Hong Kong  - The assets of Hong Kong budget airline Oasis, which collapsed in April, will go on sale Tuesday, the company organising the auction confirmed Monday.

The assets, divided into 50 lots, include aviation gear and spares and a virtual simulator used to train pilots alongside cabin furnishings such as cabinets, seats and head rests.

GoIndustry DoveBid, which specialises in the sale and valuation of assets, said the auction would begin Tuesday afternoon and close Thursday.

New Delhi, Aug 11 : The seventh edition of the Biennial International Aerospace Exposition, popularly known as Aero India - 2009, will be held at the Air Force Station Yelahanka in Bangalore from February 11-15, 2009.

Nearly 600 armament companies from home and abroad are expected to take part in the event.

Armament Majors from several countries including the United States, the UK, Russia, France, Germany, Italy, Israel, Belgium, Brazil, Spain, Ukraine and The Netherlands have confirmed their participation in this Asia''s premier air show.

Around 330 companies from 50 countries abroad and 230 from India will set up their exhibits over an indoor display area of 32,000 sq meters and an additional 5,000 sq meters outdoors.

Private jet, helicopter and turbo-prop charter service provider, Airnetz Aviation plans to raise $100 million over the next 2-3 years to fuel its overseas expansion and fund its aircraft acquisition programme.

The company is presently in advanced stages of negotiations with investors from India, Singapore and the US to raise these funds. 

However, the company did not divulge the identities of the investors the company is in talks with. The company hopes to seal its funding over the next two months.

Madrid - Spain's second-biggest airline Spanair will cut its staff by about a quarter to 3,000 in reaction to rising fuel prices and the global airline crisis, the carrier said Friday.

Spanair will also cancel nine routes, reduce flights on some other routes and trim its fleet by 15 planes or 24 per cent. Operative bases will be reduced from seven to two, which will be located in Madrid and Barcelona.

The measures form part of an austerity plan aimed at saving the company 90 million euros (140 million dollars) in 2009.

Spanair and trade unions were due to begin negotiations about the job cuts in the coming week.

Brussels - The European Union's executive body on Friday agreed to publish the list of objects which passengers are banned from carrying on board aircraft, ahead of an expected ruling from the European Court on the issue.

The European Commission has decided to publish the list, and it will appear in the EU's official journal "in a matter of days," officials in Brussels said.

The list ranges from firearms, harpoon guns and hand grenades to ice picks, skateboards and fishing rods.

Poisons, pepper sprays and all kinds of liquids in quantities of more than 100 millilitres are also on the list.

Hong Kong - A China Airlines jetliner aborted its landing at Hong Kong International Airport because of wild weather and returned to Taiwan leaving about 300 passengers in a state of shock, a media report said Friday.

Flight CI 617 rose to 3,000 metres in a minute and turned back to Taipei at 12:47 am Thursday after it had descended to just 100 metres above sea level on its landing approach, the South China Morning Post said.

Passengers were not told by the pilot what had happened until 20 minutes after the landing had been aborted.