March 2012

Wave of change

AIR Cargo News, from the latest issue onwards, has totally changed its editorial coverage and design. The job of Air…

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Indias global aviation hub ambitions

INDIA has the potential to become a global aviation hub, if it is prepared to pursue polices that encourage growth,…

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Whistleblower escapes US$226m fine

THE ‘Gardening Club’ freight forwarding cartel has been fined €169m (US$226m) by the European Commission (EC). The cartel – so-called…

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KLM and LAN Cargo settle price-fixing case

FRANCO-Dutch airline Air France-KLM and LAN Cargo have agreed a settlement in the Air Canada Cargo class action over alleged…

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Air Cargo News launches fund for future industry leaders

AIR Cargo News is launching a scholarship to support students who want to pursue a career in the air cargo…

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SIA and South African settle price fixing charges

SOUTH African Airways (SAA) and Singapore Airlines (SIA) have both made a plea bargain for price fixing of cargo with…

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Hactl welcomes third runway bid

HONG Kong Air Cargo Terminals Limited (Hactl) has praised the government’s  go-ahead for the third runway at Hong Kong Airport…

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Kenyan set for massive capacity expansion

KENYA Airways plans to invest US$3.6bn in new aircraft and routes to cash in on the growth in cargo between…

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Fuel anxiety shrinks profit margins

THE International Air Transport Association (IATA) is reducing its forecast for 2012 due to the rising cost of fuel. IATA…

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Liège safe from UPS’ TNT takeover, for now

UPS denies it has plans to close TNT’s Liège (Belgium) hub operations following its takeover of the Dutch express operator….

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KLM’s cargo shipments plummet in February

FRANCO-Dutch airline Air France-KLM has blamed the weak economy for its cargo traffic falling by 5.1 per cent in February….

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Takeover will create Euro giant

UPS will buy the Dutch TNT Express for US$6.85 billion (€5.2 billion), strengthening its lead as the world’s largest integrator…

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Saudia’s sea-sky move

SAUDI Airlines Cargo and the National Shipping Company of Saudi Arabia (NSCSA) will work together in partnership to ship urgent…

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Cathay cargo loss nears 10 per cent

CATHAY Pacific’s freight volumes dropped 8.6 per cent last year, as the airline filled 67.2 per cent of cargo space…

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Karachi crushed by customs strike

QATAR Airways and Air France-KLM Cargo have announced plans to restart scheduled freighter services to Karachi (Pakistan) at a time…

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QCS’ quick growth

FREIGHT forwarder Quick Cargo Service (QCS) has seen its turnover increase 11.5 per cent to €49 million (US$64.2 million) during…

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Qatar expands cargo routes

THIS year Qatar Airways will launch four new cargo routes and upgrade two existing ones. From late March new routes…

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Volga-Dnepr nears ACG acquisition

GERMAN anti-monopoly authorities are expected to approve Volga-Dnepr’s plans to acquire Air Cargo Germany (ACG) in the next two weeks….

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AF-KLM Cargo $100 million worse off

AIR France-KLM Cargo has gone from a US$19.8 million profit in 2010 to a $79.2 million loss in 2011– leaving…

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SIA to pilots – see you in two years

IN February it announced it would reduce capacity on its 13 747-400Fs by at least 20 per cent and now…

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