The world’s top airlines warned on Thursday that soaring fuel prices were hitting profits, prompting some to increase fares, and global leader American Airlines announced thousands of job cuts to counter higher costs. Airline stocks fell sharply in Asia and Europe after stock in American’s parent AMR shed a quarter of their value as investors fretted over the cost of jet fuel.
Beijing has opened a huge new ,6-billion airport terminal ahead of the expected influx of millions of visitors to this summer’s Olympics, part of a multibillion-dollar infrastructure boost for the capital. The impressive terminal’s nearly 3km-long concourse is divided into three sections and connected by a shuttle train.
In the sub-arctic woods of Canada’s North-west Territories, a quiet crowd searches the moonlit sky, a wave of concern creeping into hushed voices. Time is running out. Then a funnel of greenish light appears in the east, hanging still at first, then rippling like steam in a glass tube.
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/ 29 February 2008
Beijing opened a huge new ,6-billion airport terminal on Friday ahead of the expected influx of millions of visitors to this summer’s Olympics, part of a multibillion infrastructure boost for the capital. The impressive terminal’s nearly 3km long concourse will boost capacity at the airport to 76-million.
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/ 2 December 2007
It was unlikely that grounded airline Nationwide would be given permission for take-off to London on Sunday night, said the South African Civil Aviation Authority (CAA). Inspectors had spent most of the day examining the Boeing 767 the airline intended using on the flight, said CAA aircraft safety executive manager Obert Chakarisa.
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/ 12 October 2007
Airline passengers will from next year be able to check-in using cellphone technology, a media report said on Friday. The International Air Transport Association said on Thursday that paper tickets, which use magnetic-strip technology instead of barcodes, would no longer be accepted from June.