SIA, Thai splurge billions on planes
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BIG aircraft orders from Singapore Airlines and Thai Airways International yesterday underscored the potential for growth in the Asia-Pacific aviation industry.
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European planemaker Airbus says that Thai Airways International plans to buy six of its double-decker A380 planes as part of a deal worth more than $2 billion (1 billion pounds) at list prices.
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Thai tax authorities have seized assets worth about $34.2 million from family members of former Prime Minister Thaksin Shinawatra, an official said Thursday.
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SINGAPORE (Dow Jones)--Tiger Airways, Singapore Airlines Ltd.&#39;s (S55.SG) 49%-owned budget affiliate, Monday said it will start flights in September, with initial services to Bangkok.
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An Australian man has paid S$152,898 (49,728 pounds) for two first class tickets for the maiden commercial flight of the world&#39;s biggest passenger plane, Singapore Airlines said on Tuesday.
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Germany's Deutsche Lufthansa said it is ordering Airbus and Boeing aircraft worth about $6.9 billion at list prices as it expands and modernizes its fleet.
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British Airways  announced a  plane order worth $8.2 billion at list prices on Thursday,  including 12 A380 planes from Airbus  and 24 787  airliners from Boeing Co .
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A New Age airline is showing there's money to be made despite high energy prices.
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Airbus SAS, the world&#39;s largest maker of airplanes, said it received firm orders from China Eastern Airlines and Air China, two of the country&#39;s main carriers, to buy 26 planes.
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Singapore Airlines Ltd., Asia&#39;s most profitable carrier, is betting new planes will help it lure passengers from Emirates and Cathay Pacific Airways Ltd.
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Boeing Co.  scored one of its  biggest orders so far this year on Tuesday as Korean Air Co.  (003490.KS) said it would buy 25 passenger and freighter  aircraft worth $5.5 billion, extending the U.S. planemaker's  lead over European rival Airbus.
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Thai Airways is buying eight mid-size A330 planes at a discount, as compensation for delays to the A380 superjumbo.
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Fuel costs for international and domestic flights have soared $560 million above last year, the national carrier said yesterday. Hedging, the means by which airlines insure against rising fuel costs, had fallen
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Boeing Co.  got its second  multibillion-dollar order in as many weeks on Tuesday, as  German airline Air Berlin (AB1.DE) said it would spend $5.7  billion on new jets from the U.S. plane maker.
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Thai Airways International plans to buy six Airbus A380 double-decker aircraft that will be delivered in 2008 and 2009. The airline is also ordering two additional A340 aircraft.
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As corporate jets take up an increasing share of the skies, they're being pressed to contribute more to aviation costs
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A Los Angeles movie executive and his wife have been indicted on charges of paying $900,000 in bribes to a senior Thai tourism official to secure lucrative contracts to run a film festival in Bangkok.