June 12, 2012

Thai axes president

THAI Airways International’s board is sacking its president Amranand Piyasvasti due to disagreements over strategy. Panyayong Chokchai, vice-president of strategy…

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EL Al awaits US price-fixing settlement approval

EL Al ISRAEL Airlines awaits approval for its US$15.8m US class action settlement over alleged price-fixing. The carrier has already…

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Muscat Airport’s cargo hub bid

OMAN is to transform Muscat International Airport (MIA) into an “international gateway and air freight logistics hub” to cope with…

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Grandstar Cargo to be liquidated

GRANDSTAR Cargo International Airlines (China) is to be liquidated. The beleaguered carrier, jointly owned by Chinese shipper Sinotrans and Korean…

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IAG stake on sale

TROUBLED Spanish bank Bankia is to sell a 12 per cent stake in IAG; parent company to British Airways and…

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Bout witness gets five years

AN air cargo accomplice of Viktor ‘Merchant of Death’ Bout will be free within the year after turning star witness…

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Taiwan cargo falls

TAIWAN’S China Airlines and EVA Airways have revealed shrinking cargo growth that overshadows their growing passenger business. China Airlines reports…

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Asia-Pacific carriers enjoy cargo climb

RISING confidence in non-European economies has brought an end to the cargo slump, says the International Air Transport Association (IATA)….

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U-turn over fatigue law excluding cargo pilots

A LAWSUIT lodged by the Independent Pilots Association (the UPS pilots’ union) has forced the Federal Aviation Administration (FAA) to…

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Say farewell to freighters

THESE are miserable times for freighter operators, with cargo flows out of Asia weak and doubts over the European economy….

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Russia flexes muscles with Lufthansa via Swiss

LUFTHANSA-owned Swiss International Air Lines has made a deal with Russia to allow it to use Russian airspace for one…

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Crystal Cargo’s third-quarter gem

ETIHAD Crystal Cargo has experienced a 16 per cent year-on-year growth in tonnage (from 66,916 to 77,623 metric tonnes) in the…

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Brucargo starts tracking project

BRUSSELS Airport (Brucargo) is starting a 15-month general packet radio service (GPRS) project to track air cargo in real time.  The…

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