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UPS profit warning

: Latest News; Wednesday, 25 June 2008

The Atlanta, US-based package shipper United Parcel Service has posted a profit warning, saying it expects earnings per diluted share for the second quarter to fall within a range of US$0.83 cents a share to US$0.88 cents a share, compared to the US$0.97 cents to US$1.04 a share it originally anticipated.

United starts pilot cuts

: Latest News; Wednesday, 25 June 2008

Chicago, US-based United Airlines says it will lay off about 12 per cent of its pilots, about 950 in total, by the end of next year.

Lufthansa to offer private jets

: Latest News; Tuesday, 24 June 2008

Wolfgang Mayrhuber, chairman and ceo of German carrier Lufthansa says the airline has recently launched 16 new destinations and is not going to cut any of its current routes despite the rising price of jet fuel.

MK back in business

: Latest News; Tuesday, 24 June 2008

British air cargo operator MK Airlines, which recently grounded its fleet, reportedly has been saved by an un-named British-based investor.

DSV buys ABX

: Latest News; Tuesday, 24 June 2008

Europe-headquartered trucking major DSV has agreed to buy ABX Logistics Worldwide for €750 million (US$1.2 billion) to expand its air and sea freight-forwarding business in Europe.

Etihad to sponsor Middle East meet

: Latest News; Tuesday, 24 June 2008

Etihad Crystal Cargo will be key sponsor for 'International Freight Week’, an event “created to address the economic needs of the Middle East region and the ambitions of international companies involved in the logistics industry,” according to Sarah Woodbridge, group director Exhibitions, IIR Middle East, the organiser of the event.

BTC studies impact of airline industry failure

: Latest News; Tuesday, 24 June 2008

US business group Business Travel Coalition (BTC) has published a new study "Beyond the Airlines' $2 Can of Coke: Catastrophic Impact on the US Economy from Oil-price Trauma in the Airline Industry".

BAWC optimistic for new carrier

: Latest News; Tuesday, 24 June 2008

British Airways' US-EU subsidiary airline OpenSkies now flies daily from New York to Paris, with British Airways World Cargo (BAWC) selling cargo capacity on the flights.

Improved cargo performance for Air Mauritius

: Latest News; Monday, 23 June 2008

Air Mauritius has reported a sharp improvement in performance for the financial year 01 April 2007 to 31 March 2008, achieving a profit of EUR 15.6 million compared to a loss of EUR 7.9 million in the previous year.

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UPS profit warning

: Latest News; Wednesday, 25 June 2008

Lufthansa to offer private jets

: Latest News; Tuesday, 24 June 2008

Etihad to sponsor Middle East meet

: Latest News; Tuesday, 24 June 2008

: Latest News; Tuesday, 24 June 2008

US business group Business Travel Coalition (BTC) has published a new study "Beyond the Airlines' $2 Can of Coke: Catastrophic Impact on the US Economy from Oil-price Trauma in the Airline Industry".

: Latest News; Monday, 23 June 2008