Association of Asia Pacific Airlines

Boeing takes full-page ads in Japan papers

Agence France-PresseApril 30, 2013 05:31

Embattled plane-maker Boeing on Monday took out full-page advertisements in major Japanese newspapers as it tries to piece together its reputation in the wake of the worldwide Dreamliner grounding. The US manufacturer is fighting a rearguard action in Japan, the biggest single market for its troubled 787, which has been parked up around the globe since battery problems on two separate Japanese-owned planes in January.

Japanese airlines report earnings amid Dreamliner woes

Agence France-PresseApril 30, 2013 05:30

Executives at Japan's two biggest airlines said Tuesday they were relieved the troubled Boeing Dreamliner was taking to the skies again as they reported full-year financial results. Japan Airlines (JAL) said it was "trying to minimise" the financial impact from the three-month grounding of Boeing's Dreamliner, but said its results were still hit by rising competition and soaring oil prices. "The three-month period was long, but I am relieved that there was no major troubles during the period so we could save customers' trust in us," said JAL president Yoshiharu Ueki.

Boeing takes full-page ads in Japan papers

Agence France-PresseApril 30, 2013 05:30

Embattled plane-maker Boeing on Tuesday took out full-page advertisements in major Japanese newspapers as it tries to piece together its reputation in the wake of the worldwide Dreamliner grounding. The US manufacturer is fighting a rearguard action in Japan, the biggest single market for its troubled 787, which has been parked up around the globe since battery problems on two separate Japanese-owned planes in January.

Japan airlines reports earnings amid Dreamliner woes

Agence France-PresseApril 30, 2013 05:30

Japanese airlines report earnings amid Dreamliner woes

Agence France-PresseApril 30, 2013 04:46

Executives at Japan's two biggest airlines said Tuesday they were relieved the troubled Boeing Dreamliner was taking to the skies again, as the US planemaker ran full-page ads in major Japanese newspapers to apologise for the crisis. Japan Airlines (JAL) said it was "trying to minimise" the financial impact from the three-month grounding of Boeing's Dreamliner owing to problems with its lithium-ion batteries, but said its results were also stung by rising competition and soaring oil prices.

ANA says full-year profit surges 53.1%

Agence France-PresseApril 30, 2013 04:01

All Nippon Airways said Tuesday that its fiscal year net profit soared 53.1 percent, as cost-cutting and a boost in demand for international travel helped it shrug off its Dreamliner woes. ANA said it earned 43.1 billion yen ($441 million) in the year to March, up from 28.1 billion yen a year earlier, while it said it expected to earn 45.0 billion yen in the current fiscal year. si/pb/ami

JAL says annual net profit down at $1.8 bn, cuts outlook

Agence France-PresseApril 30, 2013 04:01

Japan Airlines said Tuesday its net profit in the fiscal year to March fell 8.0 percent to $1.8 billion, while it slashed its full-year earnings outlook by almost a third. JAL, which re-listed in Tokyo last year after a high-profile bankruptcy restructuring, reported a net profit of 171.7 billion yen and said its earnings in the current fiscal year would be about 31 percent lower at 118 billion yen. Sales rose 2.8 percent to 1.24 trillion yen in the 12 months to the end of March, it added.

JAL says annual net profit down at $1.8 bn, cuts outlook

Agence France-PresseApril 30, 2013 02:45

Japan Airlines said Tuesday its net profit in the fiscal year to March fell 8.0 percent to $1.8 billion, while it slashed its full-year earnings outlook by almost a third. JAL, which re-listed in Tokyo last year after a high-profile bankruptcy restructuring, reported a net profit of 171.7 billion yen and said net profit in the current fiscal year would fall about 31 percent to 118 billion yen. si/pb/dan

Japan's ANA to test Dreamliner after battery fix

Agence France-PresseApril 27, 2013 17:15

Japan's ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe. All Nippon Airways has the world's largest fleet of the next-generation planes and Sunday's flight will have the company's chief and Boeing's CEO on board, with both of them anxious to put the damaging crisis behind them.

Philippine Airlines in major route expansion

Agence France-PresseApril 26, 2013 07:30

Philippine Airlines announced a major route expansion on Friday to better serve the army of Filipino expatriate workers in the Middle East. As well as Qatar, Saudi Arabia, and the United Arab Emirates, PAL added new routes to Australia, China and Malaysia as the company pursues a $10 billion fleet overhaul that will more than double its current fleet of 44 aircraft. PAL president Ramon Ang said the push into the Gulf states starting in October would serve the region's large Filipino workforce, which includes many domestic helpers, construction workers and medics.