Latest News

Friday, 30 October 2009

Auckland International Airport is holding to its earnings forecasts for the current financial year despite a small improvement in passenger movements.

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Latest News

Friday, 30 October 2009

Demand for international cargo in September was 5.4 per cent below September 2008 levels, while load factors for passenger and cargo returned to pre-crisis levels of 77.1 per cent and 50.8 per cent respectively, according to the International Air Transport Association (IATA).

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Latest News

Friday, 30 October 2009

USA's Los Angeles International Airport (LAX) says it saw a 2.5 per cent year-over-over gain in freight traffic in September - its first yearly growth since November 2007.

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Latest News

Friday, 30 October 2009

US carrier US Airways is to cut 1,000 jobs – equal to about three per cent of its workforce – next year and drop 44 per cent of daily flights from Las Vegas as well as ending ex-Philadelphia services to five European cities.

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Latest News

Friday, 30 October 2009

China’s Air China and Cathay Pacific Airways will set up China's biggest cargo joint venture in Shanghai next year.

Air China will hold 51 per cent in the venture and Cathay Pacific will take the balance. The two carriers will provide the venture with 10 Boeing 747-400 jets.