August 2011

FAA fights the Eagle

THE cash-strapped Federal Aviation Administration (FAA) in the US is looking to bring in some money where it can –…

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Nigerian airports in need of cargo upgrade

NIGERIAN freight forwarders are urging authorities to improve the country’s airports, as out-of-date facilities are hindering the flow of freight….

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Virgin cargo volumes up

VIRGIN Atlantic Cargo, helped by subsidiary V Australia, has seen double-digit growth in international tonnage. Strong performance saw tonnage carried…

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Maximus adds converted Airbus trio

AS part of its Dh350 million (US$95.3 million) expansion programme Maximus Air Cargo has taken delivery of the first of…

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Fatal Russian freighter crash

LESS than two weeks after the Asiana freighter crash into the East China Sea, another freighter has crashed, this time…

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US cargo tax-break off

ALMOST US$400 million in uncollected taxes later, and finally the US Senate has brought the Federal Aviation Administration (FAA) back…

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Korean shows mixed results

KOREAN Air’s operating revenue for the second quarter rose 1.5 per cent to KRW2.83 trillion (US$2.6 billion). However, the company…

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Kruger to lead Toll forward

TOLL Holdings has appointed its chief financial officer (CFO), Brian Kruger (right), as its new managing director. Kruger will replace…

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Jakarta airport growth blocked

PLANS to expand Jakarta’s Soekarno-Hatta International Airport have been blocked by a local authority who wants the investors to build…

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Panalpina volumes slip

PANALPINA’s first half airfreight volumes dipped two per cent against the same period last year. The company’s focus on unit…

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Charters answer Horn of Africa’s call

CHARTER brokers are seeing a huge increase in demand for charters to carry desperately needed humanitarian aid for the starving…

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AA and BAA parent could merge

IF the US government relaxed its limits on foreign ownership of airlines in the country American Airways (AA) could merge…

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Yusen to appeal cartel fine

YUSEN Logistics will appeal against a lawsuit brought by the Japan Fair Trade Commission (JFTC) concerning its alleged airfreight price-fixing…

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Atlas hopes rest on -8F delivery

ATLAS Air’s poor second quarter performance is being side-swept by the revised delivery date of its 747-8Fs. Income for the…

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