One down, more to go?

Article Abstract:

Problems facing Asian airlines have been highlighted with the collapse of Philippine Airlines with large debts. Meanwhile, Cathay Pacific has reported a loss, and Garuda, an Indonesian airline, has ended most flights to Europe. Thai Airlines is seeking to sell some of the government's stake. Carriers are seeking to attract passengers by making special offers. Singapore Airlines has invested in its services and offers greater luxury to first class and business passengers.

Asia

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Places to linger

Article Abstract:

British Airways' (BA) new corporate headquarters near Heathrow airport, England, has been specifically designed to boost employee productivity. Its main corridor, which connects six small office blocks, is set out like a village street and aims to improve informal communications. The building also houses a training department, and thus serves to boost links between office staff and those working in the field.

Commercial and Institutional Building Construction, Office Buildings, Nonresidential construction, not elsewhere classified, Buildings and facilities, Office construction, British Airways PLC

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Where eagles dare

Article Abstract:

Alitalia wants the IRI holding group, its public-sector owner, to provide more capital even though the airline has lost money since 1989.Alitalia is attempting to restructure to reduce costs and improve its image, but it is unlikely that IRI will provide the cash necessary.

Finance, Istituto per la Ricostruzione Industriale, Linee Aeree Italiane S.p.A.

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