss this year as oil price stays high

The global airline industry has downgraded its forecast for this year for the third time and now is predicting losses in 2008 of $2.3 billion (£1.1 billion) because of sustained high oil prices.

Cathay acts on pilots crisis

Patsy Moy and Nishika Patel The Standard 02.06.2008
Cathay acts on pilots crisis

Cathay Pacific Airways has ratcheted up both its recruitment drive for pilots and its cadet scheme to help alleviate an estimated worldwide shortage of 3,600 pilots a year amid the soaring global aviation industry.

United-US Airways merger talks suspended: source

Jui Chakravorty Das Reuters 30.05.2008
An United Airlines Boeing 747-400 takes off from Frankfurt airport, March 14, 2007.  REUTERS/Kai Pfaffenbach

NEW YORK (Reuters) - United Airlines and US Airways have suspended merger talks due to concerns about labor opposition and integration costs, while United draws closer to an alliance with Continental Airlines, a source close to the talks said late...

Vessel height limit proposed

news.gov.hk 30.05.2008
Vessel height limit proposed

To prevent potential damage to the new Stonecutters Bridge, and ensure safe navigation of vessels within the area, the Transport & Housing Bureau proposes establishing a 41.9-hectare vessel height restricted area.

April visitor arrivals up 11.2%

news.gov.hk 30.05.2008
April visitor arrivals up 11.2%

Hong Kong saw an 11.2% year-on-year rise in visitors in April, to 2.42 million, bringing the cumulative arrivals for this year's first four months to 9.69 million, a 10.3% rise over the same period last year, the Tourism Board says.

Airport eyes Shenzhen and Zhuhai

KarenWong The Standard 30.05.2008
Airport eyes Shenzhen and Zhuhai

A third runway is not merely an option, said outgoing Airport Authority chairman Victor Fung Kwok-king - more are needed if there is full-fledged cooperation with Shenzhen Airport.

Goods exports up 14.5%

news.gov.hk 28.05.2008
Goods exports up 14.5%

Merchandise exports grew strongly in April, with the total goods exports value up 14.5% on a year earlier, to $243.4 billion, the Census & Statistics Department says. The value of goods imports also rose, 11.3% to $259.6 billion.

Hong Kong allows airlines to hike fuel surcharges amid oil price surge

HONG KONG (XFN-ASIA) - Hong Kong authorities have allowed several airlines to raise fuel surcharges following the surge in oil prices, local newspapers reported.

Fuel suppliers demand airlines pay cash in advance

Carl Mortished and Amanda Andrews Times Online 26.05.2008
Fuel suppliers demand airlines pay cash in advance

Airlines are being forced to pay cash in advance for jet fuel as the major oil companies tighten the screws on an industry that is being crushed by an extraordinary surge in the price of crude oil.

Govt reviewing airline licensing

The government will review its procedures for granting licences to new airlines in light of the collapse of Hong Kong's former budget airline Oasis.

American Airlines to charge for checked baggage

Peter Pae Los Angeles Times 22.05.2008
The fee for the first checked bag marks the first time that an airline will charge for a service that has always been included in the airfare.  Matt Rourke / Associated Press

Passengers will be charged $15 for their first piece of luggage. The airline, blaming high fuel costs, also plans other fee hikes, domestic flight cutbacks and layoffs.

Cathay to fight watchdog ruling

Nishika Patel The Standard 22.05.2008
Cathay to fight watchdog ruling

Cathay Pacific is seeking to quash a ruling by the privacy commissioner forcing the company to halt its policy of requiring crew to release their personal medical history or face disciplinary action.

Airline Customer Satisfaction Lowest in 7 Years

Susanna Alfonso IBTimes 21.05.2008
US Airways patrons talk as they stand in line at the ticket counter at Greater Pittsburgh International Airport in Imperial, Pa.  (AP Photo/Keith Srakocic, file)

NEW YORK - Customer satisfaction with U.S. airlines dropped to its lowest level since 2001, according to a survey report published on Tuesday.

Compensation fund for airline wind-ups rejected

There are no plans to form a fund specifically for compensating travellers and travel agents in the event of an airline closure, Secretary for Transport & Housing Eva Cheng says.

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