Latest News


  • 01 Feb 2007

    Ethiopian Airlines

    Ethiopian Airlines has wet-leasedtwo DC-10-30Fs from World Airways inearly 2007 for an Addis Ababa-Brusselsservice.... Read More
  • 01 Feb 2007

    Hong Kong Airlines

    Hong Kong-based CR Airways hasbeen renamed Hong Kong Airlines.The carrier operates three B737-800sand has signed a MoU for 10 787s and30 737s.... Read More
  • 01 Feb 2007

    Transaero Airlines

    Russian carrier Transaero Airlineswill acquire six Boeing 747s and B767sas well as five B737-500s. Currently, theairline’s fleet consists of 21 aircraft,including six B747s, seven B767s andeight B737s. In September, Transaeroand Airbus signed an agreement foreight A330s.... Read More
  • 01 Feb 2007

    Four Soft Limited

    India-based software provider forlogistics and transportation, Four Soft Limited (4S) has entered into anagreement to acquire 100 percent ofDenmark-based Transaxiom HoldingA/S, a global provider of transportationand logistics solutions. The transactionvalue is approximately US$10million.... Read More
  • 01 Feb 2007

    UPS denies plans to cancel A380 order

    UPS has denied newspaperreports that it plansto cancel its order for 10A380Fs. The cargo carrieris the last customer for thefreighter version of the aircraft.Earlier, rival FedEx cancelledits order for 10 A380Fsin November and placed anorder for 15 777Fs with...... Read More
  • 01 Feb 2007

    DHL reports strong growth in Russia

    DHL Express Russia continuesits strong performancewith a revenue growth ofnearly 50 percent in 2006 andshipment volumes increasingby 30 percent in the sameperiod. The company continuesto expand its domestic roadnetwork, connecting keyeconomic and fast growingcentres of the country. Thisalso includes...... Read More
  • 01 Feb 2007

    Indian express industry set to grow

    India’s express industry isexpected to register a growthof at least 20 percent perannum during the next fiveyears and more than doubleits size by 2012, accordingto a study by rating agencyCredit Analysis & Research(CARE). Opening of banking,insurance, retail, aviationand telecom...... Read More
  • 01 Feb 2007

    DHL targets 20% growth in Indonesia

    DHL Express/PT BirotikaSemesta continues to be theleader in express and logisticsindustry in Indonesia,according to DHL’s nationaloperations manager, MariaChristina, who said that thecompany is enjoying doubledigitgrowth and will increaseshipments by 20 percent in2007. "We have invested $70,000in a high technology...... Read More
  • 01 Feb 2007

    USPS tests FFS technology

    The U.S. Postal Service(USPS) will expand testingof Flats Sequencing System(FSS) technology to automatesorting of large envelopes,magazines, cataloguesand circulars. The FSS equipment sortsflat mail at a rate of about16,500 pieces per hour.Scheduled to operate 17hours a day, each machinewill be...... Read More
  • 01 Feb 2007

    DHL to employ wi-fi systems

    DHL said it is adopting thelatest "new generation" scanningtechnology, deployinga single system across theentire DHL US networkto prov ide enhanc e dshipment visibility for DHLcustomers. The new scanning devices,used to capture shipmentinformation by couriers andother operations personneland utilising a...... Read More