SWISS WorldCargo showed a positive overall trend for 2008 despite falling demand. Total cargo traffic was 7.3 per cent up…
January 12, 2009
Lebanese carrier bought for 1
12 / 01 / 2009
DEFUNCT Trans Mediterranean Airlines (TMA) has been bought from the Banque Libano Francaise for US$1. Lebanese businessman Mazen Bsat, who…
ANA cancels A380 buy
12 / 01 / 2009
ALL Nippon Airways (ANA) has cancelled its purchase of Airbus’ A380, according to The Daily Yomiuri. ANA’s main rival, Japan…
Belgian freight
12 / 01 / 2009
BELGIAN airfreight is predicted to ride out the global slump in demand, according to market researcher, Mike King. “Our overall…
Launch of new Bolivian airline
12 / 01 / 2009
BOLIVIA is to launch a new state airline this month, Boliviana de Aviacion (BoA). This fills the space made by…
Swiss buys flyLAL
12 / 01 / 2009
SWISS Capital Holdings has bought flyLAL – Lithuanian Airlines. Lithuanian Airlines, which was privatised in 2005, has been struggling with…
ABX execs buy up shares
12 / 01 / 2009
STRUGGLING air cargo company ABX Air may yet have a resurgence. Following major restructure three top executives and five of…
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