The Walt Disney Co. says "well over" 1 million people have visited Hong Kong Disneyland, relenting in releasing visitor figures amid speculation of disappointing attendance and criticism that the park wasn't adequately open about its operations.
The Walt Disney Co. says “well over” 1 million people have visited Hong Kong Disneyland, relenting in releasing visitor figures amid speculation of disappointing attendance and criticism that the park wasn’t adequately open about its operations.
The statement came after park officials repeatedly refused to disclose visitor numbers because of their sensitive nature and media reports that attendance at the park has been lackluster.
The South China Morning Post reported Monday that its reporters counted several thousand fewer park guests than the projected first-year daily average of 15,342 on two days in November.
In Wednesday’s statement, Disney Parks and Resorts Chairman Jay Rasulo said such calculations are “meaningless” because they don’t factor in differences in seasons.
Earnings strong at banking group
Mitsubishi UFJ Financial Group, the world’s largest banking group by assets, said Thursday it posted strong earnings results for the half-year through September because of lower bad-loan write-off costs.
The healthy results are the latest indication that Japan’s banks are on the mend after years of losses writing off mountains of nonperforming loans that piled up during the slowdown that started in the early 1990s.
Since Mitsubishi-UFJ was created Oct. 1 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, earnings results were broken down between the two.
The former Mitsubishi Tokyo said its group net profit for the six months rose 75 percent to $2.5 billion from $1.4 billion the same period a year earlier. Sales rose 11 percent to $12 billion from $10. billion.
The former UFJ Holdings posted a group net profit of $3.5 billion, a sharp recovery from the $5.7 billion net loss it suffered the same period the previous year.
GE engines chosen for carrier’s 787s
Japan Airlines, Asia’s largest carrier by sales, said it will buy General Electric’s GEnx engines for as much as $770 million to power its 787 aircraft that will enter service in 2008.
The engines will power 30 Boeing 787 planes, which were ordered in December, said Japan Air spokesman Hirokazu Inoue. The amount is based on list prices, he said.
Compiled from The Associated Press and Bloomberg News