Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has been rated as an e-freight compliant airport by IATA for its cargo operations. This project reiterates the airport’s efforts in sustaining the long-term well-being of the environment. The e-freight concept was launched by IATA in 2006 as part of the StB (simplifying the business) programme and became an industry-wide initiative. "IATA would like to congratulate … [Read more...] about BIAL becomes India’s first e-freight compliant airport
Carriers
Cathay Pacific pilots vote to strike
Some 93 per cent of Hong Kong Aircrew Officers Association members have voted to push ahead with their work-to-rule protest over the Christmas period after rejecting a proposed pay increase. If a resolution is not reached, pilots will refuse to work outside of their contractual commitments. This could result in flight delays and cancellations during the year's peak travel season. … [Read more...] about Cathay Pacific pilots vote to strike
Govt unveils draft civil aviation policy
Terming UPA's aviation policy as "opaque", government on Monday brought in a fresh draft recommending listing of state-run Airports Authority of India and chopper firm Pawan Hans on stock exchanges and steps to beef up Air India operations, hinting at its stake sale too. Civil Aviation Minister Ashok Gajapathi Raju unveiled the draft civil aviation policy which also proposes to enhance regional air connectivity, develop six major metro airports as international hubs, create more airports … [Read more...] about Govt unveils draft civil aviation policy
Air China, Air Canada to form JV
Air Canada and Air China have concluded a memorandum of understanding setting out the main principles for a comprehensive revenue sharing joint venture providing for an enhanced partnership on routes between Canada and China. The JV will provide for enhanced cooperation between the two carriers in the areas of sales, marketing and airport operations, as well as generate additional service and pricing benefits for consumers travelling between the two countries. Subject to Air Canada and Air … [Read more...] about Air China, Air Canada to form JV
Agility eyes 35% stake in Kuwait Airways
Agility announced its interest in buying a 35 per cent stake in loss-making state carrier Kuwait Airways, Arab News reported. Agility's CEO Tarek Sultan told Reuters that this investment plan is based on the company's strategy of expanding into aviation services. Previously, the Kuwaiti Parliament said it has approved a plan to privatize the flag-carrier by selling a 35 per cent stake to an investment company, but since then the plan has been delayed several times. "We don't know the … [Read more...] about Agility eyes 35% stake in Kuwait Airways
ATSG reports strong 3Q results
Air Transport Services Group, a provider of medium wide-body aircraft leasing, air cargo transportation and related services, reported consolidated financial results for the quarter ended 30 September 2014. Pre-tax earnings from continuing operations increased 25 per cent to US$15.6 million driven by a US$7.0 million improvement in airline profitability compared with a year ago. Nett earnings from continuing operations increased 23 per cent to US$9.6 million, from US$7.8 million in the third … [Read more...] about ATSG reports strong 3Q results