Latest News

Friday, 27 June 2008

The United States and Brazil have inked a deal to provide a near 50 per cent increase in passenger flights between the two countries as well as eliminate restrictions on the number of airlines that can provide US - Brazil air service.

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Latest News

Friday, 27 June 2008

Papua New Guinea’s national carrier Air Niugini says it intends to purchase a B787 and two Dash-8 aircraft, one of which will be configured for freight-only.

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Latest News

Friday, 27 June 2008

French power and transport group Alstom – the company that designed and built France’s high-speed TGV trains -- is developing a freight version to compete with short-haul air cargo.

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Latest News

Friday, 27 June 2008

Aircraft leasing firm International Lease Finance Corp says it is considering ordering 300 jetliners from Boeing and Airbus at a discounted price to meet demand from airlines that can no longer afford to buy their own planes.

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Latest News

Friday, 27 June 2008

Cathay Pacific Airways says it has entered into a plea agreement with the United States Department of Justice (DOJ) in connection with its ongoing investigation relating to air cargo services of a number of carriers involved in the international air cargo industry.  Under the agreement, Cathay Pacific has agreed to plead guilty to a one-count violation of the United States Sherman Act relating to its air cargo business and to pay a fine of US$60 million. 

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