October 2009

China Southern Airlines profits jump up

CHINA Southern Airlines has posted a year-to-date profit (at the end of September) of ?322 million (US$47.1 million), up 134.2…

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Delta cargo revenues down more than half

DELTA has posted a third-quarter loss of US$161 million. The US airline, which is phasing out its freighter fleet, said…

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AirBridgeCargo launches Narita freighter

AIRBridgeCargo Airlines is launching a new B747-400 freighter service from Amsterdam Schiphol Airport (The Netherlands) to Narita Tokyo (Japan).The Russian…

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Improving figures misleading, says IATA

 FIGURES for freight traffic in September show demand is improving, although only slowly and not as much as an initial…

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LAN third-quarter profit down 37 per cent

CHILE’S LAN Airlines’ revenues fell 19 per cent and net profit fell 37 per cent in the last quarter, from…

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ANA pins hopes of cargo profit on Naha airport

ALL Nippon Airways (ANA) is to use Naha Airport, in Japan’s southern-island province, Okinawa, as its cargo hub. By doing…

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Atlas profits shoot up 181 per cent

ATLAS Air’s third-quarter profits grew 181 per cent compared to the same period last year. Atlas, the parent of Atlas…

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Vietnam cuts airport fees

VIETNAM has cut landing and take-off fees for international airlines by five per cent.Pham Xuan The, head of finance at…

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Russian freighter makes emergency landing at Sharjah

ANOTHER cargo plane has had an incident at Sharjah Airport less than a week after the Sudanese 707 crash last…

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UPS third-quarter down nearly a half

UPS’ third quarter results reveal a 43 per cent drop in profit and a 15 per cent drop in revenue…

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Australia widens cartel investigation

AUSTRALIA’S competition regulator – the Australian Competition and Consumer Commission (ACCC) – will widen its net and attempt to prosecute…

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Azza barred from UAE airspace

AZZA Air Transport Company – the Sudanese company that operated the Boeing 707 cargo aircraft that crashed in Sharjah last…

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Panalpina and Atlas extend cooperation agreement

PANALPINA and its long-time airline partner, Atlas Air, have renewed their cooperation agreement. Within this cooperation, Panalpina provides own-controlled capacity…

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Iberia struck by two-day strike

SPAIN’S Iberia Airlines has cancelled 440 flights because of a two-day strike by cabin crews.The 48-hour stoppage started on Sunday…

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Aramex manages to post third-quarter profit

ARAMEX announced its financial results for the three months ending 30 September. The company declared a net profit of AE$41.7…

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New joint venture launches behind Air China Cargo

CHINA’S airfreight recovery is speeding up as Cathay Pacific, Dragonair and Air China negotiate operating Air China Cargo as their…

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Ballooning debt leaves JAL in need of rescue

REPORTS in Japan have stated that Japan Airlines’ net loss may rise to about 500 billion yen (US$5.5 billion) for…

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Lufthansa Cargo ready to abandon Italian operations

LUFTHANSA Cargo is set to withdraw its two MD-11Fs from Milan by the end of the year, after finding that…

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DHL executives sacked after huge UK theft operation discovered

DHL Global Forwarding has sacked UK Regional Director David Stroud and Import Manager Lee Cook after it was revealed that…

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Gatwick sold as BAA break up begins

BAA is selling Gatwick Airport to US-based investment firm Global Infrastructure Partners (GIP) for £1.5 billion. The BAA had been…

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