US: Airport Fire Expands In Southern California, Destroys Homes 3

Airport Fire burning in Orange and Riverside Counties, Southern California has grown to more than 23,000 acres as of Wednesday morning, September 11. The fire injured at least seven people and destroyed homes.

JAL to fall into red in FY 2006 for 2nd year running

JAL to fall into red in FY 2006 for 2nd year running

TOKYO, Japan - Japan Airlines Corp. Haruka Nishimatsu speaks at a news conference in Tokyo on May 2 where he announced the airline has revised its group earnings forecast for the 2006 business year which ended in March 31 to a net loss of 16.2 billion yen from an earlier projected profit of 3 billion yen. The airline reported a loss of 47.24 billion yen in fiscal 2005.

Seagaia resort hotels make fresh start as Sheraton members

Seagaia resort hotels make fresh start as Sheraton members

MIYAZAKI, Japan - Michael Glennie, president of Phoenix Resort, operator of the Seagaia resort complex, speaks at a ceremony in Miyazaki on Jan. 10 to mark a fresh start for two hotels of the failed resort. Glennie said the two hotels will do business as Sheraton member hotels. Phoenix Resort is owned by U.S. investment company Ripplewood Holdings LLC, which purchased Seagaia for 16.2 billion yen last June after Phoenix Resort collapsed in February the same year with debts of 326.1 billion yen.

Seagaia resort hotels make fresh start as Sheraton members

Seagaia resort hotels make fresh start as Sheraton members

MIYAZAKI, Japan - Michael Glennie, president of Phoenix Resort, operator of the Seagaia resort complex, speaks at a ceremony in Miyazaki on Jan. 10 to mark a fresh start for two hotels of the failed resort. Glennie said the two hotels will do business as Sheraton member hotels. Phoenix Resort is owned by U.S. investment company Ripplewood Holdings LLC, which purchased Seagaia for 16.2 billion yen last June after Phoenix Resort collapsed in February the same year with debts of 326.1 billion yen.

JAL to fall into red in FY 2006 for 2nd year running

JAL to fall into red in FY 2006 for 2nd year running

TOKYO, Japan - Japan Airlines Corp. Haruka Nishimatsu speaks at a news conference in Tokyo on May 2 where he announced the airline has revised its group earnings forecast for the 2006 business year which ended in March 31 to a net loss of 16.2 billion yen from an earlier projected profit of 3 billion yen. The airline reported a loss of 47.24 billion yen in fiscal 2005. (Kyodo)