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2010 losses to drop 50 per cent as yields rise - IATA |
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Friday, 12 March 2010 |
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The International Air Transport Association (IATA) has halved its predicted 2010 airline loss levels - from US$5.6 billion to US$2.8 billion - and says cargo and passenger yields will improve by three and two per cent respectively this year.
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SkyTeam woos China Eastern |
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Friday, 12 March 2010 |
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The SkyTeam Alliance has invited China Eastern Airlines to join it ahead of the Shanghai-based airline's decision on which airline alliance to join.
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Friday, 12 March 2010 |
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Korea's antitrust agency has slapped a KRW11 billion fine on the nation's two largest airlines for influencing travel agents not to book clients on new low-budget air carriers.
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Lufthansa posts small operating profit |
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Thursday, 11 March 2010 |
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German airline Lufthansa says it has achieved its aim and defied a market-related revenue drop of EUR2.56 billion by posting an operating profit of EUR130 million for 2009.
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Schenker achieves AEO status |
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Thursday, 11 March 2010 |
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Schenker UK has been awarded Authorised Economic Operator (AEO - F) status across its multi-modal branches for customs simplification and security and safety.
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Thursday, 11 March 2010 |
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Qantas Freight has become an associate member of Cargo 2000, a management program used by the cargo industry to set global standards in the transport and handling of freight.
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ACCC slams Sydney airport performance |
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Thursday, 11 March 2010 |
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Sydney airport has come under fire in the latest Australian Competition and Consumer Commission (ACCC) report on airport performance.
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Bangkok braced for disruption |
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Thursday, 11 March 2010 |
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Thailand's capital Bangkok may be a no-go area this weekend if a massive anti-government protest paralyses the city.
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Thursday, 11 March 2010 |
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Swiss logistics group Panalpina says it expects air and ocean freight markets to recover in 2010, despite posting a Q4 net loss of SFR11 million.
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Future is in e-freight - IATA |
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Thursday, 11 March 2010 |
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The International Air Transport Association (IATA) director general and ceo Giovanni Bisignani has told delegates at the IATA World Cargo Symposium he sees the "e-freight agenda" as a way to accelerate the industry's recovery and improve prospects for future profitability.
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Air Canada slams Emirates plan |
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Thursday, 11 March 2010 |
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The ceo of Canada's Air Canada, Calin Rovinescu, has responded harshly to recent efforts by UAE-based Emirates to expand its services to Canada.
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10 Dreamliners for Iraqi Air |
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Thursday, 11 March 2010 |
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The government of Iraq is to pay around US$1 billion to buy 10 Boeing 787 Dreamliners on behalf of its flag carrier Iraqi Airways.
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China Eastern plans cargo consolidation |
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Thursday, 11 March 2010 |
Following its takeover of Great Wall Airlines, China's China Eastern plans to combine Great Wall's operations with those of its own cargo business and those of the recently-purchased subsidiary Shanghai Airlines as it battles a new Cathay-Air China rival.
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Lufthansa posts February cargo improvement |
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Thursday, 11 March 2010 |
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Germany's Lufthansa says its February group cargo tonnage was up 9.1 per cent and passenger totals rose 20 per cent to 5.6 million despite a strike that grounded some planes.
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Trio offer to give up slots |
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Thursday, 11 March 2010 |
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UK carrier British Airways, USA-based American Airlines and Spain's Iberia have offered to give up takeoff and landing slots at London and New York airports to offset European Union antitrust worries over their planned co-operation on Atlantic routes.
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Descartes files first ICS test messages |
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Thursday, 11 March 2010 |
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Network logistics firm Descartes says it has successfully filed its first Import Control System (ICS) test messages with the European Commission's Taxation and Customs Union as part of its GLN Customs Filing and Compliance services.
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