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BAWC fuel surcharge reduced

: Latest News; Friday, 08 August 2008

British Airways World Cargo (BAWC) has reduced its fuel surcharge in line with sharp falls in the fuel price. The surcharge will be GBP0.84 / USD1.30 / EUR1.30, with effect from 21 August.

Asia Pacific tops Boeing forecast

: Latest News; Friday, 08 August 2008

Boeing says replacement airplanes have taken a 43 per cent share of international demand, much higher than the 36 per cent forecast before the oil crisis hit.

Etihad launches Minsk service

: Latest News; Friday, 08 August 2008

Gulf-based Etihad Airways has inaugurated the first air services to Belarus with a twice-weekly schedule to the country’s capital, Minsk.

25 airlines down this year

: Latest News; Friday, 08 August 2008

A report in the International Herald Tribune says 25 airlines - three to four times the number that the International Air Transport Association (IATA) normally registers in a year – have failed in the past eight months and 17 have ceased operations altogether.

Lam joins Trans Global

: Latest News; Friday, 08 August 2008

Hong Kong-based logistics company Trans Global Logistics has appointed Peter Lam as its corporate director air freight. Lam previously was regional sales manager at Virgin Atlantic Cargo with responsibility for Hong Kong and China.

EC okays Delta deal

: Latest News; Friday, 08 August 2008

The European Commission has okayed US carrier Delta Air Lines’ plan to buy rival US carrier Northwest Airlines Corp for more than US$3 billion, saying that for transatlantic cargo transport the deal would have only a limited impact because of the two companies' limited presence in this market.

Kuehne + Nagel into Saudi Arabia

: Latest News; Friday, 08 August 2008

Kuehne + Nagel has opened three offices in Saudi Arabia – Jeddah, Riyadh and Dammam - and said it will make “considerable investments” in the market in 2009.