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HAWAII
Castle & Cooke wins Kapolei homes bid
The state Housing and Community Development Corporation of Hawaii has selected
Castle & Cooke to build 492 units of affordable housing in the Villages of Kapolei for $108.4 million.
The proposal includes 205 units that will be for sale and 287 that can be rented. The construction is to start in July 2006. The company was among four finalists.
The agency said it gave preference to developers that incorporated a range of incomes and will keep the apartments as affordable rentals the longest.
Outrigger guests can shed baggage
Some guests at Outrigger Waikiki on the Beach and Outrigger Reef on the Beach in Waikiki can now check their luggage to the U.S. mainland from their hotel, before leaving for the airport.
The service is available to those who fly on Aloha, Hawaiian, ATA and Continental airlines.
The guests can pay a fee to turn their luggage over to BaggageDirect, a California company that can transport items to the airport and take them through security screening. For passengers whose final destination is Los Angeles International Airport, the company can reunite them with their luggage at their doorstep.
The service costs $30 for one passenger and $15 for each additional passenger in the same party.
WORLD
India's biggest company splits
Reliance Industries Ltd.'s founding members, the Ambani brothers, agreed to split the $23 billion oil-refining, chemicals and cell phone services group, ending a seven-monthlong ownership feud at India's largest non-state company.
Chairman Mukesh Ambani, 48, will retain control of the flagship, running oil, gas and chemicals, while younger brother Anil will run power, cell phone and financial services businesses, Kokilaben, widow of the late Reliance founder Dhirubhai Ambani said in an e-mailed statement today.
Airbus sells $33.5 billion in planes
PARIS »
Airbus said it had sold $33.5 billion worth of airplanes at the Paris Air Show as it announced another order yesterday for 18 single-aisle A319 jets from low-cost carrier
Germanwings.
Airbus also said the overall figure, based on list prices that are usually discounted for the deals, excludes a commitment from an undisclosed airline to buy 40 jets from the same A320 small airliner family.
The Germanwings order takes to 280 the number of planes sold by Airbus at Le Bourget, the aerospace industry's biggest global gathering.
Boeing has unveiled 146 jet sales worth about $15 billion at list price at Le Bourget -- half the value of its rival's air show business -- and says it is unlikely to announce any more deals before tomorrow's close.
At the start of the month, Boeing said it had 255 firm orders this year to Airbus' 196 and looked set to beat Airbus' order book for the first time in four years -- but the European plane maker's late surge makes that look less likely.