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EU approves Austrian loan

: Latest News; Tuesday, 20 January 2009

The European Union has approved a EUR200 million rescue loan for Austrian Airlines as the company awaits approval for its takeover by Germany's Lufthansa.

Thai seeks US$545 million

: Latest News; Tuesday, 20 January 2009

Thailand’s Thai Airways International is seeking THB19 billion (US$545 million) in loans from banks as working capital as it recovers from the recent shutdown of Bangkok’s two airports.

MAG in running for Gatwick?

: Latest News; Tuesday, 20 January 2009

Manchester Airport Group (MAG) is understood to be among consortia tabling joint bids to buy London’s Gatwick Airport.

More deliveries than orders at Airbus

: Latest News; Monday, 19 January 2009

European aircraft manufacturer Airbus says the next year will be "horrible" and orders will fall by 50 per cent.

Frankfurt down 2.7 per cent

: Latest News; Monday, 19 January 2009

Frankfurt Airport Cargo throughput (airfreight plus airmail) in 2008 dropped by 2.7 per cent to 2.1 million metric tons and aircraft movements declined by 1.4 per cent to almost 486,000 takeoffs and landings.

Kuwait cargo drops

: Latest News; Monday, 19 January 2009

Kuwait air traffic in December was up four per cent, with the number of arriving and departing flights reaching 7,772 flights compared to 7,455 in the same month in 2007, but air freight traffic going in and out of Kuwait International Airport fell nine per cent to 13.6 million kilograms, official figures show.

Finnair announces layoffs

: Latest News; Monday, 19 January 2009

Finnish airline Finnair will make more than 120 employees redundant across cargo, technology, management, and catering. Customer service personnel will not be affected. It also will temporarily lay off more than 3,000 people for periods of between two and three weeks and 400 fixed term contracts that expire this year will not be renewed.

Air Tahoma grounded

: Latest News; Monday, 19 January 2009

US carrier Air Tahoma has been grounded following a cargo plane crash near Rickenbacker Airport in September that killed three crew members.

SIA Cargo payloads down again

: Latest News; Friday, 16 January 2009

Singapore Airlines Cargo reported systemwide freight capacity in December, 2008 declined by 9.0 per cent, while cargo traffic (measured in freight tonne kilometres) fell by 19.0 per cent.

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Thai seeks US$545 million

: Latest News; Tuesday, 20 January 2009

Thailand’s Thai Airways International is seeking THB19 billion (US$545 million) in loans from banks as working capital as it recovers from the recent shutdown of Bangkok’s two airports.