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Singapore reviews Calcutta plan |
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Tuesday, 18 March 2008 |
After the Airports Authority of India asked airlines to pay late fees for keeping goods in its Calcutta warehouse during the March 12-13 staff strike, Singapore Airlines says it may delay plans to introduce an additional freighter service to the city. Affected airlines said the cargo could not be cleared because the airport’s staff were not available.
The fine was subsequently waived, but many airlines and agents suffered losses running into tens of millions of rupees. –Jack Handley
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Blue Dart adds 32 per cent capacity |
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Tuesday, 18 March 2008 |
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India’s Blue Dart is to replace its existing B737 fleet of four with B757s, boosting cargo-carrying capacity by around 32 per cent. The move will be funded internally and the carrier is working with parent DHL to assess whether the aircraft can be deployed internationally.
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Tuesday, 18 March 2008 |
Alitalia has agreed to a takeover by Air France-KLM that values the Italian airline at US$183.8 million, or 0.10 euro a share.
The bid carries significant financial conditions including the purchase of Alitalia’s convertible bonds at market rates, worth around Euro 608 million and a Euro 1 billion rights issue fully guaranteed by Air France-KLM.
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Swift sells to Barloworld |
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Monday, 17 March 2008 |
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Barloworld Logistics, the supply chain management subsidiary of industrial multinational Barloworld, has acquired Dubai-based Swift Group and its affiliates in the Far East, India, UAE, Africa and Germany.
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Monday, 17 March 2008 |
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Emirates SkyCargo manager Australia and New Zealand Glenn Baxter has resigned and left the company. He advised his intention to resign last Friday and under company policy was asked to leave the same day. Melbourne-based Baxter, who was the carrier’s inaugural cargo manager when the airline began flying to Australia, is expected to take a teaching postion with the Melbourne University.
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May start for sniffer dogs |
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Monday, 17 March 2008 |
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The USA’s Transportation Security Administration program has begun training sniffer dogs to search for explosives in air cargo.
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Quikjet sets ambitious target |
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Monday, 17 March 2008 |
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Competitors say Quikjet, India’s latest cargo operation, will be playing in an overcrowded market, but the new carrier disagrees.
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Monday, 17 March 2008 |
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Following the Indian government’s decision to allow direct foreign investment in cargo airlines, Wadia Group/GoAir says it is seeking a foreign partner for a start-up cargo airline and also has begun talks with private airport operators to enter the ground handling business.
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Qantas to buy Jets Transport? |
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Friday, 14 March 2008 |
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Persistent market rumours in Sydney and Melbourne that Qantas Freight is in the process of acquiring leading road feeder services operator Jets Transport have not been confirmed.
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Memphis International still busiest -- for now |
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Friday, 14 March 2008 |
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Memphis International Airport – for the 16th year - has been named the No. 1 air cargo airport in the world by the Airports Council International <http://www.bizjournals.com/memphis/related_content.html?topic=Airports%20Council%20International> .
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Friday, 14 March 2008 |
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Malaysia Airlines has increased its fuel hedging. It will pay US$89 a barrel of crude for 43 per cent of its fuel this year, according to ceo Idris Jala. Crude oil hit US$110.20 a barrel earlier this week.
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Singapore Air Cargo, DHL donate prize |
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Friday, 14 March 2008 |
Singapore Air Cargo and DHL Global Forwarding donated a trip to Singapore at this week’s Watsonia Grower Dinner held at the Burswood Hotel, Perth, Australia.
The prize went to pig exporters Graham and Belinda Dent. A large number of female pigs reared in Western Australia are exported as fresh meat to Singapore.
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Panalpina 13.4 per cent up |
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Friday, 14 March 2008 |
For 2007, forwarding and logistics major Panalpina posted a 13.4 per cent gain in profits. EBITDA was up 15.4 per cent and net earnings up 14.8 per cent.
Air cargo totals increased by 8.4 per cent to 947,000 tonnes.
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Dollar decline boosts US freight exports for Asia duo |
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Friday, 14 March 2008 |
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Combined Cathay Pacific Airways (CX) and Dragonair traffic figures for February 2008 show strong growth in the number of passengers carried, together with a rise in cargo and mail tonnage.
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EC man calls for scanning reciprocity |
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Thursday, 13 March 2008 |
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A European Commission executive has called for reciprocity on the US law that will require countries to scan cargo headed to the United States.
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Thursday, 13 March 2008 |
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Cathay Pacific has launched twice-weekly B747-200 freighter services to Hanoi and Dhaka. As part of its plan to strengthen its cargo services by adding new destinations and aircraft, the airline ordered 10 B747-8 aircraft in November and will receive delivery of the first of six new Boeing 747-400 extended-range freighters this year.
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