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JAL posts US$649 loss

: Latest News; Wednesday, 13 May 2009

Japan Airlines posted a group net loss of JPY63.2 billion (US$649 million) for the 12 months to end March. The loss was in contrast to last year's JPY16.9 billion profit.

Call to ground trafficker carriers

: Latest News; Wednesday, 13 May 2009

A Swedish-based peace research institute claims some of the companies that transport humanitarian aid for relief agencies are linked to alleged arms trafficking and it has recommended the European Union "utilise its existing air safety regulations to put companies involved in arms trafficking or destabilising commodity flows out of business."

Nippon Express down 30 per cent

: Latest News; Wednesday, 13 May 2009

Japanese freight forwarder Nippon Express has reported lower profits and sales for the fiscal 2008 year. Operating profit was down 30.9 per cent to US$337 million and net profit was down 58.4 per cent to US$153 million. Group sales totalled about US$18.4 billion, down 3.8 per cent from fiscal 2007.

Agility into Romania

: Latest News; Wednesday, 13 May 2009

Global forwarder Agility has opened a subsidiary in Romania at Henri Coanda Otopeni international airport, Bucharest. Agility Romania will offer air, sea and road freight services as well as logistics solutions.

ANA increases cargo fuel surcharge

: Latest News; Wednesday, 13 May 2009

Japanese airline ANA plans to increase its fuel surcharge on international cargo shipments from 01 June, 2009.

New IT system for Qantas Freight

: Latest News; Wednesday, 13 May 2009

Qantas Freight has implemented the first component of its iCargo information technology application.

Korean posts another loss

: Latest News; Monday, 11 May 2009

South Korea's Korean Air has reported its sixth consecutive quarterly net loss – at US$409.7 million - as the benefit of lower fuel prices was outweighed by currency-related losses and higher interest costs in the January-March quarter.

Analogic wins US$16m order

: Latest News; Monday, 11 May 2009

USA firm Analogic Corporation says it has received an order from L-3 Security & Detection Systems for Explosives Detection Systems (EDSs) valued at approximately US$16.1 million. The order includes systems certified by the US Transportation Security Administration (TSA).

Singapore, Philippines extend agreement

: Latest News; Monday, 11 May 2009

Singapore and the Philippines have signed an extended air services agreement that entitles carriers of both countries to fly an additional 16 weekly services to the other country, with some beyond rights.