June 2011

Freight demand dips in May

GLOBAL freight traffic dropped four per cent in May compared with May 2010. Carriers in all regions except Latin America…

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Panalpina focuses on total supply chain

PANALPINA plans to beat market growth with its gross revenues by 20 per cent, according to its latest corporate strategy….

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Sinotrans shuffles stakes

CHINA’S Sinotrans Air Transportation Development has announced it will sell its 50 per cent stake in Japan’s Hankyu Hanshin Express…

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Nigeria agrees Hydro Cargo comp

NIGERIA has agreed to pay US$6 million compensation to South Africa’s Hydro Cargo airline over an accident six years ago….

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THAI cancels Southern contract

THAI Airways has cancelled the use of one of its two freighters operated by Southern Air. THAI had a block…

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Shanghai hosts forwarder conference

ON 26-29 September the 8th Sino International Freight Forwarders Conference will be held at the Shanghai Pudong Expo. Organised by…

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Airport update 28 June 2011

CARGO facilities at Miami International Airport are rapidly expanding with two projects: a 37,000 square metre warehouse for Centurion Air…

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LA sued for breach of contract

OFFICIALS have reached a settlement over a breach-of-contract lawsuit to develop air cargo traffic at California’s Ontario International Airport (US)….

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US blacklists Iran Air Cargo

THE US has declared Iran Air and its subsidiaries, which includes Iran Air Cargo, a “proliferator of weapons of mass…

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Interest still strong for 747-8F

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, announced it will buy two…

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US security chief voices screening doubts

US secretary of homeland security, Janet Napolitano (right), has suggested 100 per cent screening of ocean cargo may be scrapped…

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Europe questions German airport cash

THE European Commission (EC) is investigating whether German state aid of €255 million (US$365 million) to Leipzig-Halle Airport, constitutes an…

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Cargo win from Euro, S Korean trade deal

A FREE-trade agreement (FTA) between Europe and South Korea could allow Korean Air Lines to take Cathay Pacific’s crown as…

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Chinese airfreight figures fall

AIR transport of goods by Chinese carriers has dipped by 4.2 per cent this May due to quiet overseas routes….

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World Airways extends Cargolux lease

BEGINNING next month World Airways, a subsidiary of Global Aviation Holdings, will extend its agreement with Cargolux to operate one…

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2,000 more Boeing freighters in 20 years

THE Boeing freighter fleet is set to double in the next 20 years to support a projected annual air cargo…

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Airport update 20 June

ASIA SINGAPORE’s Changi Airport Group has awarded a third ground-handling licence to US-based Aircraft Service International Group (ASIG). With the…

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Thai’s time to grow

ON 17 June Thai Airways International’s board of directors approved the acquisition of 37 commercial passenger and cargo aircraft. In…

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CAS gears up for next phase portal

CARGO Airport Services USA, North America’s largest ground-handling company, will roll out the second phase of its customer service portal…

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Europe security vote fails

EUROPE’S nations must work together to harmonise their air cargo security regime, says UK transport secretary, Philip Hammond. Speaking at…

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