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To: porcupine --''''> who wrote (951)11/9/1998 8:09:00 PM
From: porcupine --''''>  Respond to of 1722
 
China Airlines gets Asia's first Boeing B737-800

TAIPEI, Oct 26 (Reuters) - Taiwan's leading carrier China
Airlines <2610.TW> said on Monday it has taken delivery of a new
Boeing 737-800 passenger jet -- the first in Asia -- and planned
to take seven more by the end of 1998.
China Airlines ordered 15 B737-800s worth US$750 million in
December 1995, becoming the first Asian carrier to buy Boeing's
latest 737 model, China Airlines said in a statement.
The carrier said it planned to take eight B737-800s in 1998
and a further seven between 1999 and 2001.
The B737-800s fleet would replace five existing B737-400s to
fly short- and medium-haul domestic and regional routes.
In May, Taiwan aviation authorities ordered China Airlines
not to buy or lease any more aircraft until it improves its air
safety standards.
The buying freeze had no effect on already approved plane
purchases, including that for the Boeing 737-800s.
The restriction was put in place after a China Airlines
Airbus [ARBU.CN] A300-600R crashed at Taipei's international
airport, killing all 202 people in Taiwan's worst air disaster.
((Taipei newsroom, +886 2 2508-0815 fax +886 2 2508-0204,
taipei.newsroom@reuters.com))



To: porcupine --''''> who wrote (951)11/9/1998 8:28:00 PM
From: porcupine --''''>  Read Replies (1) | Respond to of 1722
 
Sanford Bernstein late Tuesday (10/27/98) said it raised its 1998 earnings estimate on AT&T CORP to $3.44 from $3.40 and increased the
1999 estimate to $4.20 a share from $4.05 a share. The 1999
forecast excludes the pending acquisition of Telefrom
continuing operations of $2.1 bln or $1 a share, compared with
$1.1 bln or $0.60 a share a year ago. They said AT&T reported a
general strong quarter as the highlights, including wireless,
the solutions business and costs controls, morentinues to rate
AT&T as an outperform. (Reuters 09:53 PM ET 10/27/98)