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Gol goes into the red

: Latest News; Wednesday, 19 November 2008

Brazilian airline Gol Linhas Aereas has blamed currency fluctuations for the majority of its net loss of 474.4 million reals (US$209 million) for the third quarter of this year compared to a net profit of 49.4 million in the same period in 2007.

Study highlights freight cost impacts

: Latest News; Wednesday, 19 November 2008

A 10 per cent reduction in freight costs in Brazil, Argentina, Chile, Colombia, Bolivia and Jamaica would on average boost exports to the US by 39 per cent, according to a study conducted by the Inter-American Development Bank.

Northwest drops Gatwick-Detroit

: Latest News; Wednesday, 19 November 2008

US carrier and Delta subsidiary Northwest Airlines is to cancel its non-stop services between the UK’s London Gatwick and Detroit, USA – operated with partner KLM - from January 11. Parent Delta will continue to serve Atlanta and Cincinnati from London Gatwick and to serve Detroit from London Heathrow.

Yemen launches LCC

: Latest News; Wednesday, 19 November 2008

Yemen-based Felix Airways has launched with a single Bombardier CRJ700. Chief executive officer Mohammed Al-Arrasha said the airline would operate flights between the capital Sanaa and the southern port city of Aden, and later add more domestic services after acquiring more aircraft.

Emirates daily to Cyprus

: Latest News; Wednesday, 19 November 2008

UAE-based Emirates airline will begin daily flights from Dubai to Cyprus from December 1, up from five-times-weekly now.

Cathay adds to Dubai schedule

: Latest News; Wednesday, 19 November 2008

Hong Kong-based Cathay Pacific Airways is now operating triple daily flights between Dubai and Hong Kong. The third service, using B747-400 equipment, operates via Mumbai with a three class configuration.

Arabia adds Kiev service

: Latest News; Wednesday, 19 November 2008

Sharjah-based Air Arabia has launched a non-stop service to Kiev, Ukraine from its main hub. The carrier now flies to Kiev three times a week. “Ukraine is one of the fastest-growing economies in Eastern Europe, and there is considerable passenger traffic between it and the Middle East,” an Air Arabia spokesperson said.

FedEx China hub operational sooner than expected

: Latest News; Wednesday, 19 November 2008

FedEx says its new Asia-Pacific hub at Guangzhou Baiyun International Airport in southern China could be fully-operational in the first half of 2009. Now in the testing phase, the new hub has made significant progress in key areas, including construction, IT, employee training, and the installation of the hub’s package and sorting system.

Russia names new airline Rosavia

: Latest News; Tuesday, 18 November 2008

The new Russian airline being launched by the Moscow city government and state-run Russian Technologies will be called Rosavia, Moscow’s mayor Yury Luzhkov said. An alternative to Aeroflot, the airline will incorporate other regional carriers, including failed regional airlines such as AiRUnion, Krasair and Samara.