INDONESIA AIRASIA revenue increase 34.4%

PT Indonesia AirAsia has established itself in the low cost carrier (LCC). Over the past year, Indonesia AirAsia managed to collect revenue of IDR 3.7 trillion. This achievement is up 34.4% over 2010 revenue of IDR 2.7 trillion. The increase is due to the addition of...

Maersk to cut Asia-Europe capacity by 9%

Maersk Line, the world's biggest container shipping company, will cut nine percent of its vessel capacity in the Asia-Europe trade in a bid to combat low freight rates clipped by oversupply, reported Reuters. Maersk Line, a unit of Danish shipping and oil group A P...

PACIFIC ROYALE AIRWAYS new player in the Indonesia aviation industry

Indonesia airline industry will be crowded with the presence of a new airline Pacific Royale Airways. The airline was established since February 2011 will be played at a premium to an Airbus A320 and Fokker 50. The signing of the cooperation of Pacific Royale Airways...

Ideas to Deal with Business Promotion

Tons of ideas can be done whenever you want to make the promotion for your business. Well, you can see how trade show displays can be really great for such matter. The displays will be really amazing in catching the eyes of the people as long as you have the great designs...

Lion Air plans to go public delayed

Lion Air to delay plans to go public this year worth more than U.S. $ 1 billion. Rusdi Kirana, chief executive officer (CEO), Lion Air said, the delay made due to the deteriorating condition of the stock market. As info before, Lion Air has ambitious expansion plans...

SINGAPORE Airlines quarterly profit declines 53pc to US$108 million

SINGAPORE Airlines (SIA) posted a 53 per cent fourth quarter net profit loss to S$135.2 million (US$108 million) year on year, drawn on revenues of S$3.88 billion which changed little. Controlled by state investor Temasek Holdings, Singapore Airlines, the world's second...

AIRASIA opens new flight route SEMARANG - Kuala Lumpur

Low cost carrier, AirAsia, on Monday February 2, was officially have its maiden new flight route from Semarang to Kuala Lumpur. At this inaugural flight, occupancy rates of more than 90%. Air Asia Regional Head of Commercial Kathleen Tan said Semarang is an unique destination....

MANDALA AIRLINES’s AOC will issued in Feberuary 2012

Ministry of Transportion ensure the return of Mandala Airlines flight conditions ie Air Operator Certificate (AOC) will issued in the second week in February 2012 and the airline is re-aired in April 2012. "The delivery of Mandala Airlines AOC [Air Operators Certificate]...

Hanjin posts US$731 million loss, sales fall 1pc, volumes grow 12pc in 2011

HANJIN Shipping, South Korea's biggest and the world's ninth largest container liners, have posted its 2011 results with a net loss of KRW823.9 billion (US$731 million), an operating loss of KRW492.6 billion due to high fuel costs and decline in freight rates. Its full-year...