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Toll buys LDS

: Latest News; Monday, 09 November 2009

Australian transport and logistics company Toll Holdings has bought Logistic Distribution Systems (LDS), a leading international freight forwarding business based in Dubai, UAE.

BA reports loss, staff go to court February

: Latest News; Monday, 09 November 2009

British Airways workers have agreed "unwillingly" to work new schedules with reduced staffing pending a full High Court hearing early February next year.

Fraport freight falling more slowly

: Latest News; Monday, 09 November 2009

The owner of Germany’s Frankfurt airport, Fraport, has reported a 55 per cent fall in Q3 profit and a 16.6 per cent traffic fall, but says freight volume is recovering.

Emirates profit surges

: Latest News; Friday, 06 November 2009

Dubai-based Emirates Airline says its profit for the six months through September almost tripled to 752 million dirhams (US$204.9 million) from 284 million dirhams (US$77.4 million) during the same period in 2008, thanks to cost-cutting measures and lower fuel prices.

IATA wins Travelport dispute

: Latest News; Friday, 06 November 2009

The International Air Transport Association (IATA) has won a Netherlands court victory in a dispute with technology firm Travelport over Bank Settlement Plan (BSP) data and PaxIS.

Government to take Malev stake?

: Latest News; Friday, 06 November 2009

Hungary's government may take a stake in loss-making national airline Malev through converting financial guarantees into equity, but will not pay cash for any shares it acquires, Finance minister Peter Oszko said.

Nippon Express reports drops

: Latest News; Friday, 06 November 2009

Japanese forwarder Nippon Express has reported drops in sales and profit for the six months ending September 30, with revenue US$8.4 billion in the April-September period, down 19.7 per cent from the same period last year.

Airbus set for maiden A330-200 flight

: Latest News; Friday, 06 November 2009

European planemaker Airbus is preparing for the maiden test flight of its new mid-size A330-200F freighter plane.

Laparkan into St Lucia

: Latest News; Friday, 06 November 2009

Laparkan Airways is to introduce an air cargo service from Miami, USA to St Lucia, Caribbean. It will use its regular 767 freighter service on Tuesdays and Fridays from Miami with a same day connection to St Lucia’s Hewanorra International Airport via Trinidad and Tobago.