Aviation/All

September 2, 2010

Aviation/All

PAL on strike path

President Benigno Aquino has failed to persuade flight attendants and stewards with Philippine Airlines and management to come to terms before a proposed strike that could cripple the loss-making carrier. Mega-rich owner Lucio Tan is seeking new investors, alongside plans to cut employee numbers by almost half.

- Al Labita (Aug 12, '10)

Speaking Freely

Lebanese delays rile Palestinians

Dilatory tactics by politicians have overtaken the push for granting civil rights to Palestinian refugees in Lebanon. With Israeli property sharks moving into the Lebanese real estate market using American cover, the irony of foreigners acquiring property in Lebanon while Palestinian 'foreigners' are denied is deepening.

- Franklin Lamb (Jul 23, '10)

Asia business jets ready for takeoff

Business folk with deep pockets and a desire for more personalized air travel had a chance to check out a dozen private jets in the US$10 million to $50 million-plus price range in Macau last week. Customers around Asia were the target, but especially from greater China. For business jets, that's where the growth is.

- Muhammad Cohen (Jun 14, '10)

Cambodia's aid donors slammed for silence

Cambodia's aid donors, who have paid millions of dollars to distribute nearly a million land titles across the country, are being urged to speak up to help the poor as thousands of families face the loss of their homes near Phnom Penh to make way for the capital's largest real estate development.

- Irwin Loy (Jun 07, '10)

Iraqi airline business set for take-off

The opening of a state-of-the-art terminal at Irbil International Airport marks a renaissance of the Iraqi airline business, as local and international carriers see opportunities where for years there were only high risks and little prospect of customers. Clouding the revival in optimism is the threat of lawsuits and rivalry between Iraq's central and local governments.

- Mohammad Furat (May 13, '10)

Kuwait Air steps up fight for $1.2bn

Kuwait Airways' long-running battle to win a looting claim against Iraqi Airways dating from the first Gulf War intensified with an attempt to seize the first Iraqi Airways flight from Baghdad to London. As the claim mounts to US$1.2 billion, the Iraqi side says it has no assets - while setting out to spend billions of dollars on scores of new aircraft.

- Ali Kareem, Mohammad Furat (May 10, '10)

China on runway for jet takeoff

The Chinese aeronautics industry is preparing to start deliveries of its first indigenously designed and developed commercial regional jet, the ARJ-21 Xiangfeng (Soaring Phoenix) after recent completion of its maiden flight. That could represent a modest but decisive marker towards entering the global aircraft market.

- Richard A Bitzinger (May 03, '10)

India's space program takes a hit

The Indian Space Research Organization received some bad press following the failed launch of its new cryogenic rocket. Given that the budget allocated to India's Department of Space has been growing at a rate greater than that of any other major space-faring country, the program has been under political pressure from Delhi to perform flawlessly, making this latest incident difficult to digest.

- Peter J Brown (Apr 30, '10)

China's 'homes' feel the squeeze

As China Vanke, the country's biggest property developer by market value, reports a 46% surge in quarterly profit, soaring prices are opening new opportunities to landlords willing to slice and dice living space.

- Olivia Chung (Apr 27, '10)

San Miguel spreads its wings

World-famous beer maker San Miguel is showing a remarkable thirst for other interests, ranging from energy and banking to shipping and mining. The cash required and associated decisions on shareholdings are likely to raise angry questions at the upcoming annual meeting.

- Al Labita (Apr 26, '10)

China's middle class loses property hope

China's educated middle-class citizens, whom the country's communist leaders count on to be staunch supporters as they benefit from strong economic growth, are joining the ranks of the disillusioned as they see the prospects of owning their own homes disappear as prices soar ever higher.

- Antoaneta Bezlova (Apr 22, '10)

US lawsuits may flood China drywalls

A flood of lawsuits from American homeowners with houses built using Chinese-made drywall could go all the way up to the State Council in Beijing after a US judge ordered that gypsum material used by a company linked to the central government had blighted residences and must be removed. Repair bills for the thousands of buildings could cost billions of dollars.

- Peter J Brown (Apr 09, '10)

New highs for Asia's budget carriers

Tiger Airways' recent warm welcome to the Singapore stock exchange is just one measure of the success Asia's low-cost carriers are having as more entrenched premium-brand rivals, from JAL to Thai Airways, struggle - and sometimes fail - to remain attractive businesses.

- Megawati Wijaya (Feb 16, '10)

Hainan fears real-estate bubbles - again

Money has flooded into the Chinese province of Hainan in the few weeks since the central government said it should become an international tourist resort. The sub-tropical island's attractions could certainly lure visitors, but residents with a sense of history already fear a property crash might come first.

- Stephen Wong (Feb 08, '10)

Property bounces back in the Philippines

Strong demand for business outsourcing work is helping to buoy the Philippines property market, which is recovering after a period of falling rental rates and rising vacancies. With overseas workers hanging onto their jobs and sending more cash home, the outlook for domestic housing is also looking good.

- Jennee Grace U Rubrico (Jan 25, '10)

Start
Prev
1
2
3
Next
End

Login

PAL on strike path

Speaking Freely

Lebanese delays rile Palestinians

Asia business jets ready for takeoff

Cambodia's aid donors slammed for silence

Iraqi airline business set for take-off

Kuwait Air steps up fight for $1.2bn

China on runway for jet takeoff

India's space program takes a hit

China's 'homes' feel the squeeze

San Miguel spreads its wings

China's middle class loses property hope

US lawsuits may flood China drywalls

New highs for Asia's budget carriers

Hainan fears real-estate bubbles - again

Property bounces back in the Philippines

Contents

Customize ATOL:

Your Customized Pages

Your News

Your Business

Community Links

Columns

Services

Info