Hong Kong - Hong Kong's flagship airline Cathay Pacific said Wednesday it had seen "significant drops" in first and business class bookings as the global economic crisis deepens.
Companies are shifting their executives from first class to business and from business to economy as the financial crisis deepens, airline staff were told in a newsletter.
Cathay has been hit particularly hard because 16 of its top 20 corporate clients are in the financial sector, the newsletter claimed.
Sydney - A computer malfunction could explain why a Qantas passenger jet en route from Singapore and Perth plunged in altitude and injured 46 passengers, investigators said Wednesday.
Passengers aboard Flight QF72 said the Airbus A330 dipped 8,000 feet (2,440 metres) in about 10 seconds on Tuesday before making an emergency landing at Learmonth military base, 1,260 kilometres north of Perth.
Athens - Greek state carrier Olympic Airlines cancelled more than 100 domestic and international flights on Wednesday as air- traffic controllers and crews joined a nationwide 24-hour strike against government plans to privatize the airline.
The cancellations will affect flights to European destinations such as London, Rome, Paris and Frankfurt as well as some domestic flights.
Melbourne, Oct. 8 : At least 74 people were injured yesterday when a computer glitch overrode the pilots'' control of a Qantas Airbus A330-300, and caused it to plunge 2000 meters.
According to a Daily Telegraph report, air safety investigators have confirmed there was an "irregularity" in the onboard computer equipment of a Qantas plane involved in a mid-air incident between Singapore and Perth.
Athens - Greek state carrier Olympic Airlines will cancel more than 100 domestic and international flights on Wednesday as air- traffic controllers and crews join a nationwide 24-hour strike against government plans to privatize the airline.
Hong Kong - Hong Kong's flagship airline Cathay Pacific said Wednesday it had seen "significant drops" in first and business class bookings as the global economic crisis deepens.
Sydney - A computer malfunction could explain why a Qantas passenger jet en route from Singapore and Perth plunged in altitude and injured 46 passengers, investigators said Wednesday.
Athens - Greek state carrier Olympic Airlines cancelled more than 100 domestic and international flights on Wednesday as air- traffic controllers and crews joined a nationwide 24-hour strike against government plans to privatize the airline.
Melbourne, Oct. 8 : At least 74 people were injured yesterday when a computer glitch overrode the pilots'' control of a Qantas Airbus A330-300, and caused it to plunge 2000 meters.
GVK Power & Infrastructure Ltd has informed that the company has divested its entire stake in its subsidiary, GVK Aviation Pvt. Ltd.
Athens - Greek state carrier Olympic Airlines will cancel more than 100 domestic and international flights on Wednesday as air- traffic controllers and crews join a nationwide 24-hour strike against government plans to privatize the airline.
