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| Air France KLM reports 96% profit plunge |
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Air France KLM reported a 96.2% drop in consolidated net income for its fiscal second quarter ended Sept. 30 to €28 million ($35.4 million) from €736 million earned in the year-ago period. |
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| Mexicana prepares for first European service |
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Mexicana has been hit by the current industry downturn like many carriers, but it remains in "adequate" financial health and is focused on a long-term plan that includes oneworld entry and the launch of its first European services early next year, CEO Manuel Borja said yesterday at the ALTA Airline Leaders Forum in Cancun. |
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| ANA eyes international expansion |
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ANA said it is considering establishing Tokyo Narita and Haneda as dual international hubs as it looks to expand its international network in coming years with the expected shrinking of the domestic market. |
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| US FAA issues emergency AD on 737NGs |
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US FAA issued an emergency airworthiness directive late Tuesday requiring inspection of all 737NG center wing tank fuel pump autoshutoff wiring systems within 48 hr., warning that "incorrect wiring" could lead to "localized overheating of parts inside the fuel pump [that] could produce an ignition source inside the fuel tank." |
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| Southwest bids for ATA Airlines' LaGuardia slots |
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Southwest Airlines said yesterday that it has submitted a $7.5 million bid to gain the rights to 14 New York LaGuardia slots--seven roundtrips--formerly used by ATA Airlines, which declared bankruptcy and shut down in April. |
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