Boeing 777-300ERs Selected by Philippine Airlines

On the airline's 66th anniversary today, Philippine Airlines (PAL) and The Boeing Company [NYSE: BA] announced the order of two Boeing 777-300ER (Extended Range) commercial airplanes, with purchase rights for two additional 777-300ERs. PAL is a long-time Boeing customer and currently operates five Boeing 747-400s and three Boeing 737-300/-400s.
PAL, the national flag carrier of the Philippines, mounted its first flight March 15, 1941 and has been operating longer than any other airline in Asia. It has a modern fleet and a route network that spans 24 foreign cities and 18 domestic destinations.
"The acquisition of the Boeing 777-300ER allows PAL to expand direct services between the Philippines and the United States," said Jaime J. Bautista, president of Philippine Airlines. "Our passengers will also benefit from the higher level of comfort and amenities that this high-technology aircraft brings."

Boeing 747-8 Launch Customer Cargolux Orders Three More 747-8 Freighters

Boeing [NYSE: BA] today announced that launch customer Cargolux has placed a follow-on order for three Boeing 747-8 Freighters, valued at $845 million at list prices, and added two options. This brings the Luxembourg-based cargo operator's total 747-8 Freighter order to 13 airplanes, two options and 10 purchase rights.
"The outstanding economics of the 747-8 Freighter was decisive in its selection as the centerpiece of our future fleet," said Uli Ogiermann, chief executive officer of Cargolux. "Equally important was the environmental performance of this airplane. With 15 percent reduction in emissions and a 30 percent reduction in noise, Cargolux is taking action today for tomorrow's world."

Air China aumenta sus ganancias un 86,7% en 2006

Los beneficios netos de Air China, la mayor aerolínea del país, alcanzó los 3.190 millones de yuanes (388,75 millones de dólares USA) el año pasado, una subida del 86, 71 por ciento respecto al año 2005. La Oferta Pública Inicial (OPI) de la compañía obtuvo el pasado agosto casi 4.500 millones de yuanes en el mercado bursátil de acciones A de la parte continental. La compañía ha usado unos 2.300 millones de yuanes de los fondos de la OPI y el resto se destinará a la compra de veinte unidades de Airbus A330-200, quince Boeing 787 y diez Boeing 800.