November 2009

Emirates “confident” about Dubai debt crisis

DUBAI’S Emirates Group has stated that it is not in any financial risk due to its home state’s debt crisis.Emirates’…

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Italy targets forwarders

ITALY’S competition authority is investigating 20 forwarders for price fixing. Among those named are Agility Logistics, DHL Global Forwarding, Gefco,…

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Hong Kong peak surprise

HONG Kong has started to see signs of a peak season re-emergence after last year’s dismal offerings. Hong Kong Air…

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Sale may herald Chinese consolidation

CHINESE logistics giant, Sinotrans, may sell all or some of its 51 per cent controlling stake in its struggling Grandstar…

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FedEx to start domestic Indian service

FEDEX has announced that it will start operating a domestic express service in India. This will place it in direct…

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China approves new cargo operator

THE Civil Aviation Administration of China has approved an air operator’s certificate for new freighter operator Shunfeng Airways.The carrier will…

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October better but rebound still distant

INTERNATIONAL scheduled traffic results for October show conditions are slightly improving. Demand for international cargo rose to 0.5 per cent…

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AirBridgeCargo adds 747 freighter to fleet

AIRBRIDGECARGO Airlines (ABC) has added another Boeing 747-400ER freighter to its fleet.The new aircraft takes the total number of extended…

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Avient’s new MD-11F crashes In Shanghai

Days after being delivered to the airline, Avient’s first MD-11F has crashed at Shanghai-Pudong’s International airport, claiming the lives of…

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EU updates airline blacklist

THE European Commission’s (EC) latest update to its airlines’ safety blacklist has added all airlines from the Democratic Republic of…

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Europe’s airfreight falls 14 per cent

EUROPEAN airfreight fell 14 per cent in September compared to last year, the smallest decline since December. Total traffic was…

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El Al profits drops 60 per cent

EL AL Israel Airlines saw its profits drop 60 per cent in the third quarter, from US$31 million last year…

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US government joins Agility fraud case

THE US government has joined the private lawsuit brought against Agility, trading under its old name of Public Warehousing Company…

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Aeroflot to ditch freighters

Air Cargo News has learned that Aeroflot is negotiating to return its MD-11Fs to the lessor, after electing to end…

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Nippon Yusen looking to leave airfreight

JAPAN’S Nippon Yusen has hinted that it is looking to consolidate its airfreight services with another operator so that it…

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AF-KLM takings down 40 per cent

AIR France-KLM (AF-KLM) Cargo revenue plummeted over 40 per cent in the second quarter ending 30 September to US$851 million…

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CEVA profits fall a third

CEVA Logistics has posted third quarter profits that dropped by a third compared to last year, from US$152 million to…

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Corruption raid at Chennai cargo centre

NINE Customs officials at Chennai airport’s air cargo complex have been arrested for corruption. The nine, which included four superintendents,…

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JAL scores another government bailout

AFTER months of negotiation struggling Japan Airlines (JAL) has finally secured another government loan. This is the fourth time since…

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Thai to operate freighter fleet

THAI Airways’ managing director cargo, Pruet Boobphakam (right), has confirmed the carrier’s plans to operate its own freighters eventually.“That will…

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