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China Eastern gets US$1.17m windfall

: Latest News; Tuesday, 16 September 2008

Chinese courts have ordered 10 pilots of China Eastern Airlines to compensate their employer a total of nearly eight million yuan (US$1.17 million) for leaving their jobs.

Chunnel reopens

: Latest News; Tuesday, 16 September 2008

The UK-France Channel Tunnel partly reopened Saturday and traffic was resuming progressively, the tunnel operator said, after firefighters extinguished a blaze on a cargo train that closed it late last week.

30 more airlines ‘could fail before Xmas’

: Latest News; Tuesday, 16 September 2008

UK flag carrier British Airways’ ceo Willie Walsh has said as many as 30 more airlines could go bankrupt before Christmas.

Air NZ shows how to save fuel

: Latest News; Tuesday, 16 September 2008

New Zealand carrier Air New Zealand has operated a flight Auckland-San Francisco, USA using technology, optimal flying conditions and the co-operation of US, New Zealand and Australian aviation authorities to save 4600 litres of avgas.

Ningxia targets halal markets

: Latest News; Tuesday, 16 September 2008

China's Ningxia autonomous region is planning air cargo charters to Kuala Lumpur, Bangkok and Dubai next year.

BA to shed 1400 jobs

: Latest News; Tuesday, 16 September 2008

UK carrier British Airways says it is offering voluntary redundancy to 1,400 senior and middle managers in a bid to cut about three per cent of its 42,000 workforce and GBP170 million from its wages bill.

Firms eye Alitalia cargo

: Latest News; Tuesday, 16 September 2008

Italy’s Alitalia moved closer to bankruptcy Friday as an investor group abandoned talks to buy the state-owned carrier because of union opposition and bankruptcy officials said flights might have to be cancelled because the airline couldn’t afford fuel.

Venezuela waves oil flag at US

: Latest News; Tuesday, 16 September 2008

Venezuela last week restricted flights to the country by US airlines, expelled the US ambassador and threatened to cut off oil supplies to the US. Its president, Hugo Chavez, predicted world oil prices would top US$200 a barrel if he made good the oil threat.