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BAA says losses 'nearly halved' |
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Thursday, 29 July 2010 |
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BAA SP, which owns the UK's London Heathrow and Stansted airports, says it has nearly halved its loss in the first half of the year to GBP260m, a 34 per cent improvement on last year's GBP392 million. It came despite passengers numbers dropping 4.5 per cent because of disruptions caused by volcanic ash clouds and industrial action at British Airways.
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Air cargo up, but IATA tips slowdown |
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Thursday, 29 July 2010 |
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International air cargo demand was up by more than 25 per cent in June compared with a year ago and passenger numbers rose more than 10 per cent, according to the International Air Transport Association (IATA).
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Malaysia budgets 5pc charter growth |
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Thursday, 29 July 2010 |
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Malaysia's Malaysia Airlines says it expects to see five per cent annual growth in revenue from charter services. Last year, it recorded about RMB200 million from its charter flights.
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BAA staff to vote on strike action |
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Thursday, 29 July 2010 |
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As previously flagged, key UK airport workers will be balloted in a dispute that could disrupt flights over the busy August period.
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Thursday, 29 July 2010 |
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UK carrier British Airways has criticised UK government plans to charge all passengers flying from the UK a fixed fee to cover airline failures.
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Etihad A330-200F to service Africa, China |
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Thursday, 29 July 2010 |
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UAE-based Etihad Airways says it will deploy its newly delivered Airbus A330-200 freighter on routes to Africa and China.
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Qantas to keep Aust Air and Star Track Express shares |
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Thursday, 29 July 2010 |
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Australia's Qantas wants a base in mainland China that it can use to serve Europe, but needs European permissions, according to ceo Alan Joyce.
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American evidence to hurt partner airlines? |
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Thursday, 29 July 2010 |
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USA-based American Airlines reportedly has agreed to give evidence against other airlines and pay US$5 million to a group of freight shippers to settle a class-action lawsuit over its role in a global air cargo price-fixing cartel.
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