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Business News Archive - November 04, 2008

ATP Oil & Gas Corporation (NASDAQ:ATPG) will host a live conference call on Thursday, November 6 at 10:30 am CT to discuss the company's third quarter results followed by a Q&A session.

China Cargo Airlines has selected Rockwell Collins to provide a comprehensive package of communication, navigation and surveillance avionics for 10 Boeing 777 aircraft. The deliveries of these aircraft are scheduled to begin in December 2009 and will continue through 2013.

United Airlines has reported a passenger load factor of 81.3% in October 2008, an increase of 0.2 points, compared to 81.1% in October 2007. The airline's total scheduled revenue passenger miles decreased 9.7% to 8.68 billion, compared to 9.61 billion in October 2007.

Air Berlin has announced that it will launch its first non-stop service to Venice, Italy from Dusseldorf, Germany on May 1, 2009. The airline will operate the new non-stop service Monday through Saturday.

Great Wall Airlines has signed an exclusive agreement to use Pratt & Whitney's EcoPower engine wash service on its fleet of PW4056 engines through 2010. All the engine washes will be conducted at EcoPower's Amsterdam service center.

Ireland-based low-cost airline Ryanair has carried 5.35 million passengers in October 2008, an increase of 18%, compared to 4.52 million passengers in October 2007. The load factor for the month of October 2008 was 85%, which is equal to that of in October 2007.

Serabi Mining plc (the "Company") Rule 2.10 Announcement The Company announces that, in accordance with Rule 2.10 of the City Code on Takeovers and Mergers, as at the close of business on 3rd October 2008 it had the following relevant securities in issue: 140,139,065 ordinary shares of 1p each.

Friends Provident has reported that its total life and pensions sales for the first nine months ended September 30, 2008 decreased 14% to GBP701 million on an annualized premium equivalent basis, as compared to the same period in 2007.

Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas company, today reported that during the third quarter ending September 30, 2008, Mubarek production from the H2 well was 7,875 barrels of oil. During the third quarter of 2008 the performance of the H2 well was stable.

Word of the Day
bawbee
  • A coin originally worth six pennies Scots, and later three; held equivalent to an English halfpenny.
  • (in plural) Money; cash.
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