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65. Korean Air sustains Strong Growth in 1Q 2007
Korean Air sustains Strong Growth in 1Q 2007. Korean Air has reported its first quarter results for the three months ended March 31, 2007. Operating income increased by 66.1% to 151.4 billion KRW as compared to 91.1 billion KRW for the same period last year. Net income increased to 130.8 billion KRW, representing a 2.7% increase year on year.
66. IHG to launch Staybridge Suites Brand in Middle East
IHG to launch Staybridge Suites Brand in Middle East. The introduction of Staybridge Suites will further entrench InterContinental Hotels Group as one of the largest multi-brand hotel operators in the Middle East. It will add a new dimension to the group’s product portfolio, which already boasts InterContinental, Crowne Plaza, Holiday Inn and Express by Holiday Inn properties. Stay
67. Bombardier to Resume Aircraft Manufacturing in Canada
Bombardier has started recalling most of its Canada-based employees who were placed on furlough following government mandates enacted to slow the spread of COVID19. Suspended manufacturing and service activities will gradually resume as of 11 May.
68. Airbus Develops A330 and A350 Cargo Solution for Airlines
Airbus is developing a modification for its A330 and A350 family of aircraft which will enable airlines to install freight pallets directly onto the cabin floor seat tracks, after removal of the economy-class seats.
69. Second Boeing 777X Begins Flight Tests
Boeing's second 777X airplane completed its maiden flight last week. Captain Ted Grady, 777X project pilot, and Captain Van Chaney, 777/777X chief pilot, flew the plane for 2 hours and 58 minutes over Washington state before landing at Seattle's Boeing Field at 14:02 Pacific.
70. Australia's Loyal Wingman Prototype Begins Ground Tests
The first unmanned Loyal Wingman aircraft has been presented to the Royal Australian Air Force. The aircraft, which uses artificial intelligence to extend the capabilities of manned and unmanned platforms, is the first to be designed, engineered and manufactured in Australia in more than 50 years. It is Boeing’s largest investment in an unmanned aircraft outside of the United State
71. Universal Postal Union Warns of Air Capacity Shortage
The Universal Postal Union (UPU) and IATA have warned that air capacity for postal services is insufficient and urged governments to do more to support the movement of mail by air during the COVID19 crisis.
72. IHG Signs Resort in Saipan
IHG has signed a long-term agreement with Asia Pacific Hotels Inc. to take over the management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 2020 - subject to accessibility restrictions due to COVID19.

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