MIDDLE Eastern cargo carrier, Midex Airlines, has launched a fund worth AE$1.8 billion (US $500 million) so it can invest…
ABX Air profits down a quarter
16 / 11 / 2009
AIR Transport Services, owner of cargo carrier ABX Air, has posted a drop of 25 per cent in profit for…
BA pension deficit may stall merger
15 / 11 / 2009
BA and Iberia’s merger talks are firming up. However, despite BA’s swaggering bravado, the airline’s pension deficit may cause a…
Etihad to invest $750 million
15 / 11 / 2009
ETIHAD Airways announced at the Dubai Airshow that it will invest US$750 million into its workforce, fleet and planning and…
Airbus, Boeing see profit in 2011
15 / 11 / 2009
SPEAKING at the Dubai Airshow, both Airbus and Boeing have, repeated their previous claims, made at Asian Aerospace Expo in…
JAL loses $1.5 billion in first half of the year
15 / 11 / 2009
STRUGGLING national carrier, Japan Airlines (JAL), has posted a US$1.5 billion loss for the first half of the financial year….
Cathay pilots win defamation claim
12 / 11 / 2009
A HONG Kong court has ordered Cathay Pacific to pay US$7 million compensation to 18 pilots it fired in 2001.In…
First 747-8 freighter rolls out
12 / 11 / 2009
BOEING towed the first 747-8 freighter out of its Washington factory yesterday. The aircraft, ultimately destined for Cargolux, will now…
Turkish Airlines to buy two A330Fs
12 / 11 / 2009
TURKISH Airlines has signed a Memorandum of Understanding to buy two A330-200 freighters.“By choosing the A330-family aircraft that offer best-in-class…
UAE to draw up blacklist of unsafe airlines
12 / 11 / 2009
THE UAE is preparing a blacklist of unsafe airlines that will be forbidden from flying in its airspace.Saif al-Suwaidi, director-general…
CORRECTION SIA struggles in second quarter
11 / 11 / 2009
SIA Cargo lost SG$193 million (US$138 million) in the first half of the financial year, with yields averaging out at…
Deccan Cargo pauses international network
11 / 11 / 2009
AS one Deccan cargo operation starts, another stops.Deccan 360, G R Gopinath’s (right) express operation, started flying eight freighters internationally…
New Chinese cargo start up gets first 757F
11 / 11 / 2009
CHINA’s SF Airlines – due to launch later in November – has taken delivery of its first Boeing 757-200 converted…
Potential BA, Iberia merger back on course
11 / 11 / 2009
BRITISH Airways’ (BA) and Iberia’s long-running on-and-off merger talks have spluttered into life once again. The two airlines are holding…
Air New Zealand to buy A320s
10 / 11 / 2009
AIR New Zealand is to consolidate its short-range fleet around Airbus aircraft, rather than Boeing.The carrier’s general manager for short-haul…
SAS makes surprise profit
10 / 11 / 2009
CONSIDERING how badly Scandinavian Airlines System (SAS) has been doing recently, posting its first profit in two years comes as…
Cobham buy may be too optimistic
10 / 11 / 2009
COBHAM Aviation Services Australia has bought three BAe 146QT freighters from BAE Systems to fulfil its renewed A$100 million (US$92.8…
Aryan Cargo launch delayed again
10 / 11 / 2009
INDIA’S new airfreight start-up – Aryan Cargo – has been delayed once again. The fledgling carrier was originally due to…
First-timers going for gold at BIFA Awards
08 / 11 / 2009
MORE first-time entrants have entered the British International Freight Association (BIFA) Freight Service Awards this year than ever before. Of…
Green light for Nigeria cargo airport
08 / 11 / 2009
NIGERIA’S government has given the go ahead to build a cargo airport in Anambra state. While it is ostensibly for…
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