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USA rail waiting for green shoots of recovery

: Latest News; Monday, 11 May 2009

Shipments carried by US railroads fell by 23 per cent in April compared with a year earlier and by 18.9 per cent for the first four months of the year.

Air Canada ‘trying to avoid bankruptcy’

: Latest News; Monday, 11 May 2009

Canada’s Air Canada says it is working to avoid filing for bankruptcy protection, a move that analysts have speculated may happen because it faces a raft of challenges.

BA credit rating down again

: Latest News; Monday, 11 May 2009

The Wall Street Journal says Standard & Poor's Ratings Services has lowered its credit rating on UK carrier British Airways for the second time in two months. The carrier is reporting lower premium passenger demand.

Decca 360 launched

: Latest News; Monday, 11 May 2009

India’s Deccan Aviation chief GR Gopinath has announced the launch of Deccan Express Logistics - under the ‘Deccan 360’ brand - an air cargo and express logistic service on India’s domestic and international routes.

Airlines warned on Sydney airport procedures

: Latest News; Sunday, 10 May 2009

Airlines using Australia's Sydney airport have been warned they face stiff penalties if they don’t comply with slot allocations.

Qatar in market for planes

: Latest News; Friday, 08 May 2009

Qatar Airways says it will announce new equipment purchases at the Paris Air Show in June. The Doha-based airline recently announced new routes including to Sydney and Melbourne, Australia and Goa and Amritsar, India. It also is to boost frequencies to selected existing destinations.

JAL subsidiary fires 130 pilots

: Latest News; Friday, 08 May 2009

Japan Airlines' subsidiary JALways has dismissed all 130 of its Honolulu, USA-based pilots and is closing its Oahu office with the loss of five jobs there.

Deutsche Post posts shares-fuelled profit

: Latest News; Friday, 08 May 2009

German mail and logistics giant Deutsche Post, parent of DHL, says net profit jumped in the first quarter despite lower revenues, due largely to gains on options for its Postbank shares.