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Virgin Nigeria exits long haul

: Latest News; Monday, 12 January 2009

Following on from 49 per cent owner Virgin Atlantic’s attempts to exit the airline, Nigeria's flag carrier Virgin Nigeria is to suspending long-haul services to London, UK and Johannesburg, South Africa from the end of January.

Qatar seeks 787 compensation

: Latest News; Monday, 12 January 2009

With an estimated 50-plus airlines now waiting for the delayed Boeing 787 Dreamliner, Gulf carrier Qatar Airways says its expansion plans are being affected and it is in talks with the airplane manufacturer over compensation.

Boeing to cut 4500 heads

: Latest News; Monday, 12 January 2009

US planemaker Boeing is to cut 4,500 mainly administrative ‘overhead function’ jobs in the Puget Sound area of the US where it assembles its jetliners.

flyLAL purchased

: Latest News; Monday, 12 January 2009

Swiss investment fund Swiss Capital Holdings has agreed to buy financially troubled Lithuanian airline flyLAL and says the carrier will continue to be developed as a European regional carrier.

TSA says nine in

: Latest News; Monday, 12 January 2009

The USA’s Transportation Security Administration says nine forwarders already have achieved standards required to meet the demands of the TSA’s controversial Certified Cargo Screening Program. The program comes into play next month and initially will require 50 per cent of domestic cargo on passenger aircraft to be pre-screened.

Air France group totals drop

: Latest News; Monday, 12 January 2009

Air France-KLM cargo in the Asia-Pacific region in December was down 29.2 per cent, from 487 RTKs a year ago to 345 RTKs. Network-wide, the carrier suffered a 20.4 per cent drop in cargo traffic. Cargo load factor declined by 10.6 points to 59.6 per cent.

Vietnam profits down

: Latest News; Monday, 12 January 2009

Vietnam Airlines reports that it flew more than 125,000 tonnes of cargo and carried 8.8 million passengers during the 2008 year but pre-tax profits fell to US$14 million dollars, down from US$23 million in 2007. Earnings fell even though revenues reached US$1.56 billion dollars, compared to US$1.27 billion in 2007.

Air Malawi seeks funds

: Latest News; Monday, 12 January 2009

Malawi’s loss-making Air Malawi says it needs US$12.8 million to continue operating as a viable business. Chief executive officer Wisdom Mchungula said its operations were restricted by the government’s reluctance to guarantee bank loans.

Air France for Alitalia?

: Latest News; Friday, 09 January 2009

Reborn Italian carrier Alitalia's board is expected to meet next week and approve the sale of a minority stake in the airline to Europe’s Air France-KLM.

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Virgin Nigeria exits long haul

: Latest News; Monday, 12 January 2009

Qatar seeks 787 compensation

: Latest News; Monday, 12 January 2009

flyLAL purchased

: Latest News; Monday, 12 January 2009

Swiss investment fund Swiss Capital Holdings has agreed to buy financially troubled Lithuanian airline flyLAL and says the carrier will continue to be developed as a European regional carrier.

TSA says nine in

: Latest News; Monday, 12 January 2009

Air France group totals drop

: Latest News; Monday, 12 January 2009

Vietnam profits down

: Latest News; Monday, 12 January 2009

Air Malawi seeks funds

: Latest News; Monday, 12 January 2009