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Shanghai Air Cargo adds to woes

: Latest News; Friday, 27 March 2009

China’s Shanghai Airlines has reported a 2008 net loss of CNY1.25 billion on an 8.6 per cent lift in revenue to CNY13.37 billion after the carrier’s cargo arm, Shanghai Airlines Cargo, posted a net loss of CNY263 million. Cargo volume decreased 2.5 per cent. Operating expenses jumped 14.1 per cent year-over-year to CNY14.65 billion. - Jack Handley

Viva Macau to charge for baggage

: Latest News; Friday, 27 March 2009

Viva Macau Airlines will charge fees for checked economy class baggage from 01 April.

AQIS acts on FMD outbreak in Taiwan

: Latest News; Friday, 27 March 2009

Increased measures have been implemented by the Australian Quarantine Inspection Service (AQIS), after a confirmed outbreak of Foot and Mouth Disease (FMD) in Taiwan.

FIATA to develop training courses

: Latest News; Friday, 27 March 2009

FIATA and IATA have signed an initial five-year agreement to develop training courses for home study, classroom training and e-learning.

Miami airfreight down

: Latest News; Friday, 27 March 2009

The USA’s Miami International Airport's cargo business dropped 24.5 per cent in January and February. The air freight decline included a 23.9 per cent drop in international business.

HK exports outlook bleak

: Latest News; Friday, 27 March 2009

Reuters says a survey shows Hong Kong's exports in February “probably fell for a fourth straight month, dropping 18.8 per cent from a year earlier”.

Boeing has eight years’ work

: Latest News; Friday, 27 March 2009

Airplane maker Boeing may be processing more cancellations than sales this year, but the company’s $270 billion backlog of orders means it will take up to eight years assembly line work to deliver the nearly 3,700 jetliners it owes the market.

BA, Iberia closer

: Latest News; Friday, 27 March 2009

A combined UK’s British Airways and Spain's Iberia could carry more than one million tonnes of air cargo a year based on recent figures, commentators say.

El Al figures down

: Latest News; Thursday, 26 March 2009

Israel’s El Al Israel Airlines says a wider net loss in the fourth quarter of US$9.4 million (up from US$5.3m a year before) was on the back of cargo and passenger revenues down 11 per cent to $465.3 million. it also paid US$35.6 million on long-term hedging contracts, when in the previous year it made US$6.7 million from hedging.

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Shanghai Air Cargo adds to woes

: Latest News; Friday, 27 March 2009

Boeing has eight years’ work

: Latest News; Friday, 27 March 2009

El Al figures down

: Latest News; Thursday, 26 March 2009