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Schenker invests EUR13 million

: Latest News; Thursday, 26 February 2009

DB Schenker is to invest EUR13 million expanding its warehousing and intermodal hub at Vienna-Albern, Austria.

Grounded aircraft headed for 2700

: Latest News; Thursday, 26 February 2009

Aviation consultancy Ascend says 2,300 of the global airline fleet of 20,293 jet airliners are in storage, with about 1,167 of them grounded last year.

TIACA adds two to Hall of Fame

: Latest News; Thursday, 26 February 2009

Two airline cargo industry stalwarts have been given membership of The International Air Cargo Association’s (TIACA) Hall of Fame.

BAA reports profit drop

: Latest News; Thursday, 26 February 2009

UK airport operator BAA says bids have been received for its sale of Gatwick Airport, but has made no comment on the sale of its other London airport, Stansted. It also has reported lower passenger numbers and higher running costs, with an operating profit of GBP23m for 2008, against GBP476m a year before.

Atlas results out

: Latest News; Thursday, 26 February 2009

US-based Atlas Air Worldwide Holdings, the parent of Atlas Air and Polar Air Cargo, has reported 2008 net income of US$63.7 million.

Query over SkyAirWorld’s WA start

: Latest News; Thursday, 26 February 2009

Queensland, Australia airline SkyAirWorld says it still will launch a direct passenger and freight service between WA's Perth and Cocos (Keeling) Islands and Christmas Island on April 3, despite announcing it’s temporarily cancelling all services for an unspecified period.

RAK may delay re-launch

: Latest News; Thursday, 26 February 2009

UAE carrier RAK Airways says its plans to get back in the air are under threat from the global financial problems.

Air NZ objects to crash report

: Latest News; Thursday, 26 February 2009

Air New Zealand boss Rob Fyfe says the New Zealand airline will complain - to the director of the investigation into the crash of an Airbus A320 and also to the French Ministry of Transport - about the way the investigator’s report was released, saying it breached protocol.

British Airways out of top 10 UK brands

: Latest News; Thursday, 26 February 2009

BrandRepublic reports that for the first time, British Airways has dropped out of the top 10 of the UK’s annual Business Superbrands survey.