| PIA posts Rs32b loss | | KARACHI - Pakistan International Airlines, or PIA, announced an after-tax loss of Rs32 billion during the year ended December 2012. | | ANA to test modified 787 today | | TOKYO - Japan’s All Nippon Airways, or ANA, is to test one of its modified Dreamliner jets today, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe. | | Safety guaranteed: 787 chief | | TOKYO - Boeing’s chief engineer for the 787 Dreamliner said on Saturday that changes to the lithium-ion battery system are fully sufficient to ensure the aircraft’s safety, although the company has been unable to find the cause of the original battery failures earlier this year that led to groundings of the plane worldwide since mid-January. | | Japan to allow airlines to resume 787 flights | | Japan’s transport minister said the government is poised to allow Japanese airlines to resume flying grounded Boeing 787s once they complete installation of systems to reduce fire risk in problematic lithium ion batteries. | | Etihad, Air Canada in key deal | | Etihad Airways on Thursday clinched yet another strategic deal by partnering with Air Canada in a new code-share agreement that is expected to give a further fillip to travel services between the UAE and Canada in the wake of fast improving bilateral relations after the end of a row over visa fees. | | Etihad and Jet Airways seal big deal | | Etihad Airways, the UAE national carrier, has agreed to acquire a 24 per cent stake in India’s Jet Airways for $379 million, the airlines announced on Wednesday. | | Gulf Air slashes losses by 50% | | Gulf Air, Bahrain’s national carrier, on Tuesday announced a solid fiscal and operational performance as it reduced overall losses by approximately 50 per cent in first quarter of 2013. | |
