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LaHood invites ‘suffering’ industry to forum

: Latest News; Friday, 13 November 2009

The USA Transportation secretary, Ray LaHood, is hosting a forum to discuss the state of the airline industry and ways government can help provide economic stability for air carriers. The meet comes at a time when the country’s Air Transport Association, which represents major carriers, says airlines currently are flying fewer seat kilometres than they have in a decade, have shed more than 130,000 jobs (since 2000) and lost an estimated US$33 billion in the same period.

American, TPG to partner?

: Latest News; Friday, 13 November 2009

USA carrier American Airlines and private equity firm TPG may invest at least US$300 million in Japan’s struggling Japan Airlines, an unconfirmed media report from Bloomberg says. TPG helped Continental Airlines back to profitability a few years ago, and so has experience in the sector.

Nippon Yusen seeking US$1.6 billion

: Latest News; Friday, 13 November 2009

Japanese shipping company Nippon Yusen wants to raise up to US$1.6 billion through a public share offering to speed its restructuring and to buy new ships after a global shipping slump and airfreight losses drove it to a first-half loss of JPY29.3 billion.

Agility reports 15pc net gain

: Latest News; Thursday, 12 November 2009

Logistics company Agility has reported continued profitability for Q3 2009, despite the ongoing global financial crisis.

CSafe to incorporate IATA label

: Latest News; Thursday, 12 November 2009

Technology solutions provider for the temperature sensitive airfreight market CSafe is to incorporate the IATA regulated Time and Temperature Sensitive Label for healthcare products on its AcuTemp(R) RKN air cargo container.

Expeditors' revenues down, yield up

: Latest News; Thursday, 12 November 2009

USA-based Expeditors says net revenues decreased 17 per cent for the nine-month period ended September 30, 2009, compared with the same period for 2008.

Cargo down, passengers up for Lufthansa

: Latest News; Thursday, 12 November 2009

Germany’s Lufthansa says October airfreight was down at 161,000 metric tons compared with 169,000 metric tons a year ago, but passenger numbers rose nearly 30 per cent, helped in part by figures from two newly-acquired airlines.

Continental changes terminals

: Latest News; Wednesday, 11 November 2009

USA carrier Continental Airlines, which recently joined the Star Alliance marketing group, will move its airport operations at France’s Paris Charles de Gaulle and Spain’s Barcelona’s El Prat to Terminal 1 at both facilities to speed connections between its flights and those of other Star Alliance airlines.

Korean stays in the black

: Latest News; Wednesday, 11 November 2009

South Korea's Korean Air has posted its second consecutive quarterly net profit thanks to lower fuel costs and its strengthening home currency.

Page 1649 of 2078

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Cathay Cargo

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United

LaHood invites ‘suffering’ industry to forum

: Latest News; Friday, 13 November 2009

The USA Transportation secretary, Ray LaHood, is hosting a forum to discuss the state of the airline industry and ways government can help provide economic stability for air carriers. The meet comes at a time when the country’s Air Transport Association, which represents major carriers, says airlines currently are flying fewer seat kilometres than they have in a decade, have shed more than 130,000 jobs (since 2000) and lost an estimated US$33 billion in the same period.

American, TPG to partner?

: Latest News; Friday, 13 November 2009

USA carrier American Airlines and private equity firm TPG may invest at least US$300 million in Japan’s struggling Japan Airlines, an unconfirmed media report from Bloomberg says. TPG helped Continental Airlines back to profitability a few years ago, and so has experience in the sector.

Nippon Yusen seeking US$1.6 billion

: Latest News; Friday, 13 November 2009

Japanese shipping company Nippon Yusen wants to raise up to US$1.6 billion through a public share offering to speed its restructuring and to buy new ships after a global shipping slump and airfreight losses drove it to a first-half loss of JPY29.3 billion.

Agility reports 15pc net gain

: Latest News; Thursday, 12 November 2009

Logistics company Agility has reported continued profitability for Q3 2009, despite the ongoing global financial crisis.

CSafe to incorporate IATA label

: Latest News; Thursday, 12 November 2009

Technology solutions provider for the temperature sensitive airfreight market CSafe is to incorporate the IATA regulated Time and Temperature Sensitive Label for healthcare products on its AcuTemp(R) RKN air cargo container.

Expeditors' revenues down, yield up

: Latest News; Thursday, 12 November 2009

USA-based Expeditors says net revenues decreased 17 per cent for the nine-month period ended September 30, 2009, compared with the same period for 2008.

Cargo down, passengers up for Lufthansa

: Latest News; Thursday, 12 November 2009

Germany’s Lufthansa says October airfreight was down at 161,000 metric tons compared with 169,000 metric tons a year ago, but passenger numbers rose nearly 30 per cent, helped in part by figures from two newly-acquired airlines.

Continental changes terminals

: Latest News; Wednesday, 11 November 2009

USA carrier Continental Airlines, which recently joined the Star Alliance marketing group, will move its airport operations at France’s Paris Charles de Gaulle and Spain’s Barcelona’s El Prat to Terminal 1 at both facilities to speed connections between its flights and those of other Star Alliance airlines.

Korean stays in the black

: Latest News; Wednesday, 11 November 2009

South Korea's Korean Air has posted its second consecutive quarterly net profit thanks to lower fuel costs and its strengthening home currency.

Page 1649 of 2078

HACTL

Cathay Cargo

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HACTL

Cathay Cargo

Join us on Facebook

Follow us on Twitter