Aviation Sector

Toyota formally decides to invest in passenger jet business

Tokyo  - Toyota Motor Corp officially decided Wednesday to invest 10 billion yen (96.12 million dollars) in a passenger jet business of Mitsubishi Heavy Industries Ltd.

ANA's net profit hit record high in fiscal 2007

Tokyo - All Nippon AirwaysAll Nippon Airways Co (ANA) saw a record net profit in

Lufthansa faces up to growing competition

Cologne, Germany  -  Lufthansa AG chief Wolfgang Mayrhuber predicted Tuesday that the global aviation industry faced increasing competition and warned that record high energy prices could hit the a

Finnair first-quarter profits drop, Asia traffic up

Helsinki - FinnairFinnish flag carrier Finnair on Tuesday posted a drop in pre-tax profits for the firs

South African Airways loses nearly 8,000 bags in 3 months

Johannesburg - South African AirwaysSouth African Airways (SAA) lost 7,868

Berlin referendum on keeping Tempelhof Airport open fails

Berlin  -  A referendum on keeping Berlin's Tempelhof Airport open has failed to gain the necessary support.

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