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Not so rosy seascape

: Latest News; Monday, 20 October 2008

KPMG’s Dr Ashley Steel, Global chair for Transport and Infrastructure at the company, says freight rates in container shipping have declined rapidly and there has been a recent significant downturn in cargo from China to the west.

Hedging drives Southwest into the red

: Latest News; Monday, 20 October 2008

US carrier Southwest Airlines has posted its first quarterly loss in 17 years – of US$120 million – as its fuel hedging program backfired. The airline incurred its loss in the third quarter because it had to take an accounting charge to write down the declining value of a fuel-hedging program.

LTE fails

: Latest News; Monday, 20 October 2008

Spanish airline LTE International has suspended operations, saying it could not cover costs. LTE ran flights from Spain to the UK, Italy and Saudi Arabia. It has 300 staff and a fleet of seven Airbus 320s.

Brussels inks Uganda deal

: Latest News; Monday, 20 October 2008

Belgium’s Brussels Airlines has inked an interline agreement with Uganda’s Air Uganda.

Air Austral management visit Sydney

: Latest News; Saturday, 18 October 2008

A senior management team from Reunion-based Air Austral (UU) has been in Australia this week working with its general sales agent World Aviation Cargo ahead of its planned start-up in April next year. The carrier will operate two B777-300 ER flights a week between Paris and Sydney.

Boeing buys US Defense supplier

: Latest News; Friday, 17 October 2008

US aircraft manufacturer Boeing is to acquire Federated Software Group (FSG), a US St Louis-based company whose engineering services and software systems help track and distribute equipment and personnel for the US Department of Defense.

Coventry to lose passenger flights

: Latest News; Friday, 17 October 2008

Thomsonfly, the only airline to use it, is pulling out of the UK’s Coventry Airport next month - casting serious doubts about its future as a passenger facility.

Ryanair to challenge delivery charge hikes

: Latest News; Friday, 17 October 2008

Irish carrier Ryanair has announced that it is referring Air BP to the UK’s Office of Fair Trading over 50 per cent hikes in fuel delivery charges at two airports in Scotland and Northern Ireland.

American to buy 42 Dreamliners, hopefully

: Latest News; Friday, 17 October 2008

USA carrier American Airlines intends to acquire 42 Boeing 787-9 Dreamliners for delivery beginning in 2012 and ending in 2018, with the right to purchase up to 58 additional 787s for delivery beginning in 2015 and ending in 2020.

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Not so rosy seascape

: Latest News; Monday, 20 October 2008

Hedging drives Southwest into the red

: Latest News; Monday, 20 October 2008

LTE fails

: Latest News; Monday, 20 October 2008

Air Austral management visit Sydney

: Latest News; Saturday, 18 October 2008

Boeing buys US Defense supplier

: Latest News; Friday, 17 October 2008

: Latest News; Friday, 17 October 2008

Irish carrier Ryanair has announced that it is referring Air BP to the UK’s Office of Fair Trading over 50 per cent hikes in fuel delivery charges at two airports in Scotland and Northern Ireland.

: Latest News; Friday, 17 October 2008