SAS airline unveils new four-year strategy
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Scandinavian Airlines System (SAS) unveiled on Wednesday a four-year plan aimed at reducing its costs and concentrating its business on the North European market.
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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 plans to set up an engineering center in China next year to focus on new generation jets for the mainland&#39;s fast-growing aviation market, the French aircraft maker said Monday.
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American Airlines has sought licences from US regulators to launch two routes into Ireland next year.
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Airbus SAS, the world&#39;s largest maker of commercial aircraft, is poised to supply an unspecified number of A319 planes to the Philippines&#39; second-biggest airline Cebu Air Inc.
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Scandinavian airline SAS said on Wednesday its 2007 earnings had been set back by problems with its Dash Q400 regional aircraft, which had to be grounded, causing a fourth-quarter loss.
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The parent companies of Airbus SAS yesterday approved the launch of a $5.3 billion  new airplane by 2010 to compete directly with Boeing Co.'s 7E7 Dreamliner.
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The SAS Institute has updated its products for data mining and forecasting.The releases represent a greater leap in functionality over other recent revisions, according to Mary Grace Crissey, a product marketing manager for SAS. The earlier versions were &quot;much more GUI-driven,&quot; she said.Enterprise Miner 5.3 features 15 new analytical tools and additional algorithms, the company said. An accompanying Text Miner product can analyze unstructured data, such as blogs or customer feedback forms.Forecast Server 2.1, another updated product, includes improved filtering, more than a dozen additional project management macros, and scalability improvements for working with large data sets.One satisfied customer is Tim Rey, manager of the data-mining and modeling group at Dow Chemical. He said that the firm took &quot;a considerable amount of time to study both Enterprise Miner and Forecast Server before we purchased.... The products are well-designed, supporting many robust methods that are enabled by easy-to-use interfaces and supported by functional graphics.&quot;Rey&#39;s company has not yet deployed the newest versions, but it has &quot;reviewed what was coming and thinks they are welcome additions,&quot; he said.Dow is using Forecast Server to build forecasting models for a variety of scenarios, such as demand and raw materials costs. The firm is using Enterprise Miner in a number of areas, including finance, fraud, engineering, research and development, supply chain, and human resources, he said.Rey noted that &quot;in both products, you have to have your data in SAS format prior to using them.&quot;To that end, Enterprise Miner 5.3 includes a new wizard designed to make it easier for users to push their data into SAS&#39; software, Crissey said. Longtime SAS customers tend to keep preformatted data sets at the ready, she said.Enterprise Miner licensing starts at $120,000, with the Text Miner add-on costing an additional $80,000. There is a desktop version of the product that costs $40,000, plus $20,000 for the text-mining option. Enterprise Forecaster pricing begins at roughly $150,000. SAS charges annual renewal fees that are a percentage of the initial cost, according to a company spokesman.
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Industry observers say all the talks and recent airline restructurings have set the stage for big changes in the business next year
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The Federal Aviation Administration plans to hire and train about 15,000 air traffic controllers over the next 10 years, according to an updated staffing plan released yesterday.
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A panelÂs sweeping plan would mark an epochal shift for an industry that has fiercely resisted shrinkage.
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Ryanair Holdings PLC signaled that its expansion plans are going strong Monday, announcing that it will spend US$240 million (euro184 million) to buy four new planes and create a new base at Liverpool&#39;s John Lennon Airport.
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NEW YORK - Honeywell International Inc. won a $16 billion contract to build and service mechanical systems for Airbus SAS's A350 wide-body plane, work that will take place over at least two decades.
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The parent companies of Airbus SAS yesterday approved the launch of a $5.3 billion new airplane by 2010 to compete directly with Boeing Co.
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Many airline companies are finding it difficult to make a profit. The International Air Transport Association says it expects the industry to lose up to four thousand million dollars this year.
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Scandinavian airline SAS said its passenger traffic rose 2.9 percent last month from a year earlier but failed to keep up with capacity growth, prompting it to repeat cautious comments on competition and pricing pressure.
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British Airways on Wednesday unveiled plans for a new airline with daily flights from New York to Europe, taking advantage of last year's EU-US "open skies" deal to free up the key transatlantic market.