CATHAY Pacific Airways’ shares fell abruptly yesterday after it revealed that it stood to lose US$1 billion due to hedging…
January 2009
UPS expands country network
08 / 01 / 2009
UPS has begun offering domestic express pick-up and delivery services inside 16 additional countries across Europe, Africa, the Middle East…
Further price hikes at Indian airports
08 / 01 / 2009
DELHI International Airport (DIAL) is to raise its fees by ten per cent. In a move that mimics Mumbai Airport’s…
Cargo plane skids off Sharjah runway
06 / 01 / 2009
A CARGO plane heading for Afghanistan skidded off the runway at Sharjah International Airport in the United Arab Emirates on…
Delta focuses on cargo
06 / 01 / 2009
DELTA Airlines, despite a dramatic fall in global air cargo demand, is to bolster its cargo operations. Following the merger…
ECS wins UIA contract
06 / 01 / 2009
UKRAINE International Airlines (UIA) has extended its 16-year working partnership with European Cargo Services (ECS). UIA awarded ECS a new…
Near miss at Kolkata airport
05 / 01 / 2009
A TWO-plane crash was narrowly averted at Kolkata’s International Airport in India on New Year’s Eve. The pilot of an…
Air India joins Star Alliance
05 / 01 / 2009
AIR India has signed an agreement to join the Star Alliance kickstarting a 12 to 18 month integration process. The…
KTS signs agreement with KWE
05 / 01 / 2009
SHIPPING and logistics company Kuwait Transcontinental Shipping (KTS) has signed a global freight forwarding agreement with Kintetsu World Express (KWE)….
Middle East freight next casualty in downturn
05 / 01 / 2009
DUBAI Middle East freight traffic fell by 2.6 per cent in November 2008 and the whole Middle East region is…
Beijing airport sells stake in Air China Cargo
05 / 01 / 2009
CAPITAL Airports Holding Company (CAH) is selling a 24 per cent stake in Air China Cargo (also known as International…
HK airport strike hits festive period
05 / 01 / 2009
HONG Kong Airport was hit by a three-hour strike by ground workers between Christmas and New Year. Management of Hong…
Air France-KLM and Iraq sign aviation deal
05 / 01 / 2009
AIR France-KLM has signed a deal with Iraq that will see it heavily invest in Baghdad airport and allow Iraqi…
DGX opens Manila facility
04 / 01 / 2009
DEPENDABLE Global Express (DGX) is expanding its presence in Asia with the opening of a full-service facility in Manila. The…
BE Aerospace to convert A300-600s
04 / 01 / 2009
B/E Aerospace has been given permission by the US Federal Aviation Administration to convert Airbus A300-600 passenger aircraft to freighters….
Chronic crisis for air cargo
04 / 01 / 2009
INTERNATIONAL cargo traffic fell a dramatic 13.5 percent in November according to IATA figures. The organisation describes the situation, which…
Singapore pilots offered unpaid leave
04 / 01 / 2009
SINGAPORE Airlines (SA) has offered its 300 cargo pilots up to 30 months’ unpaid leave due to the slump in…
UTi Worldwide names new CEO
04 / 01 / 2009
UTI Worldwide has appointed Eric Kirchner as its new chief executive officer, as of 19 January, 2009. He succeeds Roger…
Worst over claims Kingfisher boss
04 / 01 / 2009
VIJAY Mallya, Kingfisher Airlines’ chairman, predicted that “the worst is over for the airline industry” when he was speaking at…
NATO continues An-124 lease from Ukraine
04 / 01 / 2009
NATO has extended its two-year lease of six Russian/Ukrainian An-124s. Two are leased from a Ukrainian company full-time while four…
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