August 2009

Ethiopian profits soar but dumps slowing Boeing

ETHIOPIAN Airlines has reported that its net profit for the first half of the year has more than doubled, compared…

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Lufthansa tackles record lows with acquisitions

LUFTHANSA Cargo made an operating loss of US$87 million in the second quarter this year, compared to a $95 million…

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Wallenborn starts expansion by acquiring Scandinavian Haugsted

WALLENBORN Transports, a Luxembourg-based logistics company, has acquired Haugsted AirCargo Services, one of the leading trucking and handling operators in…

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Lufthansa tackles record lows with acquisitions

LUFTHANSA Cargo made an operating loss of US$87 million in the second quarter this year, compared to a $95 million…

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Hactl sees moderate decline

HONG Kong Air Cargo Terminals Limited (Hactl), announced its air cargo tonnage throughput for July 2009. A total of 201,157…

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Agility opens new logistics hub in Malaysia

AGILITY has opened a logistics hub close to Kuala Lumpur, boosting the company’s total warehousing capacity in Malaysia to over…

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Outlook dire says Qantas boss but remains positive on future

CELEBRATING 50 years of Qantas flying across the Pacific, chief executive Alan Joyce said that, even with the recent plunge…

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AF-KLM loss for Q1 but merge cargo for US

AIR France-KLM Group has posted a net loss for the first-quarter of €431 million (US$606 million). This compares with net…

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Cargoitalia builds sales and handling network

CARGOITALIA – the new Italian-owned all-cargo airline – has appointed the GSSAs and handling agents who will represent the carrier…

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BAWC revenue down as Virgin and BA kick shins

BRITISH Airways World Cargo’s (BAWC) revenue fell 28.1 per cent in the first financial quarter compared to last year. Total…

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Maximus head to speak at FW conference

MAXIMUS Air Cargo, based in Abu Dhabi, will have president and chief executive officer, Fathi Buhazza (right), speak at the…

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ANA post cargo loss but plans growth

ALL Nippon Airways (ANA) lost ¥29.2 billion (US$306 million) in the first quarter of this financial year. This compares with…

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China Airlines suspends Taipei-Nashville service

CHINA Airlines has suspended its cargo service between Taipei (Taiwan) and Nashville (US). The carrier has operated a 747-400F on…

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Maximus signs Etihad contract

MAXIMUS Air Cargo has signed a contract with Etihad to operate seven freighter flights a week between the Middle East,…

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BAA loss triples

BAA’s losses for the first half of 2009 have more than tripled from the same period last year. In the…

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Clifford new v-p for Emirates

EMIRATES has made Conrad Clifford (right) its new vice-president for the UK and Ireland. Clifford replaces Vic Sheppard who is…

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Aegean Airlines appoints new GSSA for Spain and Portugal

AEGEAN Airlines has appointed CRS Airline Representatives as its first cargo GSSA for Spain and Portugal. CRS is the sixth…

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LAN profits plunge 93 per cent

CHILE’S LAN Airlines has posted a staggering plunge in profits of 93 per cent for the second quarter of 2009….

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Volga-Dnepr aids space program

VOLGA-Dnepr airlines have assisted the Russian space program by delivering Meteor-M satellite to its launch pad in Baikonour. The satellite,…

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Lufthansa Cargo adds new routes to the US

LUFTHANSA Cargo is offering new and attractive destinations in the USA and southern Europe. The Greek capital Athens has been…

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