Brazil wants strategic deal with Russia

Staff Reporter

Russian President Dmitry Medvedev is hoping to make inroads into Brazil's emerging oil and defence industries during a visit there this week.

Airline, casino builder target Vietnam's skies and beaches

Frank Zeller

An Australian low-cost airline and a Canadian luxury resort and casino developer have launched two ambitious projects that aim to revolutionise Vietnam's fast-growing tourism industry. Jetstar, the budget offshoot of Australian carrier Qantas, teamed up with Vietnam's Pacific Airlines to launch Jetstar Pacific on Friday.

Kenya Airways profit falls on election crisis

Wangui Kanina

Kenya Airways said on Friday its 2007/08 annual profit after tax fell to 3,9-billion Kenya shillings from 4,1-billion due mainly to the impact of the East African nation's post-election crisis. "The events post-election had a negative impact on our revenue, especially between January to March," said Titus Naikuni, the chief executive officer.

BA's Paris-New York service opens for business

Staff Reporter

British Airways risks further undermining its relationship with pilots on Thursday as it starts selling tickets for its transatlantic OpenSkies airline. The Paris-to-New York service will begin flying on June 19 with the threat of crippling industrial action still hanging over its owner.

France says EADS deal reflects better US ties

Staff Reporter

Europe's European Aeronautic Defence and Space Company (EADS) won its share of a huge contract to build aerial tankers for the United States thanks in part to improved French-American ties, French President Nicolas Sarkozy was quoted on Thursday as saying.

Israel to equip passenger aircraft with anti-missile flares

Staff Reporter

Israel is to begin fitting some of its passenger aircraft with flares to counter potential missile attacks, defence officials said. The missile protection system was first proposed in 2002, but was delayed by disagreements over funding between government ministries, reports said.

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